Pirates of the Okhotsk?

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700 tons (metric?) @ $1,700.00 an ounce!
 
Alas, it's 700 tons of ore, not refined product. But still ..... I bet it would fill up my retirement fund.

One suggestion I've heard already is, "insurance scam."
 
:)The Okhotsk is shallow. Give it a few months and a (US) submarine will find it.
 
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