US Seizes What May Be $500 Million in Gold in Iraq

Friday, May 23rd, 2003

According to US Seizes What May Be $500 Million in Gold in Iraq, American soldiers found the bars while conducting “a routine traffic control search” of a Mercedes truck near the border:

American troops have seized what appears to be $500 million worth of gold bars from a truck in Iraq, the U.S. military said on Friday.

The 2,000 40-pound bars were seized on Thursday at Qaim on the Syrian border in western Iraq by soldiers of the 3rd Armored Cavalry Regiment, the U.S. military’s Central Command said in a statement.

I’m not surprised that a truck might carry a half-million dollars in gold, except that a half-million dollars in gold evidently weighs forty tons.

Leave a Reply