Welcome to the PMBug forums - a community supported watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.
Register a free account to join the discussions. When you register an account and log in, you may enjoy additional benefits including access to market data/charts and additional members only rooms (including one for trade/barter with the community).
I suspect Italy will pay for it and then they'll sue the owner's estate?What would they do with it if they did?
It's a constructive total loss. It's only value is scrap - and most of what it has, won't be salvageable. The engines and machinery, are toast. It's not going to sail again.
If there's an environmental advantage to getting it up...fine, but who pays for it? Tens of millions of dollars will be spent, and no value whatsoever recovered.
Funny thing...about 500 miles away, we're getting none of it. There's a winter-storm warning on Lookout Pass, a hundred miles west on I-90, but that's par for the season. Nothing locally.Massive Bomb Cyclone Explodes Off Pacific Northwest: Mariners Face Hurricane-Force Winds and 36-Foot Seas
A rapidly intensifying weather system, known as a “bomb cyclone,” has developed off the U.S. West Coast, creating perilous conditions for mariners and coastal communities in the Pacific Northwest. The...gcaptain.com
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?