2. The believers

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It’s gold fever. Estimates put the Bre-X discovery at four times the size of the biggest known gold deposit — and investors are trying to cash in. A small Canadian town is swept up in the gold rush. But others are asking questions, including a hedge fund manager who goes to extraordinary lengths to get inside the Indonesia gold site. Since this episode was recorded, John McBeth has sadly passed away. We are very grateful for his contribution to this story. The Six Billion Dollar Gold Scam was first published in May 2024.