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Fed Floods Market With Fake Gold, The Latest Hurdle For Gold Investors

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Posted by on Sep 25, 2012

Tungsten-filled 10-ounce gold bars suddenly have appeared at some of the finest dealers of Manhattan.

No doubt, beginner investors who seek to purchase real money, a real asset, the ultimate safety, have had to overcome decades of carefully orchestrated financial propaganda from the Fed, Washington and academia. ‘They’ say, the dollar is good, and gold is just a rock, a silly anachronism and an asset useful only to persecuted WWII-vintage Jews.

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Then, having cleared the propaganda hurdle, the new class of awakened investors have had to somehow research the gold market long enough to maybe run into articles which discuss the accusations of fraud riddled throughout the paper gold aspect of the market and the manipulation scheme perpetrated by JP Morgan.

What appeared to be an easy way out of the dollar, through a click of a mouse and a few bucks commission on the Scottrade website, may turn out to be more dangerous than holding a debauching currency.

Enter, stage right, comes Jeff Christian, who assures investors that the paper market is on the up-and-up. The debate between GATA and Jeff Christian kept some investors out of the line to take delivery of real metal, forestalling a bit longer the inevitable and coming stampede into the gold market.

Was GATA an organization spewing ‘conspiracy theories about a gold cartel?

Christian, a suspected shill for the gold cartel, argued that GATA was seeing things, imagining dark-hat bankers ripping off the public with un-backed gold ETFs and bogus short sales of the metal in the futures market.

The case of Andrew Maguire and the CFTC investigation into JP Morgan proves beyond a reasonable doubt that Christian is either a liar, an incompetent or a shill for the Fed.

Christian leaves the stage and CFTC’s Bart Chilton enters. Chilton, the corn-fed, boy-next-door kind of guy, who grows up to become a heroic fighter of corruption in the financial markets, is the perfect character for the next act to Christian’s ‘Gaslight’ performance.

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    Total 11 comments
    • Anonymous

      GOVERNMENT prints the money folks – not the ‘fed’. http://moneyfactory.gov

      • adavancedatheist

        I love paper money. It shows the ingenuity of man’s mind in finding cheap substitutes for scarce resources like gold.

        The gold standard obsessives, by contrast, think like Malthusians and apparently view the imposition of the gold standard as a tool of depopulating the U.S. through depressions and famines so that they can rule the cowed survivors more easily.

    • Surviving Global Recession

      Don’t listen to a word “THEY” Say. The people are the FED are real SLIM! All you have to do is use the “Duck Principle”, If it acts like a duck and looks like a duck, guess what it’s a duck. I.e. The dollar is worth less and less, becasue they print more and more. Try looking at what the constitution says it REAL MONEY!! See Arrticle below

      http://survivingglobalrecession.com/silver-is-money/

    • Paveway III

      Don’t vote 2012.

      The Powers That Be expect bribes to represent you – and they don’t take worthless fiat.

    • Anti-Zion

      Who’s saying J-P Morgan is not pumping out fake gold bars so that no one dare buy many which helps J.P keep the price of gold down and the USA is not forced to admit it has no gold left.

      Buy gold but ensure you get someone to sign on the line that they will pay out if the product is shown to be fake at a later date.

      I’ve tested tons of silver and so far i have not found any fakes and i even go as far as using electrolysis to remove or part metals within the coins and end up wasting good coins but it’s sometimes worth the peace of mind.

      Even if 2/3 of my silver turned out to be fake then I would still break even because the printing press has pushed the price up that much in just a few years.

    • Anonymous

      I believe you could use a center punch to test for fake gold bars.

      Tungsten is far harder than gold-it was once used for phonograph needles-even though it weighs nearly the same. If the bar is real gold, a punch hit with a hammer should make a good size dent in it. If the bar is tungsten with only a thin coating of gold, the same punch with the same blow probably would barely penetrate the surface, if at all.

      Another possible test would be to drop the bar on a hard floor and listen to the ring. I believe real gold would have a much different ring from tungsten with just a thin coat of gold. And gold bars drilled out and filled with tungsten rods probably would just go Clunk!

    • Joerg Klaemt

      Government prints it for the Feds. I saw that misinformation of yours on another Post.
      Who are your Backers or are you doing that because you are a Patriot for them?
      If I work in a Printing Press and a Customer wants me to print whatever it is my Job to do so,but I do not Own the Company. Cant you get it?

    • Joerg Klaemt

      Since Tungsten or Wolfram has a much higher melting point,one could simply heat the Bar to melt out the Gold.ince both the Gold and Tungsten are none Magnetic there is no electronic Means to test for Purity.
      Depleted Uranium has almost the same weight and density but radiation can be detected if the Gold plating is thin.
      Here is something from the Wikipedia:

      Gold substitution
      Its density, similar to that of gold, allows tungsten to be used in jewelry as an alternative to gold or platinum.[6][52] Metallic tungsten is harder than gold alloys (though not as hard as tungsten carbide), and is hypoallergenic, making it useful for rings that will resist scratching, especially in designs with a brushed finish.
      Because the density is so similar to gold (tungsten is only 0.36% less dense), tungsten can also be used in counterfeiting of gold bars, such as by plating a tungsten bar with gold,[53][54][55] which has been observed since the 1980s,[56] or taking an existing gold bar, drilling holes, and replacing the removed gold with tungsten rods.[57] The densities are not exactly the same, and other properties of gold and tungsten differ, but gold-plated tungsten will pass superficial tests.[53]
      Gold-plated tungsten is available commercially from China (the main source of tungsten), both in jewelry and as bars.

    • threeGs

      dont drill your bars if you dont have to, theres equipment that you can buy for like $300 to ultra sound your bars (sonic) to check for flaws. try to stick to coins, old currency etc to be on the safe side. i personally buy old us 90% silver coins. im no baller lol

    • adavancedatheist

      Fiat money has value because you have to use it to pay your taxes, and the government prosecutes people who steal it. If tomorrow the government refused to acknowledge the property value of gold by refusing to consider thefts of anything made of gold a crime, gold’s value would collapse immediately. You could walk out of a jewelry store with a gold ring without paying for it, and the cops wouldn’t bother you because you haven’t stolen anything.

    • Joerg Klaemt

      @adavancedatheist

      You may be very much correct on them barring you to posses Gold.
      It can only happen in a Country that protects its Fiat Zion Money,don’t think that the Chinese,Russians or Arabs will Honor Jewish Laws!
      For that obvious Reason you in America will be hooped,unless you American bite the Hand of your Master and take over, personally I think your time has run out.
      You will give up your and your kids live for those Masters of Deception,and for what?

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