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Title: The Story Behind the Nazi Gold

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Subject: History
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Date: May 28, 1996
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Length: 3 / 645
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And like any sharp businessmen with hot goods, the Swiss disposed of much of their gold quickly - through Portugal mainly, but also to Sweden, Spain, and other central banks (Hirsh 48). Probably no more that $140 million remains unaccounted for, and a good portion of that was probably sold onward as well...

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But what remains of the known Nazi hoard (none of which has been returned to the Jewish community) is worth no more than about $65 million according to the Brussels-based Tripartite Gold Commission, set up after World War II to return stolen gold to national treasuries. Recently the Clinton administration created a com! mission to search for any Nazi funds that might have ended up in U...

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