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Video: Explains The Clintons Involvement In The Fake Gold Bars Mentioned In The Above Article ...Just One More Nail In The Clinton Coffin..
: Short-term investments are very bullish, erratic,
: unpredictable and undependable. But, long term investments
: are, relatively, considered safe and reliable. Precious
: metals like gold and silver are considered to be true
: money, and governments have been bastardizing precious
: metals since the night of time. It's all about printing
: fake money anyway. Even as stocks were losing their value,
: gold was marching steadily, increasing by five percent in
: US dollars.
: However, this 'buy and hold' strategy might not work anymore
: as the sub-prime crisis has shaken this belief in the long
: term investment mode. Now, has gold joined the bandwagon of
: safe long-term investment going awry by treading the path
: of the sub-prime crisis?
: The counterfeit story
: This October, bankers in Hong Kong were in for a rude shock
: when they discovered some gold bars from the US to be
: actually gold plated tungsten i.e., fake gold bars. Acting
: fast, the Chinese officials found the perpetrators within
: hours. It seems that fake Tungsten blanks, between 1.3 and
: 1.5 million 400 oz, were manufactured in the US about
: fifteen years ago during the Clinton administration. Said
: to have been done by a very sophisticated refiner, 640,000
: of these tungsten planks were gold plated and shifted to
: Fort Knox. The remaining also gold plated, but sold into
: the international market. (Fort Knox , as you may be aware,
: is the United States Bullion Depository, where the official
: gold reserves of the federal government are stored. This
: depository of about 4,603 tons (4 176 metric tonness) is
: the second highest gold depository in the US after the
: Federal Reserve Bank of New York's underground vault in
: Manhattan (5,000 metric tonness of gold). Whoever pulled
: this one on the gold bars had connections inside the
: government, big banks and also a top-of-the-line
: fabrication facility. For, counterfeit is not something new
: for the US government, it did this is 1964 when zinc dimes
: clad in silver were introduced. That's why the pre 1964
: coins are valued more. Elsewhere, early this year, another
: counterfeit story made rounds as some of the gold bars in
: the vaults of the National bank of Ethiopia were found to
: be gold plated steel. It made news when the shipment of
: gold was returned by South Africa.
: It only could have been the work of a genius as fake gold bars
: made of steel are among the easiest to detect as they are
: lighter. Among gold coins, 22k Gold coins such as
: Krugerrand, are less likely to be counterfeited because the
: density of 22k gold minted from gold alloy that is 91.67
: percent pure, is far apart from that of tungsten. Tungsten
: has the same density (19.25g/cm3) as gold, so a fake bar is
: indistinguishable by weighing it. In comparison the density
: of pure 24k gold is within 0.26% of tungsten.
Video: Explains The Clintons Involvement In The Fake Gold Bars Mentioned In The Above Article ...Just One More Nail In The Clinton Coffin.. Watchman -- Tuesday, 26-Jul-2016 23:55:40
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