Nazi gold (German: Raubgold, "stolen gold") is the gold transferred by Nazi Germany to overseas banks during the Second World War. The regime executed a policy of looting the assets of its victims to finance the war, collecting the looted assets in central depositories. The occasional transfer of gold in return for currency took place in collusion with many individual collaborative institutions. The precise identities of those institutions, as well as the exact extent of the transactions, remain unclear.
The present whereabouts of Nazi gold that disappeared into European banking institutions in 1945 has been the subject of several books, conspiracy theories, and a civil suit brought in January 2000 against the Vatican Bank, the Franciscan Order, and other defendants.
Read more about Nazi Gold: Acquisition, Disposal, Vatican, Portugal
Famous quotes containing the words nazi and/or gold:
“Time grows dim. Time that was so long
grows short, time, all goggle-eyed,
wiggling her skirts, singing her torch song,
giving the boys a buzz and a ride,
that Nazi Mama with her beer and sauerkraut.
Time, old gal of mine, will soon dim out.”
—Anne Sexton (1928–1974)
“Holland is a dream, Monsieur, a dream of gold and smoke—smokier by day, more gilded by night. And night and day that dream is peopled with Lohengrins like these, dreamily riding their black bicycles with high handle-bars, funereal swans constantly drifting throughout the whole country, around the seas, along the canals.”
—Albert Camus (1913–1960)