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HOW MUCH GOLD WAS STORED IN THE BASEMENT OF THE WTC?

Posted By: FarSight3
Date: Sunday, 12-Jun-2005 21:01:22

In Response To: FORMER BUSH-TEAM-MEMBER SPEAKS OF"WTC-CONTR.DEMOLITION" (FarSight3)

There are various rumors that $160 billion in gold bullion was stored under the World Trade Centers. Now some articles about this all mention only around $200 millions.

On 1 Nov., 2001, 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....

This old article from the New York Daily news is interesting:

Cache of Gold Found at WTC
Two truckloads retrieved through a tunnel in rubble

By GREG GITTRICH, THOMAS ZAMBITO and LEO STANDORA
Daily News Staff Writers

Workers at Ground Zero unearthed last night [Ed.Com: Oct, 2001] a buried treasure of gold, hidden for weeks under the ruins of the World Trade Center.

As a small army of federal agents with shotguns and automatic rifles stood guard, city cops and firefighters packed two Brink's armored trucks with the lode, sources said.

This is not a shocker, as it was rumored that as much as $160 Billion in bullion was stored under the Trade Center. Let's read on.

The sources said the gold was found in a delivery tunnel under 5 World Trade Center.

(snip)

Officials finally got to the gold through that tunnel yesterday, after workers hauled out a 10-wheel truck, several crushed cars and mounds of debris.

No bodies were recovered during the operation.

(snip)

As workers inched closer to the gold yesterday, authorities began restricting access to the north side of Ground Zero and FBI and Secret Service agents joined cops and firefighters at the site.

(snip)

The Toronto-based Bank of Nova Scotia has said its vault under 4 World Trade Center alone held more than $200 million in gold and silver. Bank spokeswoman Pam Agnew didn't immediately know if any of that gold was found last night.

Other companies are believed to have lost untold gold and valuables in the disaster.

So a "ten-wheel lorry" was found in the tunnel - loaded with gold - and nobody there...!? Whoever was removing the gold was warned of the imminent collapse of the South Tower anyway.

"...One of the world's largest gold depositories was stored underneath the World Trade Center, owned by a group of commercial banks. The 1993 bomb detonated close to the vault, but it withstood the explosion, as did the towers. One source estimates the 1993 value of the gold at one billion dollars, believed to be owned by Kuwaiti interests. That same source claims that when the World Trade Center was destroyed, the amount of gold "far exceed[ed] the 1993 levels." The gold was finally recovered in its entirety in late 2001...

From: http://encyclopedia.laborlawtalk.com/WTC

"...The Comex metals trading division of the New York Mercantile Exchange kept 3,800 gold bars — weighing 12 tonnes and worth more than $100 million (£70 million) — in vaults in the building’s basement. Comex also held almost 800,000 ounces of gold there on behalf of others with a value of about $220 million. It also held more than 102 million ounces of silver, worth $430 million.

The Bank of Nova Scotia, which kept gold in the Comex vault, reported $200 million of gold lost in the wreckage. Comex also held precious metals for Chase Manhattan Bank, the Bank of New York and Hong Kong and Shanghai Banking..." (Source: Times Online, 1 Nov. 2001)

Buried WTC gold returns to futures trade

A fortune in gold trapped for seven weeks in the ruins of the World Trade Center officially returned to the global bullion trade Friday, but dealers had already closed the book on the tale of tragedy and buried treasure.

"You could in theory say that if things had gone much worse since September 11 and there had been rampant demand or something like that, that it might have been a story that affected the price. But at this point, I don't think it really was," said a metals specialist at a large commodity brokerage.

The $230 million in precious metals has been moved from the basement vaults of ScotiaMocatta Depository at 4 WTC, where it was stored on behalf of the New York Mercantile Exchange when the September 11 attacks brought down the twin towers. All warehouse staff got out safely.

In a joint statement Friday, NYBOT and ScotiaMocatta, the metals trading division of Canada's Bank of Nova Scotia, said the metals had been relocated and were again available to guaranty delivery of futures contracts exchange traded at the COMEX metals division of the NYMEX.

"All of the silver, gold, platinum, and palladium stored in its vaults at 4 World Trade Center have been successfully relocated by an Exchange-approved carrier to a newly Exchange-licensed Brink's Inc depository in Brooklyn," they said.

Spurred by authorities who wanted to demolish the building, by the potential for crime, and by whatever has always driven men to hunt for gold, emergency crews dug through the rubble and got a first glimpse of the gleaming booty on Oct 30.

Guarded by a small army of heavily armed federal agents, city policemen and firefighters began the massive task of moving about 12 tonnes of gold and 30 million ounces of silver. The hoard was estimated to be worth at least $230 million.

There were about 3,800 100-Troy-ounce registered gold bars in the underground COMEX warehouse. While gold is very dense, the task of loading the indestructible yellow metal onto armoured Brinks trucks was not nearly as cumbersome as moving the silver.

Experts said it would take some 50 tractor trailers to transport 30,000 1,000-ounce silver bars.

On top of that, it is believed that other treasures were kept in the vaults, including additional precious metals, jewels and securities. But there has been no information on whether these valuables were there or recovered.

