I have posted this primarily to get your thoughts on this issue.
Brilliant comments please!
In Ethiopia it were just gold-plated steel bars (=stupid fraud):
– Fake fears over Ethiopia’s gold (BBC NEWS, 13 March 2008):
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.
– Gold scam suspects to defend their case (Capital Ethiopia)
With fake tungsten gold bars we are maybe talking about the ‘Premier League’ of criminals, if this is true.
The IMF sold Gold plated tungsten bars to India ?!?!?!
It’s one thing to counterfeit a twenty or hundred dollar bill. The amount of financial damage is usually limited to a specific region and only affects dozens of people and thousands of dollars. Secret Service agents quickly notify the banks on how to recognize these phony bills and retail outlets usually have procedures in place (such as special pens to test the paper) to stop their proliferation.
But what about gold? This is the most sacred of all commodities because it is thought to be the most trusted, reliable and valuable means of saving wealth.
A recent discovery — in October of 2009 — has been suppressed by the main stream media 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!
Who did this? Apparently our own government.
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!>