A senior CIA official's recent arrest has cast a glaring spotlight on the power of hard assets, mirroring Wall Street's increasingly bullish outlook on the precious yellow metal.
The Spy Stash
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Federal authorities recently arrested David Rush, a former senior executive-level C.I.A. employee, after a stunning raid on his Virginia residence, reported The New York Times.
F.B.I. agents discovered “approximately 303 gold bars, each of which weighed approximately one kilogram,” valued at over $40 million. Alongside the massive gold hoard, investigators seized $2 million in cash and nearly three dozen luxury watches, many of them Rolexes.
