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In 1995, treasure hunters located a lost submarine carrying two tons of gold.
That would equal about 10 tons of gold or more than 100 tons of silver.
"There is another 14,000 tons of gold waiting to be tapped," he said.
Fort Knox alone has 4,600 tons of gold, which I figure is worth around $235 billion.
Expecting to find £3m in cash, they found three tons of gold bullion worth around £26m and escaped with it.
At the news conference, the ship's finders said that would amount to about four tons of gold coins.
(China in 2010 mined 351 metric tons of gold; Australia 261 tons and the United States 234 tons. Russia mined 203).
The headdress, on view in the gallery, is basically an assemblage of found odds and ends: a tape deck, feathers, tons of gold chains.
Odyssey has extensively researched the reliability of that report and concluded that the claimed shipment was most likely genuine and consisted of nearly four tons of gold coins.
The report said that over three years, Huatailong had discovered five million tons of copper, 530,000 tons of molybdenum and 135 tons of gold.
Still, the World Gold Council, which tracks gold stocks, says the world's central banks already hold roughly 29,000 tons of gold.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com