quote:

ORIGINAL: Termyn8or

http://news.coinupdate.com/largest-private-refinery-discovers-gold-plated-tungsten-bar-0171/

I also read a story about these bars being paid to China where they were traced back to Fort Knox. While I'll not reveal that source, Google will find enough on the subject that it's not likely to be some wild conspiracy theory.

But the point is, if the US government will resort to such a scam, what else would they do ? Again I don't believe everything I read from any source. But there comes a time when there is too much coincidence and the sane must accept the possiblity that things are not what they seem. That we are being lied to by the mainstream. That even the crackpots are right sometimes.

Has it come to this ? With these particular times, I think it possible. For the government to cheat ? Say it ain't so.

What's more supposedly the fake gold sent to China from the US was discovered when the Chinese drilled into it, as the density of tungsten is nearly identical to that of gold, making detection impossible without actually cutting or drilling it. So what impelled the Chinese to take a drill to a gold bar ? Have we lost that much credibility and trust ?

I think so, and for good reason. We are told day after day that all intentions of the US government are purely altruistic, even the bloody wars. What if those in other countries know a few other things and have drawn the conclusion that we are not to be trusted.

People who know are dismayed by the fact that Obama turned down foreign aid to do something about the oil problem in the gulf. How many remember when some European country (don't remember which) refused US aid after a natural disaster a few years ago ? Why would they do that ?

I did not watch the video BTW. But the fact is searching for the proper terms, there are just too many hits to be considered purely coincidence. And there is no way in hell this is an accident, unless there is some new sort of philosopher's stone that turns only the core of gold bullion into tungsten. Someone did it on purpose.

On the physical side, if  enough clearance is left on the tungsten bar the gold plating can be marked or scratched deeply enough to convince many. So now we need destructive testing of every piece of gold in the world ?

From a scientific standpoint, perhaps a non destructive way can be found. Tungsten has a whole lot more hardness and elasticity than gold, and therefore might be detectable sonically. I am not sure if Xraying would work, because of the very close densities of the two metals.

Don't pour your life into it, but I encourage you to at least do a search and see what you find. I don't expect you to believe me 100% anymore than anyone else. But the fact is, if the US government has resorted to this type of chicanery, we now have a situation where not only is our currency no good, even our gold is no good. Think of the ramifications.

T

The gold world has been ablaze for the last few weeks with a sensational story from fifteen years ago that the US government allegedly manufactured/bought some 1.3 to 1.5 million 400 oz, gold-plated, tungsten bars. Some 640,000 of these bars were allegedly stored at Fort Knox, and the balance was sold/shipped to central banks/other parties around the world.

...

In the real world, we often tend to accept things we want to believe as true and factual when they may not be true and factual at all.

...

So, when a reader at www.analysis-news.com wrote me in a very critical manner to claim how wrong I was for using the word rumor, when the tungsten story was based on fact, I had to respond.

...

In going back and reading the various Internet reports on the tungsten story, I failed to find any verifiable facts about it (meaning it may or may not be true). I found numerous claims and statements that this or that happened. But I did not find any provable evidence that this or that happened. I'm not saying here that the report was true or false. I'm only saying that I found no verifiable facts or proofs of anything on it to prove it one way or the other.

...


The Museum of Hoaxes had an article on "How to Make Fake Gold Bars" which cited an event that happened in recent years. Per the story, the National Bank of Ethiopia took some steel bars and plated them with gold and shipped/sold them to South Africa. The Bank/Central Bank in South Africa immediately sent them back to Ethiopia as being bad.

The point of this is that while laypeople and the average Joe on the street lack the expertise and ability to distinguish fraudulent material (like gold plated tungsten bars), the experts in the business world would never be so easily deceived and mislead. Jewelers, assayers, bank personnel, and various engineers and manufactures would almost never be taken in by such a deceptive act.

I think it would be routine for banks (particularly central banks) to immediately check incoming gold bars by weight and volume by sophisticated measuring devices. If they were tungsten filled, they would be immediately detected. I think any buyer of gold bars would want some independent verification of their authenticity if purchased. I cannot imagine people accepting gold bars without doing something to check them.

...

There is a final aspect on this presentation. What would be the purpose of a government, even one as dishonest as the US government, in making or buying 1.3 to 1.5 million such bars? If she tried to sell them or use them in monetary exchange operations, she would immediately get caught and have to redeem them with true gold and suffer much bad publicity. She certainly could not sell them to jewelers or professional gold dealers who immediately would spot the fraud.

As far as using such bars for monetary reserve purposes, in stored vaults, this too doesn't make any sense. The American people are so duped and lied to that the US Treasury doesn't have to do anything to prove that the alleged US gold is there or not. Americans believe the lies and never question them. The American people are in no position to question, examine or even look at the alleged US gold supply. The vaults in Fort Knox could be bone-dry empty and no one will or can know the deference. In fact, it is plausible that the Fort Knox vaults are indeed empty ...

So, why would corrupt government officials, like in the US, even bother with manufacturing or buying fake gold bars which cannot serve any purpose at all, and store them in secret in vaults at Fort Knox? The bars could never be sold or traded for fear that the fraud would be detected and made public. As far as the people, we don't matter. So the issue is entirely academic.

quote:

ORIGINAL: pahunkboy

http://www.gata.org/

No it is not bull shit.    

quote:

ORIGINAL: Elisabella

Do any of you conspiracy theorists ever wonder if the reason you're buying gold is because the gold industry has conspired to make you believe it's in your best interests?

