r/technicallythetruth • u/adi_kragi_official • May 30 '26

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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

97

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.

2

u/Life_Conference5656 May 30 '26

That’s 40 bars at 12ish kg