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German ProSieben TV Channel Finds 500 Gram Tungsten Bar At W.C.Heraeus Gold Foundry With Bank Origin
German TV station ProSieben finds what appears to be some evocative proof of gold counterfeiting, in the form of tungsten gold substitutes coming to the W.C.Heraeus foundry, which is the world's largest privately-owned precious metals refiner and fabricator, located in Hanau, Germany. The foundry has isolated at least one 500-gram tungsten bar due for melting, originating from a (so far) unnamed bank, which as the head of the foundry stated made the unpleasant discovery that "not all the glitters is gold."
Full clip after the jump.
h/t Thomas
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Only laugh of the day? That sucks
I am not Chumbawynonnajudd
I know what you mean. I've spent a LOT of effort keeping her eyes away from the gum machine at K-Mart.
Obviously, you shopped for a gold-plated tungsten ring here: http://www.tungstenaffinity.com/Gold-Plated-Tungsten-Rings-s/306.htm :>)
It actually isn't a bad idea, but Hell hath no fury....
Be careful of bars marked 24 ct.
kohls printable coupons
They never would have faked a 10 ounce bar , would they ?
Oh Shit
Philharmonics are the only currency for Euro Gold Bitches
Now we know why them coins are so much more expensive than the bars.
I just checked 24hgold.com's JV with ebay re selling gold eagles. They have a handy chart showing price and premium percent of eagles vs. current metal price. Currently the premium is some 7.7% over spot (1 toz eagle). I have seen the ebay premium be over 16% before.
On Saturday I bought at a coin shop and paid a 5.5% premium.
Next few days will be interesting here in the gold universe. Maybe the fiercesome MrWanker (MB) will drop by and laugh at us some more.
Related to these fake bars, here a story from German TV channel ARD.
http://boerse.ard.de/content.jsp?key=dokument_398818
Can you translate the key points of it please? I don't speak German.
http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&layout...
Thank you.
after they finish the Euro short investigation they'll be coming after you physical gold holders for colluding to cause currency dislocations. All your local deals will be waterboarded until they reveal their customer lists.
This is one of the reasons I buy only in cash. The dealer doesn't even know my name. The others are no taxes, no processing fees, and the immense satisfaction I get from handing over intrinsically worthless FRN's and receiving scarce, beautiful monetary metals. I actually just got back from adding a little more silver to my reserves.
But where/how are you able to do this? The local coin dealers here don't have much on hand - it must be ordered. Thus, they need your name.
I am about to order from APMEX (my first physical PM purchase). But I'd much rather hand over my FRNs and pick up some PM coin. Cash 'n carry so to speak.
Just as an aside, my first purchases are going to be Ag Eagles and Au Buffaloes. I figure being US minted essentially pure legal tender in small units provides maximum safety (especially for a noob like me).
Any advice greatly appreciated.
The government has a right to know where every dollar of your wealth is located or spent. That's what Madison, Franklin, Washington, and the other founding fathers risked their lives for, right?
I buy my gold outside the USA... In Vancouver to be specific since I travel there frequently. I buy in small amounts (under 10oz at a time) and only in CDN quad 9's or five 9's) from one of these retailers (depending on which one has the better spread):
http://www.bullioncoinsandbars.com/products-gold-coins.htm
or,
http://www.vbce.ca/index.cfm?fuseaction=fx_services.Gold&Silver
The coins come in plastic, vacuum sealed from the mint so I know it's not been tampered with.
I also buy the silver maples in a 25oz RCM container from one of those places, again, depending on whomever has the best lowest "Vig" that day.
I pay cash and I never get asked for my name or address.
Thank you!
Someone wants to buy a lot of gold, cheap.
The correct quote is "All that glisters is not gold." Shakespeare. Then as now.
I'm loading up on tungsten miners!!
Per wikipedia, 75% of production comes from China.
What else do the gold bugs need? COMEX manipulation with an impending short covering blowup? Tungsten bars? India & China loading up?
Who is making up all this non-sense? Just trade. Go long when it's going up go short when it's going down. No need to worry about ridiculous headlines.
Yeah, I'm sure everything will work out just fine. Just fine.
.
Very well, don't believe your own eyes.
You're not qualified to mow my lawn.
All of the gold is in Saudi Arabia, they no longer accept paper money for oil, and haven't for some time. Fort Knox is empty, the Comex warehouses are a joke, the vault under the NY Fed has more rats than bars.
I agree with most of the sentiment echoed here - buy physical. I loaded up at $720 / oz as soon as I got back from Ireland in 2008. Glad I did!
Remember this story?
Ethiopia's national bank has been told to inspect all the gold in its vaults to determine its authenticity.
It follows the discovery that some of the "gold" it had bought for millions of dollars was gold-plated steel.
http://news.bbc.co.uk/2/hi/africa/7294665.stm
Wow, gold plated steel? There were drug dealers in my high school who could have busted that one.
While handling the bars somebody should have noticed that. The steel bars have less then half the weight.
