On Tue, Feb 23, 2016 at 7:05 AM, Phil Pugliese (via tml list) <xxxxxx@simplelists.com> wrote:

Deals (for % 'cuts') had to be made w/ a number of govs, incl the USSR, before the project could get started but, in the end, the wreck was found & the gold was recovered.

That sort of thing is probably why - as I understand it - lots of countries maintain stockpiles of bullion at Fort Knox, Kentucky. When countries trade gold with each other nowadays, it's a matter of sending through the appropriate paperwork, then soldiers get sent into the vault to move the actual bullion.

Richard Aiken

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