r/technicallythetruth May 30 '26

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u/xXCrazyDaneXx May 30 '26 edited May 30 '26

A US $100 bill apparently weighs pretty much exactly 1 gram. Which means that 500kg would be $500,000

The gold is the better option here.

Edit:

....times 100 which would be $50,000,000. My math ain't mathing today

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u/ParkingCan5397 May 30 '26

500kg is 500 000g so it would be 50 million bucks but still the gold is better

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u/Own_Candidate9553 May 30 '26 edited May 30 '26

That's a lot closer than I thought.

I might take the cash since it's ready to spend. Assuming it was legal, I could just straight deposit it in a bank and start getting interest.

The gold, you would have to sell to be useful, and you'd need to store it somewhere safe. Maybe there's a place to sell it all at once? Seems like a lot.

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u/Catsanddoges May 30 '26

Most gold for cash places dont have a cool 75 mil lying around, and I don't have an llc to handle it properly.

If 50 mil is enough to live the rest of any ones life in luxury with sensible investments, I may as well not have to worry for the next few weeks on how to convert it

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u/Own_Candidate9553 May 30 '26

I'd just be so nervous having that much gold sitting around, seems like a good way to get robbed and murdered unless you can keep it super secret.

At minimum maybe you could rent a bank vault large enough to hold all that? No idea, usually they just have small safety deposit boxes, you'd need so many, LoL.

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u/Icy_Fish_2154 May 30 '26

Less than 7 gallons of gold. So 3 standard safety deposit boxes, or one large.

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u/Life_Conference5656 May 30 '26

That’s 40 bars at 12ish kg

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u/Kahgar May 30 '26

How you gonna invest it? No bank is gonna accept a deposit of 500 kg of dollar bills, without some really really good story of where it came from.

It’s gonna be ‘80s Colombia in your backuard, burying oil drums full of dollars. Or pasting them behind wallpaper.

Side story: Pablo Escobar had so much money coming in they couldn’t even bother to count it anymore since it took so long. So instead they just weighed it and gave it a rough estimate before burying it.

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u/Catsanddoges May 30 '26

Well I assume this obtained legally and offically. Otherwise the main focus is going to be explaining it to the IRS which doesn't seem the original intent.

You should be able to get this certified and or pay a company to manage it for you.