Mmmm chocolate...
Posted on 03/31/2010 8:10:05 AM PDT by george76
Amid international accusations that U.S. officials in the Clinton administration replaced gold in Fort Knox with phony, mostly tungsten bars that were later shipped to China and other places yet unknown, a German refinery has now discovered that it has received a bogus "gold" bar as well.
The video proof was shown on the German television station ProSieben that ran the news story covering W.C. Heraeus in Hanau, Germany, the world's largest privately owned refinery.
In the story, Wilfried Horner, head of the gold foundry, shows a 500-gram bar (16.0755 troy ounces) received from an unidentified bank. The bar had the right physical dimensions to be an authentic gold bar, but one of the Heraeus employees suspected something.
After the bar was cut in half, the TV audience could plainly see that the dark insides were tungsten, with only a coating of gold on the outside.
While the story never aired on American TV, it is available on the Internet.
Last fall, Rob Kirby of Kirby Analytics in Toronto reported that China's central bank had discovered nearly 6,000 400-ounce gold-plated tungsten bars among those it had recently received from bonded warehouses.
(Excerpt) Read more at silverbearcafe.com ...
Auric Goldfinger was involved.
Mmmm chocolate...
old news; now their gonna use gold-plated depleted uranium bars,a tungsten-in-cheek move, not Kelly`s Heroes at all.
Gold, the new Fiat Currency....
Maybe we should be putting our money in Tungsten futures....
I have to wonder how many of these bars came from China... They Buy 500 bars of gold and with a little work turn it into 5000 bars fo 5 million bars then they launder it through various world gold markets...
Either that or this is a move by the NWO types to dillute the Gold Market...
I don't feel bad for the CHICOM. They can always trade the tungsten to North Korea for some of that delicious kimchee.
Clinton’s fault?
Woof-Woof
Yes, definitely tungsten.
i DON WANT NO NEGATIVE WAVES
I wonder where these gold companies that are trying to sell the stuff are using. Doubt anyone would cut in half a gold coin to see if real.
http://www.tungsten-alloy.com/en/alloy11.htm
ChinaTungsten Online! “We are well accustomed to exploit more innovative applications of tungsten products. Gold-plated tungsten is one of our main products. “
fascinating
I woder if this had anything to do with the (unreported)electronic attack on the US financial system in September 2008. China calling in about $500 Billion worth of chips (and on the way to several trillion) before Paulsen shut it down
Okay a few questions...
1. Are they saying that the US government produced these bars?
2.If so this could not have been done without many many people physically doing the work.
3. Tungsten would have to be produced at a special forge ( High temps) which forges had this capability and who produced gold bar blanks of specific size?
Call M and tell him to put 007 on the case.
From what I can tell the present price of tungsten in around $225/metric ton.
That’s a whole lot less than gold.
I thought the article was fascinating in its assumption that anybody could know who had produced a specific fake gold bar. Unless the counterfeiters kept careful chain of custody documentation.
If it’s true or not, I think it is a way to make the consumer think twice about gold purchases. Keep the rubes out of the market while the central banks and the wealthy stock up at never to be seen again prices. hhhhhhhmmmm?
Maybe it was that gold paint huffer guy?
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