Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Beam Me Up Scotty. The funniest line in any news article this week.
Red State ^ | July 5th, 2015 | Erick Erickson

Posted on 07/05/2015 8:11:28 PM PDT by xzins

Texas has a stockpile of gold. That gold is kept in New York City in an underground vault managed by HSBC. Texas has decided it wants all its gold back in Texas.

Earlier this year, Governor Greg Abbott signed a law that had sailed through the Texas Legislature. It sets up a depository facility in Texas that will house all of Texas’s gold inside Texas.

According to the Associated Press, Texas’s gold measures “about 20 square feet”. I’m thinking that should be cubic feet, but no matter. That’s not the best part.

In examining how Texas might get its actual, physical gold home from New York City, we find this gem, which is the funniest line in any news article this week:

It’s unclear whether repatriating it could be done with an electronic transfer or would require a fleet of planes or armored cars.

Yes, Scotty is going to beam it to Texas.


TOPICS: Extended News; News/Current Events; US: Arizona; US: California
KEYWORDS: arizona; california; clarencethomas; gaykk; georgetakei; gold; homosexualagenda; iexasgold; libertarians; medicalmarijuana; obamanation; phoenix; texas; transfer
Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100 ... 121-123 next last
To: HiTech RedNeck

Don’t forget the Confederate flag proudly displayed on the transport vehicle.


61 posted on 07/05/2015 10:02:26 PM PDT by Redcitizen
[ Post Reply | Private Reply | To 38 | View Replies]

To: LukeL

1 cubic inch of pure gold weighs 316.598 grams. 24K is about $37.76 per gram.

A cubic foot is 12(316.598) X 12(316.598) X 12(316.598) =
4,606,902,848 grams of gold.

Approximately $173,956,651,540 at $37.76/gram


62 posted on 07/05/2015 10:06:53 PM PDT by outofsalt ( If history teaches us anything it's that history rarely teaches us anything.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: xzins

The bigger question to me would be why in the hell would anyone authorize Texas gold to be stored in New York?


63 posted on 07/05/2015 10:16:13 PM PDT by Smellin Salt
[ Post Reply | Private Reply | To 1 | View Replies]

To: xzins

Apparently, though, it wasn’t very humorous. :>)


Nah xzins... when I’m in attack mode I’ll even charge an artificial..


64 posted on 07/05/2015 10:21:57 PM PDT by hosepipe (This propaganda has been edited (specifically) to include some fully orbed hyperbole..)
[ Post Reply | Private Reply | To 16 | View Replies]

To: hosepipe

There’s economic blood in the water..
Some countrys “ SMELL “ it..


65 posted on 07/05/2015 10:25:36 PM PDT by hosepipe (This propaganda has been edited (specifically) to include some fully orbed hyperbole..)
[ Post Reply | Private Reply | To 64 | View Replies]

To: outofsalt

Check your math again, you would multiple 12^3 X 316.598, then that number by 20 to get the number of total grams, divide that by 31.1 (grams per troy ounce) and multiple by the days spot price.


66 posted on 07/05/2015 10:35:43 PM PDT by LukeL
[ Post Reply | Private Reply | To 62 | View Replies]

To: LukeL

I was using 28 grams (28.349) to the ounce but you are right in that gold is in troy ounces. (So how does 20 figure in?)

So here goes:
1728 (cubic inches) X 316.598 (grams per cubic inch = 547,081 grams per cubic foot

To convert grams to troy ounces 547,081 X 0.032151 = 17589.2
@ $37.76 per troy ounce one cubic foot is 17,589 (troy ounces) is $664,168

so... 25 cubic feet @ $664,168 is only $16,604,205?

