Biggest? Not after last year.
There is another option this author did not mention. I have read that this gold was transported to Argentina and given to Juan Peron in return for providing samctuary for various and sundry Nazi war criminals. He used it to purchase the British-owned railroads, his jumping-off spot for massive government involvement in the private sector economy.
There may be a lesson buried in this story. What may be hidden is the fact that Germany was broke and did not have much gold left by the end of the war. Germany racked up huge obligations and then cranked up the printing presses to cover the debt. If they had had gold they would have used it to continue the war effort. We know the end of that story, hyperinflation. So rather than admit it was looted by German officials (also known as government spending) just tell everyone it was stolen, the bankers did it, the soldiers did it, our enemies took it...sound familiar?
To this list of theories should be added one more: that the gold was recovered by the US Army but then stolen by various officers, many of them high-ranking.
The Federal Reserve Act was the biggest bank heist in history. :)
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