And just how many Ethiopians have handled large gold bars before, do you think? It's easy to fail at recognizing something you've never seen or handled before. Steel is still pretty heavy. I could have been fooled with it 15 years ago.
At least you can use FRN as toilet paper. Gold, not so much.
Just the gold plating on that tungsten bar is worth more than a million toilet rolls of the USD.
I tried using a shotgun to wipe my ass. Bad idea! And the shit, blood, and pieces of anus were a nightmare to clean up. No, FRN are much better as toilet paper.
This is sick. Funny, but still sick.
PS. Load it with birdshot. Good for getting the klingons off.
tungsten money drives out the gold
US Government - hard at work for the American people - operating the biggest Ponzi Scheme in the history of mankind - the US Economy.
Snoop Dog knows GOLD,,,,edit.... BITCHES
My bet is on the bank being JP Morgan.
Nope credit suisse. It's got to be.
I don't think so. Credit Suisse isn't a clearing member bank of the London market, where this probably came from.
I wish i knew their whole structure. I know deutsche banks is thier jp morgan. But I don't know what thier lehman (now morgan chase) is. Lehman used to do all the gold and silver manipulation which morgan chase had to take over. Or lehman did silver and bear sterns did gold. I forget.
bear stearns, passed on a big silver short book, to JPM
Tungsten has a very high melting point (6192 deg f) , and is very difficult to work. This is either a head fake of monumental proportion or this bar is but one in a large manufacturing run.
then how do you 'splain this:
http://www.tungsten-alloy.com/en/alloy11.htm
http://www.tungsten-alloy.com/en/alloy11.htm
That is what you call a "large manufacturing run".
Both?
gads, what next? only certifiable gold in flakes or grains?
These guys make tungsten alloys as gold substitution for souvenir and decoration purposes...ONLY ... ROTFL
http://www.chinatungsten.com/
Their servers seem to be a bit maxed out at the moment.
Beware bars marked 24 ct.
And check out this pic:
http://www.chinatungsten.com/Tungsten-Alloy/Tungsten-for-Gold-plated-Application.html
AHAHAHAHAH
"We are well accustomed to exploit more innovative applications of tungsten products. Gold-plated tungsten is one of our main products."
There you have it.
That is so fucking awesome, it's the best thing I've seen in ages. Seriously, I love being alive right now. Oh the things one can see if one only looks! Ha!
If you can alloy tungsten and gold identifying fake coins or jewelry becomes much harder.
Announcement of “Tungsten as a Gold Substitute”from Chinatungsten Online
Chinatungsten Online is honored to be paid much attention recently, meanwhile we feel so sorry that some people are misunderstanding our company and our products.
As Mike Hewitt commented our company and questioned us on www.dollardaze.org, www.Howestreet.com, www.safehaven.com, www.24hgold.com/english/home.aspx, and www.numismaster.com, etc., we felt insulted and we have to make an announcement for this case. We hope these websites and many other websites that have the similar comments can link to this announcement to help restore Chinatungsten Online’s reputation.
In order to be known better, we would like to introduce our company:
Chinatungsten Online specializes in manufacturing and offering pure tungsten, tungsten alloy, tungsten carbide and tungsten related products for over 2 decades. As a professional company in tungsten business, for the sake of surviving in the harsh international competition and enlarging our market, Chinatungsten Online is always studying and innovating tungsten products depending on their qualified tungsten products, advance technology, excellent credit, modern facilities and scientific management, and with our Chinatungsten Online employees’ concreted efforts and efficient operation, we have obtained ISO9001 Certificate several years ago.
Owning to its excellent properties of tungsten such as high density with small volume, high melting point, excellent hardness, superior wearing resistance, high ultimate tensile strength, high ductility, it always be used such as darts, golf club, fishing weight, ballast in yacht, racing car, and aircraft; Also because of its properties like high temperature resistance, low vapor pressure, nuisance free, non-toxic and environmental friendly, good corrosion resistance, wonderful shock resistance, it can also used as heat sinks, crankshaft, counterweight in oil drill, mine exploitation; due to the properties of high radiation and/or adsorption capability, it normally adopted in the medical and industrial radiation shielding equipment such as source holder, collimator, isotope container, nuclear syringe. Its reduction in press down-time, high impact resistance and crack resistance make it suitable for extrusion die, etc. Depleted Uranium was used to be a very effective weapon, but it can cause severe pollution. Thus, tungsten is now widely used as a substitution in some parts of military products nowadays. As you can see, tungsten alloy products have many applications; gold-plated tungsten is just one of main field. Chinatungsten Online is studying and researching tungsten area for more than 20 years, and now have gained a great number customers home and abroad. All our products are for the convenience for human being’s better life and suitable for the world sound development. More details, please visit our website www.chinatungsten.com, www.tungsten-alloy.com. Meanwhile, we can offer pure tungsten, molybdenum, tungsten darts?bucking bar, tungsten wire, tungsten powder, tungsten heater, etc.
As Mike Hewitt asked “What kind of customer is this company looking to sell its imitation gold products to and for what purposes are they intended?”, we would like to say our company is not trying to imitate gold products and it is not sold as real gold but as souvenir or present or it can be greatly used in the industry business or even a way to defense gold thieves.
