gold

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There's a Bunker Hiding $10M Somewhere in Utah

Overstock CEO says it will help company survive a financial meltdown

(Newser) - In 2013, the CEO of retail website Overstock.com revealed the company owned "some precious metals and maybe some Bitcoin" that could prove helpful in case of a shutdown of the banking system. That was a bit of an understatement. CEO Patrick Byrne tells Buzzfeed the Utah company actually...

China Discovers Huge Gold Deposit Deep Underwater

The gold could be worth more than $16 billion

(Newser) - A massive deposit of gold discovered more than a mile underwater off the eastern coast of China could have a value of more than $16 billion, China Topix reports. According to the People's Daily Online , the undersea deposit was found near the city of Laizhou in Shandong province and...

Polish Army Swoops In on Nazi 'Gold Train' Site

Explosives, radiation experts assessing site to rule out possible dangers

(Newser) - The world has been hearing about the Nazi gold train for weeks, and we may finally be getting closer to a confirmation or denial. The Polish army has converged upon the southwestern Poland site where the train could be located, with explosives, chemical, and radiation experts making sure there's...

Hunt for Nazi Gold Train Now Involves Polish Army

Military hopes to confirm there's actually a train to be found

(Newser) - The Polish army, including an explosives unit, will join scores of treasure hunters in the search for the rumored Nazi gold train apparently buried somewhere below Walbrzych . A government rep says the governor of the area asked for help, and "the defense minister decided to send technical equipment to...

ISIS Rolls Out Own Currency, Music Video

Propaganda recording intros new coins to replace 'satanic conception of banks'

(Newser) - Fed up with what it describes as the "satanic conception of banks," ISIS says it's releasing its own new currency, and it's put out a nearly one-hour-long video to explain it, the Jerusalem Post reports. The video released by the group's media arm explains its...

Polish Officials: Nazi-Train Hunters Found 'Something'

Walbrzych officials say a military train has been found

(Newser) - Polish officials say a military train has been discovered in Walbrzych, but it's not yet clear if it's the famed Nazi gold train rumored to have vanished in southwest Poland in 1945. Walbrzych "is full of mysterious stories because of its history," says Zygmunt Nowaczyk, the...

Has a Legendary Nazi Train Filled With Gold Been Found?

2 men say they've uncovered it near Ksiaz castle

(Newser) - A Nazi train thought to have gone missing in southwest Poland in 1945 while laden with gold, jewels, and weapons may have been found, if two unnamed men are to be believed. There are few details and plenty of blanks in the story: The treasure hunters aren't revealing the...

Treasure Hunters Find $4.5M in Gold Coins Off Beach

Some people have the best jobs

(Newser) - Three-hundred years to the day after a hurricane sank 11 treasure-laden ships off the Florida coast, treasure hunters found 350 gold coins worth an estimated $4.5 million, Florida Today reports. Brent Brisben , captain of the salvage ship that found the sunken treasure, tells CBS News the timing was "...

Teen Makes Pricey Find in German Lake

It was a gold bar, which the girl then turned over to police

(Newser) - A teenager has made an unexpected find while swimming in a lake in the German Alps: a 17.6-ounce bar of gold. Police say they're still trying to figure out where the bar comes from and how it got into the Koenigssee lake, a popular tourist destination near Berchtesgaden...

Texas to Feds: We Want Our Gold Back

State creating its own Fort Knox

(Newser) - It's an unusual move, and one that smacks of secession to some observers: Texas Gov. Greg Abbott has signed a bill to create a state-run depository to store gold and other precious metals. The facility will be the only state-level one of its kind, and the bill makes it...

FBI Finds Lone Gold Bar Stolen in $5M Heist

Authorities may have traced suspects to South Florida

(Newser) - The FBI has made a break in the case of $4.9 million in gold bars stolen during a highway heist along Interstate 95 last month. Officers say they've uncovered a single bar worth up to $500,000 in South Florida, though they won't specify how or exactly...

We Could Mine Our Waste for Gold
We Could Mine
Our Waste for Gold
study says

We Could Mine Our Waste for Gold

Researchers find enough valuable metals in there to make it worthwhile

(Newser) - There's gold in them thar ... wastewater treatment plants? Yes, researchers think that human waste contains enough gold and other valuable metals to make a mining operation pay off, reports LiveScience . Scientists with the USGS spent eight years analyzing treated solid waste to detect minute metal particles, which come from...

N. Korea Diplomat Busted at Airport With $1.4M—in Gold

Son Young Nam may have been smuggling gold for sale in Bangladesh

(Newser) - You and I can't get away with a 5-ounce bottle of shampoo at the airport, but a North Korean diplomat apparently thought the 27 kilograms of gold in his carry-on—worth about $1.4 million—was no big deal. Bangladesh would beg to differ, reports the Wall Street Journal ...

'Priceless' Gold Coins Found in Record Israel Haul

Israeli diving club at first thought the coins were toy versions

(Newser) - Many divers search long and hard for sunken treasure, but an Israeli diving club out for a recent dive in their local harbor struck literal gold by chance: 2,000 priceless gold coins that had been sitting on the seabed for about 1,000 years, the largest stash of gold...

Hunt Is On for Fugitive Treasure-Hunter's Loot

Investors want bounty worth millions they say Tommy Thompson got on 'Ship of Gold'

(Newser) - Deep-sea treasure hunter Tommy Thompson made headlines in 1988 when he found the legendary "Ship of Gold" (aka the USS Central America) shipwreck off the coast of South Carolina, which sank to the ocean floor with thousands of pounds of gold in 1857. Now he's in the news...

Your City's Sewage Could Hold $2.6M in Gold and Silver

Not that we'd recommend looking for it

(Newser) - The sewage being treated by your city could be a veritable gold mine. That's because all kinds of metals end up in sewage sludge, which is the leftovers from treated sewage, Science reports. Researchers in Arizona recently found that a city of a million people could generate up to...

Thieves Grab Gold Nuggets From Wells Fargo

Historic gold may end up melted for resale

(Newser) - Talk about brazen: Masked thieves smashed a stolen SUV into the site of Wells Fargo's original bank in San Francisco early this morning and made off with historic gold ore and nuggets, the San Francisco Chronicle reports. Wearing hoodies and ski masks, they broke into display cases at the...

Swiss Reject 'Eco-Friendly' Rule Limiting Immigration

Supporters said it would help protect landscape

(Newser) - Switzerland has rejected a proposed rule to make major cuts to immigration—a measure that supporters backed as eco-friendly. It called for limiting immigration growth to 0.2% of the population each year in order to protect the country's beauty against overcrowding, AFP reports. That would have meant cutting...

ISIS to Mint Coin Worth About $700

New currency intended to sidestep 'global economic system'

(Newser) - Who needs a "tyrant's financial system" when you can mint your own money? That's apparently the thinking of the self-proclaimed Islamic State, which plans to mint its own currency of seven coins—two gold, three silver, and two copper, reports CNN . The Telegraph adds that the coins...

Fist-Sized Gold Nugget Goes Up for Sale

Unidentified owner selling nugget found in Butte County in July

(Newser) - Is $11 million in rare gold coins too much for your pocketbook? Perhaps dealer Don Kagin can interest you in his newest treasure up for sale: a giant, 6.07-pound gold nugget. Found on public land in California's Butte County mountains this summer, the "Butte Nugget" is believed...

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