Get ready for a rise in the price of Cocaine...

[EddyTheDog]

That's under ½ of a billion dollar haul...

http://edition.cnn.com/2013/05/30/ju...html?hpt=hp_t3

[seeandsee]

And 6x times that came over in the same time

[JFK]

OUCH

[L-Pink]

I'm into sniffing glue now so no big deal.

[EddyTheDog]

I'm into sniffing glue now so no big deal.

My main fear in life is that the price of beer goes up...

[CamTraffic]

of course and once again they are talking street value. (does sound better when it's a huge number)

Ain't shit for them, especially for the price they make it for

[AllAboutCams]

Fuck it all came ut of that helicopter did dr who have something do do with this?

[EddyTheDog]

of course and once again they are talking street value. (does sound better when it's a huge number)

Ain't shit for them, especially for the price they make it for

That's a lot of Coke in that pic - Whatever way you look at it...

Enough to put half the US in a good mood for a few hours anyway.....

[EddyTheDog]

Fuck it all came ut of that helicopter did dr who have something do do with this?

That's the bit I am not sure about - They said it was 2 speed boats - How fucking big were they?....

[k0nr4d]

of course and once again they are talking street value. (does sound better when it's a huge number)

Ain't shit for them, especially for the price they make it for

It's tough to say, that's 3175kg of blow. At the $80 in vancouver they charged per gram back years ago when I partied... Price could have gone down though.

[just a punk]

My main fear in life is that the price of beer goes up...

Because the World's beer fields get depleted

[CurrentlySober]

i kunt a4d to get ready for a rise in the price of Cocaine...

[AllAboutCams]

That's the bit I am not sure about - They said it was 2 speed boats - How fucking big were they?....

[slapass]

Almost 6 million grams. That is pretty amazing as that is probably close to the number of users in the US.

[RandyRandy]

I'm sure local dealers will use any excuse to raise their prices, but the guys who owned this coke lost MAYBE $5 million, not almost a billion. 13,000 lbs. = 5909 kilos. I personally could buy a key in Bogota for 4 million pesos. Exchange rate is 1,890 to the $US. That's roughly $12 million for a Gringo in Bogota. For a drug lord in the jungle, it would be . . . Well, you do the math. Nice headline though. War on drugs, carry on.

[purecane]

Don't worry guys, that will be on the streets for sale next week.....PURECANE......

[Forest]

thats the "Street" value which is always highly over inflated for the press

that amount seized is a drop in the bucket for the cartels

[AllAboutCams]

Would this have been cut after it reached its destination or before?

[digitalfantasies]

Would this have been cut after it reached its destination or before?

after of course

[Tofu]

Fuck it all came ut of that helicopter did dr who have something do do with this?

Time Lord technology...it's bigger on the inside!


.

[Rochard]

I'm fully stocked so I'm good.

[96ukssob]

which probably cost them $10k to make that

[Relentless]

As if 'supply' had anything to do with drug prices.

Verizon doesn't price their bandwidth based on what it costs them to provide it or how much of it they have on hand. Pharma doesn't price medicine based on the cost. Your coke dealer or pot dealer isn't counting crops to determine what you are willing to spend either.

[alex.missyouth]

That's definitely a lot of coke.

[pimpmaster9000]

20x that was sezied total in 2012 so its not really a monster haul...

the irony of the situation is that the government is the cartels BEST friend because it artificially raises the price of something that it is unable to control, and thus rewards the criminals with a lucrative smuggling and distribution opportunity...

the irony upon irony is that the more you fight it, the more you raise the price, the less they have to import to make the same $$...basic economics dictates that the harder something is to get the higher the price it commands...

what the police report as a "success" is in fact, just a long term high price guarantee...

war on drugs, war on terror...war is costing the USA a shitload lately...

[brassmonkey]

that was the decoy test that shit how pure is it?

[_Richard_]

price to go up, or price to go down..

[AsianDivaGirlsWebDude]

Payday at xxxJay's place?



ADG

[Best-In-BC]

And 6x times that came over in the same time

That what I was thinking

[SIK]

holy fuck that pic made me sad and "itchy" at the same time... meow meow

[slapass]

I'm sure local dealers will use any excuse to raise their prices, but the guys who owned this coke lost MAYBE $5 million, not almost a billion. 13,000 lbs. = 5909 kilos. I personally could buy a key in Bogota for 4 million pesos. Exchange rate is 1,890 to the $US. That's roughly $12 million for a Gringo in Bogota. For a drug lord in the jungle, it would be . . . Well, you do the math. Nice headline though. War on drugs, carry on.

I get 6 millions grams almost and you pay less then one peso a gram there? So less then a penny? Not bad.

[slapass]

20x that was sezied total in 2012 so its not really a monster haul...

the irony of the situation is that the government is the cartels BEST friend because it artificially raises the price of something that it is unable to control, and thus rewards the criminals with a lucrative smuggling and distribution opportunity...

the irony upon irony is that the more you fight it, the more you raise the price, the less they have to import to make the same $$...basic economics dictates that the harder something is to get the higher the price it commands...

what the police report as a "success" is in fact, just a long term high price guarantee...

war on drugs, war on terror...war is costing the USA a shitload lately...

Tell that to the guys looking at ten years. Then add in the people who paid for it and are now broke. It has to hurt someone. The big guys probably are fine but lots of mid level get shit for this type of thing.

[SilentKnight]

Toronto Mayor Rob Ford throwing another party?

[brassmonkey]

Toronto Mayor Rob Ford throwing another party?

shit how do i get on the list?? winter in the summer time



global warming?

[Spunky]

Damn,that's a lot of woof.good thing I gave up on that shit

[Diomed]

The price of beef is about to go up.

[pimpmaster9000]

Tell that to the guys looking at ten years.

its actually a blessing for crime...they are branded as criminals and sent to criminal college (prison) to make connections and learn the trade...when the drug dealer comes out he is not in position to do much else but sell dope...

Then add in the people who paid for it and are now broke. It has to hurt someone.

so now they go get a job as an accountant/whatever or they wait for the next batch?...its not like the drug dealer will say "screw crime im going legit"....

it is the almighty law of demand and supply...even in prison where conditions and security is inhuman, the main business is selling drugs...

saying that the war on drugs has any positive effect at all, is the intellectual equivalent of flapping your hands in the air and claiming you can fly...every junkie knows where to score every day, in any time in history, in any place in history...its just that politicians are "above" reality

[PornDiscounts-V]

No fucking way that boat can carry that much weight... I call shenanigans!

[Sunny Day]

$70 million at best

Several years ago the local news reported of guys guys busted by the Feds. The asking price was $14,000 per key. A few years earlier there was a bust and the guy would have to be charging $2000 per gram to come up with the $ amount the local cops claimed.

Look carefully at the picture. There's at least a dozen different wrappings of the keys. They come from different labs for different groups. Each group throws in a few keys for shipment. That way if there is a bust, no group suffers a serious loss.

This bust at worst cost them a week's shipment. Annual production is estimated to be 350-600 metric tonnes.

And this is just a Colombian shipment. Most now comes through Mexico.

[SilentKnight]

Fighting the drug trade is like pissing in the ocean. It'll never end...it won't go away. There'll always be a supply and demand.

The only thing that goes away is the country's infrastructure when money that could be used instead to repair and rebuild bridges and highways gets re-allocated to fight the futile war on drugs.