Because that would be crazy ironic.

quote:


When people shut the fuck up they get away with things, alot of things.

quote:

ORIGINAL: pahunkboy

Is the dollar 'good as tungsten'? Submitted by cpowell on Tue, 2009-11-17 16:09. Section: Daily Dispatches 11:10a ET Tuesday, November 17, 2009 Dear Friend of GATA and Gold: The pseudonymous author of the FOFOA blog, which takes its name from the famous "Another" and "Friend of Another" postings of years ago at the old USAGold.com Forum (postings that have been archived at http://www.usagold.com/thegildedopinion.html), has written an interesting speculation on the possibility that tungsten has been masquerading as gold. It shows that GATA's work has been studied pretty closely in some well-informed quarters of the gold universe. The FOFOA commentary is headlined "Is the Dollar 'Good as Tungsten'?" and you can find it here: http://fofoa.blogspot.com/2009/11/is-dollar-good-as-tungsten.html

First documentation of counterfeit gold bars, plated tungsten Submitted by cpowell on Mon, 2010-03-01 22:28. Section: Daily Dispatches 5:26p ET Monday, March 1, 2010 Dear Friend of GATA and Gold: What appears to be the first documentation of counterfeit gold bars made of plated tungsten was noted today by Zero Hedge as having been reported by a German television station. The counterfeit bar reportedly is in the possession of the W.C. Heraeus gold foundry in Hanau, Germany, said to be the world's largest. This sort of thing might shake the gold market even more than, say, the International Monetary Fund's confession that it really doesn't have any gold and that it has been selling only bookkeeping entries all this time. The Zero Hedge report and video of the German TV station's broadcast can be found here: http://www.zerohedge.com/article/german-prosieben-tv-channel-finds-500-g... Or try this abbreviated link: http://tinyurl.com/yc3vbro
/snip

http://www.gata.org/search/node/tungsten

quote:

ORIGINAL: pahunkboy

Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes]. Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day./snip


http://fofoa.blogspot.com/2009/11/is-dollar-good-as-tungsten.html

quote:

ORIGINAL: Termyn8or

"What would be the purpose of a government, even one as dishonest as the US government, in making or buying 1.3 to 1.5 million such bars?"

Firm, have you EVER done anything illegal ? And gotten away with it ? I am not talking about shoplifting a fucking soda pop here.

I got busted for running my mouth, even my ex boss got busted for the same reason. He had printed up over a ¼ million and was passing it himself, he would never have gotten busted if he kept his fucking mouth shut. He was pulling in over 80% which is really good for a boodle of queer. But he opened his mouth and his buddy got busted and rolled over on him. I think there is a federal court order that he can no longer own a lithograph as long as he lives.

When people shut the fuck up they get away with things, alot of things.

I have inside info on a few things. If I owned stock in those companies involved, and I said something here, eventually they could concievably find me. I don't, but if I did. I could tell you a couple of things though if you got that gambler's bone. You could make alot of money.

Really, I wanted to discuss how this affects us "normal" people. I would have to be stupid to run my mouth. Even at work when I pull in a thousand bucks an hour, why would I tell anyone ?

I tell the truth, but I will admit to not telling the whole truth. Nuff said OK ?

To tell you some truth that I can now, if I were to steal again, I would not steal gold, silver or currency. Right at the moment I would steal cocaine. But that could change. But money isn't worth a shit now, all of the "migas" out there will gladly trade you cash for your stash. And there ain't no serial numbers on it and therefore no paper trail. Get it ?

You think you want to play the game ? Sure, I'll teach you everything I know.. My IQ bounces around a deuce, and I don't think I am smart enough to play with the big boys. You want to take a crack at it ? And remember, if you cross these MFs you will become something postumasley as of last month. This is not the Gambinos or the other families, some of whom I knew and considered family. These are the most ruthless bastards on the planet.

You have no idea what you are up against, the old cosa nostra was a boys glee club in comparison. I do. I know how these MFs are because though I never made it big I completely understand their attitude.

Now let me tell you this. They have successfully taken over most of the governments of the world, and all I can advise is STAY THE FUCK AWAY FROM THOSE PEOPLE. I am among the best of us lowlifefes, and I know better. Ron Paul is not all that smart taking them on with a chair in congress. Look what happened to Jim Trafficant, After these people what do you think you or I could do.

Nothing.

I have stated the only way to beat them before, in other threads and I will not reiterate it here. Martial arts can give a clue and that is all I am saying.

We do have the ability to solve this, but you will not stand together. That is what is going to kill us.

quote:

ORIGINAL: pahunkboy

Firm,  you don't even like.  So fake gold would not matter to you.

GATA is a fine organization.  I find this all fascinating.   Some guys are into sports- some into stocks- I like PMs.

War and theft is pretty common in history.   And history repeats.  Govts lie,  people lie.

Anyhow- my tax refund came- I purchased a fractional gold coin.  I could have gone to Chicago-  did a project on the house- or partied the money away. 

I was just lamenting to Jenny- that I may never ever make it out to family again in Chicago.  Money is just not there.

BTW-  as it turns out- the dude the cuts my grass is even more of a prepper then I am.  I have some bullion.   He is getting ready for civil war.      PA is an interesting state.
When I was a kid- I hung with my elders.  I listened.

Understand that this position is one I have backed with all my cash.   So- it is not barking- or posturing with me.

If it all crashes- then so be it.  Of course my ego does not want to be wrong.   But I trust me more then I trust them. 

...and based on a few I know in this town-  more are woke up here.   My area will do fine during this next 20 years.  I am pretty certain of that.  I am happy.