It was a perfect place to hide gold procured from oil revenue, an anonymous NATO intelligence source stated. Once cast and painted, they are virtually identical to lead keels. He would move from larger to smaller boats as the price of oil went up and down. He was currently working on a 7.4 ton bulb keel for the first Libyan Volvo Ocean Race 70 entry, thinking that he could strategically move the gold around if things got hot at home.
A savvy measurement team at the Saint Barth’s Bucket regatta noticed a retro schooner had slightly more stability that it should. “At first we thought they might be using spent uranium for added weight, but when we scraped off several layers of bottom paint it turned out to be gold,” noted PRO Peter Craig.
Rumors are rampant that the Middle East revolts are due to the America’s Cup format. Said Russell Coutts, “This explains why Gadhafi went ballistic when he heard of our plans to race multihulls for the next AC instead of a larger version of the IACC monohull.”