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Some say that somewhere between 1.3 & 1.5 million fake 400 ounce bars have been distributed all over the world since 2008, which makes some 600 million or so ounces of fake gold entering the market in 15 years. 321Gold.com.
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Goldmania.ru.
Fake Fears Over Ethiopian Gold.
CNBC - Tungsten-Filled Gold Bars.
Counterfeit Gold Bars in New York City.
Gold Plated Tungsten Bars From India.
Tungsten Filled 1 Kilo Gold Bar in the UK.
Fake Gold Bars in Bank of England & Fort Knox.
Market Oracle - Tungsten Filled Fake Gold Bars.
83 Tons of Fake Gold Bars Discovered in China.
Gold Plated Tungsten.the Biggest Swindle In History.
Suiss Gold.
A recent discovery that has been suppressed by the MSM but has been circulating among the "big money" brokers and financial kingpins and is just now being revealed to the public. It involves the gold in Fort Knox -- the US Treasury gold -- that is the equity of our national wealth. In short, millions (with an "m") of gold bars are fake! Siasat.pk.
Fox News.
Background - In October of 2009 the Chinese received a shipment of gold bars. Gold is regularly exchanges between countries to pay debts and to settle the so-called balance of trade. Most gold is exchanged and stored in vaults under the supervision of a special organization based in London, the London Bullion Market Association (or LBMA).
When the shipment was received, the Chinese government asked that special tests be performed to guarantee the purity and weight of the gold bars. In this test, four small holed are drilled into the gold bars and the metal is then analyzed.
Officials were shocked to learn that the bars were fake. They contained cores of tungsten with only a outer coating of real gold. What’s more, these gold bars, containing serial numbers for tracking, originated in the US and had been stored in Fort Knox for years. There were reportedly between 5,600 to 5,700 bars, weighing 400 oz. each, in the shipment!
At first many gold experts assumed the fake gold originated in China, the world's best knock-off producers. The Chinese were quick to investigate and issued a statement that implicated the US in the scheme.
When the shipment was received, the Chinese government asked that special tests be performed to guarantee the purity and weight of the gold bars. In this test, four small holed are drilled into the gold bars and the metal is then analyzed.
Officials were shocked to learn that the bars were fake. They contained cores of tungsten with only a outer coating of real gold. What’s more, these gold bars, containing serial numbers for tracking, originated in the US and had been stored in Fort Knox for years. There were reportedly between 5,600 to 5,700 bars, weighing 400 oz. each, in the shipment!
At first many gold experts assumed the fake gold originated in China, the world's best knock-off producers. The Chinese were quick to investigate and issued a statement that implicated the US in the scheme.
Business Times.
What the Chinese uncovered - 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.
According to the Chinese investigation, the balance of this 1.3 million to 1.5 million 400 oz tungsten cache was also gold plated and then allegedly “sold” into the international market. Apparently, the global market is literally “stuffed full of 400 oz salted bars”. Perhaps as much as 600-billion dollars worth.
According to the Chinese investigation, the balance of this 1.3 million to 1.5 million 400 oz tungsten cache was also gold plated and then allegedly “sold” into the international market. Apparently, the global market is literally “stuffed full of 400 oz salted bars”. Perhaps as much as 600-billion dollars worth.
Goldmania.ru.