Payload of a 737 is 23 tons
650 shipments is 14,950 tons
14,950 tons is 29,900,000 lbs
29.9M lbs is 538,200,000 troy oz of gold (18 tr oz per lb)
538.2M troy oz * $1950/oz is $1,049,490,000,000 ($1.05 trillion)
Payload of a 737 is 23 tons
650 shipments is 14,950 tons
14,950 tons is 29,900,000 lbs
29.9M lbs is 538,200,000 troy oz of gold (18 tr oz per lb)
538.2M troy oz * $1950/oz is $1,049,490,000,000 ($1.05 trillion)
When it says: the Vatican, it is very tempting to visualize a little piece of territory in Rome.
The Vatican as an institution is way bigger. Akin to a state. It can have embassies. The territory itself, meaning the soil remains to that country in which the embassey is founded, but the location can be awarded a separate status.
This is the way with the Vatican. It can have embassies, and other sovereign locations not subject to local laws.
It therefore does not imply that the physical location where the gold is stashed is exactly in Vatican City.
Then the 650 planes needed. It does.not mean that the gold had to be transported ststes-side.
A transfer into another sovereign title suffices. The amount of gold indeed can sum up to a weight where, of you would physically transport it, 650 plane loads would be needed.
So, on further analysis of what Jan Halper was saying, means she is technically correct but it does not mean that a physical movement of gold has taken place.
It may mean that the gold was stashed in NY at the fed vault with a Vatican label, or some other label.
The story which originated with Charlie Ward is definitely taking gold from Vatican City and moving it to the United States
And he said 650 plane loads. And he said he personally flew the gold to "Fort Knox and other US Treasury locations"