Tungsten alloy products with gold plated could be regarded as the special present for some fields. If you are in an international enterprise, a broker in stock, manager in a big insurance company, you can use our tungsten gold–plated bars engraved with your company’s name as souvenirs or present to your VIP customers. It is a very decent present without costing too much, and also could attract more customers for your business.
We also provide tungsten bar and tungsten ring plated with gold or platinum. It can be a very delicate and beautiful present for your lover, husband and wife, or for your golden jubilee. Since tungsten alloy bears a special property of longevity and high durability. In China and many other Asian countries, when tungsten is utilized to make rings, it always implicates the love between lovers or couple could be everlasting. Its hardness makes it ideal for rings that will resist scratching, are hypoallergenic, and will not need polishing, which is especially useful in designs with a brushed finish. Especially, we can offer engraving service, the boyfriend or husband can engrave their name or the words they would like to express to their lover. It could be quite interesting and romantic.
Tungsten gold-plated bars are the best choice if you are a gold dealer and attend some trade fair or put your gold products in the showcase. In case your real gold being stolen, you can choose tungsten gold-plated bars to reduce any possible loss.
Besides, tungsten alloy products could also made as gold-plated tungsten wire which posses a better electric conductivity, and contribute greatly to the world industry development. Also it saves the energy and poses no pollution threat to the environment and thus to achieve a sustainable development.
Here we would like to confirm that we always don’t want our clients use our products for some illegal purposes. However, we can not deny some of our clients buy our gold–plated tungsten bars for the illegal purposes, even maybe some national bank gold vaults have our products, but it is unfair to question our products, even our company. If the Iraqi civilians are killed, should we blame American’s anti-terrorism war? If someone died because of war, should we close the entire ordnance factory? If someone is murdered, should the one who sell the knife be published? That’s definitely ridiculous.
That article also mentioned “what exactly are the ‘more innovative applications of tungsten products’ that this company is hinting at?”, we are not hinting anything, and we think Mike Hewitt know little about the common sense of tungsten industry, let alone powder metallurgy technologies, refractory metal, tungsten alloy products. His comment has greatly harmed our reputation and misled many people. And he is irresponsible for those individual who loves gold and the whole country and may cause numerous problems to the financial world.
We have demonstrated most of our products clearly in our website http://www.chinatungsten.com/. And also we have introduced a lot in the above paragraphs. Chinatungsten Online offer tungsten products applied in the above applications, and we offer gold-plated tungsten products just for the handicraft or souvenir. Although the gold-plated tungsten is a fake gold, it is of high quality tungsten products.
If you have any questions about our products, please email us to sales@Chinatungsten.com.
And we wish to cooperate with any media or website that really care about the financial market order and tungsten industry, and Chinatungsten Online can offer free information about our technologies, latest news, and most advanced invention of tungsten products because we are now running the world’s biggest e-news website about tungsten industry www.ctia.com.cn for more than 10 years. You may find as much information as you like.
So this announcement is firstly put on the www.ctia.com.cn, we wish those websites we have mentioned at the beginning of this article can link to this announcement. Here we extend our gratitude for your kind cooperation.
Thanks for your time and your attenton to us!
Chinatungsten Online
2nd,Mar. 2010
Xiamen, China
Oh man. They're crooked as a dog's hind leg.
Just serving the markets. They are pretty ballsy to state that national governments "may" have bought their gold ba--er, novelty trinkets.
I find this message both refreshing and terrifying. Like finding a tall cool glass of Squirt soda somehow preserved since 1975.
MMMMmmmmm.....Squirt
you can still find squirt in some rural PA towns
Whoa. Things took a definite left turn at Albuquerque, around paragraph 11. Yikes.
I think it's an absolutely excellent, truly comedic turn in the farce that has become the modern global economy.
verify tungsten with a ultrasonic thickness gauge. The speed of sound in gold and tungsten are very different
500 g = 17.6 oz = $19,718, fyi
Actually there are 31.103 grams in a troy oz, so 500 g = 16.075 oz. fyi
Troy != Avoirdupois
Golly, does this mean there might not be as much gold out there as they claim?
Foundry marks? Where are they?
Speculation here:
They might have scrubbed them as a courtesy to the bank.
Here is the link mentioned in the video. Fascinating read:
http://viewzone.com/fakegold.html
That entire website is from outer space.
Jim Willie was RIGHT
Yes, the first time I heard about tungsten FakeGold was some months ago from one of Jim Willie's articles.
Looks like he IS as connected as I have read.
I guess we should be looking forward to a Jim Willie going CRAZY in his next article!
oh SNAP!
Fort Knox is full of tungsten, Clinton better hope he dies before this is discovered or it's off with his head.
He's going to die. Him and Dick Cheney will have heart explosions from all the fucking guilt they carry.
Nope - the best part of being a sociopath is there is no guilt!
Best, and worst. For one to have No morals would mean that one would know no pleasure, sadomasochism aside.
Quite the opposite I'm afraid... no morals = pleasure with no guilt!
