GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Saturday, September 8, 2012

Bob Chapman On The Tungsten Gold Bars

Bob Chapman On The Tungsten Gold Bars

Bob Chapman returns on the Tungsten Gold plated bars scandal after a German TV have found a Tungsten bar sold as gold and professionally counterfeited , Bob Chapman advises against Gold bars if you are not able to check them out very carefully , he prefers coins to bars
German ProSieben TV Channel Finds 500 Gram Tungsten Bar At W.C.Heraeus Gold Foundry With Bank Origin
From my estimate, 500 grams (or about 17.63 ounces) of gold at spot should be about $20,000 (US) instead of just over $20 (US) that Tungsten would be worth. That’s quite a rip-off.
Tyler Durden
March 2, 2010
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.”

12 comments:

  1. I find this stunning, really. Isn't there a way to somehow check this out before purchasing?!

    ReplyDelete
  2. That is insane! Isn't there anyway to run a gold bar through a scanner to see if the metal is consistent throughout? I would imagine a tungsten ring with gold inlay is worth much more than these salted gold bars! http://www.tungstenworld.com/Tungsten-Inlayed-Rings/

    ReplyDelete
  3. It’s wonderful that you are getting thoughts from this piece of writing as well as from our argument made at this place.
    Gold Buying Genie Gold Investment

    ReplyDelete
  4. I check my silver coins and bars with a rare earth magnet from here:
    http://www.silver-dollar.co.uk/magnet/testingforsilver.html

    ReplyDelete
  5. Gold and Silver Price Predictions, Forecast and Outlook for 2013 by: Eric Sprott, Jim Rogers, Mike Maloney, George Soros, Peter Schiff, Robert Kiyosaki, David Morgan, Marc Faber, Warren Buffet over at Silver2012.com.

    Also, information about the best online bullion dealers and more!

    ReplyDelete
  6. Good post, excellent blog, unfortunately there will always be scammers, and this business is no different.

    ReplyDelete
  7. The quality of your blogs and articles and worth appreciating.
    click here

    ReplyDelete
  8. Cool website buddy I am gona suggest this to all my list of contacts.
    computer technology today

    ReplyDelete
  9. Regarding all aspects the blog was perfectly nice. life insurance types

    ReplyDelete

Related Posts Plugin for WordPress, Blogger...