Claim: Gold, Oil, and Deuterium are rich natural wealth which Former President Ferdinand Marcos Sr. and former First Lady Imelda wanted to use to elevate the Philippines to first-world status
Category: Fake
Complete Details: A video uploaded by the Youtube account Filipino Future claims that at the entrance of a Marcos twin mansion in Cabuyao, Laguna shows a wall with a world map and with the Philippines in the center with the words "Gold, Oil, Deuterium" written on it. The video claims that these represent gold from the Northern Philippines, Oil from Southwest Philippines in the Sulu Sea, and Deuterium in the Southeast in the Philippine Deep. The video further claims that it was the intention of both the former President Ferdinand Marcos, Sr., and his wife, former First Lady Imelda, that these be utilized to make the Philippines a first-world country. Further into the video is the claim that the explorations of these resources were halted because of the EDSA revolt which toppled the former President. The video then goes on to narrate the oft-repeated claim that the MArcoses have lent gold to other countries and which is now due for collection.
Why we fact-check this: This video is a mishmash of false information, half-truths, and allegations that are all either unsubstantiated or already debunked with fact checks. This video has garnered 557,800 views as of this writing and is a source of fake information that will further keep the viewing public from discerning with is truthful.
(The Mindanao Gold Star Daily is part of the more than 100 organizations online initiative from media, coalitions, civil society, business, academe, law, and the religious sector called ‘#FactsFirstPH.’ The initiative aims to collectively push for truth-telling and debunking lies through four steps: fact-checking by news organizations; networking by civil society and grassroots groups; research and analysis by academic institutions; and seeking accountability by lawyers’ groups.)
