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Nazi Gold: The Sensational Story of the World's Greatest Robbery – and the Greatest Criminal Cover-Up Kindle Edition
In 1945, as Allied bombers continued their final pounding of Berlin, the panicking Nazis began moving the assets of the Reichsbank south for safekeeping. Vast trainloads of gold and currency were evacuated from the doomed capital of Hitler's 'Thousand-year Reich'.
Nazi Gold is the real-life story of the theft of that fabulous treasure - worth some 2,500,000,000 at the time of the original investigation. It is also the story of a mystery and attempted whitewash in an American scandal that pre-dated Watergate by nearly 30 years. Investigators were impeded at every step as they struggled to uncover the truth and were left fearing for their lives.
The authors' quest led them to a murky, dangerous post-war world of racketeering, corruption and gang warfare. Their brilliant reporting, matching eyewitness testimony with declassified Top Secret documents from the US Archives, lays bare this monumental crime in a narrative which throngs with SS desperadoes, a red-headed queen of crime and American military governors living like Kings. Also revealed is the authors' discovery of some of the missing treasure in the Bank of England.
- LanguageEnglish
- PublisherMainstream Digital
- Publication dateJanuary 27, 2012
- File size1373 KB
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Product details
- ASIN : B006WA8VH6
- Publisher : Mainstream Digital; Illustrated edition (January 27, 2012)
- Publication date : January 27, 2012
- Language : English
- File size : 1373 KB
- Text-to-Speech : Enabled
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Not Enabled
- Word Wise : Enabled
- Sticky notes : On Kindle Scribe
- Print length : 388 pages
- Best Sellers Rank: #795,924 in Kindle Store (See Top 100 in Kindle Store)
- #565 in Biographies of World War II
- #2,222 in Military & Spies Biographies
- #3,250 in World War II History (Kindle Store)
- Customer Reviews:
About the authors

Ian K. T. Sayer is an entrepreneur, World War II historian, author and investigative journalist. His Sayer Transport Group (established in 1967 and sold in 1979) became part of the British and European overnight door to door express parcels delivery industry.
He is a World War II historian and studies Third Reich documentation. He is co-author of Nazi Gold, The Story of the World’s Greatest Robbery and claims to remain the only private individual to have been responsible for the location and restitution of looted Nazi gold That claim remains unchallenged. He has also tracked down a number of Nazi war criminals including SS General Wilhelm Mohnke whose wartime activities were subsequently investigated by the British, Canadian, American and German governments.
He currently acts as curator to the ‘Ian Sayer Archive’, a collection of contemporary World War II documentation which assists in providing new information to institutions, other historians, authors and researchers of the period.
During the 1950s Sayer had developed a considerable interest in World War II. He had been brought up in an era where there had been a proliferation of films and books concerning the recent conflict. In addition his awareness of military history had been heightened by the fact that his great grandmother had been awarded a special scroll and £3 (a considerable amount of money in those days) by Queen Victoria to expressly commemorate the fact that his grandmother’s six brothers were, in 1900, simultaneously serving under the colours in places as far afield as India and South Africa.
In 1974 Sayer had become fascinated by an entry in Guinness World Records (formerly known as The Guinness Book of Records) under the heading ‘World’s Greatest Robbery’. In 1945 the Nazi regime sent its remaining gold and currency reserves to Bavaria where it was hidden in the mountains. With the war over, the US military and the US occupation authorities began to try and recover this buried loot. However, a considerable amount of the treasure had, in the meantime, simply disappeared, spirited away by a loose consortium of former Nazi and SS officers with the assistance of serving US military personnel. Despite a series of high level investigations by US military and civilian agencies much of it was never recovered. Following a U.S. ‘Watergate’ style cover up in the late 1940s and a subsequent investigation by the German police the case was never solved.
Sayer became so intrigued with the story that, 30 years later, he decided to launch his own private investigation. From 1975 to 1983 he travelled to many countries, conducted hundreds of interviews and also received a series of threats from individuals who had been implicated in the disappearance of the treasure but wished to retain their privacy. One of these threats manifested itself in Sayer being implicated in the 1980 disappearance of Jeanette May the former wife of Evelyn Robert de Rothschild in Italy. The bodies of Jeanette May and her friend Gabriella Guerin were subsequently located in 1982 but although Sayer was able to establish that he had no involvement whatsoever in the case he was interviewed by the Italian police and Scotland Yard on several occasions.
