gold

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Artist Hides $16K in Gold Bars on Beach

And it's finders, keepers in Folkestone, England

(Newser) - It's the kind of art project that even people who hate art projects can love: A German artist has hidden about $16,000 worth of gold bars on a beach in Folkestone, England, reports the Guardian . Lucky treasure hunters can keep any they find. Artist Michael Sailstorfer calls the...

Future Cancer Treatment: Pieces of Gold?

Tiny spheres work alongside radiotherapy

(Newser) - Experts have discovered a possible new cancer treatment, and it's dependent on little balls of gold. Very little: The nanospheres are 4 million times smaller than a hair's width. After spreading a chemotherapy drug on the spheres, which have gold at their core, researchers placed them in extracted...

Cops: Laborers Steal $1.2M in Hidden Gold

They found it buried at construction site in France, police say

(Newser) - A secret stash of gold coins and bars is the stuff of fantasies. And when three construction workers found $1.2 million worth on the job in Normandy, police say stealing it from the landowner proved too tempting to resist. Several days into their work leveling land, the laborers found...

Rock Theft 101: University Missing $30K Gold Nugget

University of Arizona says people really liked having their pictures taken with it

(Newser) - Looks like the University of Arizona has lost itself one pricey rock: The school reports that a 3-inch, half-pound hunk of gold worth $30,000 has been stolen from its Mineral Museum. The rock went missing Friday from an office where it was stored. As the LA Times reports, current...

1857 Shipwreck Gives Up More Gold

5 bars of gold recovered from the SS Central America in April

(Newser) - The SS Central America's watery grave 160 miles off the South Carolina coast is indeed a golden one . Odyssey Marine Exploration last month explored the wreck of the ship, which went down in 1857 laden with so much gold that its sinking triggered a national financial panic, and the...

Gold Hunters: Fabled Shipwreck Still Holds Riches

SS Central America contains $86M in gold, Odyssey Marine Exploration believes

(Newser) - The SS Central America once held so much gold that the ship's sinking triggered a national financial panic in 1857, but is there any gold left among its watery ruins? Deep-sea exploration firm Odyssey Marine Exploration is betting there is, even though a treasure hunter brought $52 million in...

Doctors Find Pound of Gold in Patient's Stomach

Smuggler in India swallowed 12 small bars, then didn't feel well

(Newser) - The patient exhibited symptoms of "acute intestinal obstruction." And it turns out they were caused by something he ate. Pretty routine stuff, until doctors in India discovered that what he had eaten was a pound of gold, reports the BBC . The 63-year-old businessman is believed to have swallowed...

Scientist: Gold Crystal &#39;Too Big to Be Real&#39; Is Real
Scientist: Gold Crystal
'Too Big to Be Real' Is Real
in case you missed it

Scientist: Gold Crystal 'Too Big to Be Real' Is Real

217.78-gram piece verified at Los Alamos lab

(Newser) - It's a single gold crystal that "seemed almost too perfect and too big to be real," per a press release about it. Roughly the size of a golf ball, it was found in a Venezuela river decades ago, reports KRQE , and worth an estimated $1.5 million—...

Krugman: Bitcoin Is Barbaric
 Krugman: 
 Bitcoin Is 
 Barbaric 


OPINION

Krugman: Bitcoin Is Barbaric

We're 'digging our way back to the 17th century'

(Newser) - Economist John Maynard Keynes called gold the "barbarous relic"—and it has a lot in common with Bitcoin, writes Paul Krugman in the New York Times . Right now, both are being collected at high cost. In Papua New Guinea, the Porgera open-pit gold mine is a leading producer...

$1M in Gold Bars Found in Airplane Toilets

Cleaning crew in India foils smugglers' plot

(Newser) - Jet Airways workers in India made a million-dollar discovery in the most of unusual of places—two dozen gold bars stuffed into a plane's toilets, reports AFP . Smugglers apparently hid the bars in two boxes and jammed them in there, but the cleaning crew in Kolkata got to them...

