TinFoil Tuesday: The 9/11 Gold Heist

September 11th, 2012

This year 9/11 happens to fall on a Tuesday. Where some see coincidence others see synchronicity. So of course, we’ve got to tackle some part of the 9/11 Truth theories for TinFoil Tuesday. But which part? 9/11 Truth is a genre of conspiracy theory than spans from relatively modest accusations that sociocrats inside the US Government orchestrated a false flag attack in order to seize power, all the way to reptiles and holograms and black magic and everywhere else conspiracy theories go. But if we step away from the two towers we all know about, and we step away from the mysterious , which was never hit by a plane, and we instead look to Building 4, an interesting theory comes to light that might just interest all you precious metal enthusiasts. Could it be, as some have claimed, that 9/11 was the largest gold heist in history?

Loose Change is probably one of the best known, and easily digested, documentaries on the 9/11 Truth Movement. They’ve made a concerted effort to focus on the the impossibility of the official story rather than on postulating theories, making them much more credible in many people’s view.

According them, gold stored beneath the World Trade Center by “Kuwaiti interests” was estimated as worth $1 billion in 1993, and much more than that by 2001. And while Wikipedia claimed at the time of the documentary that the gold was recovered in it’s entirety, Loose Change disputes that.

In the week immediately after 9/11, when many questions were still being asked in the mainstream, rescue workers reported that all the vault were found open and left empty. The missing gold was earning a little more attention than some people wanted. On November 1st Mayor Giuliani came out and announced that it had been recovered… all $230 million of it. Just one problem According to Comex Metal Trading, at least $950 million was missing just from their company. Loose Change estimates it was more like $160 billion in gold missing.

The $230 million that was recovered was found on a convoy, including a ten-wheel dump truck, in an underground transport tunnel between Building 4 and Building 5, moving away from Ground Zero. It was trapped in the wreckage as some of the complex’s tunnels collapsed. But no bodies were found in the convoy. So the question is, if this was an official transportation of the gold that was interrupted by the attack where’s the official record of it, but if it was a heist, who orchestrated it? Because either they orchestrated the attack as a diversion, or they at the very least had enough foreknowledge of it to exploit the opportunity.

Part of the problem investigating this heist is that so many in the 9/11 Truth movement are not precious metal enthusiasts. So, they don’t understand that you can’t report a number like $160 billion in gold without reference to the time when the spot value was taken. For example, when Loose Change says that the gold was worth $1 billion in 1993 and much more in 2001 do they mean that the same weight of gold was worth much more in 2001, or that much more gold was stored there in 2001? A gold bar in 1993 dollars is worth considerably more today. To confound the confusion, the amount of gold estimated by various theorists differs wildly. The highest comes from a 9/11 whistleblower named Richard Andrew Grove who says it’s as high as $300 billion (however much that is). But without reporting the weights it’s difficult substantiate the claims.

There is a report containing actual weights of precious metals missing from vaults belonging to Comex Metal Trading. Their own holdings were 3,800 gold bars weighing 12 tonnes, and they stored metal belonging to their clients in the amount of 800,000 ounces of gold, and 102 million ounces of silver. This is where the missing $950 million figure comes from. The $230 million in gold and silver that was recovered reportedly belongs to the Bank of Nova Scotia and was reported as 379,036 ounces of gold and 29,942,619 ounces of silver. If someone wants to do the math on that feel free.

So, we’ve got a number of problems. How much gold was actually there? How much was it worth, and when? And most importantly, where is it now? Because for many, the missing gold is the smoking gun that proves the attack wasn’t made by 19 Arab hijackers. Bin Laden certainly didn’t take it. Find the gold. Find the conspirators.

References
Thanksgiving at Ground Zero,National Real Estate Investor,
2Below Ground Zero, Silver and Gold,New York Times,11/1/2001
3Cache of Gold Found at WTC Two truckloads retrieved through a tunnel in rubble2,,
4Crushed towers give up cache of gold ingots,TimesOnline,11/1/02
5,Reuters and New York Daily News,

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About the Author: Davi Barker

In grade school Davi refused to recite the pledge of allegiance because he didn't understand what it meant. He was ordered to do as he was told. In college he spent hours scouring through the congressional record trying to understand this strange machine. That's where he discovered Dr. Ron Paul. In 2007 he joined the End The Fed movement and found a political home with the libertarians. The Declaration of Independence claims that the government derives its power “from the consent of the governed." He does not consent.