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Bullion, Ample Supply? Of High-Quality? Counterfeit Gold Bars Revealed

Posted by Mr.Copper @ 11:26 on April 8, 2020  

Do you guys remember the story I posed about all the fake silver jewelry in my local malls? It was slightly magnetic. Don’t you all remember about the fake bars that went to a Bank in South Africa?

You can’t trust anything you read or hear anymore, since 1970. 🙂 So don’t believe what is below. 🙂

Parts:

In 2009, China reportedly received 6,000 Gold Bars 400 oz. that originated in the United States and were stored in Fort Knox for years (their serial numbers provided tracking). Purity tests were performed by drilling four small holes into the bars to analyze the base metal. All of the bars revealed tungsten cores beneath their relatively thick surface layer of 24k Gold plating.

The Chinese claim that in 1995, during the Clinton administration (Robert Rubin, Alan Greenspan and Lawrence Summers), between 1.3 and 1.5 million 400-ounce tungsten blanks were manufactured by a sophisticated refiner in the United States – over 16,000 metric tons. About 640,000 of the tungsten blanks were then gold plated and shipped to Fort Knox, where they remain to this day. The Chinese further claim the remaining 400-ounce fakes were eventually gold-plated and sold into international markets. [The Fort Knox Conundrum]

In 2012, at least 10 counterfeit Gold Bars made of tungsten were sold by a well known Russian salesman to unsuspecting dealers in Manhattan’s Diamond District. [New York Post: Fake gold hits NYC]

https://goldbuyingagent.com/counterfeit-gold-fake-gold-coins-and-bars/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.