Scientists Find Gold in Eucalyptus Trees

Discovery could be used by miners searching for the metal

(Newser) - Money may not grow on trees, but gold might grow in them. Such is the fascinating conclusion of a group of Australian researchers who studied eucalyptus trees in two groves in the country's west and south. The specific locations were chosen because the scientists knew there was gold in...

After Dream, Archaeologists Hunt for Gold in India

Guru believes there's more than 1K tons under palace

(Newser) - That archaeologists are exploring what was buried in the ground where a palace once stood in northern India is fairly mundane news—except that they're on the hunt for more than 1,100 tons of gold ... that a guru dreamed is located there. The dig began yesterday at the...

Found in Plane Toilet: 32 Gold Nuggets

Indian authorities bust up smuggling ring

(Newser) - Note to self: Always brave the airplane bathroom. Just in case. Because Indian intelligence busted an international gold smuggling outfit at Chennai airport on Sunday, and in the process discovered 32 gold nuggets, weighing roughly a kilogram each. The kicker? They were hidden in a plane toilet, the Times of ...

Musical Score May Reveal Where Nazi Treasure Lies
Musical Score May Reveal Where Nazi Treasure Lies
in case you missed it

Musical Score May Reveal Where Nazi Treasure Lies

Two Dutchmen think it's in Mittenwald, southern Germany

(Newser) - It's quite the fanciful story: Nazis buried diamonds and 100 gold bars in a Bavarian town during World War II, in a spot whose location was encoded into an annotated piece of sheet music by Adolf Hitler's private secretary. That score, to Gottfried Federlein's "March Impromptu,...

Archaeologists Uncover Jerusalem Treasure Trove

Says one archaeologist: I have never found so much gold in my life!'

(Newser) - A dig near Jerusalem's Temple Mount has paid off big time for a team of archaeologists from Hebrew University: They announced yesterday that they've uncovered a 1,400-year-old Byzantine-era treasure trove. Chief among the various gold and silver items recovered is a 4-inch solid gold medallion depicting a...

Florida Family's $300K Find: Underwater Gold

300-year-old chains, coins among haul

(Newser) - A 65-year-old Florida man has spent his life searching for treasure off the coast—and Rick Schmitt and his family have just made their biggest-ever discovery. Some 150 yards off the coast of Fort Pierce, and about 15 feet underwater, the Schmitt family found 64 feet of gold chain, five...

Apple to Offer Gold-Colored iPhone, Too
Apple to Offer Gold-Colored iPhone, Too
rumor mill

Apple to Offer Gold-Colored iPhone, Too

Multiple sites report new color option for upcoming rollout

(Newser) - The latest rumor about the new iPhone looks pretty solid to tech writers—they think Apple will indeed add a third color option of gold in September. The speculation began at iMore , and TechCrunch and AllThingsD have since confirmed. The latter's sources say the tone is "elegant,"...

Dubai Offers Flabby Citizens Gold to Lose Weight

Skeptics think the stunt won't have much of an effect

(Newser) - Dubai is, generally speaking, a fat nation. It also happens to be a very rich nation, and those two factors have combined to create an unusual weight-loss offer from the government: It will give people gold based on how many pounds they drop, reports Emirates 24/7 . The month-long initiative got...

Gold's Origins Discovered ... in Space

Star collision produces untold quantities of the shiny stuff

(Newser) - If you've got, say, a gold wedding ring, you are currently wearing a memento from the collision of two neutron stars. Or at least, that's what scientists hypothesize after witnessing one such collision in space, seemingly answering a longstanding scientific quandary, the LA Times reports. Neutron stars are...

Deutsche Bank Opens 200-Ton Gold Vault

Will bring more gold into Singapore, after country scraps tax on metals

(Newser) - Big gold-dealing Deutsche Bank has opened a 200-ton gold vault in Singapore, a move that reflects the city-state's rising status as a tax haven to rival the likes of Switzerland, Quartz reports. "Gold has traditionally been stored in London, Zurich and New York, but there is a serious...

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