She turned on the computer and searched Raubgold. The articles that came up made for interesting reading. One article was on how much gold was transferred to Switzerland during the war. The gold was taken from the national banks in the countries the Nazis occupied. They also took gold from private citizens in conquered countries and concentration camp victims. Part of it was used to finance Nazi Germany’s military in World War II. Switzerland was the middleman. They took Nazi gold and paid other nations for their raw materials in Swiss francs. But the details of private transactions were difficult to identify. The reality today, according to the article, was that no one knew the extent of the transactions.
Gold came in many forms: bars, coins, and jewelry. It was accepted worldwide as a way to manage interbank transfers.
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