>No, I am NOT joking. This is authentic news you can find on the internet. Google it if you wish to verify.
Some months back, China decided to test the gold bars that was issued to them by the Bank of England. The result? 99% tungsten and only 1% gold. The “gold” bars were actually tungsten bars coated in gold.
Tungsten has the same density as gold – but much cheaper. Hence, simply by weighing, you can be fooled easily.
The Chinese of course were not too pleased. They asked for an explanation from the Bank of England.
The reply was that they didn’t know about it either. That’s because they got it from Fort Knox - yeah the same cheating, deceptive USA that bankrupted about everyone in the finance industry.
The total news blackout by the media is quite stunning. Surely this news is a biggie. Not only China is affected, but the whole world is too. Many institutions hold gold bars. US has been issuing these bars for decades. It is suspected that this scandal has been around quite some time and only exposed because some parties (like China) decided to test the gold bars.
Watch the video.
Gold Plated Tungsten Bars- Biggest Financial Swindle In History?
China of late has not been too friendly towards US. Especially after incidents pertaining to the Dalai Lama, sales of arms to Taiwan and even threats from US that if they do not support sanctions on Iran, Israel will strike and China’s supply of oil from Iran would be severely affected.
This fake gold stuff isn’t going to go down well with the Chinese.
On the part of the US, we don’t really know how much gold they have issued around the world that is fake. Whatever it is, if the wronged parties start calling the debts, US is gonna be in some real deep economic shit. Not that they are in good economic shape to start with.
Here’s more news on the Fake Gold Bars Scandal.
Fake gold bars in Bank of England and Fort Knox
Excerpts:
Background
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!
At first many gold experts assumed the fake gold originated in China, the world’s best knock-off producers. The Chinese were quick to investigate and issued a statement that implicated the US in the scheme.
What the Chinese uncovered:
Roughly 15 years ago — during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] — between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes]. Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.
According to the Chinese investigation, the balance of this 1.3 million to 1.5 million 400 oz tungsten cache was also gold plated and then allegedly “sold” into the international market. Apparently, the global market is literally “stuffed full of 400 oz salted bars”. Perhaps as much as 600-billion dollars worth.
The Chinese are not the only recipients of these fake gold bars. A private company in Germany was issued too. Note the very similar configuration – gold plated with a tungsten core.
Largest Private Refinery Discovers Gold-Plated Tungsten Bar
Recently, the German television station ProSieben ran a news story covering W. C. Heraeus in Hanau, Germany, the world’s largest privately owned refinery. In the story, Wilfried Hörner, the head of the gold foundry, shows a 500 gram bar (16.0755 troy ounces) received from an unidentified bank. The bar had the right physical dimensions to be an authentic gold bar, but one of the Heraeus employees suspected something funny. After the bar was cut in half, you can see that the inside is tungsten, with only a coating of gold on the outside.
This is a scam of epic proportions. So why is the mainstream media so silent?
The only way this could happen is with the knowledge of the Government of the USA. That’s why the media is so silent.
