Gold and the FBI

The FBI was conducting excavations in Pennsylvania. It was about a gold shipment from 1863. Allegedly, several tons of gold were on their way to the U.S. Mint in Philadelphia. The FBI long insisted that nothing had been found. A legal battle ensued in federal court between the FBI and Dennis Parada, who claims the FBI covered up the find. Parada is co-founder of the treasure hunting organization Finders Keepers. While the FBI admits to searching for the gold, when a site designated by Parada was investigated in 2018, nothing was allegedly found. However, Parada suspects a clandestine excavation by the FBI at night. Residents would have seen excavators and armored trucks at night. Inconsistencies in hundreds of photos and missing travel and expense accounts cast doubt on the FBI’s claims, Parada said. The government is nevertheless calling for the case to be closed, but no decision has yet been made.

Whether it is more the sense of justice or treasure hunting that drives Parada, gold has always aroused covetousness, provided for robbery and murder and led to wars. Today, those who want to enjoy gold that preserves value have it easier. Physical gold can be purchased from trustworthy dealers or the investor can bet on the shares of gold companies that can extract the valuable precious metal from the ground. There are, for example, Trillium Gold Mines or Caledonia Mining.

Trillium Gold Mines – https://www.commodity-tv.com/ondemand/companies/profil/trillium-gold-mines-inc/ – owns a 55,000 hectare land package in Ontario as well as properties in Larder Lake, Ontario.

Caledonia Mining – https://www.commodity-tv.com/play/mining-newsflash-with-caledonia-mining-canada-nickel-skeena-resources-and-labrador-uranium/ – is a long-time successful gold producer. The Blanket mine in Zimbabwe is now also powered by its own solar energy.

Current corporate information and press releases from Caledonia Mining (- https://www.resource-capital.ch/en/companies/caledonia-mining-corp/ -) and Trillium Gold Mines (- https://www.resource-capital.ch/en/companies/trillium-gold-mines-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/