An analysis of the money pit

Standing over this depression was a tree whose branches had been cut in a way which looked like it had been used as a pulley.

An analysis of the money pit

Revealing the Mystery If someone were to claim they knew a story that involved the Holy Grail, a band of pirates, William Shakespeare, Franklin Delano Roosevelt and Edgar Allan Poe, you might think the tale was a riddle or a fanciful movie script.

However, one particular site in Canada holds a history that brings together all of these elements and more. To the casual observer, the acre island appears like many in this part of the province.

Rocks and sand skirt the perimeter of the landmass while native forest and brush cover much of its interior. At first glance, the seemingly mundane island conceals any evidence of historical importance.

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However, appearances can be deceiving. The potency of the story that follows has captured the human imagination and has driven men to their graves.

From academics to adventurers, many have grappled with trying to explain the mystery, but none have been able to get to the bottom of the Money Pit of Oak Island.

An analysis of the money pit

Looking around, McGinnis observed that a number of oak trees surrounding the depression had been removed. In addition, McGinnis saw that a block and tackle hung from a severed tree limb directly over the shallow hole.

Although some researchers refute the presence of the block and tackle, whatever he witnessed that day convinced him that the scene was worth investigating. McGinnis decided to leave the island to enlist the help of two friends, John Smith and Anthony Vaughan.

The following day the three teenage boys began enthusiastically excavating the curious site. At this time, Nova Scotia had only a few European settlements. With just over nautical miles separating the remote bays of present-day Nova Scotia from the thriving commercial center of colonial Boston, pirates were known to frequent areas near Oak Island.

The unpopulated wilderness of the region provided an abundance of natural resources to restock and repair vessels while its isolation proved an ideal place to harbor their vast misbegotten treasure.

In fact, one notorious pirate, the infamous Captain William Kidd, admitted to burying an unspecified wealth of treasure in the area before his capture in Conlin, Causeway connecting it to the mainland was constructed in Initial Excavation Along with many residents in the eastern province, the three boys digging on Oak Island must have been aware of the fabled pirates and had notions of gold doubloons in mind.

Two feet beneath the topsoil, McGinnis and his friends uncovered a layer of flagstone extending across the surface of the opening Crooker, Excitedly, the boys pulled the rock floor away from the pit to retrieve the golden bounty that must be hidden below.

Unfortunately for them, the boys only discovered more dirt. Undeterred, they continued their excavation. Any treasure worth finding would certainly require more than two feet of digging.

An analysis of the money pit

As the teenagers continued burrowing down, they followed the walls of the previous hole. In doing so, the boys found that the pit had narrowed to seven feet in diameter. They also noticed the work of their predecessors.

Imprinted in the clay of the tunnel wall were the impressions of pickaxes. Had these marks been left by pirate laborers before securing their treasure underground? The adolescent explorers were determined to find out. At a depth of ten feet, the boys discovered a layer composed of rotting wood timbers.

The timbers spanned the width of the hole, forming a wooden platform. The ends of the timbers had been driven into the sides of the tunnel wall to firmly anchor the structure.

This deliberate barrier and the hollow sound beneath the timbers must have confirmed to the boys that vast wealth was close at hand. The team eagerly continued their efforts, removing the timbers to claim their treasure.

Just as before, the enthusiastic excavators were again disappointed. After taking out the barrier, the boys found a two-foot pocket of air followed by soil that had settled below Lamb, Jack Begley claims that his discovery of the artifact solidified his belief that the contents of the Money Pit are “very valuable,” while Rick similarly suggests that the discovery verified his belief that the Oak Island treasure is “something that is far more valuable than temporal wealth.” Analysis.

The Rhodolite Garnet Brooch. An. Many have grappled with trying to explain the mystery of Oak Island, but none have been able to find out what's at the bottom of the Money Pit. Oct 28,  · I think I have resolved the Oak Island Money Pit mystery with a scientific explanation.

Another shorter version minutes is here S ince its discovery in , the Money Pit has elicited a number of legends and tales to help explain the mystery of Oak Island.

Among the stories created by those grappling with the enigma is that the treasure will evade discovery until seven people die trying to capture it. It’s no secret the rebound is on in the residential real estate market.

Over the past year, the Case Shiller Index of home prices in 20 large metro areas has gained 10%, well ahead of inflation.. So you’d figure it would be pretty hard to lose money investing in single-family homes these days. The Top Ten Myths about the Money Pit 1) The Discovery of the Pit in is Historical Fact.

Wrong! While the story of "three boys on an adventure" finding the site in this year has been passed down by generations of poor researchers, no contemporary source .

Treasure: Oak Island: The Story of Oak Island