Gold Fever had struck England and the Queen, so it was believed, had a source of gold equal to the Spanish. Queen Elizabeth I allowed the commission of yet another voyage of Martin Frobisher. With most if not all of the funding came from The Earl of Oxford, Frobisher set sail in 1578 with 15 ships, 300 Cornish miners and enough Oak lumber to build a colony. It was the largest Arctic expedition in history.

Shortly after setting sail, one of the ships deserted and returned to England. Later, reaching Greenland, the ship carrying the lumber sank, [yeah sure it did] . And yes there's more, Frobisher and others continued on and mined 1,100 tons of ore then returned to England with the Gold bootie.

Fools & Gold.
So it is reported the 1,100 tons of ore, turned out to be worthless, causing many investors to go bankrupt thus Frobisher's reputation was ruined. Interestingly, the Earl of Oxford Edward de Vere was overseas when this Arctic Gold was brought back, upon the Earls return he was told the ore was Iron Pyrite Sulphide but like many unreported accounts in history the Earl was also told that 'the ore was when it arrived was quickly whisked away by the Crown to an unknown place before being used to repair roads in the county of Kent'. This event gave rise for the Earl of Oxford Edward de Vere to use the term we use today as 'Fools Gold'. {Sure sounds like a deception going on here}.

Shortly after all this, Frobisher returned to piracy and along with Francis Drake, Frobisher is said to have begun raiding Spanish ships and settlements in the Caribbean. 'Pirates' - you wouldn't believe it! Soon after that he returned to England with 60,000 pounds of pure gold [960000 ounces @1250 US$1,200,000,000] when much of the [most] share went to the Queen.

Edward de Vere 17th Earl of Oxford House of Vere

Edward de Vere [Ed Verus Edward of the Truth].

17th Earl Of Oxford Knights Templar, defendant of the Truth became acquaint with the mathematics & astrology of John Dee, with aspiring seriousness, mastery and keen interest in occultism, studying magic & conjuring.
Keepers of the Secrets, Golden Path & Menorah from Caesar Marcus Aurelius Verus

Edward de Vere funded Martin Frobisher's expeditions in search of the Northwest Passage and fortune.

In 1577 Ed Vere asked the Crown for the grant of Castle Rising which had been forfeited to the Crown due to his cousin Norfolk's attainder in 1572. Upon granting, Edward Vere[Snr] sold it with two other manors, sank over £3,000 & more into these northwest expeditions including the 'Sea Venture'.

Vere Island Newfoundland NNW of Oak Island.
Is Oak Island really the right place?

This Oxford & Frobisher mix attracted lots of smaller investors, including even the Queen and The London collective, Joint stock company also sometime later became known as 'The London Company' as directed by the Earls Cousin by Lord Horace Vere. Baron of Tilbury, Horace Vere 1565-1635 Member of Virginia Council [aka Sir Horatio Veere, Knight Vear/Vere].

Stories & rumours abounded, tails of mountains of Vinland Viking and Templar Gold made English money flow like a river. However, upon on expedition return Frobisher was dogboggled & buffooned with stories that the Golden Cargo of 1100 tons of Golden Ore was totally worthless {yeah, sure it was}. 300 expert Cornish miners just can't all be wrong or could they?

The crown was said to help out by taking over the [golden] cargo claiming to be only good for repairing roads in Kent.

Oxford being away returned to inspect his Golden Cargo but only found he was totally cornered, lost all of his investment by this event and thus coining the term 'Fools Gold'.
Yes Well! That's doing business with pirates, event today.

Oak Island Treasure Pit

Templar's, Shakespeare and Oak Island amazing connections

Edward de Vere Shakespearean Connections

Oak Island the Money Pit - Treasure with Bill Burrud 1958

Oak Island Money Pit news piece

National Treasure: Book of Secrets

Names & backers of the London Co of British Colonies of the Americas Virginia.

Henry Earl of Southampton, William Earl of Pembroke, Henry Earl of Lincoln, Thomas, Earl of Exeter, Robert, Lord Viscount Lisle, Lord Theophilus Howard, James, Lord Bishop of Bath and Wells, Lord Edward Zouche, Thomas Lord Lawarr, William, Lord Mounteagle, Edmund, Lord Sheffield, Gray, Lord Chandois, John, Lord Stanhope, George, Lord Carew, Sir Humfrey Weld, Lord Mayor of London, Sir Edward Cecil, Sir William Wade, Sir Henry Nevil, Sir Thomas Smith, Sir Oliver Cromwell, Sir Peter Manwood, Sir Thomas Challoner, Sir Henry Hobert, Sir Francis Bacon, Sir George Coppin, Sir John Scot, Sir Henry Carey, Sir Robert Drury, Sir Horatio Vere, Sir Edward Conway, Sir Maurice Berkeley, Sir Thomas Gates, Sir Michael Sandys, Sir Robert Mansell, Sir John Trevor, Sir Amias Preston, Sir William Godolphin, Sir Walter Cope, Sir Robert Killigrew, Sir Henry Fanshaw, Sir Edwin Sandys,
Sir John Watts, Sir Henry Montague, Sir William Homney, Sir Thomas Roe, Sir Baptist Hicks, Sir Richard Williamson, Sir Stephen Poole, Sir Dudley Digges, Christopher Brooke, Esq. John Eldred, and Jolm Wolstenholme shall be our Council for the said Company of Adventurers and Planters, in Virginia.

Forbidden history - Nova Scotia - Templars

Jamie Theakston sets out to uncover the remarkable real story of one the greatest treasure quests in modern history and asks if the Knights Templar hid their treasure
on an uninhabited island in Mahone Bay, Nova Scotia? For over two hundred years, adventurers and researchers have dug deep into the mysterious site hoping to
find huge quantities of gold and Holy Relics looted from Jerusalem. In the early nineties a major expedition dug to 33 meters and hit a wooden roof to a large chamber,
but within days the chamber was flooded with sea water. Were they potentially going to hit gold or is the treasure buried elsewhere?