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$4 Million In Gold Bars Stolen In 11th Largest Heist In History
Long-time Zero Hedge readers may remember the rather surreal moment towards the beginning of the long-running German tungsten/gold repatriation saga, when Bundesbank Executive Board member Andreas Dombret assured the NY Fed that Germany wasn’t afraid of Simon Gruber (or Goldfinger for that matter) “masterminding gold heists in U.S. vaults.”
Well, since it now appears Germany is all set to ramp up its repatriation efforts (see the NY Fed’s November monthly outflow numbers), Buba may want to reconsider its stance on the threat posed by ambitious bandits, as less than 24 hours ago, an estimated 4 million in gold bars were commandeered (on the side of I-95 no less), by gun wielding desperados.
From CBS:
North Carolina authorities and the FBI are investigating the theft of an estimated $4 million worth of gold allegedly stolen during an armed robbery along Interstate 95 on Sunday evening, CBS affiliate WRAL reports.
After mechanical problems with their truck, two armed guards who were traveling from Miami to Massachusetts with a shipment of silver and gold pulled over at mile marker 114 on the Interstate.
According to the station, the sheriff's office says the guards reported that three armed men in a white van approached them, ordered them to the ground, tied their hands behind their backs and forced them to walk into some nearby woods. Investigators, who responded to the scene shortly before 7 p.m., said the men then reportedly took several barrels of gold and left while the guards were in the woods.
While it’s not clear if the perpetrators here were in fact relatives of anyone killed by John McLane, what we do know is that this was no small feat. Here’s local affiliate WNCN: “...gold robberies of this magnitude are rare. The largest gold robbery in Florida, for example, was the $2.8 million stolen in 2012.”
A quick look back at last year’s ZH post chronicling the 15 greatest gold heists of all-time reveals that yesterday’s 6:50 p.m. robbery was in fact the 11th biggest gold bullion heist ever! Below, find the original infographic.
Courtesy of: Visual Capitalist
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This probably is the FED's version of a boating accident that seem to happen often to people on ZH. Sorry we won't be able to deliver that gold to Germany, it was unfortunately stolen. Herzliches Beileid!
Is a barrel of gold 42 gallons like oil?
Notice how this is front page news...
No Where!!!
'cept here of course ;)
" 'Tis but a barbarous relic."
Logistics Bitches!
How convenient that the perps were driving a van and not a Prius...
or a Tesla with an Al Gore global warming bumper sticker
It was sent to the Pennzoil canning factory and melted down and put into l liter cans of Pennzoil and put on pallets of 200 liters each., and put on boat to Bremerhaven.
At least thats how we used to smuggle heroin .
To be fair, GTA V was a sweet game.
How much did Roosevelt's government steal in the '30s?
"How much did Roosevelt's government steal in the '30s?"
Not nearly as much as Obla-bla has recently.......or the IRS will steal from you shortly.
http://www.washingtontimes.com/news/2015/mar/2/irs-defends-refunds-illeg...
All of it.
What did you think fiat inconvertible paper was for?
Did you REALLY think that the Bretton-Woods "Gold-Standard" was a Gold-Standard?
It wasn't.
It was a promise, that maybe, if you were a member of their club and they liked you they *might* pay you in gold...if they felt like it.
When they didn't feel like it anymore they closed the Gold window.
Remember that. A Gold-Exchange standard IS NOT A GOLD STANDARD BECAUSE THEY CAN ARBITRARILY REDEFINE THE EXCHANGE.
None of it. They paid people approximately $20.67 per ounce. After the forced turn in, they devalued the dollar which is where the "money" was made.
WTF...I guess that "gold is a barbarous relic" line of brainwashing just isn't sinking in. They should just go ahead and design an I Hate Gold iFone app or Supper Bowl ad.
You have to Twitter it 'bro. I Hate Gold @#ShalomBernanke
Go check Jeffrey Christians closet
False flag. There is not that much gold in US.
