"The last time a story of Tungsten-filled gold appeared on the scene was
just two years ago, and involved a 500 gram bar of gold full of tungsten,
at the W.C. Heraeus foundry, the world's largest metal refiner and fabricator.
It also became known that said "gold" bar originated from an unnamed bank. It is
now time to rekindle the Tungsten Spirits with a report from ABC Bullion of
Australia, which provides photographic evidence of a new gold bar that has been
drilled out and filled with tungsten rods, this time not in Germany but in an
unnamed city in the UK, where it was intercepted by a scrap metals dealer, and
was supplied with its original certificate. The reason the bar attracted
attention is that it was 2 grams underweight. Upon cropping it was uncovered
that about 30-40% of the bar weight was tungsten. So two
documented incidents in two years: isolated? Or indication of the same
phenomonenon of precious metal debasement that marked the declining phase of the
Roman empire. Only then it was relatively public for anyone who cared
to find out on their own. Now, with the bulk of popular physical gold held in
top secret, private warehouses around the world, where it allegedly backs the
balance sheets of the world's central banks, yet nobody can confirm its
existence, nor audit the actual gold content, it is understandable why
increasingly more are wondering: just how much gold is there? And alongside that
- while gold, (or is it GLD?), can be rehypothecated, can one do the same with
tungsten?..."
at http://www.zerohedge.com/news/tungsten-filled-1-kilo-gold-bar-found-uk
at http://www.zerohedge.com/news/tungsten-filled-1-kilo-gold-bar-found-uk
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