$11.5 Million in Gold Bullion Bars Stolen from Southern Caribbean Boat, Reports Gold Price

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Investors aren’t the only ones snatching up gold this year. A boat off the southern Caribbean island of Curacao has been boarded and robbed of 70 gold bullion bars worth an estimated $11.5 million, reports Gold Price.

Gold Price

Gold Price

Even investors that swore they would never buy gold are buying bars and coins now. It shouldn’t be a surprise that gold robberies are on the increase.

As gold prices approaches their 12th year of consecutive increases, investors aren’t the only ones snatching up gold in 2012. According to USA Today a boat off the southern Caribbean island of Curacao has been boarded and robbed of 70 gold bullion bars worth an estimated $11.5 million. Police reported that at least 6 men disguised as police boarded the Summer Bliss, assaulted its captain then made off with 216 kilograms (476 pounds) of pure gold bars. Speculation has arisen about the gold being smuggled from Guyana in order to avoid taxes in the region. Gold financial website, Gold Price has reported that the robbery is a clear sign that gold demand is skyrocketing, and it’s not just from investors anymore.

Arthur McGuire, Vice President of Gold Price says “Gold has become a very powerful commodity since it started its winning streak in 2001. Even investors that swore they would never buy gold are buying bars and coins now. It shouldn’t be a surprise that gold robberies are on the increase. As the precious metal becomes more rare and expensive, it’s very important that investors, banks and transports take extra precautions to protect their gold. Secure home safes, safety deposit boxes and designated gold storage facilities are the best ways to protect your gold.”

Gold Price (GP) is a leading precious metals website since 1992. They offer investors a free award-winning gold starter’s kit by visiting http://www.GoldPrice.net or calling 1-800-767-1423.

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Arthur McGuire
Gold Price
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