US selling counterfeit gold bars (in other words gold plated Tungsten)

Discussion in 'Economics & Trade' started by Mario Milano, Jul 29, 2012.

  1. Mario Milano

    Mario Milano New Member Past Donor

    Joined:
    May 11, 2012
    Messages:
    974
    Likes Received:
    15
    Trophy Points:
    0
    Is there anything that comes from the US that isn't counterfeit apart from their bombs? Not only is the US's dollar bills just way over valued useless paper but now so is their "Gold" which turns out to be way over valued Tungsten.
    --

    The Fort Knox Conundrum: Chinese say they received bogus bars of gold traced to U.S.


    Could over 1 million bars of gold, much of which is still held in Fort Knox, Ky., be counterfeit? An October 2009 discovery that suggests this may be true has been suppressed by the mainstream media but has been circulating among the “big money” brokers and financial kingpins. It is just now being revealed to the public.

    Gold is regularly exchanged between countries to pay debts and to settle the so-called balance of trade. It is often also used as a hedge against a falling currency. Gold is regularly traded and stored in vaults under the strict supervision of a special organization based in London, known as the London Bullion Market Association (LBMA). That’s why news of counterfeit gold bars was a surprise to many experts.

    In October 2009, China reportedly received a large shipment of gold, containing some 6,000 bars, weighing 400 ounces each. When it was received, the Chinese government asked that tests be performed to guarantee the purity and weight of the gold bars. In this test, four small holes were drilled into the bars, and the metal was analyzed. Officials were shocked to find the bars were bogus. They contained cores of tungsten, with only an outer coating of real gold. What’s more, these gold bars, containing serial numbers for tracking, originated in the United States and had reportedly been stored in Fort Knox for years.

    Interestingly enough, before DU was widely used as a U.S. weapons component to make shells more able to penetrate hardened targets, tungsten was used for that purpose.

    But tungsten is vastly cheaper than gold—maybe $30 dollars a pound, compared to $1,200 an ounce for gold right now. It has exactly the same density as gold, to three decimal places. Therefore, it has to be drilled to detect the fraud. The only differences are that it’s the wrong color, and that it’s much harder than gold. Pure gold is soft and can be dented with a fingernail.

    At first, many gold experts speculated that the fake gold must have originated in China, which is considered the world’s best knock-off producers. However, the Chinese government investigated and issued a statement pointing a finger squarely at the United States.

    The Chinese claim that in 1995—during the Clinton administration (Robert Rubin, Alan Greenspan and Lawrence Summers)—between 1.3 million and 1.5 million 400-ounce tungsten blanks were manufactured by a sophisticated refiner in the United States, amounting to more than 16,000 metric tons. Some 640,000 of these tungsten blanks were then gold plated and shipped to Fort Knox, according to the Chinese, where they are said to remain to this day. The Chinese contend that the remaining collection of these 400-ounce fakes was eventually gold-plated and then “sold” into international markets.

    The global market is literally “stuffed full of 400 ounce salted bars,” said one unnamed expert. “It’s enough to destroy the world markets.”
     
  2. Mandrake

    Mandrake New Member

    Joined:
    Mar 21, 2009
    Messages:
    3,063
    Likes Received:
    50
    Trophy Points:
    0
    Gotta Link?


    This sounds like Kook Merde. Zhurn ain't here to save you.
     
  3. Mario Milano

    Mario Milano New Member Past Donor

    Joined:
    May 11, 2012
    Messages:
    974
    Likes Received:
    15
    Trophy Points:
    0
  4. Mario Milano

    Mario Milano New Member Past Donor

    Joined:
    May 11, 2012
    Messages:
    974
    Likes Received:
    15
    Trophy Points:
    0
  5. Ivan88

    Ivan88 Well-Known Member

    Joined:
    May 6, 2012
    Messages:
    4,908
    Likes Received:
    42
    Trophy Points:
    48
    What else can you expect from a country that is so much in love with lies and adulterated products?
     
  6. Courtney203

    Courtney203 New Member

    Joined:
    Jan 2, 2009
    Messages:
    5,359
    Likes Received:
    30
    Trophy Points:
    0
    If this were the case, this would be a huge news story in the US. However, I am almost positive this is some made up propaganda by crazies. The current state of the Media, is that even some of these crackpot news stories will get out because Media companies do not have the same standards of checking sources that they use to. They would rather be the first to report in some cases, and wrong, then last to report. It costs them millions $$. Either way, crack pot story, nothing to see here..
     