Long ago alchemists discovered that instead of trying to make gold it was easier to issue themselves permits to someone else's metal. And it was even more effective, as it enriched them while depriving competition of their hard-earned wealth. Every ounce stolen ended up being worth twice as much as an ounce extracted from the ground through hard labor.
This infographic could be titled as "why bitcoin is better than gold".
Maybe they just wanted to "audit" the truck.
Which is why you should ALWAYS trust paper!!!!!!
One of the perps will post his video record of the heist soon, so we can all see how they did it.
A 400-ounce Gold bar is 8 in x 4 in x 2 in (200mm x 80mm x 40mm).
So, $4,000,000 in Gold is about 16 in x 8in x 4 in.
It would fit in a briefcase.
Here's the kicker.
It would weigh 210 pounds.
A rather breathless account, first published in 1984 and updated for this edition, of what happened to the ``Nazi gold'' (and gold currency bonds, bank notes of various countries, coins, jewelry, paintings, and other goodies) that disappeared in the last days of the Third Reich. The immediate cause of its dispersal lay in a raid on Berlin on February 3, 1945 by nearly a thousand Flying Fortress bombers. The Reichsbank took 21 direct hits, and shortly thereafter the bulk of the gold reserves, weighing around 100 tons and requiring thirteen railway flat cars to transport them, were stored in a deep mine at Merkers, 200 miles southwest of Berlin. On April 4, this site was overrun by Patton's Third Army, which captured gold and currency worth some $315 million at 1945 prices, in addition to 400 tons of paintings, the 3,000-year-old Egyptian statuette of Queen Nefertiti, and two million books. Sayer and Botting (Hitlers Last General, not reviewed, etc.) deal with what remained. They estimate the overall total of funds missing or stolen at $433 million, worth nearly $4 billion today. That figure includes $3.6 billion in gold currency bonds seized by Red Army Intelligence, and quietly and efficiently marketed in later years (an intriguing episode unfortunately neglected here), and seven tons of gold from the German Foreign Office which the authors located in the Bank of England. A colorful crew of characters circle around or disappear with the remainder, but often Sayer and Botting get bogged down tracing two bars of gold here or voicing dark suspicions about what is being covered up by the US Occupation authorities there. Indeed, much of the latter part of their story deals less with Nazi gold than with the high living of occupation troops in Germany. Vivid investigative reporting is obscured by dust and cobwebs.
Hmm, so maybe Patton was assassinated due to something about this gold.
So the gold the Nazis stole was in turn stolen by Americans and Russians. At that point it was no longer considered "Nazi" gold ?
Who was the custodial owner? Its easy to discover a heist gone bad.
The truck "broke down?"
And, they knew the route and timing.
It's Putin!
COMEX, I bet.
Someone is going to get a cash settlement.
If they were Indiana Jones, you might cheer them.
BUT...
...Indiana wouldn't be able to hold on to that idol.
It would weigh as much as he did.
Ron Paul to Ben Bernanke - Is Gold Money?
Tradition.
Thats funny. I can't go 10 miles to town without passing at least 18 Highway patrols, city cops, sheriffs dept, dot officials and tribal police but you can rob a armored car on an interstate.
what tribe you near? I wondered where you are there...
(we have project in OK)
Choctaw tribe. SE OK http://poteauchamber.com/Community/OurTown/tabid/340/Default.aspx
sent contact request to not clutter board w/chit chat
NSA cell tower stingray operations were shutdown for mandatory union break.
/comedy
Oh, like RadNet radiation monitoring stations were shut down after Fukushima blew, and have been randomly shut down ever since when the numbers start going up?
Oh, OK.
I hope my Perth kangaroos were not on that truck!
They have not shipped yet.
I am concerned...
What is a "barrel" of gold anyways?
A Barrel? like a water barrel from Gunsmoke?
"What's in that Barrel, Festus?"
"Uh, uh, nothing, Mathew."
Confirms my belief that Z/H should be mandatory reading at any higher edumakation establishment worldwide.
Providing basic to advanced material on how not to get your arse screwed in this cutthroat madhouse.
