Word: bullion
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...more than $3.1 billion. But most Soviets consider that sum laughably low. In recent weeks, one newspaper started its own investigation into the missing riches; a coalition of emerging Soviet businesses launched another. Their probes place the money everywhere from hard-currency accounts in foreign banks to gold bullion in Swiss vaults...
Three tons of gold bars, nuggets, bullion and rare coins from the California goldfields were lost in 1857, when the steamship Central America sank in a hurricane off the Carolinas. Now this lost treasure, confirmed 18 months ago and worth up to $1 billion today, is in the eye of another hurricane, this time in a Norfolk, Va., courtroom...
...ivory become a raw material for industry. In the 1920s thousands of elephants were butchered to meet U.S. demands for 60,000 ivory billiard balls a year and for hundreds of thousands of piano keys. In the 1970s ivory was a hedge against inflation, stockpiled and traded like bullion...
...44th voyage carrying passengers and gold from Panama to New York, the S.S. Central America ran into a killer hurricane and sank in 8,000 ft. of water 200 miles off the South Carolina coast. On board were an estimated 77,000 ounces of gold bullion worth at least $28 million today. Last week a salvage syndicate that located the wreck two years ago began recovering what engineer Thomas Thompson, 37, said was "like the classic sunken treasures you read about as a kid. It is like a garden of gold growing from the bottom and hanging from beams...
According to the author's somewhat breathless account, when Japanese General Tomoyuki Yamashita ("the Tiger of Malaya") moved to Manila in 1944, he took charge of several billion dollars' worth of gold that the Japanese had accumulated in their conquest of Southeast Asia. The bullion was cached in underground caves dug by U.S. and Filipino prisoners of war, who were then buried alive with it. Seagrave claims that Marcos was able to disperse the gold with the aid of a murky global network of coconspirators, including Swiss banks, a London-based bullion cartel, right-wing American political groups (among them...