  7. Mario Milano

    Mario Milano New Member Past Donor

    Joined:
    May 11, 2012
    Messages:
    974
    Likes Received:
    15
    Trophy Points:
    0
    oh man you are freakin hilarious, the Zio run media is gunna tell the truth hahahahahah! Yep just like they were all over the story of the 2.1 trillion dollars disappeared from the pentagon by Rabbi Zakheim when he was comptroller.Yeh man I am still waiting for your beloved media to be all over that one too!
     
  8. Jonsa

    Jonsa Well-Known Member Past Donor

    Joined:
    Jul 26, 2011
    Messages:
    39,871
    Likes Received:
    11,453
    Trophy Points:
    113
    Yes the Americanfreepress.

    Another wonderful conspiracy ladened revisionist supporting whacko site, catering to the paranoid and ingnorant.

    Just click on the Revisionist History navigation button on the left of the home page. Looks where it takes you - to Barnes Report highlighting such champions of truth, justice and the nazi way as Gemar Rudolph with books about the real story behind those fake concentration and extermination camps, etc etc. etc.

    Geez, either you guys are multiplying like coakroaches around here, or somebody has more than one ip.
     
  9. Jonsa

    Jonsa Well-Known Member Past Donor

    Joined:
    Jul 26, 2011
    Messages:
    39,871
    Likes Received:
    11,453
    Trophy Points:
    113
    On the other hand, one only has to look at your sources to recognize instantly what you are.

    Love the Rabbi Zakheim 360 degree twist. Zakheim was APPOINTED TO TRACK DOWN THE $2.3 TRILLION WORTH OF UNACCOUNTED TRANSACTIONS.
    He couldn't be responsible for the disappearance of any pentagon money if he wasn't the comptroller during the time it went "missing" because everyone knew the books didn't balance BEFORE he was hired. Oh dear, another anti-semite, neo nazi, jew hating bigot lie exposed by 10 seconds of research.

    Psssst. I represent a Nigerian Prince who has some very nice beachfront property in Arizona. He's authorized me to sell it to somebody I think a good guy who could use a grreat deal. If you send me 2.3 trillion in good faith, I'll give you the property for 10 cents on the dollar, but you can't tell anyone else about this.
     
  10. Mario Milano

    Mario Milano New Member Past Donor

    Joined:
    May 11, 2012
    Messages:
    974
    Likes Received:
    15
    Trophy Points:
    0
    Gee dude I am sure if you tried a bit harder you could have come up with a few more names to call me, how very JIDF of you. So let me guess who your sources are that we must blindly believe otherwise you go all Bill o"reilly on us, Fox News and Reuters right? Hell man if those two sources say the truth it is either an accident or a miracle
     
  11. FreshAir

    FreshAir Well-Known Member Past Donor

    Joined:
    Mar 2, 2012
    Messages:
    151,255
    Likes Received:
    63,430
    Trophy Points:
    113
    birthers, truthers, now gold-diggers... lol


    .
     
  12. Abu Sina

    Abu Sina New Member

    Joined:
    Oct 13, 2010
    Messages:
    13,370
    Likes Received:
    111
    Trophy Points:
    0
    They found false bars filled with tungsten in UK too

    [​IMG]
     
  13. Abu Sina

    Abu Sina New Member

    Joined:
    Oct 13, 2010
    Messages:
    13,370
    Likes Received:
    111
    Trophy Points:
    0
    That will be why Ron Paul wanted Fort Knox gold to be tested.
     
  14. Mario Milano

    Mario Milano New Member Past Donor

    Joined:
    May 11, 2012
    Messages:
    974
    Likes Received:
    15
    Trophy Points:
    0
    Yep and they refused to do an audit citing the reason, get this, it was going to cost too much to do an audit (a couple of million dollars). What country has no idea how much gold they have (Tungsten in the USA's case)
     
  15. Jonsa

    Jonsa Well-Known Member Past Donor

    Joined:
    Jul 26, 2011
    Messages:
    39,871
    Likes Received:
    11,453
    Trophy Points:
    113
    didn't call you one name in that post, I said "lie" not "liar". And "dude" I can come up with a catalog of descriptors for bigots, neo-nazis, holocaust deniers and other "revisionists", Islamists and other religious fanatics and last but not least commies and paedophiles. I consider insult to be a literary art form.

