Marcos Legacy Revisited: Raiders of the Lost Gold reads like a collection of short stories with a similar theme more than a book with a coherent singular story. That's because each chapter focuses on a different account concerning the Marcos gold narrative. What this book ultimately reveals is that no one knows the truth about Marcos' gold. There are too many conflicting reports, eyewitness accounts, and documents. The majority of the stories in this book are based on unproven and unprovable speculation.
Even the editor of this book says she does not know if the author, Erick San Juan, is being factual.
How much of Erick's book is based on fact, and how much on conjecture, is difficult to say. What is easy to conclude is that if there is one single person who has looked at the gold from a wide range of angles and has accumulated wheel-barrow loads of documentation, that person is Erick.
p. xi
While looking at a subject from a "wide range of angles" is usually a strength, this approach ultimately only serves to cause a lot of doubt. This is because Erick San Juan is very clear about what is the source of the Marcos gold. It is not the Yamashita treasure as many claim.
...the Marcos gold haul is separate and distinct from the Yamashita treasure. The former dwarfs the latter, in terms of the total amount involved.
A close friend, privileged to have read the contents of Marcos' last will and testament, swears that when he scanned the document about seven years ago, he realized he was actually looking at a few sheets of paper worth US$947 billion!
p. 2
Erick says the Yamashita treasure cannot be the Marcos gold because the Japanese successfully shipped all of that gold back to Tokyo and used it as a loan to the Illuminati in exchange for Western technology.
Moreover, the Japanese war booty was successfully shipped to Tokyo after the first route of Gen. Tomoyuki Yamashita, from Singapore to Mongolia, and the rest kept in the Philippines by officers of the Japanese imperial forces, after having been buried in 172 carefully selected sites within the Philippine archipelago, prior to 1945. It was largely made up of gold bars, assorted jewelry and religious artifacts seized from the ship Awa Maru, General Percival, and the defeated British forces of Malaya and Singapore.
Later, the Japanese government used a big chunk of it as an "investment loan" to the "Illuminati," in exchange for Anglo-Saxon technology which it badly needed to rebuild the ravaged Land of the Rising Sun.
p. 3
Erick does bring up the discovery of the golden Buddha by Rogelio Roxas in 1970 but he dismisses it saying no other evidence of the Yamashitsa treasure still being in the Philippines has ever been found.
Aside from the rare discovery by Roxas, no other evidence indicating that the treasure of Yamashita really existed was ever found. Clearly, the Japanese succeeded in shipping everything that was looted to Japan. It was to be Tokyo's solid investment and contribution to the all-powerful rulers of the world, the Illuminati, which helped transform Japan into a superpower despite its humiliating defeat in the hands of the Allied Forces.
p. 29
Because the author is certain that the Yamashita treasure is not the source of Marcos' gold hoard that makes every single story in this book which does revolve around that narrative false. Maybe. Again, nothing in this book is anywhere near being certain. So, where did Marcos get his gold? Ferdinand Marcos' gold fortune was actually stolen from the Vatican.
In a recent communication to the Inquirer's editor-in-chief, Letty J. Magasanoc, Tagle revealed, among other things, that Marcos had obtained his wealth from Father Jose Antonio Diaz, the Vatican's Filipino-Spanish treasure, whose expertise in handling the Holy See's priceless possessions gained for him the complete trust of Pope Pius XII, a trust he would later betray.
Jsut before the outbreak of World War II, Tagle continued, Father Diaz returned to the Philippines to secretly carry out his Mose prized agenda. He changed his identity to "Colonel Severino Sta. Romana," to better carry out his devious plan to transfer the Vatican gold bullion and treasures to his personal accounts in various banks. He then befriended a young, brilliant lawyer in the person of Ferdinand E. Marcos, who willingly helped him carry out his clandestine activities. In exchange, Diaz taught the young Marcos everything he needed to master in the art of international gold trading. One proof of this special relationship is the fact that Marcos attended the inaugural ceremony of U.S. President Harry S. Truman as the official representative of J.A. Diaz & Company, a listed firm in the New York Stock Exchange.
p. 5
So, where is the proof that Marcos attended the inauguration of Harry Truman? Erick San Juan does not provide any proof for that claim. In fact despite the almost 200 pages of appendixes showing various documents most of the claims in this book are not sourced. One is left to go searching for proof but the only things that come up are quotes from this book! A Google search does show us a picture of Marcos on the website of the Truman Library.
