Eric
Posts : 9738 Join date : 2012-07-30 Age : 73 Location : Pensacola
| Subject: Hoarding Gold? Is it real? Wed Sep 19, 2012 12:28 pm | |
| Source: http://www.zerohedge.com/news/tungsten-filled-10-oz-gold-bar-found-middle-manhattans-jewelry-district From the article: Moments ago, Myfoxny reported that a 10-ounce gold bar costing nearly $18,000 turned out to be a counterfeit. The discovery was made by the dealer Ibrahim Fadl, who bought the PAMP bar in question from a merchant who has sold him real gold before. "But he heard counterfeit gold bars were going around, so he drilled into several of his gold bars worth $100,000 and saw gray tungsten -- not gold. The bar was filled with tungsten, which weighs nearly the same as gold but costs just over a dollar an ounce."Here the same bar is peeled back to show a tungsten core. | |
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