In 1945, American intelligence officers in Manila discovered that the Japanese had hidden significant amounts of gold bullion and other treasure in the Philippines. President Truman decided to retrieve the gold covertly and to create a fund, along with Nazi loot from Europe, with the claim to fight communism globally.
This fund, known as “Black Gold,” provided Washington with extensive untraceable resources for clandestine operations.
The massive amounts of gold bullion was transferred secretly to 176 accounts in 42 countries between 1945 and 1947, supporting America’s allies, influencing foreign leaders, and interfering in elections.
Key figures such as General MacArthur, President Truman, and John Foster Dulles were aware of this hidden wealth, and subsequent U.S. presidents participated in concealing these funds.
This book recounts the extensive covert collaboration between the U.S. and Japan, involving the CIA, underworld networks, and private actors utilizing these funds for manipulative foreign interventions, free from congressional oversight.
Through thorough research and interviews, the authors reveal a century of secretive and often corrupt operations enabled by the veil of national security, exposing a major state secret of the 20th century.
This being a first paperback printing Signed by both authors is now for sale
