CONSPIRACY THEORY: The Vanishing Fortune: Lost Confederate Gold

On April 2, 1865, Confederate President Jefferson Davis fled Richmond with the entire Confederate treasury, a fortune in gold ingots, silver bricks, and coins guarded by teenage Navy midshipmen on a train heading south into a collapsing nation. Five weeks later, when Union soldiers finally captured Davis, almost all of it was gone. The War Department told the public the missing treasure was worth $13 million, a number historians say was invented to turn every former Confederate into a hunted man. The truth was far more complicated, with records showing most of the money was paid to soldiers and spent along the way. But the legend never died. Wagons were raided in Georgia, deathbed confessions pointed to buried caches no one ever found, and treasure hunters are still searching 160 years later. In this episode of Conspiracy Theories, Cults, & Crimes, Vanessa Richardson follows the trail of the lost Confederate gold, the myth the government built around it, and the question that still drives people into the woods with shovels: where did it all go?

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