Best i get out the night vision goggles and go check my 4 stashes, all booby trapped for additional comfort of mind and security but you can never be too careful with this decent into a thieves gallery.
Yeah, Chambawamba knows all about this. He is tracking this and will give an Update.
Yes, it was an inside job. But as a former tarheel, I'm proud of those "thieves" and I hope they get away with it.
A measly 208 pounds - North Carolina was the Original Gold Rush ...
The first gold rush in the United States, following the discovery of a 17 pound (7.7 kg) gold nugget by 12-year old Conrad Reed in a creek at his father’s farm in 1799. The Reed Gold Mine, southwest of Georgeville in Cabarrus County, North Carolina produced about 50 thousand troy ounces (1.6 tonnes) of gold from lode and placer deposits ...
Placer means lying on the ground or in a streambed. Easy pickin' 50,000 x $1200 is about 60000000 - a lot of fiat.
It's never this easy lol ...Inside job all the way...those guards better leave the country tonight, take their gold bars to singapore and open up and SGPMX.com account !!
I wonder if George SoreAss has anything to do with this? (thats a rhetorical question)
Bet the perps came from Moyock or were involoved with these guys..
https://www.academi.com/pages/facilities/moyock-nc
===========
edit: According to local Boston newscasts, the gold was shipped from Miami to Bridgewater MA.,
http://www.wcvb.com/news/4-million-in-gold-stolen-from-truck-in-north-ca...
Other stories are to Attleboro MA.. So here is the skinny on this. Attleboro has a jewelery manufacturer that makes gold and other chains etc.. This is not mentioned in the newscasts and I know a jewelery manufacturer that orders chain from them on occasion.
http://garlanchain.com
Now for the Bridgewater connection:
http://en.wikipedia.org/wiki/Coins_'N_Things
Coins 'N Things, also known as CNT Inc.,[1] is a privately held, family-controlled business in Bridgewater, Massachusetts, that was established as a retail shop for coin collectors and is now the largestwholesale vendor of gold in the United States.
Coins 'N Things was started in 1973 by Louis Oliari, an engineer and coin collector. His teenaged son Mark had also become deeply engaged in coin collecting, and the father thought that if he indulged his son's hobby interest by operating a small storefront coin trading shop, Mark would eventually "get bored" with the hobby and "get [it] out of [his] system.” However, after high school, Mark Oliari went to work in the business full-time and later his father left his corporate job to join him.[2]
Some time after both Oliaris had started working in the business full-time, Coins ’N Things entered the wholesale metals market. While Louis Oliari preferred the retail coin business, Mark Oliari enjoyed trading gold with investors, jewelers, and businesses that needed gold as a raw material.[2] As the wholesale business grew, it began to attain the reputation and financial stature needed to be a leader in that industry. In 2002, the United States Mint approved Coins 'N Things to become one of 11 businesses worldwide authorized to buy American Eagle silver bullion coins for distribution; at that time, qualifications for that authorization included a substantial retail customer base and net worth of at least $5 million.[3]
https://plus.google.com/115024624693944503372/about?gl=us&hl=en
Hook...line... and sinker.
According to my calculations, that's about 200 lbs., give or take. Big fucking deal. Noobs. Wake me up when someone heists a ton or more. Flash bang event for the sheep to cower and shake at.
Missing heists
The Libyan Looting of 2011
The Ukraine Uplift of 2014
The largest heist was by the Federal Reserve Bank in 1934 when the took ownership of the entire Unitrd States of America gold reserves.
Where's the Libya and Ukraine heists?
LMFAO!!!!!!!!!!!!!!
Grand Theft Auto V has a gold heist mission exactly like this towards the end of the game.
somebody find John McClain....
Simon Gruber's my kind of terrorist
There are no John McClanes in the world honey, only the bad men.
So, since this heist was around 200 lbs of gold, is it possible that the robbers were just trying to rob the armored car of whatever it could have been carrying and struck gold in the process?
"From Miami" my home town, "Break down on I95"
Inside job if there ever was one.
The last lights to go out on America will be the lights in Times Square advertising the last pair of Levis. Good night, America.
