When the Brits got some of theirs back, it had been re-cast. A chemical analysis showed that the bars had been diluted with base metals between the date we got it and the date we gave it back. Who knows how many years this has been going on? No one that will ever tell. When you combine that with “quantitative easing”, the results look like the Weimar Republic.
“When the Brits got some of theirs back, it had been re-cast. A chemical analysis showed that the bars had been diluted with base metals between the date we got it and the date we gave it back.”
Do you have any source for this? I know some have recently found bullion on the open market that was debased with tungsten, but I had not heard that any of it was sourced from the U.S. government.