Paul Bremer, the US civil administrator of Iraq, announced that the money was found safe and sound in the basement of a bank in downtown Baghdad. Photos of American soldiers posing with Iraqi gold bars are real, but they only depict them taking pictures with the gold they seized in Iraq. Despite this, rumors still persist that the United States stole Iraqi gold and oil, with some claiming that the amount is as high as $20 TRILLION in gold and $30 TRILLION in oil. The truth is that no one knows for sure what happened to the Iraqi gold.
The US government has denied any involvement in its disappearance, and there is no evidence to suggest otherwise. However, it is possible that some of the gold may have been smuggled out of Iraq during the chaos of the war. The Iraqi gold reserves were estimated to be worth around $100 billion before the war. It is believed that much of this was looted or destroyed during the conflict, but it is impossible to know for sure.
Some experts believe that much of the gold may have been hidden away by Saddam Hussein or his associates, while others think it may have been sold off on the black market. Whatever happened to the Iraqi gold remains a mystery. It is likely that some of it was stolen or destroyed during the war, but it is impossible to know for sure. The only thing we can do is speculate and hope that one day we will find out what happened to this valuable resource.