cover image Chasing Gold: The Incredible Story of How the Nazis Stole Europe’s Bullion

Chasing Gold: The Incredible Story of How the Nazis Stole Europe’s Bullion

George M. Taber. Pegasus, $29.95 (528p) ISBN 978-1-60598-655-5

Former Time magazine staffer Taber (Judgment of Paris) reveals one of WWII’s darkest secrets in this compulsively readable, real-life thriller of how the Nazis funded their war machine. Taber’s meticulous research dates back to a 1966 Time assignment to locate where Belgium’s $204.9 million worth of bank gold ended up during WWII. After opening with a listing of key international players, Taber recounts the surprising 1945 discovery by General Patton’s men of “Room #8,” an underground vault in central Germany crammed with about $9 billion in looted gold and artwork. To achieve self-sufficiency—autarkie—and accomplish Hitler’s objectives of domination required more financing than the Reichsbank could bankroll: after seizing $136 million in bullion from Austria and Czechoslovakia, the Germans had the funds to invade Poland and beyond. Each chapter focuses on a different European country; what emerges is how supposedly “neutral” parties such as Switzerland and Sweden laundered stolen gold. Taber tracks down the pilfered Belgian bullion that originally piqued his interest, yet the trail eventually grows cold, and he acknowledges that some gold remains missing. Those with an interest in war crimes will relish Taber’s masterful reportage and the unearthing of these wartime treasures. Maps and photos. [em](Dec.) [/em]