I say one can not enjoy life if morals are taken. Empathy is the truest feeling, without it, humans are no more.
I think that's why his wife does all those overdramatic emotional responses. To help his emotionless ass learn how to recognize them. To us she just looks freaking crazy and over the top. LOL
Nice but how come it hasn't helped all the other narcissistic asses in DC?
Potential way to check your coins - Not advertising for them, but one of the options I am looking at for my gold coins.
http://www.fisch.co.za/home.htm
Actually the weight and size would be correct with a quality tungsten fake - passing the Fisch test. It wouldn't sound right however, next to a 999 fine.
Good thing I bought most of my gold ten years ago when it was so hated that nobody would bother to fake it. Also it's probably not economic when gold was at $300 an ounce.
You can buy a Fisch device to test for obvious and poorly done fakery. I run all my coins through it just in case. Don't think it would catch this however.
Confidence lost. In the second year A.L.(After Lehman), what you can't see, you don't get. The only thing you can believe is what is H-A-P-P-E-N-I-N-G. Gold in a hole might as well be rock, pay the fiddler an you get to dance.
Very interesting story. But, what bank and where were these bars minted?? Allegedly, the 400 oz bars were the only ones that were in question. If it is wide spread as the Chinese claim, what is the real price and availability of gold?
Mmmmmmmm...salted bars...*Homer drooling sound*
I'm with Gordon Gekko-
JP Morgan just reeks of this.
Remember when china/ hong kong asked for all their London gold in physical? Gold went to 1040 onward?
London had to go hunt it down on the open market.
I wonder howuch of the IMF / physical deliveries is a tungsten brick
What it boils down to is, people suck. They don't mind selling you talcum powder and calling it coke. You gotta test it first. Lemme try some of that pink Peruvian flake....Mmmmmm!!! Freezes the gums!!
So whether it's a $100 bill or a 1/2 kilo brick of gold, ya gotta test it for authenticity 'cause people suck.
Animals wouldn't do this to each other. Can you see a nice panda bear trying to pawn off a tungsten brick as pure gold to, say, a parakeet? Even one who didn't know any better because it was bird-brained?
Yup. Even my local Burger King now has a machine to check for fake $20's. The manager told me they had been flooded with the fakes the last year or so, and the cashiers are too dumb to detect a bleached $1 that has been printed over.
Are you surprised? They're too dumb to hold the pickle and mayo when you ask them. It screws up reading the colorful Whopper assembly flowchart.
18,000 fucking hamburgers later and they still can't do that simple task.
I haven't heard that "Have it your way" jingle in a long time...wonder why.
Although it has nothing to do with the story, this is by far the best post of the thread!
As for the story, I say hold onto that bar...it might be worth something when the gold bubble pops.
.
"ya gotta test it for authenticity 'cause people suck"
Evil people suck...nice people swallow...LOL.
The timing IS suspicious...crooked "bankers" massively short paper PM's with next to no physical to deliver...false Chinese stories last week...and the IMF looking to sell.
These are the times that try men's souls ;-)
I have always bought coins (not bars) for the simple fact they could be easily traded...and easily dispersed/hidden...coin forgery profit margin is too low unless we're talking Gulag wages...and in the end you will be trading them with a merchant/provider...not an assayer.
If you have bought from a reputable dealer it's a non issue...IMHO.
nmewn
In the animal kindom, everybody knows exactly where they stand...in the food chain.
"We are well accustomed to exploit more innovative applications of tungsten products. Gold-plated tungsten is one of our main products."
There you have it.
Load up on the miners while they are still cheap. Only "true gold" out there right now until this mess is sorted and your hoard is verified. "True gold" and "Verified gold" should skyrocket in price....the market is probably mutliple times more short gold than anyone at GATA would likely even estimate
Won't this have a negative effect first?
maybe but the phys market is extremely tight right now with how much ever fake gold out there in circulation....take that out of the mix and its a massive short squeeze imo
Published a few months ago but still relevant.
---------------
Tungsten gold coins, bars big business in US
Published on November 19, 2009 15:27:38 IST
By Jim Willie
In 1964 the USGovt introduced the zinc dimes clad with silver. They at least admitted the debauchery publicly. Now pre-1964 silver coins are all considered different, and valued differently too, higher. Rome committed the same coinage fraud 1900 years ago. Their Empire went bust as the city burned almost concurrently. Ayn Rand is a guiding light for Alan Greenspan, the enabling destroyer of the US banking system, destroyer of the US household archipelago, and dispatcher of the US industrial base to Asia. He is the hero icon worshipped by Wall Street.
The irony is thick, that his career was spent following Old Europe orders that delivered the slow motion coup de grace to the American Empire. Ayn Rand wrote "If you want to know when a society is set to vanish, watch the money. Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of moral existence. Destroyers seize gold and leave to its owner a counterfeit pile of papers."