ScotiaMocatta has applied to establish a new exchange-licensed depository in New York for silver, gold, platinum and palladium. Upon approval, the metal being held in ScotiaMocatta's custodial account at Brinks will be relocated to this facility, they said.

The NYMEX has another warehouse in Manhattan, operated by HSBC Bank USA.

Despite initial concern among precious metals dealers, the temporary lack of access to the metal hardly caused a ripple in the markets. The buried gold amounted to about 2 per cent of the 600-tonne-a-day global bullion market.

The metal was insured and supply was available from facilities at refiners elsewhere in the United States, though some may have been remelted into the 100-ounce bars of 99.5 per cent pure gold to meet COMEX delivery specifications.

The exchange said it plans to rescind its emergency rules which allowed an individual or firm taking delivery of metal under the terms of a futures contract to reject a warrant -- a document giving title -- for metal on deposit at the buried ScotiaMocatta vault.

From: http://www.rediff.com/money/2001/nov/17wtc.htm

So - how many GOLD was there, how much could be "retrieved" and WHERE did it land? Had this anything to do with the tragedy itself? It is said that an FBI investigation housed in the WTC - linked to the GATA lawsuit - threatened to expose international gold laundering activities.

Barrick Gold was one company said to be allegedly involved as middlemen in laundering gold from the Marcos family and former communist states through certain German banks.

Are those frequent gold sales - "significant, inexplicable amounts" turning up on the market since the 90ies - connected to this "amount of floating gold"?

Conspirations to keep gold prices from rising?

