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GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM

 
Anonymous Coward
User ID: 933932
United Kingdom
04/04/2010 06:34 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
Tungsten is a very hard and brittle metal at room temperature, and is consequently unsuitable for coinage. It is very dense (although not the densest material known), and has the highest known melting point of any metal. Despite these well-known properties, I am told that the US mint tried to make some patterns using tungsten. The dies did not make much of an impression.

Fred Zinkann has made a pattern coin out of an alloy containing 5% Ni, 3% Fe with smaller quantities of copper and cobalt. The dies reputedly broke after three coins had been made.


[link to www.ukcoinpics.co.uk]
Anonymous Coward
User ID: 933932
United Kingdom
04/04/2010 06:39 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
Those assayer machines seem to only do surface analysis, btw, so they would be worthless revealing these forgeries since they are pure gold plated...did they say 1/8-inch thick? 1/16th?
 Quoting: Gannon


testing the electrical conductivity of the bars is an easy, non-destructive solution. as is testing the speed of sound through the bars via ultrasonic equipment.
Anonymous Coward
User ID: 933932
United Kingdom
04/04/2010 07:03 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
also worth noting that the LBMA is trading the equivalent of all gold ever mined on earth every 76 days.
Anonymous Coward
User ID: 834560
United States
04/04/2010 07:24 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
THAT'S WHERE THE BILLIONS IN BAILOUT MONEY WENT.
REMEMBER THEY NEEDED IT SO FAST OR THE WORLD WAS GOING TO BLOW UP...IF THEY DIDN'T PAY IT BACK PROBABLY WOULD HAVE STARTED WORLD WAR 3..
THEY GOT BUSTED!
Anonymous Coward
User ID: 924816
United States
04/04/2010 07:49 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
Video of the gold plated bars being cut open or it didn't happen.


simply searching youtube for gold tungsten produces this:



not the toughest research job of the day, eh?
 Quoting: Anonymous Coward 933883


Nice video. I like how they admit they fired their employee and then he ended up being right. Assholes.
Force Quit

User ID: 881649
Germany
04/04/2010 07:56 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
bump PIN THIS
.




"Here's what we can do to change the world, right now, to a better ride. Take all that money we spend on weapons and defenses each year and instead spend it feeding and clothing and educating the poor of the world, which it would pay for many times over, not one human being excluded, and we could explore space, together, both inner and outer, forever, in peace." Bill Hicks (1961-1994)
Free Store

User ID: 144999
Canada
04/04/2010 08:32 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
People used to bite a gold coin to see if what they have is real gold

The practice of faking gold goes back
Anonymous Coward
User ID: 933985
United States
04/04/2010 08:59 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
One way to test would be to heat the gold to a high temp but well below melting and do thermal imaging.
Anonymous Coward
User ID: 275112
United States
04/04/2010 09:09 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
PIN!
Anonymous Coward
User ID: 933318
Australia
04/04/2010 09:18 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
Emergency Fed Meeting anyone? I wonder what's on the agenda?


Hey Hank, is now a good time to bail?


I dunno Ben'ster, you're the one running the show now.
Southern Biker

User ID: 934005
United States
04/04/2010 09:22 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
It is incredible they can't get the bottom of this. ceegar
Pay no attention to the man behind the curtain.(Wizard of Oz).
Anonymous Coward
User ID: 934047
United Kingdom
04/04/2010 10:16 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
bump
hoot no more/hasheater
User ID: 934011
Switzerland
04/04/2010 11:03 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
worth bumping
Anonymous Coward
User ID: 934299
Germany
04/04/2010 04:44 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
bump
Anonymous Coward
User ID: 875706
United States
04/04/2010 05:19 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
About a year ago I was talking with a investment manager from a large and well known company. And he was adamant that there was no gold at Fort Knox. The guy was far from being a fruitcake although I was skeptical at the time. Now I wonder.
Anonymous Coward
User ID: 934378
Australia
04/04/2010 06:53 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
About a year ago I was talking with a investment manager from a large and well known company. And he was adamant that there was no gold at Fort Knox. The guy was far from being a fruitcake although I was skeptical at the time. Now I wonder.
 Quoting: Anonymous Coward 875706

The dollar is based on faith that there is gold in Fort Knox; if it has no gold or only fake bars, What do you think would happen to the dollar?

When the fraud is known, the dollar would become totally worthless over night and your government would have complete control of you.

You can’t buy anything if you have no money!

Perhaps it’s time to trade those paper dollars into things of value, while you still can. (FOOD, CLOTHING, GOLD and SILVER)
Anonymous Coward
User ID: 934378
Australia
04/04/2010 07:00 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
Fake American Silver Eagle Coin Scams
Anonymous Coward
User ID: 930011
Spain
04/04/2010 07:36 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
This was said by the Zetas around two years ago. They said that all the gold in Forth Knox was fake. The real gold was to the pockets of the Bush family and Company.

Haiti earthquake was created to be able to move the gold there to another location.

Just wait. It is not finished business. There are many people that know and will talk soon.
Anonymous Coward
User ID: 934447
United States
04/04/2010 08:00 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
It looks like a whole lot of people don't know what gold and silver coins they are holding!

Mass Counterfeiting of American coins

February 27, 2009

by Brian Harring

[email protected]

With the collapsing American economy, many Americans are rushing to invest in gold; either coins or bar, and also silver. One of the most popular forms of this investment are American coins. Where there is a need, there is always someone to fill it and in this case, the filling consists of the massive counterfeiting of gold coins, silver coins, and even Swiss gold bars in China. Initially, it appeared they were only faking Morgan dollars, but then it turned out they were also making $20 Liberty, and Indian Head gold $2.50, $5, and $10 coins, of all dates. Evidently, this is extremely easy with today's computer-and-laser-die-cutting technology, and the fakes are being die-struck in vast quantities, not cast, and visually at least, are superb copies.

