Now this is interesting. 1985 gold was appro
Post# of 7795
Quote:
1985 gold was approximately $300. a ounce...silver oz approx. $7.
2014 gold is approximately $1250. a ounce...silver oz approx. $19.
Mel Fisher (August 21, 1922 – December 19, 1998) was an American treasure hunter best known for finding the 1622 wreck of the Spanish galleon Nuestra Señora de Atocha[1] named after a shrine in Madrid for protection.[2] He discovered the wreck July 20, 1985. The estimated $450 million cache recovered, known as "The Atocha Motherlode," included 40 tons of gold and silver; there were some 114,000 of the Spanish silver coins known as "pieces of eight", gold coins, Colombian emeralds, gold and silver artifacts, and 1000 silver ingots.[1][3] Large as it was, this was only roughly half of the treasure that went down with the Atocha. The wealthiest part of the ship, the stern castle, is yet to be found.[4] Still missing are 300 silver bars and 8 bronze cannons, among other things.
So the treasure from the Atocha would be valued around $2 Billion in today's dollars. I personally think the 1715 Concepcion wreck would yield more treasure in total than the Atocha but even it was equal to the amount of the Atocha, with the current share structure being rounded to a billion shares, that puts the pps, based on intrinsic value, after the state takes their share and HTQ gets their share, at $1 per share. That is with no hype, just the intrinsic value of the company based on their holdings of treasure.
Like I said before, this is a no-brainer.