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They found 3,682 bags and cartons of German currency, 80 bags of foreign currency, 8,307 gold bars, 55 boxes of gold bullion, 3,326 bags of gold coins, 63 bags of silver, one bag of platinum bars, eight bags of gold rings and 207 bags and containers of Nazi loot that included valuable artwork.
Police also recovered ten bullion bars bearing the refiner's mark and serial numbers of bars stolen in the Brink's-Mat robbery. [54] According to the police spokesman, the bars were gold-coated tungsten counterfeits, and therefore could not be Johnson Matthey's stolen gold bars. He said that the arrested men planned to fraudulently claim they ...
Of the nearly 100 tons of gold laundered through Swiss banks, only 4 tons were returned. [6] The Banco de Portugal , the central bank of Portugal , would regularly purchase Nazi gold held at the Swiss National Bank, according to a 1944 document from the American Overseas Special Services .
The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for gold bullion bars and 90% for bullion coins. [2]
Tungsten occurs in many alloys, which have numerous applications, including incandescent light bulb filaments, X-ray tubes, electrodes in gas tungsten arc welding, superalloys, and radiation shielding. Tungsten's hardness and high density make it suitable for military applications in penetrating projectiles.
Bank of America, for instance, lowered its charges from $35 to $10 in 2022. In 2023, banks collectively earned $5.83 billion in revenue off overdraft and nonsufficient fund fees, down from nearly ...
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