Gold Bar Discovered Filled with Tungsten

By Robert Wenzel, March 24, 2012

Australian bullion dealer ABC Bullion is reporting that one of its suppliers has provided them photographic evidence of a tungsten filled 1 kilo gold bar,. The bar passed a hand-held xrf scan which showed 99.98% pure AU. The tungsten was only discovered when the bar was physically cut in half.

After numerous reports of 400oz tungsten filled bars being discovered in Hong Kong, this is the first documented and verified report with photographic evidence that has been made public, states Silver Doctors. ABC Bullion is a major player in the gold bar business and thus this report should be taken seriously.

Rest of the article with photos and discussion of previous “salted tungsten” gold bar fraud. Is Fort Knox full of these?

P.S. Please see reply for a different take on the topic

http://www.economicpolicyjournal.com/

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One thought on “Gold Bar Discovered Filled with Tungsten”

  1. Or not? The Perth Mint posted a rebuttal to this post:

    “In the experience of The Perth Mint, such fakes are a rare occurrence. In the 20 years our Refinery Manager has been working at the Mint, he has never seen a fake bar come through our operations. If investors buy coins and bars made by reputable refiners and mints and from a reputable dealer they are highly unlikely to be sold fakes.

    “As to the frequency of fakes, note that the previous “incident” that Zero Hedge referred to was this post of January 2010. As I pointed out in on my personal blog at the time, the Argor Heraeus video showed a fake bar received more than ten years prior.

    “Investors buying recognised brands from trustworthy dealers should not have any cause for concern. For those looking for more information on the various brands and bars and coins available, and what they should look like and their specifications, this website http://www.goldbarsworldwide.com/ is a good reference site to bookmark. ”

    Full article is here http://www.perthmintbullion.com/blog/blog/12-03-26/Fake_Bars_-_The_Facts.aspx

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