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September 11 Commission Report - Gnostic Liberation Front

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The following Table 3 demonstrates the range of value for 1,000 or 2,000 tonnes of gold.<br />

Based on market conditions, estimated illegal gold from the Philippines (at least 1,000<br />

tonnes) and Russia (3,000 tonnes) might be worth up to $40 to $50 billion if<br />

unlaundered. If it was laundered and converted into the foundation for derivatives, at a<br />

ratio between 100:1 and 400:1, the managed value falls somewhere potentially between<br />

$4 trillion and $20 trillion.<br />

THE SEPTEMBER <strong>11</strong> COMMISSION REPORT Page 162

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