Far Sight 3


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Articles In This Thread

IF FLIGHT 93 LANDED IN CLEVELAND, WHAT CRASHED IN PA.? *PIC*
ChristopherBollyn -- Tuesday, 22-Mar-2005 01:11:40
SEE MY LINK-COLLECTION OF PREVIOUS POSTS ON 911...
FarSight3 -- Tuesday, 22-Mar-2005 05:07:55
Reader: EYEWITNESS REPORTS...
FarSight3 -- Tuesday, 22-Mar-2005 08:42:46
FORMER BUSH-TEAM-MEMBER SPEAKS OF"WTC-CONTR.DEMOLITION"
FarSight3 -- Sunday, 12-Jun-2005 18:00:51
HOW MUCH GOLD WAS STORED IN THE BASEMENT OF THE WTC?
FarSight3 -- Sunday, 12-Jun-2005 21:01:22
ANOTHER PROMINENT QUESTIONS "OFFICIAL"9/11: P.C.ROBERTS
FarSight3 -- Tuesday, 23-Aug-2005 17:02:49
REVELATION: EUSTACE MULLINS. WHO'S BEHIND THE CFR...?
FarSight3 -- Tuesday, 23-Aug-2005 17:35:37
Readers: VKD, MULLINS FROM VEGA?, FYI...
FarSight3 -- Wednesday, 24-Aug-2005 06:15:12
VKD: "HOW MUCH GOLD WAS STORED IN WTC"? - ENOUGH!
FarSight3 -- Monday, 13-Jun-2005 09:52:41
Reader: WTC-RESCUE-FIREMEN ORDERED "OUT" BY FEDS...
FarSight3 -- Monday, 13-Jun-2005 12:28:11
Reader to VKD: A SMALL CORRECTION...
FarSight3 -- Tuesday, 14-Jun-2005 05:19:01
PROPAGANDA: PENTA-GONE MARCHING ON 9/11/2005....
FarSight3 -- Wednesday, 10-Aug-2005 18:44:49
ONE MORE ON THE ALLEGED "SHOOTDOWN" OF FLIGHT 93...
FarSight3 -- Tuesday, 22-Mar-2005 05:13:54
PENTAGON-CRASH:"A-3 SKY WARRIOR"? SECRET PROBE ON 9/11? *PIC*
FarSight3 -- Tuesday, 14-Jun-2005 09:38:17
VERY IMPORTANT POST!
billym -- Tuesday, 14-Jun-2005 11:11:05
!!!! THE REASON WHY THE WTC-STEEL WAS MOLTEN...!!!! *PIC*
FarSight3 -- Tuesday, 14-Jun-2005 12:17:37
ONLY SCALAR WAVES CAN EXPLAIN THE MOLTEN STEEL (IMHO)
billym -- Wednesday, 15-Jun-2005 04:14:57
THE MOST IMPORTANT QUESTION OF 9/11: THE "PUT-OPTIONS"!
FarSight3 -- Tuesday, 14-Jun-2005 19:23:50
THE HANKY-PANKY AROUND THE RECOVERING OF WTC-HARD DRIVES
FarSight3 -- Tuesday, 14-Jun-2005 19:48:34
REVEALED!!! A COUP DE ÉTAT IN THE MORNING OF THE 9/11
FarSight3 -- Thursday, 26-Jan-2006 06:59:46
Readers: "SURVIVING MARTIAL LAW" & MORE ON THE 9/11...
FarSight3 -- Friday, 27-Jan-2006 06:14:39
NEVER ASKED YOURSELF WHY AN *ATTA* "FLEW INTO" THE WTC?
FarSight3 -- Monday, 27-Feb-2006 19:33:22
Readers: MORE ON *ATTA* AND THE ASCENDEND MASTERS...
FarSight3 -- Wednesday, 1-Mar-2006 12:16:33
RMN EXCLUSIVE INTERVIEW: JIMMY WALTER JR. ON "HIS OWN" SEPTEMBER 11th *PIC*
FarSight3 -- Friday, 19-Aug-2005 08:11:23
Readers: "I LIKE THIS GUY", HADASHI: "NOT BAD"...
FarSight3 -- Friday, 19-Aug-2005 11:53:29
H.MIERS NOMINATION AND THE 9/11 FOREKNOWLEDGE... *PIC*
FarSight3 -- Wednesday, 5-Oct-2005 07:27:58
GORE KNEW THAT BUSH WOULD BE "HOOVERIZED", WELCOME USSA
FarSight3 -- Wednesday, 5-Oct-2005 07:56:29
J.WALTER RESPONDS: "TAKE CARE,DISINFO"! NO 19 HIJACKERS
FarSight3 -- Wednesday, 5-Oct-2005 11:00:43
MAGICKS OF A PREZI BRIEFING:"11 MINUS 9" = 2; WP GOES WOODWARD...
FarSight3 -- Tuesday, 3-Oct-2006 11:35:59
HADASHI SAYS: "OUR REAL ENEMY", IS US GETTING D(N)UMB?
FarSight3 -- Wednesday, 5-Oct-2005 08:36:42
WARNING!!! "KILLING" PATRIOT ACTS MIGHT BRING *NO* GOOD
FarSight3 -- Saturday, 17-Dec-2005 12:08:26
KILLING THE PATRIOT ACT IS *GOOD* REGARDLESS
APHRODITE -- Saturday, 17-Dec-2005 12:28:22
DEMS AGAINST PATRIOT ACT~I WOULD THINK HMMM IS IN ORDER
Ghost -- Saturday, 17-Dec-2005 13:30:15
THAT PIC IS A DOOZIE !
APHRODITE -- Saturday, 17-Dec-2005 14:32:35
CAN WE USE THE PAT.ACTS AGAINST THE FED CORP?
Esclarmonde -- Saturday, 17-Dec-2005 14:33:13
WHAT DO YOU MEAN "THE REAL PRESIDENT" ???
APHRODITE -- Saturday, 17-Dec-2005 14:39:04
WHAT? YOU WANT US TO BE HOSTAGES TO SLAVERY?!
Esclarmonde -- Saturday, 17-Dec-2005 14:25:31
THE FEAR THAT SOMETHING *MIGHT* HAPPEN IS WORSE THAN
APHRODITE -- Saturday, 17-Dec-2005 14:31:16
WE ALREADY HAVE THIS TYPE OF LEGISLATION..
Ghost -- Saturday, 17-Dec-2005 16:06:16
i have no problem w thugs being eavesdropped upon
APHRODITE -- Saturday, 17-Dec-2005 16:28:34
PA - A "GAME" OF POKER! AT STAKE: THE AMERICAN PEOPLE..
FarSight3 -- Friday, 23-Dec-2005 14:24:09
BUSH ASKED FOR WAR POWERS *WITHIN* U.S.!!!
Esclarmonde -- Friday, 23-Dec-2005 15:51:05
WAR POWERS *WITHIN* U.S. WERE *NOT* GRANTED, OR?
FarSight3 -- Friday, 23-Dec-2005 17:16:05
BUT HE SURE TRIED TO GET THEM TO USE AGAINST AMERICANS!
Esclarmonde -- Friday, 23-Dec-2005 18:14:36
PLEASE, STOP MISINTERPRETING MY WORDS!
FarSight3 -- Friday, 23-Dec-2005 20:03:59
Reader: "GLAD TO HAVE AN OUTSIDE-VIEWPOINT"...
FarSight3 -- Friday, 23-Dec-2005 18:03:29
THE 'ERRORIST-ATTACK ON THE "LIBERTY-TOWER"... *PIC*
FarSight3 -- Friday, 10-Feb-2006 08:12:53
GET SMART: THE FIRST "SHOE-BOMBER" OF HIS KIND... *PIC*
FarSight3 -- Friday, 10-Feb-2006 12:04:14
SEE JOE VIALLS' INVESTIGATIONS ON SHOE BOMBER R.REID..
FarSight3 -- Friday, 10-Feb-2006 14:50:17
GUARDIAN: L.A. MAYOR "BLINDSIDED" BY TERROR-INFO...
FarSight3 -- Friday, 10-Feb-2006 13:16:04
PREZI BUSH: A "PROJECT" WITHOUT "DATE OF EXPIRATION"?.. *PIC*
FarSight3 -- Friday, 10-Feb-2006 14:17:38
Reader on 9/11: CREDIT-CARD PROBLEMS ON 9/10/2001...
FarSight3 -- Friday, 17-Jun-2005 11:16:15
DEAR JOURNALIST! "LA, LA 9/11"...
FarSight3 -- Tuesday, 5-Jul-2005 05:51:22


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AN EXPLANATION OF THE FACTIONS