See other Editorial Articles
Title: Tungsten-Filled 1 Kilo Gold Bar Found In The UK
Source:
[None]
URL Source: [None]
Published: Mar 24, 2012
Author: Tyler Durden's
Post Date: 2012-03-24 17:03:49 by tom007
Keywords: None
Views: 544
Comments: 16
Tungsten-Filled 1 Kilo Gold Bar Found In The UK Tyler Durden's picture Submitted by Tyler Durden on 03/24/2012 16:50 -0400 Australia Central Banks Germany Hyperinflation Roman Empire United Kingdom 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? From ABC Bullion: ABC Bullion received the following email from one of our trusted suppliers this week. Note: It was not ABC Bullion that purchased this bar, the email and photos were sent to us as a general warning. I xxxx'ed out the city's name to avoid any second guessing as to the name of the dealer. 19/03/2012: Attached are photographs of a legitimate Metalor 1000gm Au bar that has been drilled out and filled with Tungsten (W). This bar was purchased by staff of a scrap dealer in xxxxx, UK yesterday. The bar appeared to be perfect other than the fact that it was 2gms underweight. It was checked by hand-held xrf and showed 99.98% Au. Being Tungsten, it would not be ferro-magnetic. The bar was supplied with the original certificate. The owner of the business that purchased the bar only became suspicious when he realized the weight discrepancy and had the bar cropped. He estimates between 30-40% of the weight of the bar to be Tungsten. This is very worrying and reinforces the lengths that people are willing to go to profit from the current high metal prices. Please be careful. Photos of the cropped bars: 1000g Gold bar cut showing inserted tungsten rods Two halves of the cropped bar: Finally, some observations from Paul Mylchreest on debasement: Let’s consider the run-up to Rome’s hyperinflation. I think this comment from http://jaysromanhistory.com “Good Money, Bad Money, and Runaway Inflation” resonates with what’s happening in the US today: “Severus Alexander (AD 222-235) tried to reform by going back to the denarius but, once started, this path of runaway inflation and financial irresponsibility on the part of the imperial government proved impossible to control.” It also seems that the hyperinflation was preceded by some kind of banking crisis, which is an interesting parallel. From “Demise and Fall of the Augustan Monetary System” by Koenraad Verboven: “Papyri show it was common for private individuals to deposit money at a bank and to make and accept payments through bankers.Bankers in the west disappear from view around the middle of the 3rd c… A famous papyrus from Oxyrhynchus from 260 CE shows exchange bankers closing in order to avoid having to change the ‘imperial money’. The strategos ordered the exchange bankers to reopen and accept all genuine coins and warned businessmen to do the same. In 266 CE we find for the first time transactions being expressed in ‘ptolemaeic’ or ‘old silver’ as opposed to ‘new silver’.” The chart shows how inflation remained relatively subdued until a tipping point was reached in the late- 260s A.D Monetary systems can absorb substantial abuse before there is a dramatic impact on the price level. For example, the debasement of the coinage was already accelerating in the early part of the third century A.D., before plunging in the latter part. Indeed, the chart below (apologies for the quality) only shows the trend up to 253 AD. By around 290 AD, the coins were only dipped in silver to give them a coating (<0.5%): >www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/03/bar3_0.jpg">
www.zerohedge.com/sites/d...geroot/2012/03/Bar2_0.JPG
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
Begin Trace Mode for Comment # 14.
#2. To: tom007 (#0)
History is repeating itself again, but this time at a much bigger scale.
The were stories of a bunch of them showing up in Russia and traced back to the US government. I have theorized that the "missing" gold under the world trades didn't really exist. The fact that is was bogus gold has been covered up by its disappearance.
have you ever since this? what do you make of it? "...SEPTEMBER 11th Last minute details: REMOVE BILLIONS IN GOLD BARS ON FLATBED TRUCKS (see below), lock the rooftop doors, turn off the rooftop TV cameras, order news helicopter out of the WTC airspace. No witnesses of the Bell 212 helicopter desired....." Karl Schwarz reports on the movement of billions in gold bars from the WTC basement on the morning of 9/11. Subject: Caller tells of World Trade Center gold movement on morning of 9-11 From: Stargate723@webtv.net (Mark Andrews) Date: Sat, 6 Nov 2004 WAS THE FEDERAL RESERVE BANK COMPLETELY EMPTIED OF GOLD IMMEDIATELY BEFORE THE WORLD TRADE CENTER ATTACK ON 9-11-01? On the morning of September 11, 2001, there were $167 billion dollars in gold bars in Federal Reserve vaults in the basement of the World Trade Center. Since the destruction of the twin towers, there has been much speculation as to what might have become of all of the gold. A female caller to the Bill Bochiers radio program on WLW, Cincinnati (11-06-04) told of a report from her friend who worked at the WTC. The friend said that on the morning of 9-11 she was on her way to her job at the World Trade Center, along the route she normally took. As she turned a corner at the base of the Center, she saw two large flat bed trucks parked at one of the entrances. One of the trucks had already been loaded and had its contents covered by a large tarp. The second truck was in the process of having its bed loaded with stacks of solid gold bars. Both sides of the street were lined by black uniformed troops with machine guns who kept an eye on the operation and on the surrounding area. The bewildered woman kept a distance from the activity and watched as the second truck was loaded, and its contents covered with a tarp. The two trucks were then driven away with the soldiers traveling along as escort. The woman was so stunned by what she had seen that she turned around and did not report to work that morning, which, as it turned out, most probably saved her life when the towers were attacked and destroyed only about an hour later. NO PRIOR KNOWLEDGE? questions Karl Schwarz. KARL SCHWARZ has the big Pentagon picture in hard-hitting analysis: http://www.onlinejournal.com/Spe...chwarz/020205schwarz.html On 911 An Ill Wind Blew To Booker School" http://www.rense.com/general63/wte.htm i have a theory that T.A.R.P. [Troubled Asset Relief Program] is an illuminati joke re their gold and wealth heist(s) from the American people and "covering up" and getting away with it. ================== dailybail.com/home/there-...he-following-part-ii.html "Alan Grayson questions the Inspector General of the Federal Reserve - 05/09/10....who is keeping track of the trillions..."
#15. To: AllTheKings'HorsesWontDoIt (#14)
"...SEPTEMBER 11th Last minute details: REMOVE BILLIONS IN GOLD BARS ON FLATBED TRUCKS Well there goes our retirement.
Some things just jump out at me and vibrate with truth. However difficult it may be for our asleep at the wheel citizens to get their minds around the scale of the evil swindles regularly perp'ed against us, I feel strongly about certain reports that I believe are consistent with the evil greed of the Fed Cons, The BP Drillers, The Weathermen at HAARP, PNAC, etc.,. This report is one such bankers' vibrating dildo. Emphasis on the evil.
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#7. To: Pinguinite, randge, tom007 (#2)
Yes. No one would do this to one bar.
#14. To: farmfriend (#7)
The were stories of a bunch of them showing up in Russia and traced back to the US government. I have theorized that the "missing" gold under the world trades didn't really exist. The fact that is was bogus gold has been covered up by its disappearance.
Replies to Comment # 14. have you ever since this? what do you make of it?
#16. To: AllTheKings'HorsesWontDoIt (#14)
i have a theory that T.A.R.P. [Troubled Asset Relief Program] is an illuminati joke re their gold and wealth heist(s) from the American people and "covering up" and getting away with it.
End Trace Mode for Comment # 14.