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The distinct possibility that precious metals may have been stolen from the Royal Canadian Mint is "inexcusable," the federal minister responsible for the Crown corporation said Monday.
The findings of a long-awaited external audit, released earlier in the day, concluded that $15.3 mill in missing gold is not the result of accounting or bookkeeping errors, raising even more questions about the whereabouts of the metals from what has been touted as one of the most secure facilities in Canada
About 17,500 troy ounces of gold, which represents 0.32 per cent of the mint's stock, were unaccounted for, the report said. "A higher amount of gold should be on hand than the physical amount of gold counted," it said. (Gold is measured in troy ounces, which is heavier than the much more common avoirdupois ounce used for measuring weights in food.)
The $15.3-million figure is based on gold prices on Dec. 31, 2008, the mint's fiscal year-end date. At Monday's prices, the precious metals would be worth about $16.3 million.
Originally posted by Viking04
reply to post by Keyhole
Over half a ton of gold is mind-boggling. Surely some of those in charge will wind up with the fuzzy end of the lolly pop over this. As many here see conspiracy and clues in pop culture, perhaps Johnny Cash planned this heist years ago, or warned us about it. His song 'One Piece at a Time' tells you how to do it. That the song is about stealing a Cadillac is a further hint, since gold is the Cadillac of metals.
Originally posted by Jakes51
Let me put my tin hat on for a moment, maybe it is illicit elements in the Canadian government that ran off with the gold? If that is the case, that would be truly frightening because who knows what they are using the gold for.