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.
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How much is a 1 gram of gold worth?
The gram is the basic weight of a gold or silver bar. It's the smallest bar you can buy.
Is gold in every stream?
All the rivers in the world contain gold. However, some rivers contain so little gold that you could strain and sift for years and not find a single small flake.
Is gold a good place to hide money?
Gold is valuable as a private currency. You can use it to avoid government control, because no government controls it.
How much of your wealth should be in gold?
A general rule of thumb is to limit gold to no more than 5% to 10% of your portfolio. Depending on your situation and your risk tolerance, you may be more comfortable with a larger or smaller share of gold in your portfolio.
