XPost: rec.food.cooking, can.general
From: zed@is.dead
On Wed, 11 Feb 2026 13:26:23 -0700
Mars Sellus wrote:
> On Mon, 9 Feb 2026 13:54:53 -0800
> Alan wrote:
>
> > There has never been a law against gold ownership in Canada
>
> How many nazi-taken gold fillings are on your spot market?
>
AI Overview
Canada's central bank and the Federal Reserve Bank of New York were involved
in post-war transactions that included gold potentially commingled with assets
looted by the Nazis, including "victim gold" from concentration camps. The
Bank of Canada later
participated in efforts to identify and restitute these assets.
Canada's Involvement in "Nazi Gold" Transactions
Wartime Gold Storage: During World War II, under "Operation Fish," significant
amounts of British and other European nations' gold reserves were securely
moved to Canada for safekeeping from the Nazis. This gold was legitimate
monetary reserves, not
looted property.
Post-War Commingling: After the war, a large cache of gold discovered by the
Allies was managed by the Tripartite Gold Commission (TGC) for restitution to
the central banks of occupied countries. This recovered gold included both
monetary gold and a
certain amount of "non-monetary gold" (personal effects, jewelry, and dental
gold) that the Nazis had systematically plundered from individuals, including
Holocaust victims, and melted into standard bars to disguise its origins.
Bank of Canada's Role: Documents declassified in the 1990s revealed that the
Bank of Canada and the Federal Reserve Bank of New York facilitated the
transfer of some of this commingled gold from Switzerland to Portugal in
"paper transfers" during the war,
potentially aiding the Nazi war effort by allowing neutral countries to trade
with Germany. After the war, the Bank of Canada held some of the commingled
gold for the TGC.
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
|