There a lot more missing here!
Iraq 80 tones by US army
Libya 430 Tones
Ukraine 133 tones
I hope it will be update.
That's 100 kilos...It would fit in the glove box of my Caddy.
You forgot the biggest heist of them all: Richard Nixon, 1971
You missed the heist by Kelly's Heroes in WWII that was made into an awesome movie with Clint Eastwood, Telly Savalas, Don Rickles, Carol O'Connor, Donald Sutherland, Gavin MacCloud, Harry Dean Stanton...
That must have been based on a real event. </sarc>
Young people, Netflix if they have it.
Something tells me Warren Buffet has a shitton of gold, and he probably got it from govt-teat sucking scam.
Shitton or Shitgum?
Not much of a story. Who was the shipper, who was it being shipped to, who was the armed transfer company, who was the insurer? I don't think it was an inside job at all; I don't think anything was in the truck to begin with.
Sometimes what they call armored car's are actually Tractor trailers with extra plates and locks and locks. I see them all the time.. Money is actually pretty heavy when you add the coins moving to and fro. the real question is how they timed the dis abler for the truck. that info will obviously not be released. there are electronic engine scramblers, just like cell phone scramblers, we have to assume, they knocked out the motor, while the van was following.. but that's based on the facts they release, and they never release the facts
#armoredcardriverslivesmatter
If you're looking to liquidate the loot, I'm buying at discount. No certs of origin required, no questions asked.
80% of the internet traffic is underground. Watch the 20% dwindle to 10%. They’ll scream about the loss in traffic/ad revenues. Gold transfers can be done with Bitcoin, Euro, Bonds, BRICS or the tooth fairy. Don’t endorse criminal activity, pointing you to a one hr. laundry service that will fence the gold. During the housing downturn, the same behavior existed with selling copper, steel, bronze or aluminum. They’re referred to as Salvage dealers. Cast the net to catch them. Bet another untouchable politician ring will be brought down.
Zeroes should take comfort that there's at least someone out there that's lost more with their gold than they have.
Wasn't the largest gold heist in history this one? https://en.wikipedia.org/wiki/Executive_Order_6102
Beat me to it...greenie for you
+ 4bln
Sounds like the old milk in the gas tank trick.
Another Anarchist Cookbook holder. I bought mine in the mid-80's. Very disturbing shit. I ended up throwing my copy into a dumpster. It was too fucking sick for me to keep the copy. My childhood mischief was harmless by comparison to what's in the cookbook. We all have limitation’s in life, that book negated any further curiosity to study nasty shit. Here we are in 2015 using the cookbook. Sad times.
Yah, they probably stopped off at that one gas station in Dillon SC where they routinely backfill the tanks from the garden hose. Works ok on the gasoline, but your 'water in fuel' light will come on if it's diesel. Trouble is that only happens after you're 50 or 100 miles away.
I think they must have been influenced by the ZH gold hype
shame, shame
Ummm...based on the above-noted list wouldn't it actually be the new 13th largest heist now and not the 11th?
But hey, what's in a number
Chances are its 10x the reported amount - at least AND its an inside job.
No such thing as coincidence that two things happened - the truck breaks down and three co-operators show up with a plan.
The chances of keeping this a secret are: 1/5[sqr] * 1/[number of girl friends][cube root]
In this age of archived electronic surveillance there are 5 years of meta data floating around to connect these guys and where the gold is now.
The only question is will the federal recovery team actually report the goods recovered or put in in the back of their van for a later split.
Everyone laughs about gold but there really is a fever that overcomes someone that spends time close to that metal and handles it.
This reminds me of this guy, back in the days when marijuana possession could cost you some serious time, told me how he and his girlfriend were stopped at the border, going into Canada. They were driving a VW bug and the border patrol took the whole car apart and everything in it. At the end, they found nothing. So, after getting the car and everything in it put back, the border partrol asked him, "Okay, where was it?" and he replied, "Behind the head light."
So, I asked him, "Well, where was it?"
