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Post by hennes on Jan 15, 2010 15:23:09 GMT 10
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Post by hennes on Jan 16, 2010 6:13:00 GMT 10
It's like the US dollar, when they run out of money , then they will print more. I like to know how many investors think that they have solid gold bars staked away  . Hennes |
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Post by MrsFly on Jan 16, 2010 8:26:23 GMT 10
Wonder if they bought the gold off ebay?  |
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Post by hennes on Jan 16, 2010 9:52:02 GMT 10
;D ;D ;D
Hennes
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Post by joakemjack007 on Jan 16, 2010 17:28:46 GMT 10
They didn't buy it of ebay, they got it from Simon & Rita ;D ;D ;D
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Post by hennes on Jan 17, 2010 9:03:15 GMT 10
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.
Cheers Hennes
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Post by darylr on Jan 19, 2010 7:20:13 GMT 10
Hi Everybody, Very interesting story !! As a follow up to that story here is another link that is very interesting. www.kitco.com/ind/stansberry/dec022009.htmlBetter hang up the paint brushes, let the lawn grow and get out there to your favorite spot and make the gravel fly !!!! ;D ;D ;D regards Darylr |
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Post by dazasmalt on Jan 19, 2010 18:11:40 GMT 10
If this is true I'm going to make Bugs Bunny look like an amatuer when comes to digging a hole. As long as I don't end up looking like a bunny.
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Post by hennes on Jan 23, 2010 17:09:18 GMT 10
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dicko
Super Sluicer
Gold of another kind
Posts: 323
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Post by dicko on Jan 23, 2010 22:49:42 GMT 10
Remember that was a Pakistani News report. It could be propaganda.?
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Post by hennes on Jan 24, 2010 12:42:43 GMT 10
We are lucky that we can still read overseas stories , our journalist have to watch what they say and write . (hint , Kyle S.). Cheers Hennes |
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Post by hennes on Jan 27, 2010 16:43:54 GMT 10
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Post by hennes on Mar 5, 2010 8:02:19 GMT 10
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Post by hennes on Jul 18, 2010 12:56:03 GMT 10
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Post by hennes on Mar 15, 2011 9:12:25 GMT 10
In case that there is nothing on TV, here is a bit more on Tungsten and Ford Knox. Cheers Hennes  |
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, do the ones who fake the gold bars own the Media too 
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Hennes
