The time Canada secretly hid Europe's gold

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It was impossible to guard that much gold, so we just told everybody it was fish

What if I told you there was a time when much of the world’s wealth was secretly stashed in a Canadian basement and guarded by nothing more than these guys: 24 members of the RCMP’s ceremonial drill team.

The year is 1940 and most of this part of the world is facing imminent conquest by Nazi Germany. The Nazis love gold, and France and the U.K .have about 83 million ounces of it. At today’s gold prices, that’s about 146 billion US dollars.Take all the French and British gold and pile it on to overloaded ships.Fill up the Bank of Canada vault, and then put whatever’s left in the basement of this building in Montreal.

It’s basically impossible to guard or insure this much money, so just don’t tell anyone about it. And, if anybody asks what’s in the crates, you tell them it’s fish. And it worked. Not one gold bar was lost in transit, Canada very kindly held on to it until the war was over, and these guys got to spend World War II looking fabulous while standing guard outside a vault.

So let it be known, it you ever need someone to hold on to something until things cool off, Canada is your man.

 

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