Gary North had an article on this topic recently, maybe a bit conspiratorial: Sept. 10, 2011 You won't read any articles on this tomorrow and next week. You will not hear any sermons on it tomorrow. This is the untouchable story. It's here. * * * * * * * * * * Missing Gold A King's Ransom in Precious Metals Seems to have Disappeared There are rumors that $160 billion in gold bullion was stored under the World Trade Center. Yet the only published articles about recovered gold mention only around $200 million worth of gold. All of the reports of recovered precious metals appear to refer to a removal operation conducted in late October of 2001. On Nov. 1, Mayor Rudolph Giuliani announced that "more than $230 million" worth of gold and silver bars that had been stored in a bomb-proof vault had been recovered. A New York Times article contained: Two Brinks trucks were at ground zero on Wednesday to start hauling away the $200 million in gold and silver that the Bank of Nova Scotia had stored in a vault under the trade center ... A team of 30 firefighters and police officers are helping to move the metals, a task that can be measured practically down to the flake but that has been rounded off at 379,036 ounces of gold and 29,942,619 ounces of silver .. Another article gave a figure of $650 million to the value of gold in the 4 WTC vault. Unknown to most people at the time, $650 million in gold and silver was being kept in a special vault four floors beneath Four World Trade Center. The gold and silver were recently recovered. An article in the TimesOnline gives the following rundown of precious metals that were being stored in WTC vaults belonging to Comex. * Comex metals trading - 3,800 gold bars weighing 12 tonnes and worth more than $100 million * Comex clients - 800,000 ounces of gold with a value of about $220 million * Comex clients - 102 million ounces of silver, worth $430 million * Bank of Nova Scotia - $200 million of goldThat totals $950 million. There appear to be no reports of precious metals discovered between November of 2001 and the completion of excavation several months later. It would seem that at least the better part of a billion dollars worth of precious metals went missing. It is not plausible that whatever destroyed the towers vaporized gold and silver, which are heavy malleable metals that are extremely unlikely to participate in chemical reactions with other materials. The circumstances surrounding part of the gold that was recovered offer clues to what may have happened to the unrecovered gold. According to reports, two truckloads of gold were found in a delivery tunnel under 5 World Trade Center in a 10-wheel lorry which had been crushed by falling steel. The vault was under 4 World Trade Center, which was closer to the South Tower, and more heavily damaged. There were no bodies discovered with the lorry, suggesting that whoever was removing the gold was warned of the imminent collapse of the South Tower. * * * * * * * * * * * The New York Times ran a story. Just one. In November 2001. You can find articles on Google, but you must know the proper search terms. You can find more articles here. My point: the story is real. The Web tracked it, briefly. Then it went down the memory hole. Gold and silver began their rise within days. I recommended to my Remnant Review subscribers in October 2001 that they start buying gold. If I had known about this story, I would have hammered on the importance of buying gold. The gold in WTC 4 seemed to disappear. We do not know for sure how much there was. I have not found interviews with the representatives of the institutions that supposedly held the metals. What was listed was a lot of money. But was there more? What was listed was barely Bernie Madoff walking-around money. There are many stories that died shortly after 9-11. No one notices. Is this legit, over $100 billion in gold beneath the WTC (in 2001 $s or 2011 $s)?
If you read it on the internet then it must be true. No one lies or creates phony conspiracy theories on the web. That would be immoral.
Perhaps it was as it is today, 80%+ is just gold on paper? Also love this quote "It is not plausible that whatever destroyed the towers vaporized gold and silver"
Or a couple of opportunistic employees saw the chance of a lifetime, faked their deaths in the collapse of the towers, and walked away with a ton of gold. I can come up with baseless conspiracy theories too!
If 90 million ounces of gold were missing from Comex and a couple of other market makers, it would have been big news and led to many contract defaults. The rumor seems unfounded.
Isn't this the same guy that came up with the story of the 92 year old woman who had a $673,000 3rd party check the bank refused to cash?
No Fatima, Gary North and Franklin Sanders are friends I believe. Acquainted with one another anyway.. Franklin is the one who had the story printed, and Gary North put it into his website. I used to follow Gary North many years ago, but never met him. He is VERY very bright. Franklin, on the other hand, I do have dealings with, enough to actually trust him. I have written to him about the lady; I hope for a response answering some of the questions. This story? hmmm. We'll never know. I'm positive of that. Lucy I emphasize again, Gary North is brilliant. Really.
Has anybody though the owners of that gold (if it existed) did not want to advertise to the world that they were moving billions of dollars of gold.