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Old 10-01-2016, 07:31 PM   #1
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Thief steals $1.5 of gold out of truck.

Wasn't me!

http://www.msn.com/en-us/news/crime/...id=mailsignout

I am dubious on one point in the story.

This box/barrel/tin was supposed to weigh 86 pounds but then they wrote - "The truck’s surveillance cameras caught a suspect lifting a container and sprinting off east on 48th St, sources said."

Sprinting with even a well balanced 86 pound rucksack is usually a sprint in name/effort only. Carrying it in a big metal box or barrel? I don't think anyone was really interested in stopping him IMO.

Also assuming regular pounds, 86 pounds = 1,254.167ozt x $1315/ozt ~current spot price = $1,649,229.61
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Last edited by 11C1P; 10-01-2016 at 11:44 PM.
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Old 10-03-2016, 07:38 AM   #2
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Did a search for "five gallon drum" and found this for sale:



Quote :
Width is 10", height is 15" and length is 11".
http://arizonabarrels.com/5_gallon_c...els_drums.html

Not sure if it's the same type as the one mentioned in the story, but it does have a handle on it.

Still, not easy "sprinting" while carrying 86 lbs in your hands I would think.
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Old 10-03-2016, 10:09 AM   #3
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Even if that handle can hold 86 pounds jerking up and down while running, you better have one strong hand to be able to carry that slippery plastic while running with it. I would think he would have had to switch to 2 hands at some point. I'd like to see the video, I bet if anyone was nearby they made no attempt to hinder his escape. I guess that's NYC though. Around here there would have been at least 5 people trying to either tackle him or at least stick a foot out to trip him. The story first says "barrel" then later says "tin". So that would imply it's some sort of metal box/barrel. Then again, when does the media bother with facts much anymore?

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Old 10-03-2016, 10:34 AM   #4
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Another thing I find curious, a pint of water weighs just over a pound, (1.04375 lbs) so 5 gallons (40 pints) of water would weigh 41.75 lbs. Pure water has a density (weight or mass) of about 1 g/cu.cm, 1 g/ml, 1 kg/litre, 1000 kg/cu.m, 1 tonne/cu.m or 62.4 lb/cu.ft
Gold has a density (weight or mass) of about 19320/kg/cu.m. That's almost 20 times the density of water, now granted if it was dust and small pieces there will be air trapped in the voids between, but not nearly enough to make it only roughly twice the weight of water. The more I think about this story, the fishier I find it. Like the whole Kim whats her face married to the bankrupt rapper. They need money and all of a sudden $10mil in jewels get stolen? Something doesn't smell right there either IMO.
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Old 10-03-2016, 11:21 AM   #5
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Quote :
Amount: 1 cubic foot (cu ft - ft3) of gold volume
Equals: 1,203.74 pounds (lb) in gold mass
http://www.traditionaloven.com/metal...b-of-gold.html

Messing around with their calculator (and assuming that it is correct - math not double checked / verified), 86 lbs of gold dust would have an approximate volume of 0.072 cubic feet. 0.072 cubic feet is 124.416 cubic inches. That's roughly 5x5x5 inches. I assume they probably have the dust packaged in some heavy mylar and possibly some packaging filler (popcorn/styrofoam), so the actual container might be a bit larger, but they definitely don't need a "5 gallon drum" (that's roughly 1 cubic foot) to store/transport 86 lbs of gold dust.
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Old 10-03-2016, 11:24 AM   #6
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Originally Posted by PMBug View Post:
http://www.traditionaloven.com/metal...b-of-gold.html

Messing around with their calculator (and assuming that it is correct - math not double checked / verified), 86 lbs of gold dust would have an approximate volume of 0.072 cubic feet. 0.072 cubic feet is 124.416 cubic inches. That's roughly 5x5x5 inches. I assume they probably have the dust packaged in some heavy mylar and possibly some packaging filler (popcorn/styrofoam), so the actual container might be a bit larger, but they definitely don't need a "5 gallon drum" (that's roughly 1 cubic foot) to store/transport 86 lbs of gold dust.
I could see it being in a bag inside a barrel/box, but not sure about a bunch of padding packaging for dust? I'm officially calling shenanigans on this story!
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Old 10-05-2016, 10:11 AM   #7
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Looks like a lot of people are also calling shenanigans on the kardashian "robbery". Once again, the crazy old man is ahead of his time!
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Old 10-06-2016, 05:09 AM   #8
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Quote :
Thief steals $1.5 of gold out of truck.
woulda thought it was worth a bit more than this .....

