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Treasure hunt to recover £4.5billion worth of British gold trapped in merchant ships torpedoed by Nazis
March 18, 2017 / http://www.telegraph.co.uk/news/2017/03/18/treasure-hunt-recover-45billion-worth-british-gold-trapped-merchant/

Billions of pounds worth of British gold is hidden in the wrecks of merchant ships sunk during the First and Second World Wars, a team of experts believe.

Four research groups have spent 25 years producing a database tracking the gold shipped by the British Government to pay for munitions and goods during both World Wars.

Of the 7,500 merchant ships sunk, the teams have identified more than 700 which they believe may have been carrying vast quantities of gold and other precious metals.



Organisation Britannia’s Gold has now amassed more than eight million documents which point to the locations of the ships, which may have carried at least £4.5 billion. 

Their research also revealed that during the Second World War, many of the merchant ships were specifically attacked because of their precious cargo and German U-boat commanders were told to make them priority targets.

Sinking the boats aimed to reduce Britain’s ability to buy munitions and food and the enemy’s plan was to return and collect the gold after winning the war.

But decades later, the gold has not been recovered and in a few weeks, a £15 million recovery operation is due to launch a few hundred miles west of Ireland.

"All will be treated with respect and those wrecks known to be sensitive and specifically, to have carried evacuee children, will be avoided at all costs" Britannia's Gold.



Britannia’s Gold will launch search and salvage crews which use “state-of-the-art Remotely Operated Underwater Vehicles and other robotic tooling systems” to recover the gold and bring it to the surface.

The team are planning to initially target a “cluster” of three ships in one area – two from the First World War and one from the Second World War – which could contain around £750 million.

On their website, the organisation says: “From our vast research database, we have access to invaluable information such as cargoes, wreck locations, water depths and legal ownerships.



“The circumstances of the sinking and location of the wrecks are often further confirmed by inquest documentation and survivor accounts.”

However the team has stressed that the targeted wrecks are not ships such as the war grave SS City of Benares, which was torpedoed in 1940 by the Germans and resulted in the death of 77 evacuated children. 

The website says: “All will be treated with respect and those wrecks known to be sensitive and specifically, to have carried evacuee children, will be avoided at all costs.

“As a mark of respect, a commemorative plaque will be placed at each shipwreck location upon completion of the team's operations.”

All British warships sunk since 1914 are classified as both war graves and sovereign territory but most merchant wrecks do not have such protection.

Philip Reid, a former banker with Merrill Lynch and chairman of Britannia’s Gold said the first portion of any recovery will go to the British Government which is the owner of the cargo.

After covering the operation’s costs, the rest will be shared among investors, with a percentage going to merchant marine charities.

PHOTO 1:  Of the 7,500 merchant ships sunk, the teams have identified more than 700 which they believe may have been carrying vast quantities of gold. Credit: Alamy Stock Photo

PHOTO 2: The SS City of Benares won't be searched by the team.  Credit: Getty Images

PHOTO 3:  The team are planning to initially target a “cluster” of three ships in one area. Credit: Alamy
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GOLD Bar Selling SCAMS! / Re: Scam or Not?
« Last post by admin on March 19, 2017, 08:35:22 AM »
Yojuyo got it EXACTLY right! Bravo! Plus.. when you have a GUN against MONEY.. which one always WINS????!!!!
TW

Its a scam.

Scene on place of transaction.

Both parties will show the item and the money.  You notice that thier items are fake.  They will show theyre guns.  The next will be as they say unless you preppared an option.
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GOLD Bar Selling SCAMS! / Re: Scam or Not?
« Last post by Yojuyo on March 19, 2017, 04:43:08 AM »
Its a scam.

Scene on place of transaction.

Both parties will show the item and the money.  You notice that thier items are fake.  They will show theyre guns.  The next will be as they say unless you preppared an option.

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Yamashita's Treasure FOUND! / Re: Yamashita treasure at UP Baguio lot?
« Last post by admin on March 19, 2017, 12:33:48 AM »
Very nice. Thank you for the update. We all wish him the best of luck with that.
TW

Very nice. So now what happened since that last post a few weeks ago?
TW

http://www.sunstar.com.ph/baguio/local-news/2017/03/15/yamashita-hunt-baguio-531043

:D:D:D
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Hello! Im new here and i just want to know what does this small turle means with a big hole at the center and 4 small hole on its sides. We dig 24 feet below the ground. Besides the turle is a cement curves ad a diamond...pls help me...
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Real or Fake Gold Bars? / Re: Real Au?
« Last post by renantiur on March 17, 2017, 05:51:48 PM »
why dont u have it tested sir? dont trust on the pictures.
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Real or Fake Gold Bars? / Re: Real Au?
« Last post by SleepingBeauty on March 17, 2017, 05:12:33 PM »
That's ok po but yes the items are said to be malleable like hard gum :)

I'm very suspicious. Don't like the sharp edge look. Also.. remember, real gold is soft and easily gets dented on the edges and corners.
TW

Is this real?....it's suppose to be 6kg among some bars....
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hi Renantiur, based on this pic do you think it is real or fake?
The bar i malleable and from the feel daw po real gold to. It is 6 kg,(6.2kg) and there are 400 pcs of this.... :)

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this reminds me of a story told by a real buyer of mined gold from tagum.  in his 20 years of buying experience, he said he has not encountered a single bar of genuine treasure gold. but he has encountered almost 50 instances when people brought fake gold to him to sell.  most of those who sell fake golds are those being duped by syndicates. mostly, after finding out that the sold gold is a fake, those duped big time cried . its always the same story.

he said also, a cashier from banko sentral ng pilipinas also said, he has not encountered any seller selling treasures in bsp davao.

so many buyers, no sellers with genuine treasures. only fantastic tale and stories rehashed and retold by other persons who have not seen any treasure. typical filipinos. no gold treasures, only stories.

Maybe the genuine ones never passed by him? :) How come I know of people who made it big but kept things silent by themselves? they sold a fews bars when I was in college (just a few years ago po).....  :P
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