Despite having alerted the United States Department of State (responsible for the missing bullion) to his findings in 1978 it was to be another five years before they launched an official investigation. It lasted from 1983 to 1996 and culminated in the recovery of 25 kilos of stolen gold bullion still bearing full Nazi assay marks.[8] The results of his investigation were published in the 1984 international best seller Nazi Gold – the Story of the World’s Greatest Robbery (co-author Douglas Botting with the London Sunday Times).
In December 1997 he was the sole unofficial British observer at the London Conference on Nazi gold, an international symposium convened in London by the Foreign & Commonwealth Office and attended by delegates from 42 countries.
As the leading authority on Nazi Gold for over four decades, Sayer has been featured on most major domestic and satellite TV channels in the UK, Europe and the USA. Most recently he has appeared on Channel 5’s ‘Conspiracy Series’ and the German channel ZDF.
Over the years he has been featured in all major international and UK newspapers including the New York Times; Financial Times, The Times and Daily Mail to name a few.

Discover more of the author’s books, see similar authors, read author blogs and more
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A few Saturday's ago, I decided to watch Kelly's Heroes for the umpteenth time. The movie is about a group of GIs near the end of World War 2 that learn about a hoard of Nazi gold being held a few towns away. They are currently on leave and have decided to steal it. The group grows and is ultimately successful only after bribing some Nazis guarding the gold. It's an entertaining movie with an elemental truth.
Watching Kelly's Heroes led me to track down and read Nazi Gold by Ian Sayer & Douglas Botting. The book is a well-documented, perhaps too well-documented, account of how over $2.5 billion in gold, currency, and jewels was stolen at the war's end.
It is a fact that the Nazis looted billions from individuals, companies, and countries during World War 2. Then, as they started to lose the war, upper-level Nazis started to hide their booty like pirates burying treasure to buy their freedom from prosecution for war crimes and to support a lavish lifestyle after the war. Some funds were allegedly supposed to fund the rise of the Fourth Reich.
At the war's end, the Allies began the most complex occupation of a defeated country ever attempted. One of the objectives of the occupation was to locate, secure, and inventory all that the Nazis stole so that it could be returned to its rightful owners. The book tells a story of how corrupt military and non-military elements of the occupying force illegally absconded with treasure worth millions. These crimes were still being investigated and unresolved into the late 1990s.
Lessons from the book:
Some of the good guys are often as bad as or worse than the back guys.
The Allies were unprepared to occupy and govern Germany after the war. NATO needs to be planning for the occupation of Russia now so that after the Ukrainians win their war with Russia, we can do a better job than we did with the Nazis.
Sayer and Botting wrote a detailed book because they hoped it would prompt the governments involved to do the right thing. The document the numerous botched investigations, some of which were called off by those in authority. This may be the largest robbery of record and may also be the biggest cover-up in history. It is suggested that many governments, including the Swiss, were complicit in this affair. While the amount of detail may scare off the average reader, I understand the need to document what was an extremely serious crime.
I was looking for a parallel to Yamashitos Gold. This was not it.
Top reviews from other countries
Ian Sayer has spent a lot of time trying to document where all of this gold went and ended up. The disappointing story is that most of it was recovered, but there's plenty that wasn't. The book is often forensic in its detail, and can be a bit plodding for that, but there are some eye-opening highlights - gun battles as SS soldiers conduct bank raids, faceless bureucrats hiding in Austrian and Swiss Alpine villages, the endless threat of betrayal, and the uneasy attempt of the Allies to impose some kind of authority on Germany after the war.
The book is a mine of information and sheds light on a murky corner of history.
There is undoubtedly a fantastic story here & it would make a great film, but unfortunately the book was a bit of a disappointment.
It is just too detailed. The authors have clearly done vast amounts of research, but personally I would prefer to have the conclusions of that research concisely presented in the book, rather than having to read all the minutiae (much of which is of only limited relevance to the core theme: the fate of the loot).
Despite being fascinated by the subject matter, at times I found it quite an effort to keep pressing on.
It couldn't happen now, really?





