Scott Schmidt, who was in charge of the 230th Finance Battalion. The battalion's task was to confiscate Iraqi assets, such as currency, gold bars and other valuables. The conspiracy theory is still circulating, stating that the United States stole Iraqi gold and oil, specifically $20 TRILLION in gold and $30 TRILLION in oil.
More Articles
Is it easier to sell gold coins or bars?
Although coins are easy to store and exchange, gold bars can be trading options as long-term investments. Once again, gold coins are flexible and easy to buy and sell than gold bars.
What percentage of portfolio should be in gold?
This is why investors prefer to add gold to their portfolio to protect themselves from inflation. Most estimates suggest that investments in gold should account for only 5-10% of your portfolio and no more.
Where is Iraq's Gold? Uncovering the Mystery
The Central Bank of Iraq is said to have 90 tons of gold reserves, but there is a conspiracy theory that the United States stole Iraqi gold and oil. Uncovering the truth about what happened to Iraq's gold remains a mystery.
What are the different gold bar types?
Each type of bar is different and has different advantages and disadvantages. Molten gold bars consist of liquid gold that is poured into a mold to create a bar of a specific size.
