• qprimed@lemmy.ml
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    1 month ago

    jfc, this reads like super low quality seo clickfarm trash. I am horrified that this is anywhere near a .gov site.

  • ChonkyOwlbear@lemmy.world
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    1 month ago

    A gold bar weighs 400 troy ounces.

    Right now gold is at $2,948.85 per troy ounce.

    That’s about 1,695 and a half gold bars.

    A gold bar weighs 27.4286 lbs, so that is 46,507lbs of gold.

    The standard armored car can carry up to 3,000 lbs, so it would take at least 16 armored cars to move that many bars.

    I guess my point is that is a fuck load of gold. Where the hell do they think Biden was hiding it? In his guest bathroom?

    • jonne@infosec.pub
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      1 month ago

      And while the title mentions gold, the body of the article seems to indicate it’s just money in a bank account? I don’t see the gold thing repeated again.

      • booly@sh.itjust.works
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        1 month ago

        Your pallet jack can’t safely carry that cargo, plus people, at highway speeds, 3-5 feet off the ground. I also assume your pallet jack isn’t armored, so you’ve got to subtract the weight of the armor to get the surplus capacity actually useful for cargo.

        The typical big armored bank truck you see transporting cash is rated at 25,000 lbs, but already weighs something like 13,000 lbs empty. The smaller vans, like what I assume the parent commenter is talking about, probably has to devote a larger percentage of its gross vehicle weight to the actual vehicle and armor.

      • finitebanjo@lemmy.world
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        1 month ago

        I find it extremely unlikely that your pneumatic pallet jack is allowed to hold more than 5,499 lbs.

        It’s a “max weight” not a “suggested weight”.

        But yes, a regular armored van can carry around max 3k and a super-heavy can carry max 9k.

        • warbond@lemmy.world
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          1 month ago

          In my experience “max” safe working loads on electric and hydraulic pallet jacks are tested to 150% capacity to make sure it’ll perform as advertised. Perhaps pneumatic jacks are tested to different standards, but that doesn’t sound right to me.

          What makes you say it’s unlikely?

          • finitebanjo@lemmy.world
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            1 month ago

            Overloading equipment will inevitably lead to early failure, even if not right away. It’s the same logic as skipping load bearings in a building because the beams are rated to a lower value than their average strength.

    • emmanuel_car@fedia.io
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      1 month ago

      My guess is a toilet that only needs to flush once to get rid of those pesky classified documents.

  • adarza@lemmy.ca
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    1 month ago

    already trying to smear a potential (she has not declared her intent to run yet) democrat candidate for georgia’s open governor’s race (kemp is term-limited).

    • jonne@infosec.pub
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      1 month ago

      Yep, you’re never going to hear the end of ‘Gold Bars’ or whatever from conservative media, to the point that it becomes shorthand and they just have to repeat those 2 words to get the Pavlov reaction from the base who won’t even know the actual story it’s based on.

      It’s like the Seth Rich thing they did to Hillary.

    • adarza@lemmy.ca
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      1 month ago

      it’s “opposite day”. today, tomorrow, and every day until this nightmare ends. pretty much everything that spews out of the anuses of this administration is a lie.

  • forrgott@lemm.ee
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    1 month ago

    So all that’s actually happened is a $20 billion contract was officially disbursed - as in, transferred to a private installation. So the contract is closed.

    Just to be clear, I don’t believe there’s enough gold bullion in existence to represent 20 billion; besides, is gold did go missing from fort Knox, we all know trump stole it.

    Final note: there’s no way in hell 20 billion isn’t just a made up amount. Maybe 20 million? But they been caught just straight up lying about total monetary amounts.

    • ricecake@sh.itjust.works
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      1 month ago

      Well, there’s certainly enough gold bars to cover that amount, gold is stupid expensive. You’re right about the rest though.

      There’s about $290 billion in bullion in fort Knox, which is something like 4.5 metric tons.

    • jonne@infosec.pub
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      1 month ago

      I think the 20 billion is the full amount that was appropriated in the IRA, to be disbursed to various NGOs. Part of which went to the specific organisation lead by Abrams. At least that’s what I got by paying attention to the specific weasel words used in the ‘article’, chances are they’re outright fabricating stuff and even that’s a lie, of course.

      • forrgott@lemm.ee
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        1 month ago

        You clearly have more patience than I to read it that closely, lol. Still, a billion dollars is an inconvenience amount; it’s not impossible that 20 billion was the total…but that number raises suspicion.

  • forrgott@lemm.ee
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    1 month ago

    Color me surprised. I guess I drastically underestimated the current monetary value of gold, mainly on account of how long ago we went off the “gold standard”.

    But still, it’s like they fed their grievance through a stupid LLM. Very painful read.

    • PhilipTheBucket@ponder.catOP
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      1 month ago

      I mean the disinfo is definitely leaning into the confusion. I included quote marks, but they did not. I fully expect that Trump or one of his people will announce the story taking it literally, if it gets wider traction (which seems not unlikely.)