The Chinese are learning this lesson the hard way, challenged to convert their USTreasury Bonds and USAgency Mortgage Bonds into true wealth before the paper becomes untradable. Actually, the bonds will eventually be redeemed by the USFed with newly printed money, when an avalanche occurs of foreigners seeking redemption en masse. For almost ten years they have been exchanging their finished products to the US & West for paper with ink on it, in questionable stored wealth. The Chinese are cashing in on their paper, trading it for new global power.
NEW TUNGSTEN MINE DISCOVERY
The tungsten deposits come in very high grade ore, located in shallow rectangular deposits dispersed widely across the world, segregated in unusual vault heap leach mineralizations. In October, the Hong Kong bankers discovered some gold bars shipped from the United States were actually tungsten with gold plating. This is the exact same Modus Operandi as the silver clad zinc dimes from 45 years ago. History repeats itself.
The parallels to mortgage bond fraud with either subprime borrowers or multiple property titles used in bond securitization is easy to spot. A consistent theme runs through the American management of finance and dissemination of fraudulent assets on a global basis. Tungsten gold bars is a feat difficult to surpass. Credit must be given for not leaving any potential for fraud untapped. Refer to insider flash trading, naked shorting of bank stocks, commodity trading on behalf of the USGovt, and much more. No disrespect is intended for the trillion$ counterfeits of superstar grade.
Refer defense appropriations, USTreasury Bond sales beyond issuance, and missing Fannie Mae funds. These are legacy crimes.
The initial discovery was something like four gold bars, which the Hong Kong bankers drilled invasively to test the contents. Reminds me of drilling the earth and measuring how many grams of gold per tonne. The HK bankers hoped to have 99% gold yield in their drill program for the resident bars. They found something like 1% instead and 99% tungsten.
By the way, tungsten sells for less than $70 per ton, which makes its swaps for gold to be 60x more profitable than silver bar swaps. Another handy usage for the Gold/Silver ratio in calculations. The hunt was on. Now not a single assayer on the planet is available, as all are tied up. They have been commissioned to test the gold bars shipped from the United States of Fraudulent Banker America in their own bullion vaults.
They use basic methods of four drill holes with direct assay of shavings, but also less invasive methods like electro-magnetic waves to examine the metal lattice structure. When highest level methods are needed, they turn to mass spectrometry. NOW ALMOST NO GOLD BARS WILL LEAVE THE LONDON OR NEW YORK METALS EXCHANGES WITHOUT SOME AUTHENTICATION, AS DISTRUST IS WIDESPREAD.
The global bankers must deal with toxic bonds and phony gold bars. Talk circulates that the entire contents of Fort Knox might have swapped a decade ago. Evidence is being accumulated and compiled. The assayers have also been commissioned to assist in authentication of gold bar delivery the world over from the US exchanges. Current estimates among the gold trader community run well past a few hundred thousand 'salted' gold bars, maybe over a million. So the introduction to sophisticated Wall Street methods of currency management during the Decade of Prosperity had a side game running simultaneously. In an age where the lines between patriotism and treason are blurred, this tungsten episode brings new meaning to the word HEIST.
BREAKDOWN AT GOLD EXCHANGES
The bust cometh, and it will be spectacular. The stories told in the press will be peculiar, since not told objectively. The headlines might be a comedy, with phony reports of foreign subterfuge, when the perpetrators are home grown. The focal point for attacks is actually London at their metals exchange. The early October events included numerous offers by exchange officials to settle gold contract deliveries in cash with a 25% extra vig bonus. Much gold was drained from London on demanded delivery, thanks to a small army of lawyers, a small blizzard of contracts, and a few key judges at the courts. They were all Asians, the majority Chinese.
Gold was taken, thus enforcing futures contracts, which happen to be binding contracts. The pressure at the end of November will be worse to make good on gold contract deliveries. Recall the stories back in April for a Deutsche Bank rescue by the Euro Central Bank with a very large (over one million oz gold position) provision made. DBank was in trouble. The pressures are mounting every couple months. Next March will be a climax of the breakdown, or else June.
Breakdowns come from extreme pressures. Each delivery month event includes more gold removed from the London exchange, more gold demanded from it, and more movement toward a breakdown. So the next events have even more pressure, with less gold supply and continued relentless demand. Recall also that the exchange, along with the COMEX in the Untied States, exempt certain parties from maintaining 80% collateral when they short gold & silver with paper contracts.
Thus the name suppression, or better yet corruption. They are being caught in their naked shorting game. The December 1st events surrounding settlement delivery demands will be more contentious and stressful than October 1st. In sequential manner, the March event will be even more pressure packed, with precious little physical gold in store and more targeted Chinese delivery demanded. The June event will be even more pressure packed still, a backup date for a potential breakdown if it does not occur in March.
The common denominator for the parties demanding gold delivery in London is simple: they are all Asians, all, as in all, and the great majority are Chinese. One can safely conclude that the US and British banks will be broken with the nexus being their gold management, which underpins the USDollar. Other pressure is sure to mount. Not the kind of pressure you might imagine. Pressure is mounting for senior bank executives and politicians to start revealing the identities, deeds, locations, and dates of the gold tungsten swap, the mortgage bond firehose, and other pervasive frauds protected by the USGovt and British Govt.