The good news is that these fakes are readily detectable with a 0.01 - gram scale, as the Chinese in their greed are using lower carats of gold and lower grades of silver than the genuine coins, to maximize profit, and thus, in most cases, the fake coins and bars are lighter than the real ones. In a few cases, the silver coins of high numismatic interest are actually OVER weight - it appears that the supply of accurate planchet stock is a major difficulty for the forgers.

[link to www.tbrnews.org]
.
Anonymous Coward
User ID: 934447
United States
04/04/2010 08:12 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
From the internet book: If You Care to Know the Truth, author Eric Rainbolt
<snippets>

At the end of WW II, Fort Knox contained over 700 million ounces of the gold, an incredible 70% of all gold in the world. How much remains? Nobody in government admits knowing. Despite the fact that federal law requires an annual physical audit of Fort Knox gold, the treasury has consistently refused to conduct one.

What is the government so afraid of?

Here is the answer: When president Ronald Regan took office in 1981, his conservative friends urged him to study the feasibility of returning to a gold standard as the only way to curb government spending. It sounded like a reasonable alternative, so president Reagan appointed a group of men, called the Gold Commission, to study the situation and report back to congress.

What Reagan's gold commission reported back to congress in 1982 was the following shocking revelation concerning gold. The US treasury owned no gold at all! All the gold that was left in Fort Knox was now owned by the Federal Reserve, a group of private bankers, AS COLLATERAL AGAINST THE NATIONAL DEBT. The truth of the matter is, that never before, has so much money has been stolen from the hands of the general public and put into the hands of a small group of private investors in the Federal Reserve, the money changers.
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ANNONYMOUS
User ID: 825313
United States
04/04/2010 09:25 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
5a

A lot of conjecture on this thread with few undisputable facts. SOooooo here is one overpowering fact. The US Mint produces ALL legal coinage for the US. For about 10 years now the Mint has aggressively acted as a fund raiser for the Gov as any of you who are aware know. Different products sold at a profit. One of these products is the Gold Eagle Proof sets. Up until 2007 these were pretty slow sellers due to the priceiness of the product. The premium on an ounce was 15 to 25%. Starting in 2008 the Mint has sold out of this product in about a MONTHS TIME. Since these products usually come out in April or May one would think that the Mint could secure more GOLD BLANKS to sell as much as possible. That does NOT seem to be the case. The latest story is that the Mint is required to make $300 mil in 1 oz bullion non proof coins for trade and commerce. These coins are sold to private coin companies for sale to the general public at a much reduced profit and these companies usually sell them to collectors etc. One would think that IF REAL GOLD WAS AS READILY AVAILABLE as its detractors think the Mint would be buying up more and more each year to produce the high profit items. But NO when the original run is purchased that's it. This leads me to conclude that perhaps the REAL SUPPLY OF GOLD for whatever reason is infintely less than anybody suspects. This has been going on for the past two years now and this year will not be any different if appearances are correct.
ANNONYMOUS
User ID: 825313
United States
04/04/2010 09:37 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
bump
Anonymous Coward
User ID: 933402
United States
04/04/2010 09:47 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
I have two question.

If there is np gold in Fort Knox and the china and germany have fake gold, then where is the real gold?

Why is no one being investigated and charged? If I steal 10 dollars then I get swift punishment. You steal millions and billions and even trillions then no one notices a thing.


.
WingNut

User ID: 729515
United States
04/04/2010 09:50 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
hillary
Can You Dig It?
Anonymous Coward
User ID: 923152
Canada
04/04/2010 09:58 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
Germany has nothing to worry about.

It has the second largest gold-deposits in the world, I am sure some looted WWII gold as well.
Anonymous Coward
User ID: 929084
United States
04/04/2010 10:00 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
So in the end they will have everything:

The gold, the companies, the infrastructure, the houses ... and all for some numbers printed on cheap paper they handed out.
Nice.
 Quoting: Anonymous Coward 331367

ARRRRRR We fools one and all.
Anonymous Coward
User ID: 794136
United States
04/04/2010 10:03 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
The scumbag nazi fed is making all Americans look stupid with their irresponsible and juvenile stealing, lies, wars, etc. They DO NOT represent the citizens!
ANNONYMOUS
User ID: 825313
United States
04/04/2010 10:49 PM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
5a

In another thread on p1 concerning gold manipulation it appears that the EU Central Banks which by agreement can sell 5000 tons of gold a year have been selling substantially less then that figure since 1999. In addition apparently they stopped selling gold by 2008. Very interesting.
TRM
User ID: 917953
United States
04/05/2010 12:37 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
This fuckers' got legs.

Worth the time of study if you've got it.

It's not about how much gold is worth.....

it's about what the Dollar isn't worth!
.
Anonymous Coward
User ID: 934566
Australia
04/05/2010 12:49 AM
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Re: GERMANY LATEST VICTIM OF PHONY GOLD BAR SCAM
This fuckers' got legs.

Worth the time of study if you've got it.

It's not about how much gold is worth.....

it's about what the Dollar isn't worth!
.
 Quoting: TRM 917953

The Nightmare German Inflation

from a NEWS & VIEWS SPECIAL REPORT

"The ones who fared best were the small minority who had the foresight to exchange marks into foreign money or gold very early, before new laws made this difficult and before the mark lost too much value."

[link to www.usagold.com]





GLP