Stuff That Interests Me
The Largest Movement of Wealth in History
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:05:02
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Sinopsis
NB To help you visualise: a tonne of gold would be about the size of a beachball, albeit one you couldn’t lift, or a medium-sized suitcase. If it were a cube, it would have sides just under 15 inches/37.5 centimetres."The only thing that really frightened me during the war was the U-boat peril."Winston ChurchillNow that France had fallen, it was time for Operation Sea Lion: Germany's invasion of Britain. It would start with air and naval attacks to soften British defences before an amphibious assault. The Battle of Britain was about to begin.Britain had 501 tonnes of gold stored overseas, more than half of which was in Canada—over 10,000 bars. (Head of the Bank of England, Montagu Norman, had been buying Canadian mine production steadily through the 1930s.) But in the vaults of the Bank of England, it had some 1,100 tonnes of gold stored, along with another 800 tonnes stored for other nations. They could not let Adolf Hitler have it.Safety lay on the other side of the Atlantic Ocean, but German U-boats were