Courtesy: www.GoldenJackass.com
http://www.commodityonline.com/futures-trading/technical/Tungsten-gold-c...
It would be a huge waste of time to fake junk us silver,hence it is good to have a ammo can full of dimes at the first national bank of the back yard;)
lol
Junk dimes and quarters are very smart. Not worth stealing for most people. Can't really be confiscated under any circumstances. Smart guy, you.
hellfire & gold-damnation. sell yer gold & buy tungsten
The 500g think is really weird. Either it was done for some sort of publicity stunt (i.e. planted for the tv) or things are way more serious than previously thought. Making 500g fakes is not trivial.
looked like granular tungsten, not solid. a low budget, small time scam. a legitimate bar, was hollowed out, filled, and resealed.
Almost 100% of Central Banks holdings are 18 Kilos...if they do it on 500 grammes I would suspect that all the 18 Kilos are already fake
And what makes this even more worrying is that it comes from Germany...I don't imagine how in Switzerland the smelters looks like. Ask MKS Finance and their smelters what they are actually smelting...and what they are sending around the world...
To think of all the old light bulbs I've thrown out
You know since google crawls this site for keywords to direct advertisment. If we want to get rid of the gold ads. We'll have to use a codeword. I say we start calling gold "facebook" then in a few weeks we'll be buried in facebook ads. Then when Master Bates sees one he can go LOOK FACEBOOK and he'll go there.
Facebook bitches!
sed 's/<g*ld>/<FACEBOOK>/g' "zerohedge.com\*"
or something like that. something which would actually work...
Ok. Let's reset them then we can start using the code.
TwitterIsKing btw.
gold`); DROPTABLE Advertisments;-- ?
Hopefully google doesn't sanitize it's database inputs.
TwitterIsKing?
"Twitter" and "Facebook" to have a sharp move up with global concern and attention moving to the "sterling", which ironically is THEIR CODEWORD for the doelarr. Sterling is holding a lot of US treasuries, and the Brit 'ish are inbetween a rock and a hard place concerning, well, everything (they might re-elect Brown!). 'Merica is in the same type of situation, a junkie looking for a fix; except 'merica has been a lot larger of a customer. The currencies will move together, with the sterling coming off the wall first. It will lose ground to the emerging currencies, namely NZD, AUD, and CAD. These currencies will have a decent 2010, especially in comparison to all other currencies, but due to their housing bubbles, they too will have a downturn. These curencies will show weakness in 2011, as will the Yuan. Of course the yuan will be unpegged later this year (May/June?) and it will have a 10%-20% rise vs. the doelarr. The Euro should continue to tighten around $1.35 and will move up to $1.40 by two weeks. The Doelarr could retest last nights move towards 81.5 dxy in the next 24 hours. Gol...er..."twitter" to see increasing value at $1118 an oz and resistance should move to $1125 an oz by later this week. All things bonds, except some corperate, to continue to get crushed. Twitter snitches!
http://www.youtube.com/watch?v=w94jbuRlJ48&feature=related
"droptable" LOL!
Yep. Twitter dynamics rule:
http://www.youtube.com/watch?v=B7OUeUb4C40
facebook, bitches.
facebook facebook facebook facebook facebook facebook facebook facebook facebook facebook facebook facebook
So funny Hephasteus!
I always read the articles about facebook before everything else!
I say we call it "pornography"...at least the ads will be interesting.
Interesting article. I hope this gets some air play. I put this article up on Digg. I don't know why Tyler doesn't have Digg widges but if you want to vote on the article here is the link:
http://digg.com/business_finance/German_ProSieben_TV_Channel_Finds_500_Gram_Tungsten_Bar_At_W
can u dig it?!?!?!
I gotta put on my tungsten-foil hat when you FACEBOOK idiots start talking all crazy.
The FACEBOOK is there, was there and will always be there. The US govt wouldn't lie to us, especially about how much FACEBOOK is in ft knox.
:-)
So now we have a huge LBMA gold fraud along with world wide government off balance sheet accounting bond fraud.
The great debt and asset value unravel continues.
http://www.businessinsider.com/the-tungsten-filled-gold-bar-conspiracy-g...
we were discussing "nutter" conspiracy theories?
I suppose the implausible seems a little more plausible today huh?
Imagine that. People lying for their own financial gain.
Now let's talk about the Fed.
This is a great opportunity. I've been doing it and it works.
Check it out: http://www.mysilvereagle.com/
Interesting timing for this German discovery. Especially since this story broke last month.
New Test Detects Tungsten Gold Fake Bars and Coins
"This technological application has been developed in response to the growing threat to the bullion community from tungsten/lead alloy adulteration. The threat arises from unscrupulous individuals and possibly institutions that have been removing precious metal from the center of bullion bars and replacing it with tungsten or tungsten-lead alloy."
"This CIGA’s new detection technologies are unique to the bullion market. They can detect tungsten/lead and other impurities and cavities that are hidden at any depth inside the bullion product, no matter how large or how small, and are 100% completely non-destructive and safe.