    I have to agree that FAUXNews is not a very reliable source for anything other than right wing propaganda. Reuters on the other hand is NOT OWNED BY THE ROTHSCHILDS and never has been except on sites that cater to bigots, neo-nazis, holocaust deniers and other "revisionists, some religious fanatics and of course commies.
     
  16. Mario Milano

    Mario Milano New Member Past Donor

    Joined:
    May 11, 2012
    Messages:
    974
    Likes Received:
    15
    Trophy Points:
    0
    If that is how you get your jolly's off knock yourself out, oh and Rothschild's do own Reuters, obviously you have no idea what you are talking about hence why you try to cover it up with your catalog of insults.
    --
    "To better understand this on-going tyranny of capital we also need to know how, from near-absolute power over the people’s finances, the House of Rothschild and others moved on to control, and enclose, our media and information supply. As Kent Cooper, a former head of Associated Press, noted "international bankers under the House of Rothschild acquired an interest in the three leading European [news] agencies." The Rothschild group purchased Reuters in London, Havas in France, and Wolf in Germany to monopolize the news creation nexus and information-dissemination business in Europe and around the world. Today's global corporate media empire is simply an extension of this trend to control information and assure capital's propaganda remains both dominant and ubiquitous."
     
  17. robster644

    robster644 Banned

    Joined:
    Jan 4, 2012
    Messages:
    278
    Likes Received:
    10
    Trophy Points:
    0
  18. Anti-NWO

    Anti-NWO New Member

    Joined:
    Jul 13, 2012
    Messages:
    189
    Likes Received:
    3
    Trophy Points:
    0
    Ohhh look, it's the conspiracy-denying kook. I kind of feel sorry for you Mandrake, when the Conspiracy-that-doesn't-exist finally puts the hammer down on you...you will cry. Have a nice Orwellian Totalitarian nightmare!
     
  19. toddwv

    toddwv Well-Known Member Past Donor

    Joined:
    May 18, 2009
    Messages:
    30,444
    Likes Received:
    6,429
    Trophy Points:
    113
  20. Bored Dead

    Bored Dead New Member

    Joined:
    Jul 30, 2012
    Messages:
    506
    Likes Received:
    2
    Trophy Points:
    0
    I see no reason the gold at fort Knox couldn't be unintentionally counterfeit, we (the USA) should probably run a test on a percentage of the gold bars to make sure they're fully gold.
     
  21. Anti-NWO

    Anti-NWO New Member

    Joined:
    Jul 13, 2012
    Messages:
    189
    Likes Received:
    3
    Trophy Points:
    0
  22. Eadora

    Eadora Well-Known Member

    Joined:
    Mar 21, 2010
    Messages:
    4,454
    Likes Received:
    935
    Trophy Points:
    113
    A Rumor that just will not die -
    Perhaps, "Where there is Smoke there is Fire" [​IMG]


    The Gold Plated Tungsten Story

    http://www.hardassetsofhouston.com/blog/gold-plated-tungsten-story-of-fraud/

    Gold Plated Tungsten: American as Apple Pie.

    Englishmen and other foreigners have nothing over us in ability to deceive. There
    was a story about a delivery that was supposed to be gold but turned to be otherwise.
    Well, how about looking into the back yard of the United States?

    Scary Pretend Gold stories of other countries seem to be a distraction. They are about
    unbelievably bad counterfeit bars and/or flakes. Zero gold? Just gold colored junk?
    Damn foreigner.

    Let me get into the #1 Fraudster. The London Bullion Market 100 to 1 leverage comment
    relates to PaperGold contracts on the London Gold Market. Again, 100 to 1 . Leaping
    every which way. Not a real gold story; Just trading paper contracts for futures or
    options. Paper promises blowing in the wind. Damn English.

    See: Gold Anti-Trust Action for details. http://Gata.org

    More interesting to gold miners is the gold plated tungsten bar. American is apple pie.
    Damn American.

