Fed tests gold upleg
Gold’s outlook and fundamentals remain really bullish.
This is the now famous image taken by Piotr Koper and Andreas Liechter, who claim they know the whereabouts of a Nazi gold train. (Image by Gazeta Wroclawska newspaper via Twitter)
The search for a long-lost Nazi train, carrying what is believed to be billions of dollars in gold, may be over before Christmas, as Polish mining experts are in the final stages of analyzing data from the site where two men allege to have located the wagons.
According to Krakow University of Science and Technology spokesman, Bartosz Dembinski, the group of experts from the institution are close to conclude whether there is a train at the spot identified by two amateur treasure hunters in August.
The scientists used magnetic, gravitation and earth-penetrating equipment to check the railway bank in Walbrzych, southwestern Poland, and should be ready to release their findings in mid-December, said earlier this week.
German Andreas Richter and Polish Piotr Koper have already produced a rudimentary image of the train using ground-penetrating radar.
Local officials have suggested that because of the annual winter snowfall in Poland, digging may not start until the spring.
Radar image posted on Ritcher and Koper’s website that allegedly shows the train. © 2015 XYZ Spółka Cywilna Piotr Koper & Andreas Richter | Logowanie.
According to tales that have circulated since WWII, the Nazis hid a train containing up to 300 tons of gold, as well as diamonds and firearms.
The Polish government has done little to dampen speculation, as authorities said in September they were “99% certain” the train actually exists.
A number of trains are believed to have been used by the Nazis in the 1940s to transport goods stolen from people in Eastern Europe back to Berlin. While some might have made it to the German capital, others are said to have been left behind by Soviet troops, as they advanced in 1945.
Police officers continue to patrol the wooded, shrub-covered site to keep swarms of treasure hunters from digging.
9 Comments
Altaf
This particular gold brings out more trouble than financial value. Once it comes up, ownership issues crop up. We will find a number of claiments as this is “blood gold”. A number of issues (ethical, moral, political) which were buried collectively after WW II will resurface. As such I wish the below :
1) I wish there is no such thing as Nazi gold.
2) Even if it is there, I wish this gold is never found. .
3) Even if this gold is to resurface, I wish, some one steal this gold, remelt it and bring to market after burning all evidence linking it to its past.
Jimbob
I’d much prefer the funds spent on museums, memorials and education on where it came from and how it came to be. It may be somewhat macabre but that’s why it mustn’t be lost in time.
James Bond
This probably sounds macarbe but what happens if they find a very large box full of Gold teeth that came from concentration camp victims. That is a headache that is impossible to wrap your head around.
x
The search for a long-lost Nazi train,
carrying what is believed to be billions of dollars in gold, may REALLY begin before Christmas, as Polish mining experts are in the final stages
of analyzing data from the site where two men allege to have located the
wagons.
The press conference to announce the results of the latest scans is going to be on December 15, 2015 (this coming Tuesday).
Rod B
As I have said before….a fool and his money are soon parted……
Thomas Henricksen
Hope this does not end like a Geraldo Rivera search!
Jose Perez
This gold will make any diference to no Jewish family, after all this years the descendents of the holocaust had rebound and got to another level. All the world needs is to understand the mistakes to be sure never will happen again. This gold is the prove of the shame and should let behind.
Ed Smith
If found, the price of gold will dip to $750 due to this new supply.
Peter Jacobs
The train exists as shown in the explorers radar images and magnetic survey. As someone commented earlier there will be loads of claims over this and will be more trouble than it’s worth. If I was in charge I would get the military to dig a secret tunnel and unload all the loot secretly to be hidden away from the public as a top secret exercise then excavate the empty train to the world.