And he said, "It was wrapped in tin foil inside a peanut butter jar. The border patrol held it in their hand, and then put it back."
Okay so it wasn't gold. As we used to say, "Times of dope will get you through times of no money, better than times of money will get you through times of no dope."
The web site of the trucking/courier company "Transvalue" is not too comforting. They say that everything is insured up to $100 million dollars but forget to say who the insurance is placed with. On the world map on their website are places all over the world that are ostensibly their offices, yet when you click on a location nothing comes up. Supposedly they have a place next to the Miami International Airport, but no external view of the building, no address of the building, just a phone number and email.
It's insured by Marsh. Their logo is on the page.
Three armed bandits just happened to come along as the truck broke down? Either they had a portable EMP to kill the truck engine or THIS WAS AN INSIDE JOB.
Lo Jack
easy
I would be an armed robber too if I had three arms!
False flag/distraction.
They were after the silver.
I'm glad to see somthing NORMAL finally happening.
What about the Marcos Gold heist by George Bush, et al?
http://www.bibliotecapleyades.net/sociopolitica/secretgoldtreaty/letter_...
Pick-up your shit toys and go back to Ghettomonk site to post. What's the matter? You signed the Jersey contract and got banned because you didn't send money for a yearly mod free hammer bashing into your skull. It's all over the internet, pick up your biblical bullshit link and leave ZH. I have a idea, try these sites, unless your banned from them as well.
http://lunaticoutpost.com/
http://www.abovetopsecret.com/
http://www.infowars.com/
SirBarksAlot,
Keep up your defenses against Tavistock Professionals who will come in and turn your internet space upside down, then leave. This normally happens on a slow news day.
The Huffpo villiage is missing their idiot.
Well it wasn't buffet, he just likes silver.
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Hope that site can handle high traffic pings to knock you offline for a while. Spam advertisements is defined as; Squirrel, Possums And Monkey’s.
Speaking of theft and fraud, is there anything to this story?
http://americanprosperity.com/obamas-attorney-general-nominee-caught-in-...
Probably true, but don't expect that a US agency is going to go after a foreign bank (Hong Kong Shanghai Bank Corp).
Musta been da Russians - I'm sure Putin is behind it.................
did they leave the silver?
Just traded the silver smash and dash. Came out alive and very profitable. I AM STILL DUMB FOUNDED AS TO WHAT THE HELL JUST HAPPENED.
Smells of an inside fishy job!
Some one need the Tungstun?
theyre selling tungsten rings on yahoo
the biggest theft ever in Florida was the 2000 election
Yeah ... we could have had Gore ... maybe he wouldn't have produced 'An Inconvient Truth"
OK, I will give JM Bullion a shot. I just received my order from SD bullion. I had some issues with them at first but they have some pretty cool stuff. Most of what I received was very good and this one is already legend in my collection. That coin is fucking awesome and I have number 378 so there are not many out there. I paid more than I should have but it is nice and it is reverse proof on the obverse. Nice strike. SD Bullion does deliver eventually. I got a chuckle out of the fact that the boxes came labeled as SD Bearings Supply Inc. That is a good one.LOL
That seemed OK with JM Bullion. I have another 32.5 ounces of Ag on the way. I had to add in three 1/2 lb bars of copper for good measure. I cannot say that I have ever purchased bullion copper before but now I can. I simply have to see copper bars because I have never seen them before. It's not about getting a good deal on copper it is just that it belongs with any PM collection although seperated by space.
Have you noticed that I keep buying? I never buy too much at a time. I will buy more all of the way down but we are pretty much down now. The time to buy is when everyone else shuns. I will just wait on the leverage and I will last longer than you paper fiends will. Fighting someone with no debt is risky. Do you want to wait ten years? And for you paper fiends, do you know who the copper bars are for? Those are gifts for my friends who have been hoarding 1981 and prior US pennies all of these years. How about a six pack of good beer and a copper bullion bar while NOT at the bar? Most people would not understand. We do.
Cool stuff but don't buy copper bars. Buy copper pipe from the local hardware store. Much cheaper and easier to sell.
