You are here
First documentation of counterfeit gold bars, plated tungsten
5:26p ET Monday, March 1, 2010
Dear Friend of GATA and Gold:
What appears to be the first documentation of counterfeit gold bars made of plated tungsten was noted today by Zero Hedge as having been reported by a German television station. The counterfeit bar reportedly is in the possession of the W.C. Heraeus gold foundry in Hanau, Germany, said to be the world's largest.
This sort of thing might shake the gold market even more than, say, the International Monetary Fund's confession that it really doesn't have any gold and that it has been selling only bookkeeping entries all this time.
The Zero Hedge report and video of the German TV station's broadcast can be found here:
http://www.zerohedge.com/article/german-prosieben-tv-channel-finds-500-g...
Or try this abbreviated link:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Support GATA by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://www.cartserver.com/sc/cart.cgi
Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:
* * *
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
http://www.gata.org/node/16