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| https://www.trumanlibrary.gov/photograph-records/2013-3136 |
Philippine President Ferdinand Marcos (standing) delivering a speech during the inaugural ceremony for the Pacific War Memorial. Seated behind him are United States Ambassador to the Philippines G. Mennen Williams (front row, third from the left), Philippine First Lady Imelda Marcos (fourth from left), and Nancy (Mrs. G. Mennen) Williams (fifth from left). All others are unidentified. The memorial is located on the island of Corregidor, Philippines. June 22, 1968
It is not my job to fact check this book but many of the stories told are simply not possible. I am speaking of the amount of gold and amount of money allegedly owned by Marcos.
I have seen documents saying that the gold under the control of the umbrella (there are smaller stocks not reported to or controlled by the umbrella) is in the neighborhood of 1.33 million metric tons (MT). Whether one believes this figure or a lessor figure is not material given the magnitude of the entire scenario. One metric ton of gold is worth about $11 million. The Phippines' annual gold production is estimated at between 40-60 metric tons. The world's "legal" annual gold production, which is regulated by the London gold cartel so as not to upset gold pricesas well as the value of currencies of the world, is estimated at between 1,200 to 1,400 metric tons.
p. 46
That is from a report by PTV4 given to Cory Aquino. The Umbrella is 54 people tasked by Marcos to manage his assets in the event of his death. Who are they? We are never told. This report also says that the Yamashita treasure
...appears to be the basis for the Marcos' hidden wealth.
p. 43
That effectively makes this story a lie from the author's viewpoint. There are also not 1.33 million metric tons of gold in the world. The total amount of gold ever mined in the entire world is 166,500 tonnes. Of course there is no official figure on the total amount of gold ever mined and estimates vary. But it is simply not believable that Marcos had in his possession 1.33 million metric tons of gold in various accounts.
One man, Larry Henares, claims he got a figure of 400,000 tonnes!
Just how much gold are we talking here? No one knows exactly. But Hilarion (Larry) Henares, the national economic adviser of the Macapagal, administration has given us something slightly better than a ballpark figure.
"At thee time I was appointed chairman of the Gold Commission, I inspected three sites in Metro Manila where the gold was stored. The highest authority told me that the total gold amounted to 400,000 metric tons. One metric ton of gold is equal 32.151 troy ounces, is worth at $400 per ounce, $12,860,400. Multiply 400,000 tons of gold, we get $53,144,160,000,000 or more than $5 Trillion." These figures, which appeared in Henares' regular Inquirer column (Make My Day), have probably reached the $15 Trillion mark interests included and compounded.
'This gold can transform this country into a prosperous and powerful nation, with the right kind of leaders," Henares added. "But I do not trust the Cory government, I do not trust her economic advisers, the Council of Trent who will only steal the gold for themselves. I do not trust the Americans who need our gold to save their floundering economy."
p. 91
That figure is not believable in the slightest yet we are to believe he got it from an official government source.
As for the value of Marcos' wealth, it varies. The highest amount given in this book is $50 trillion.
During the Senate Blue Ribbon Committee hearing on October 14, 1997, Tagle claimed that his findings are the result of 10 long years of research which brought him to places like Hong Kong, Switzerland, Singapore, the Bahamas, London, New York and Canada, among other countries.
"It is very difficult to uncover the Marcos assets or estates, because it is tied to many accounts linked to the Sta. Romana Estates,” says Tagle. “Through intricate maneuvers and appointment of many nominees, trustees, and coded accounts, President Marcos, acting as legal counsel and chief trustee of Col. Severino Sta. Romana had succeeded in isolating the nominees or trustees of the gold certificates from the physical assets, so much so, that it is almost impossible to recover them without collecting the various pieces (of the puzzle).” Tagle likewise disclosed that foundations were used to hide the accounts amounting to a whopping “$50 Trillion.”
p. 16
If that is all true then why did Tagle, just two years later, claim the Marcos gold was worth only $10 trillion?