Copper pipe is not copper. Technically it's called 'red brass' and it is an alloy that is mostly copper with zinc and other metals added. It's more tradeable (or userful) as pipe but it isn't copper.
Kinda like the gold in Ft. Knox is only 90% pure -- not up to international standards for trading.
The greatest in my book is gainesville coins. No better place to buy your plumbing parts, lol. Inside joke.
I would say the biggest heists are all the Jew owned Cash 4 gold stores like this one.
http://s2.b3ta.com/host/creative/77600/1253743438/cash4gold.jpg
Not to mention this little 3000Ton bait and switch
http://www.ozziesaffa.blogspot.gr/2015/02/south-africa-hounding-by-gover...
Oh vey. How else would I pay for the little ones bar mitzvah?
that should be good for a fifty yellenbux smackdown!
Miami.. I bet the guards were in on it. What are the chances they pull over at a random stop and some bandidos are there. They probably don't know any math.
Okay, it's not even a news item. Turns out the truck broke down, the po-lease stopped by and asked them what they were doing there. One of the questions was, Do you have any large sums of money in the truck? The guards said yes, which was the wrong answer, and the po-lease had to seize it all under civil asset forfeiture, claiming it was only going to be used in the drug trade. Next time, carry a cashier's check!
In cases like this the guards need to be questioned thoroughly and separately to see if their descriptions about what happened are similar.
If there are big differences, that's a red flag.
They break down and thugs just happene to be able to stop and tie up the guards?
JP Morgan steals millions in gold futures every single day.
If it goes on any longer a trend might develop.
These all pale when compared to the US FED's looting of 3.5 trillion dollars from the American coffers.
Seriously, this is a decent backpack full, that's it. It's ~ 200 lbs of gold. It would fit in a checked bag at the airport. I once orderd 100K of silver for work and was disapointed to see the little bitty crate it came in. Ever since then, I've had an appreciation of how easy the theft of large amounts of precious metal is.
JPM needs every bit it can scrape up ... they're probably negotiating for it as we speak,
All I see is silver for cheap. Now I am just buying bullion bar. I might need to buy some more gold and platinum. This is a free for all if I ever saw one. I can't stop buying. The stack is growing. In the end we will see who laughs last. It might take a few years but when she goes it'll work. Maybe I won't sell.
Test order. Blah blah.
Order Details Product: Qty: Price: Total: 1/2 Pound Copper Bullion Bar (New) 3 5.71 17.13 10 oz Sunshine Silver Bar (New) 1 183.66 183.66 10 oz NTR Silver Bar (New) 1 183.66 183.66 10 oz A-Mark Silver Bar (New) 1 183.66 183.66 2015 1.25 oz $8 Canadian Silver Bison Coin (BU) 2 25.82 51.63 Product Total:Shipping:
Final Total:
619.74
$0.00
$619.75
Redneck roadrage
Surveillance video of heist
perps look Asian
http://finance.yahoo.com/video/robbers-steal-us-4-million-062141313.html
Can't kill the canary......
$4 million? That's a couple of shoeboxes.
Transportable and convertible, just the way I like it.
I expect a lot more of these 'heists'.
I don't know that it is so, but it occurs to me it would be very easy to use a "heist" while in transit to explain why there was no gold in someone's account.
I am suggesting that there might have been no gold in the truck in the first place, and the "heist" was only cover for the real theft...which occurred some time previously.
This has inside job written all over it. Only if the drivers were dead after a gunfigt would I believe it. They did have guns.
The sums are a bit low. It would be wiser to steal at least a few billions each time. Then one always can say, we used to have our gold ;-(
Whole lot of fuss about something thats been coined a barbarous relic
Obvious inside job eh? So, the van "broke down" and the heist van just so happened to be there to take advantage. The drivers, at least one of them , has to be involved.
I am thinking these were small casks supposedly filled with gold and silver coins but probably held zinc pennies, if that. Such an obviously transparent scam. Even the mouth breathing gomers in the NC county where it happened don't believe it.