perhaps its the value of the plastic container ?
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Old 11-30-2016, 09:04 AM   #9
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They released a video of the theft:

http://www.nbcnewyork.com/news/local...403646516.html
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Old 12-03-2016, 09:52 AM   #10
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86 lbs densely packed is not difficult to move.
In a five gallon bucket, not so easy.
Observing the extraction from the tailgate, there is no head, neck, upper body, shoulder, mid-section, core muscle 86 lb load adjustment.
I hand pumped water as child and carried 1/2 filled then full 5 gallon(40 lb each) to house for drinking water.
80 lbs gets heavy very quickly and requires spine positioning before, during, and after endeavor.
The initial adrenaline lift "can" look weightless, his breaks do not look like 86 lbers.
I continue to carry 80 lbs of water from grocery.
Two 2.5 gallon under each arm, just hold lower ones handle with #2 pressed to side under arm.
I could walk the ten blocks without a break, aside from one side to other, with 86 lber.

Secondly, the slide from the truck.
Unless the bed of truck is silicone, that bucket was not 86lbs, or Newton was wrong.
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Old 12-06-2016, 09:20 AM   #11
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Quote :
...
In the two months since the theft, the police and the armored-car company have gone to great lengths to find the thief and the contents of the bucket: misshapen bars of melted, scrap gold worth $1.6 million. The buckets were first described as containing gold flakes, but actually, they held rough-edged bars, a mixture of scrap gold and impurities, from several locations. The bars, about the size of an ice-cube tray with identifying numbers scrawled across them with a Sharpie, are easier to transport than loose flakes.

Interviews with investigators last week brought new information. The police believe the man has entered the country illegally from Ecuador several times, said Kevin P. Harrington, a former deputy chief in the New York Police Department who represents a security company working on the case with detectives and Loomis.

Detective Martin Pastor with the department’s Major Case Squad said the man was believed to have been casing the diamond district area looking for a truck to steal from, and had not simply happened upon a momentarily empty truck. “He was observing the vehicle, pacing back and forth,” Detective Pastor said.
...
http://www.nytimes.com/2016/12/04/ny...heft.html?_r=1
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Old 12-07-2016, 05:21 PM   #12
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tsk tsk

86 lbs ! Thats not a single person lift.
He shoulda done his risk assessment and asked for assistance.

Interesting that he seems to have got away with it too (-:
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Old 01-23-2017, 07:34 AM   #13
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Quote :
A suspected thief accused of stealing a bucket filled with $1.6 million in gold flakes off an armored truck in New York City has been apprehended in Ecuador.

After a search that spanned thousands of miles across two continents over the course of months, authorities arrested Julio Nivelo Thursday.

After surveillance video allegedly first captured Nivelo walking away with an 86-pound bucket of gold flakes in September, authorities followed a trail from the Big Apple to Orlando then California until they finally made their way to Nivelo's native country.

It is not clear what happened to his bucket of gold.
...
https://www.yahoo.com/news/alleged-n...134800051.html
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Old 01-26-2017, 04:10 PM   #14
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Watching that video, the bucket doesn't look like it weighs anywhere near the 86+ pounds they claim. He's holding it on the bottom with the tips of his fingers with 1 hand! The other he has resting on the side, more like balancing something that is oversized, but not overly heavy. Something is very fishy here IMO. If they had all this video, why did they wait so long for him to get away to "Florida" allegedly? You would put a HUGE theft like that right away with the guys face plastered everywhere so he couldn't go 2 blocks without being noticed. Still calling B.S. on this story.
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Old 01-26-2017, 04:14 PM   #15
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Maybe they read this other story, and decided they could pass off something similar.

http://www.pmbug.com/forum/f13/ameri...-bolivia-3723/
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Old 01-28-2017, 12:05 PM   #16
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think they got him in S.America
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