Posted on 08/07/2023 7:54:22 AM PDT by Red Badger
DENTS RUN, Pa.—Dennis Parada points to a weedy spot where he believes the Federal Bureau of Investigation dug up nine tons of Civil War-era gold, worth more than $500 million, and made off with it in the middle of the night.
The patch of ground halfway up a mountain in western Pennsylvania lies at the heart of the treasure hunter’s quest to recover the trove and prove it was snatched from under his nose. The matter is now playing out in federal court.
At 70, he has been chasing the Dents Run gold for more than 40 years. “It’s definitely a major coverup,” says Parada, who has the mustache of a 19th-century gambler and smokes his cigarettes down to a stub.
Tales of lost Civil War-era gold have stirred imaginations for generations though few fortunes have been made. One exception was a pile of more than 700 gold coins minted in the mid-1800s that a farmer unearthed in a Kentucky cornfield earlier this year.
In April 1865, Confederate President Jefferson Davis fled Richmond, Va., with gold that would be worth millions today. Union troops later seized a large portion in Georgia, but that was then stolen at gunpoint. Other stories of lost Confederate gold abound in the South.
People across the U.S. have hunted for lost rebel treasure in Virginia, Georgia, Arkansas, Missouri—and the bottom of Lake Michigan. The searches have inspired novels and films, including “The Good, The Bad and the Ugly,” starring Clint Eastwood.
Far less attention has been paid to tales of Union gold. But one caught Parada’s attention in 1974 when he was working in a furniture store in Philipsburg, Pa., and metal detecting on weekends.
(Excerpt) Read more at wsj.com ...
Socks bet sucked into a Black Hole that is attached to every dryer ever sold.
That’s what that long metal tube is for.................
:^) That *would* be a great name for a Biden-era agency.
> I would think that something needs to be admitted/announced in order to give reason as to why you suddenly have this gold/money. <
You raise an interesting point, ferret. Let’s say I find a hoard of Union gold. And I put some of it up for sale at an auction house. The FBI is alerted.
FBI agent: Where did you get that all that gold?
Me: It was passed down through the family. That’s all I know.
What would the FBI’s next move be? What could they do?
Side note: I don’t think FDR’s gold confiscation act applies. Because if it did, no one in the United States could own old gold coins today. And many people do, coin collectors especially.
Betcha most of it ended up in someone’s pockets.
No way all those guys honestly turned in every coin.
No, the treasure hunters know that. They’re just trying to get the finder’s fee for helping with the recovery of gov. property (some percentage).
LOL, you already know the answer to your question.
My wife's wedding ring has two emerald in it. Lost one. Popped out never found it. The insurance paid to replace with no deductible.
Of course they didn’t.
Just like illegal drug hauls, the amount taken is never the true amount taken..............
Reminds me of the old prospector (in westerns) that hobbles into town with his mule and brags to everyone of his rich gold strike. And later has the mine stolen or he got dead.
yeah it was a pretty bizarre3 story- was kinda fascinating htough if it was true that the gold was in there-
Is that a ‘southern’ version of Oak Island?...................
I've done a bit of exploring...man...if we hit something....we dug and dug until we found it.
Kinda seems like it. I’d like to see his 1099’s.
Don’t dig up the whole thing. Work it out in small amounts. Or stash it elsewhere and work out a long term plan. But don’t tell the flippin’ FBI.
I stopped watching that show after the first year. They dig and dig and dig and never find anything........................
If Xiden is re-elected or his replacement is, expect that the government will make owning gold again illegal and force us to turn in everything except $100 worth of jewelry for fiat folding money.
In general, I’d be more concerned about the IRS. The only way the FBI would come into it is if they claimed it was Government gold. An army payroll, or some such.
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