    See: Fort Knox, specific weight of tungsten vs gold (almost the same)

    ——
    Search Results for: Tungsten Gold Plated Bars Gram Knox
    ——


    German ProSieben TV Channel Finds 500 Gram Tungsten Bar At W.C. …
    Mar 1, 2010 … The foundry has isolated at least one 500-gram tungsten bar due for
    melting, ….. 1.3 – 1.5 million 400 oz. gold-plated T-bars were fabricated. ….. It involves
    the gold in Fort Knox — the US Treasury gold
    http://www.zerohedge.com/article/ge...gsten-bar-wcheraeus-gold-foundary-bank-origin


    What about the Counterfeit Gold-Plated Tungsten Bar Stories …
    Mar 12, 2010 … He seemed concerned that I was perpetuating a myth about a massive
    number of counterfeit gold-plated 400 ounce tungsten bars that were
    http://news.coinupdate.com/what-about-the-counterfeit-gold-plated-tungsten-bar-stories-0189/


    Largest Private Refinery Discovers Gold-Plated Tungsten Bar | Coin …
    Mar 2, 2010 … As stories of gold-plated tungsten bars in bonded warehouses continue to
    …. The only equipment you need is a scale. a 500 gram bar would be off in …. of Fort
    Knox the us traders and a LOT of gold plated tungsten,
    http://news.coinupdate.com/largest-private-refinery-discovers-gold-plated-tungsten-bar-0171/


    Gold Bars in Fort Knox Are Fake!
    Feb 28, 2010 … Fake Gold Bars in Fort Knox!… we tell it like it is. … the head of the
    gold foundry, shows a 500 gram bar (16.0755 troy ounces) … A near-perfect place to
    hide tungsten-plated gold bars would be in the vaults…
    http://www.viewzone.com/fakegold.html


    On Doing God’s Work – Gold, Precious Metals News Wire – GoldSeek.com
    The amount of “salted tungsten” gold bars in question was allegedly … these tungsten
    blanks received their gold plating and WERE shipped to Ft. Knox and
    http://news.goldseek.com/GoldSeek/1258049769.php


    A Revisit to the Gold-Plated Tungsten Story | R.D. Bradshaw …
    Mar 11, 2010 … The gold-plated, tungsten-filled bars story hasn’t gone away. … found a
    tungsten, gold-plated, 500-gram bar it received from a bank. …. fake bars in Fort Knox
    and the remaining 800000 or so 400-ounce bars being…
    http://www.safehaven.com/article/16067/a-revisit-to-the-gold-plated-tungsten-story



    Fake Gold Bars in Fort Knox! What’s Next? The IMF sold Gold plated …
    Jan 15, 2010 … The IMF sold Gold plated tungsten bars to India ? … TV Channel Finds
    500 Gram Tungsten Bar At W.C.Heraeus Gold Foundry With Bank Origin…
    http://www.aesopsretreat.com/forum/index.php?topic=58009.0


    A Revisit to the Fake Gold Plated Tungsten Story :: The Market …
    Mar 11, 2010 … I would just add here that the find involved a 500-gram bar (reportedly
    …. They had ten, fake, gold-plated, tungsten bars that they were evidently … 400- ounce,
    fake bars in Fort Knox and the remaining 800000 or so …
    http://www.marketoracle.co.uk/index.php?name=News&file=article&sid=17820

    Fort Knox Conundrum 208
    The Fort Knox Conundrum: Chinese say they received bogus bars of gold traced …
    Some 640000 of these tungsten blanks were then gold plated and shipped to …
    http://www.abovetopsecret.com/forum/thread538188/pg1




    .
     
  23. waltky

    waltky Well-Known Member

    Joined:
    Jan 26, 2009
    Messages:
    30,071
    Likes Received:
    1,204
    Trophy Points:
    113
    Gender:
    Male
    Peru leads the world in counterfeiting U.S. currency...
    :omg:
    Peru the global leader in dollar counterfeiting
    Sep 5,`13 -- The police colonel was stunned by the skill of the 13-year-old arrested during a raid on counterfeiters in Lima's gritty outskirts, how he deftly slid the shiny plastic security strip through a bogus $100 banknote emblazoned with Benjamin Franklin's face.
     
  24. reedak

    reedak Well-Known Member

    Joined:
    Jul 7, 2009
    Messages:
    3,231
    Likes Received:
    195
    Trophy Points:
    63
    Just another monkey business? :smile:
     
  25. Thehumankind

    Thehumankind Well-Known Member

    Joined:
    Jun 14, 2013
    Messages:
    4,478
    Likes Received:
    342
    Trophy Points:
    83
    Gender:
    Male
    Who were there at Fort Knox?
    and metallurgy analysis and photos are needed,
    otherwise we could talk it over with a case of buds and a bag of peanuts.
     

Share This Page