Tungsten-Filled 10 Oz Gold Bar Found In The Middle Of Manhattan's Jewelry District

[Eric J (Viking)]

What a palava hey...talk about fake reality!

I wonder how many have been tucked up with this scam...?

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It is one thing for tungsten-filled gold bars to appear in the UK, or in Germany: after all out of sight, and across the Atlantic, certainly must mean out of mind, and out of the safe.

However, when a 10 ounce 999.9 gold bar bearing the stamp of the reputable Swiss Produits Artistiques Métaux Précieux (PAMP, with owner MTP) and a serial number (serial #038892, likely rehypothecated in at least 10 gold ETFs across the world but that's a different story), mysteriously emerges in the heart of the world's jewerly district located on 47th street in Manhattan, things get real quick.


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."

What makes so devious is a real gold bar is purchased with the serial numbers and papers, then it is hollowed out, the gold is sold, the tungsten is put in, then the bar is closed up. That is a sophisticated operation.

MTB, the Swiss manufacturer of the gold bars, said customers should only buy from a reputable merchant. The problem, he admits, is Ibrahim Fadl is a very reputable merchant.

Raymond Nessim, CEO Manfra, Tordell & Brookes, said he has reported the situation to the FBI and Secret Service.

The Secret Service, which deals with counterfeits, said it is investigating.
And cue panic on the realization that virtually any gold bar in the world, not just those in Europe and Australia, which have already had close encounters with Tungsten substitutes, but also New York may be hollowed out and have a real worth of a few dollars max. Which, sadly, is fitting considering our main story from last night was the realization that an unknown amount of Chinese iron ore had either never existed or had simply vaporized, and was no longer serving as the secured collateral to various liabilities circulating in the electronic ether. After all, only the most naive out there could conceive of gold being sacrosanct when every other asset class is being diluted to infinity by a regime that has long since run out of money.

As for gold-based transactions on West 47th street: look for that market to grind to a halt at least for as long as it takes for this scandal to be forgotten too.

The only open question remaining will be how much of the gold located 90 feet below Libert 33 is in the same Tungstenized format. For what it's worth: it is unlikely we will ever find out.

This is what glaring gold counterfeiting looks like.

full story and video here...


edit now fixed...
http://chasvoice.blogspot.co.uk/2012...-found-in.html

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viking

[astrid]

That blog post has already been removed

[DevilPigeon]

Posted by astrid (here)
That blog post has already been removed

This is the correct link:

http://chasvoice.blogspot.co.uk/2012...-found-in.html

[GoodETxSG]

Thank you! I posted this link on my Facebook Site. All of the Western Cabal Fraud is coming to light everywhere meanwhile the Dollar is being replaced by China (GOLD backed global currency). This western smelted fake gold bar theme is probably playing out more for the BRICS alliance than the many mindless drones in our Western Society.
http://www.facebook.com/BankAndPolit...cialCorruption

[Carmody]

This whole thing is non critical.

Just beyond the horizon is the capacity to alter matter into any form. We start with a vibration or energy level and then subdivide, and so on, resonate, etc... into the shape we want.

Thus if there actually be a secret cabal that can mess with dimensional transfer and defeats gravity, has FTL travel etc..the inherent aspect that goes along with it, is that we can create just about any form of matter that we desire, from what one might call 'feed stock'.

All these effects and things are intimately connected and you simply can't have one without the other being on the table, and only a short hop and skip of an engineering thought away.

Thus, reptilians wanting our gold is about as reasonable as terrorists wanting to destroy our freedoms. Just another misguided (purposely or ignorantly) game of some sort. matter transformation is jokingly easy.

The energies involved, are the real and serious problem, especially among unevolved humans who can blow themselves up in a way that is akin to a playground full of pouting and unhappy five year olds all walking around with lit sticks of dynamite, totally unaware that the dynamite exists, at all...

So, tungsten in a bar of gold is a ridiculously primitive game, at best.

Thus....anyone doing that is so far from the top of this thing, that it does not bear mentioning. And the fact that it does bear mentioning in the 'normal' world, gives one an idea how primitive this whole affair (looks around at world, raises hands and indicates 'all of human reality as an average') is.

[Lazlo]

If this story actually gains any traction, it will make silver shoot up in price. This type of operation isn't profitable given the relatively low price of silver compared to gold.

[Carmody]

Posted by Carmody (here)
This whole thing is non critical.

Just beyond the horizon is the capacity to alter matter into any form. We start with a vibration or energy level and then subdivide, and so on, resonate, etc... into the shape we want.

Thus if there actually be a secret cabal that can mess with dimensional transfer and defeats gravity, has FTL travel etc..the inherent aspect that goes along with it, is that we can create just about any form of matter that we desire, from what one might call 'feed stock'.

All these effects and things are intimately connected and you simply can't have one without the other being on the table, and only a short hop and skip of an engineering thought away.

Thus, reptilians wanting our gold is about as reasonable as terrorists wanting to destroy our freedoms. Just another misguided (purposely or ignorantly) game of some sort. matter transformation is jokingly easy.

The energies involved, are the real and serious problem, especially among unevolved humans who can blow themselves up in a way that is akin to a playground full of pouting and unhappy five year olds all walking around with lit sticks of dynamite, totally unaware that the dynamite exists, at all...

So, tungsten in a bar of gold is a ridiculously primitive game, at best.

Thus....anyone doing that is so far from the top of this thing, that it does not bear mentioning. And the fact that it does bear mentioning in the 'normal' world, gives one an idea how primitive this whole affair (looks around at world, raises hands and indicates 'all of human reality as an average') is.

What I'm trying to say, is don't panic your life based on this whole thing, unless, of course, you desire to. Find a point of balance so it can be looked at without the issue of panic arising, panic which will center your thoughts around basic survival aspects, and wipe out any potential of attempting to think rationally about the real aspects of what might be going on here.

The idea of gold, as value, is nothing more than something like the game of playing marbles in the schoolyard. The man is still the boy, and he's still in the sandbox.