A former Catholic priest here claims to have evidence that the alleged Marcos gold horde is composed of World War II “Yamashita gold and Vatican gold.’ Ex-priest Marcelino Tagle of Bataan, a former director of Caritas Manila and one of the nation’s “Ten Outstanding Young Men’ in 1967, said in a recent interview that the nation “should benefit’ from the Marcos gold, which he estimated at “10 trillion dollars.’
https://falconbase2008.wordpress.com/2015/06/23/the-secret-history-of-marcos-wealth/
None of the figures in this book are believable. They are out of all proportion. And they all contradict one another. The fact is no one knows how much Marcos was ever worth or how much gold he had or the state of all that alleged wealth now. Erick makes it clear that Marcos told lies as a smokescreen to hide his wealth.
But the tales about the huge treasure purportedly given to USAFFE Major Ferdinand E. Marcos during the dark days of the Second World War which became the basis of his fortune (then estimated to be $35 billion) are nothing more than a cleverly concocted diversionary tactic floated by Marcos himself, a smokescreen to confuse the “raiders of the lost gold”, so that none of them would know exactly where the lost bullion is deposited.
There is, however, one thing which Marcos overlooked: The Swiss banks are booby traps used by the Elite to trap the unwary. Four years ago, The SPOTLIGHT ran an article on how the Rothschild Bank in Zurich, owned by Baron Elie de Rothschild of London, had been charged with embezzling money from an estate. The article warned of possible trouble when leaving an estate in Switzerland. I couldn’t agree more. However, those who are foolish enough to choose a bank owned by international rip-off artists can expect to have trouble.
p. 3-4
The entire book can be summed up on page 97:
The mystery of the Marcos gold remains a mystery, incurring heavy losses on those who dare to uncover it.
Who will get the Marcos Gold Haul in the end? Will it be the Philippine government acting on behalf of the Filipino people and the Marcos heirs? Or, will it be the Raiders [Khazarian-Bolshevik-Zionist-Bankster Jews] and their One-World apparatus?
The odds, of course, are very much stacked against us, simply because we have a natural knack for “not getting our act together”. The wily opposition is exploiting this chink in our armor to the hilt, to compound the problem. Can anyone count the number of paid CIA and U.S. State Department hacks operating in and out of our government?
We are facing an extremely powerful group of counter-claimants. Very few people are aware that the Bank Secrecy Act of 1936 was enacted expressly to protect this group’s assets from being taken over by the Nazis. The same law also made it impossible to trace Jewish money in flight from Germany to Switzerland—something the Germans regarded as “an unfriendly gesture on the part of the Swiss against them”. In short, nothing ever happens, neither in international banking nor in geopolitics, without the knowledge of this group of financial oligarchs.
p. 11
That bit in brackets about the Bankster Jews is not in the book. It is in the September 2, 2006 edition of the Phoenix Journal Review on page 5. Parts of the book were printed in that magazine. Basically it's the Philippines vs the Illuminati. Who will win? Apparently Marcos.
The aborted deal of The Corporation International with the late Pres. Ferdinand Marcos (better known as the Trilateral Commission) involved an agreement in which the president was promised power for life and a guarantee of an Investment Loan to be coursed through a Mini-Marshal plan to save the failing Philippine economy. All this in exchange for his gold bullion.
p. 147
Unbelievably the Illuminati, under the branch of the Trilateral Commission, wrote a nice letter to Marcos asking for his entire stash of gold. In exchange they would give him an investment loan and he would be in power for life.
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| https://www.bibliotecapleyades.net/sociopolitica/secretgoldtreaty/trilat_appendix6.4.htm |
This official Trilateral Commission stationery not only has the all seeing eye and pyramid at the top of the page but there are also three addresses on the side margin
Fifth Avenue at 55th Street, New York, NY 10022 212 753 4500
Lancaster Gate - Hyde Park - London W23NZ Telephone: 61-2525090 Telex:291655 Prestel 3441100
Weinbergstrasse 45, CH 8006 Zurich (the book has 8008 but that is clearly wrong)
The first address is for the St. Regis Hotel. The other address turn up private residences. Are we really supposed to believe that the Illuminati, the group that controls the world, wrote a polite letter to Marcos rather than stealing his gold outright when it is they who own the Swiss banks in which that gold is deposited? It does not make sense and this story contradicts much of what Erick has to say about the banks being designed to steal people's money.