In addition, he is are preparing to produce tamper-resistant holographic-sealed assay certificates with the analysis results for the bullion item that bear a digital image of the bullion product and show the serial number and hallmark." if present.
http://beforeitsnews.com/story/12305/New_Test_Detects_Tungsten_Gold_Fake...
Interesting timing for this German discovery. Especially since this story broke last month.
I thought it was interesting timing too, given that it was a German refinery finding with just this week the Greek gubermint gassing on that the Nazis had stolen their gold and only partly compensated them. Maybe this a way for the Germans to say that the Greek gold was fake to begin with?
Why do you think that the Chinese Gov is telling their citizens to stock up on SILVER coins! :-0
There's only one thing that mankind hasn't faked - death.
Are you sure?
(I would talk to Ken Lay about that)
yes, and he's in Paraguay somewhere, with soon the new resident Bernie.
Ken Lay?
I have it on good authority that Elvis lives on a private cruise ship, traveling the world's seas but never setting foot on land.
Announcement of “Tungsten as a Gold Substitute”from Chinatungsten Online
Chinatungsten Online is honored to be paid much attention recently, meanwhile we feel so sorry that some people are misunderstanding our company and our products.
As Mike Hewitt commented our company and questioned us on www.dollardaze.org, www.Howestreet.com, www.safehaven.com, www.24hgold.com/english/home.aspx, and www.numismaster.com, etc., we felt insulted and we have to make an announcement for this case. We hope these websites and many other websites that have the similar comments can link to this announcement to help restore Chinatungsten Online’s reputation.
In order to be known better, we would like to introduce our company:
Chinatungsten Online specializes in manufacturing and offering pure tungsten, tungsten alloy, tungsten carbide and tungsten related products for over 2 decades. As a professional company in tungsten business, for the sake of surviving in the harsh international competition and enlarging our market, Chinatungsten Online is always studying and innovating tungsten products depending on their qualified tungsten products, advance technology, excellent credit, modern facilities and scientific management, and with our Chinatungsten Online employees’ concreted efforts and efficient operation, we have obtained ISO9001 Certificate several years ago.
Owning to its excellent properties of tungsten such as high density with small volume, high melting point, excellent hardness, superior wearing resistance, high ultimate tensile strength, high ductility, it always be used such as darts, golf club, fishing weight, ballast in yacht, racing car, and aircraft; Also because of its properties like high temperature resistance, low vapor pressure, nuisance free, non-toxic and environmental friendly, good corrosion resistance, wonderful shock resistance, it can also used as heat sinks, crankshaft, counterweight in oil drill, mine exploitation; due to the properties of high radiation and/or adsorption capability, it normally adopted in the medical and industrial radiation shielding equipment such as source holder, collimator, isotope container, nuclear syringe. Its reduction in press down-time, high impact resistance and crack resistance make it suitable for extrusion die, etc. Depleted Uranium was used to be a very effective weapon, but it can cause severe pollution. Thus, tungsten is now widely used as a substitution in some parts of military products nowadays. As you can see, tungsten alloy products have many applications; gold-plated tungsten is just one of main field. Chinatungsten Online is studying and researching tungsten area for more than 20 years, and now have gained a great number customers home and abroad. All our products are for the convenience for human being’s better life and suitable for the world sound development. More details, please visit our website www.chinatungsten.com, www.tungsten-alloy.com. Meanwhile, we can offer pure tungsten, molybdenum, tungsten darts?bucking bar, tungsten wire, tungsten powder, tungsten heater, etc.
As Mike Hewitt asked “What kind of customer is this company looking to sell its imitation gold products to and for what purposes are they intended?”, we would like to say our company is not trying to imitate gold products and it is not sold as real gold but as souvenir or present or it can be greatly used in the industry business or even a way to defense gold thieves.
Tungsten alloy products with gold plated could be regarded as the special present for some fields. If you are in an international enterprise, a broker in stock, manager in a big insurance company, you can use our tungsten gold–plated bars engraved with your company’s name as souvenirs or present to your VIP customers. It is a very decent present without costing too much, and also could attract more customers for your business.
We also provide tungsten bar and tungsten ring plated with gold or platinum. It can be a very delicate and beautiful present for your lover, husband and wife, or for your golden jubilee. Since tungsten alloy bears a special property of longevity and high durability. In China and many other Asian countries, when tungsten is utilized to make rings, it always implicates the love between lovers or couple could be everlasting. Its hardness makes it ideal for rings that will resist scratching, are hypoallergenic, and will not need polishing, which is especially useful in designs with a brushed finish. Especially, we can offer engraving service, the boyfriend or husband can engrave their name or the words they would like to express to their lover. It could be quite interesting and romantic.
Tungsten gold-plated bars are the best choice if you are a gold dealer and attend some trade fair or put your gold products in the showcase. In case your real gold being stolen, you can choose tungsten gold-plated bars to reduce any possible loss.
Besides, tungsten alloy products could also made as gold-plated tungsten wire which posses a better electric conductivity, and contribute greatly to the world industry development. Also it saves the energy and poses no pollution threat to the environment and thus to achieve a sustainable development.
