• ChonkyOwlbear@lemmy.world
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    1 day 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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      23 hours 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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        17 hours 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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        18 hours 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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          18 hours 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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            18 hours 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.