Marcos gold bars: Fact or fiction?
By GCRU Gold News on Friday, September 22 2017, 00:49 - Permalink
By the late industrialist Enrique Zobel’s recollections, former strongman Ferdinand Marcos left behind his widow, Imelda, and three children with a cache of gold bars that in 1989 was worth at least $35 billion.
Zobel said Marcos, then weak and ailing, showed him original certificates of the gold bars worth $35 billion, then based on the prevailing price of $400 per ounce,
Marcos gold bars: Fact or fiction?
35 billion at $400 per ounce equates to 2,721.5 tonnes of gold....