Tungsten-Filled 1 Kilo Gold Bar Found In The UK
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.
Click on Image to Enlarge
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?
Read more, two more photos.
Phi Beta Iota: The value of the missing gold in this very small bar is on the order of $15,000 to $20,000. In larger bars such as New York Bank is suspected of systematically diluting, the value would be a double order of magnitude.
All signs point toward a massive financial collapse in the USA immediately following the November 2012 elections. If either of the two corrupt political parties staff the White House, the USA is toast. We desperately need electoral reform in time for November 2012, an honest coalition cabinet, and a crowd-sourced balanced budget such as recommended by We the People Reform Coalition. Both China and Germany are auditing gold; the integrity of the Federal Reserve and especially the New York Bank are in the toilet.
Alessandro Politi: Need for Euro to Default As a Group, Nail the Banks and Restore Integrity of Global Economy (Full Text Online for Google Translate)
Chuck Spinney: For the Record – Government Complicit, Banks Walk Away from Mortgage Crimes with 1% Settlement
Chuck Spinney: How Bankers Own White House, Offer Clandestine Tax Evasion Services in USA
David Swanson: History of Corporate Personhood — How Lewis Powell & US Chamber of Commerce Bought the US Supreme Court
Davos 2012 from Capitalism to Fascism
DefDog: Michael Thomas on Wall Street’s Big Lie
Eagle: I Can’t Take It Anymore! When Will The Government Quit Putting Out Fraudulent Employment Statistics?
Eagle: Obama Pushes Hard to Protect Big Banks from Fraud Prosecutions
Gordon Cook: On the State of Economics – An Exchange Dedicated to #OWS and Society Achieving a Broader Understanding
John Robb: Economic Reality & Political Treason
John Robb: Greece, MF Global, & Crony Capitalism
John Robb: The Pope of the Church of Capitalism / Capo of Government-Sanctioned Financial Terrorism
John Robb: Understanding Pathogenic Behavior
Josh Kilbourn: Bush-Obama End Financial Prosecutions
Josh Kilbourn: John Williams of ShadowStats Discusses Most Recent False Economic Statistics
Journal: Fake Gold Bars from China to India, Made in the USA–Federal Reserve and Bank of NY Accused–Meanwhile, Prison Planet and Bullion Vault Say No
Journal: US Rubin-Summers Tungsten Gold Round II
Koko: 22% US Children in Poverty… + Poverty RECAP
Lynn Wheeler: Why Financial Systems Demand False Complexity and Ignorance…Corruption is Merely a Bonus
Matt Taibbi: GRIFTOPIA – RECAP
MELTDOWN: Al Jazeera Four Part Video Special
Mini-Me: European-US Banking–Tangled Web — Tell Me Again, Why Shouldn’t We Default and Let the Banks Fry? + Financial Terrorism RECAP
Mini-Me: Goldman Sachs Executives Now Changing Their Names and Going to Work as Congressional Staff
Mini-Me: Pressure Increasing on Western Financial Fraud
Mini-Me: Seized USG Bonds are Fake – USG Says So! + Meta-RECAP
Mini-Me: WWIII, from Gold Circles, A Whiff of…? + RECAP
NIGHTWATCH: Financial Crisis Now a Crisis of Fundamentals
Review: Leverage – How Cheap Money Will Destroy the World
Search: China Fake Gold + Fraud RECAP
Search: lord james of blackheath (not) dead + Meta-RECAP
Yoda: The Corruption of America