To conclude here, everyone has their own version of the Marcos gold.
Frank Pasion, an outstanding labor leader and the author of a thesis entitled The Incomparable Achievements of President Ferdinand E. Marcos, offers simple computation which will prove that Marcos had done many good things for the country: "Just add the loans Marcos inherited in 1965 ($13.5 Billion) to those incurred by the private sector ($7 Billion), together with the amount of reserves left by Marcos ($2.5 Billion), and you gel $23 Billion. Since the outstanding loan obligations of the country at the time of Marcos' departure from the political scene totaled only $24 Billion, it follows that the dreaded Marcos regime—in its twenty years of absolute rule—incurred only a measly loan of $1 Billion, not $24 Billion as attested by his detractors."
Pasion also reminds the political opponents of Marcos that it was during the later's incumbency that the price of imported crude oil rose from $2 to $24 per barrel. Yet in the same period, the Philippine economy managed to weather the scams despite the worldwide recession, compounded by the growing Muslim insurgency in the south. The situation became unmanageable only when Senator Benign° Aquino Jr. was shot to death by an unlmown gunman.
Marcos knew that the only key to Philippine progress would be the establishment of an industrial base, or a "machine-tool" industry. But his effort to implement a heavy industrial program "was opposed at every tum by his technocrats, by spokesmen of the Opus Dei, and the Makati business community, all of whom echoed the position of the IMF-World Bank opposing the eleven major industrial projects," Lichauco claims.
When Cory Aquino took over whew Marcos left off, the situation became worm. "Prices of prime or essential commodities soared from 50 percent to 200 percent as compared to January 1986," wrote Pasion. "Laborers, on the other hand, were given a miserable PIO additional daily, despite the fact that the average laborer had to pay for daily expenses which increased 100 percent. And this figure excluded rental payments."
How then did Marcos accomplish so much with so little? We can only conclude that he used part of his gold haul to support the govemment's garganman projects.
p. 120
Erick San Juan believes that Marcos used the stolen Vatican gold to build all of his projects in the Philippines. But if that were true then the paper trail left behind should shed some light on that. "The Incomparable Achievements of President Ferdinand E. Marcos" is not available online. A search for it turns up nothing but references to this book. Because this is a persistent claim Rappler has a whole article devoted to proving the math of Frank Pasion is wrong.
But aside from erroneous economic analysis, many red flags are also in the references included.
First, it appears that many of the arguments in the post are derived (almost word-for-word) from the book Marcos Legacy Revisited: Raiders of the Lost Gold (title only, questionable) written by Marcos supporter Erick San Juan in 1998.
The book cited the thesis “The Incomparable Achievements of President Ferdinand E. Marcos,” which was used to say that Marcos owed only $ 1 billion. But that thesis had no hits on Google, other than an apparent conspiracy theory periodical published in 2001 in Las Vegas.
This book and its fanciful claims have bounced all around the internet being used by revisionists to paint a picture of Marcos as an awesome dude who gave his all for the betterment of the country but who has subsequently been unjustly demonized by his detractors. Unsurprisingly Get Real Philippines has been bamboozled by the claims made in this book.
It is indeed this preconceived opinion or prejudice perpetuated by the yellows that Marcos has pilfered the people’s money that is more effective for their purposes than it is to reveal that Marcos’ wealth was rooted in gold transaction schemes (gold that was not the government’s to begin with).
Granted that article does not cite this book but the same claims are made about the gold and Tagle's testimony is taken as gospel truth.
If Marcos would have wanted to benefit the Philippines with his gold he would have done so. But history shows that he did not. This book certainly does not show he did so. Everything here is conjecture which would not stand in a court of law. It does not even stand in light of reading. Everything in this book concerning Marcos' gold is transparently false.