Here we would like to confirm that we always don’t want our clients use our products for some illegal purposes. However, we can not deny some of our clients buy our gold–plated tungsten bars for the illegal purposes, even maybe some national bank gold vaults have our products, but it is unfair to question our products, even our company. If the Iraqi civilians are killed, should we blame American’s anti-terrorism war? If someone died because of war, should we close the entire ordnance factory? If someone is murdered, should the one who sell the knife be published? That’s definitely ridiculous.
That article also mentioned “what exactly are the ‘more innovative applications of tungsten products’ that this company is hinting at?”, we are not hinting anything, and we think Mike Hewitt know little about the common sense of tungsten industry, let alone powder metallurgy technologies, refractory metal, tungsten alloy products. His comment has greatly harmed our reputation and misled many people. And he is irresponsible for those individual who loves gold and the whole country and may cause numerous problems to the financial world.
We have demonstrated most of our products clearly in our website http://www.chinatungsten.com/. And also we have introduced a lot in the above paragraphs. Chinatungsten Online offer tungsten products applied in the above applications, and we offer gold-plated tungsten products just for the handicraft or souvenir. Although the gold-plated tungsten is a fake gold, it is of high quality tungsten products.
If you have any questions about our products, please email us to sales@Chinatungsten.com.
And we wish to cooperate with any media or website that really care about the financial market order and tungsten industry, and Chinatungsten Online can offer free information about our technologies, latest news, and most advanced invention of tungsten products because we are now running the world’s biggest e-news website about tungsten industry www.ctia.com.cn for more than 10 years. You may find as much information as you like.
So this announcement is firstly put on the www.ctia.com.cn, we wish those websites we have mentioned at the beginning of this article can link to this announcement. Here we extend our gratitude for your kind cooperation.
Thanks for your time and your attenton to us!
Chinatungsten Online
2nd,Mar. 2010
Xiamen, China
I don't know if there's any German speakers who can translate the actual voice from this video.
I have to question the validity of what's being said as the person who has put this video on the web has added the text to the video & superimposed his thoughts over the original.
So you have to wonder what was actually said by the man in the video.
Did he use the word "Tungsten" or is he just pointing out a rare example of a fake gold bar filled with something else.
Or did the person who put up the video on the web jump to the conclusion it is Tungsten?
Another query must be - what is inside this bar.
Tungsten is a white metal & the contents of this bar are black.
http://images.google.com.au/images?q=tungsten
(I am sure if you cut a bar of silver in 1/2 it will not appear black.)
Most goldbugs will jump to the conclusion that the bar is filled with Tungsten but as yet this has not been authenticated.
What is the metal inside the bar & what does the refiner say about the inside?
If he doesn't mention the word Tungsten then we can preseume that the person putting the video on the web has an agenda.
I wouldn't go so far as to say that I am fluent, but I understood enough of the audio and the overall ideas to say that it appears correct to me. also, the translation from the audio is in the white text, which appears correct without alteration. The text in yellow appears to be from the person who posted the video.
Wolfram
Thus the "W" atomic symbol for Tungsten
One thing we have to clarify is whether it was from a central bank, or from a more private financial entity, or even a bullion bank.
This also has implications for leasing, the underlying asset has to be gold bars.
GOLDMAN Bitches!
www.BullionAnalysis.com will verify bullion bars and coins with 100% certainty and completely non-destructively.
This report detects both the general ignorance of bankers about commodities and also their general inaccurate reading comprehension. While the expert witness provided by German medium described a counterfeit gold bar as "angekauft" by a bank, the witness didn't clarify the bar to have been delivered against any kind of warrants; so this witness doesn't support the hysterical and insane babbling of above postors about LBMA or COMEX gold. Had the ignorant and tiros perused COMEX's or LBMA's contract specifications, they should have discovered the German report's 500 gm bar to be undeliverable. As an expert gold trader who has both delivered and also accepted delivery against COMEX gold futures, be certain of COMEX requiring assays of any new gold bar by exchange-approved independent assayers.
What the heck are tiros? Since you hold yourself out as the Great Anonymous Gold Trader, what is your expert pontification on the 25% premium offered to forgo delivery?
I wonder when this will hit the MSM, ZH way ahead of the curve! Thanks!
The MSM will bury this story under direct orders from their corporate masters.
I would not be surprised if we don't hear anything about it.
That is how corrupt and part of the system our Mainstream Media outlets are.
lol see physical gold is too risky, just stick to GLD........haha
on a serious note, i think its best to stick to 1oz to protect yourself from fakes, it would be very difficult to produce a fake if its 1oz or less.
yes folks, gold is in permanent and severe backwardation....the paper gold market is a total fraud....and fucktards of the world unite in your rage against gold....
Quit fucking around and simply show the foundry markings or STFU.
Who produced the supposedly tungsten filled bar, dammit.
If the bar is fake why would the foundry markings be real?
I only buy old Roman gold coins and can confirm their authenticity by their date. Most of mine are clearly dated "12 BC" and "13 BC".