I should not be doing this so late


67 posted on 07/05/2015 11:10:22 PM PDT by outofsalt ( If history teaches us anything it's that history rarely teaches us anything.)
[ Post Reply | Private Reply | To 66 | View Replies]

To: xzins

It would make great bullets, if you could get it hot enough to cast. :D


68 posted on 07/05/2015 11:14:03 PM PDT by Oberon (John 12:5-6)
[ Post Reply | Private Reply | To 35 | View Replies]

To: outofsalt

Either way, I don’t blame TX for keeping it in their lock box rather than NY’s lock box!


69 posted on 07/05/2015 11:21:10 PM PDT by outofsalt ( If history teaches us anything it's that history rarely teaches us anything.)
[ Post Reply | Private Reply | To 67 | View Replies]

To: gaijin

*


70 posted on 07/05/2015 11:21:15 PM PDT by skinkinthegrass ("Any girl can be glamorous. All you have to do is stand still and look stupid." Hedy Lamarr)
[ Post Reply | Private Reply | To 2 | View Replies]

To: jimwatx

4 am bump!


71 posted on 07/05/2015 11:33:33 PM PDT by Tunehead54 (Nothing funny here ;-)
[ Post Reply | Private Reply | To 51 | View Replies]

To: xzins

BTTT


72 posted on 07/05/2015 11:37:28 PM PDT by onyx (PLEASE SUPPORT FR. Donate Monthly or Join Club 300! God bless)
[ Post Reply | Private Reply | To 1 | View Replies]

To: outofsalt

Your math is good, except that you would multiply by the price per troy ounce, not gram, because you converted the above number from grams to ounces. I used 20 instead of 25 because the article said 20 cubic feet, not 25.


73 posted on 07/05/2015 11:38:58 PM PDT by LukeL
[ Post Reply | Private Reply | To 67 | View Replies]

To: piytar

Weight of that much gold?


74 posted on 07/06/2015 12:27:19 AM PDT by rikkir (Anyone still believe the 8/08 Atlantic cover wasn't 100% accurate?)
[ Post Reply | Private Reply | To 19 | View Replies]

To: a fool in paradise

Couple of people said 14-15 ton.
That would easily travel in one semi.
Legal weight loaded 80,000 lbs, approx 44-45,000 lbs cargo.


75 posted on 07/06/2015 12:31:59 AM PDT by rikkir (Anyone still believe the 8/08 Atlantic cover wasn't 100% accurate?)
[ Post Reply | Private Reply | To 50 | View Replies]

To: rikkir

About 17 tons.


76 posted on 07/06/2015 12:32:49 AM PDT by piytar (Good will be called evil and Evil will be called good.)
[ Post Reply | Private Reply | To 74 | View Replies]

To: editor-surveyor

Would you be surprised that millions and millions of cash are transported each year by unescorted semi-trucks?

You may have driven past one last time on the highway.


77 posted on 07/06/2015 12:36:29 AM PDT by rikkir (Anyone still believe the 8/08 Atlantic cover wasn't 100% accurate?)
[ Post Reply | Private Reply | To 36 | View Replies]

To: piytar

1 Truck can haul 45,000lbs or 22.5 tons


78 posted on 07/06/2015 12:39:37 AM PDT by rikkir (Anyone still believe the 8/08 Atlantic cover wasn't 100% accurate?)
[ Post Reply | Private Reply | To 57 | View Replies]

To: piytar

Thank you. 1 dry box semi would do nicely.

Load underground at the fed, team run it to TX no escorts by bonded drivers (armed, with interstate permit) with security clearance. Be there in 1 day.

Adding escorts just draws attention.


79 posted on 07/06/2015 12:45:10 AM PDT by rikkir (Anyone still believe the 8/08 Atlantic cover wasn't 100% accurate?)
[ Post Reply | Private Reply | To 76 | View Replies]

To: Smellin Salt
Question of the day...

The bigger question to me would be why in the hell would anyone authorize Texas gold to be stored in New York?>/i>

80 posted on 07/06/2015 1:12:56 AM PDT by onona (Obama's entire term reads like a John Semmens post.)
[ Post Reply | Private Reply | To 63 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100 ... 121-123 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson