Rumor Gold Bars Filled with Tungsten at Major Banks

Nothing would surprise me. I used to test things for specific gravity but maybe as you said...the tungsten is so close to Gold that it would be hard to detect.

If this is true... wow.

Not really just heat it!

There is more anecdotal evidence available in various forums which indicate an ingot was found with "cracks" in it.
The story went black almost as soon as it was released.
The breadcrumbs are there. 200 trillion of assets...and only 800 billion of that is Gold. The temptation was there.
The massive fraud we are living in is being kept from us on a razors edge.

melting points

tungsten has the highest melting point 3422 °C, 6192 °F

Gold — Melting Point (1064.18 °C, 1947.52 °F)

Simple Test

One could just slam a bar on the ground and if it breaks then its tungsten!

I'd like to have a bar to slam on the ground or heat.

Hope the rumour is true so that we get some additional financial collapse! :-)

I wonder is certain metals resonate at a certain frequency when subjected to sound waves.

Presumably, although if it's related to density then it wouldn't work for this.

[link to news.bbc.co.uk]

Opinions on methods to detect bars vary..science says thermal expansion,magnetic properties and conductivity should provide certainty.
Who wants to find out their prime asset is garbage..and more likely who wants YOU to know...NO ONE.

I would think that gold and tungsten would have different electrical conducting attributes. Seems they could test that way.

Dude just throw it on the floor simple test!

Is tungsten that brittle as if it were ceramic?

There should be another way to detect the fraud. Gold is very soft and maliable. Tungsten is hard and brittle. Just tapping a bar with a small hammer, there should be a noticeable sound difference. Just like the difference in sound between old and new pennies.

yes!

i dropped a piece on the floor from about 2.5 ft and it cracked into a few pieces.

Toronto analyst Rob Kirby's recounting of the behind-the-scenes activity that recently drove up the price of gold is but one example of this on-going battle. On the last day in September, Kirby reported large buyers of gold entered the futures market and demanded immediate physical delivery on the September contract.

The counterparties, allegedly JP Morgan Chase and Deutsche Bank, both complicit in the central bank suppression of gold, counter offered with premiums 25% above spot if the contracts could be settled with paper money instead of physical gold but the buyers refused, sending gold to record highs as the banks scrambled to deliver gold they did not own.

Questions were also raised about the quality of the gold bars delivered. Evidently, the bars provided by the Bank of England had to be re-cast as to meet the .999 quality necessary for delivery; and Professor Antal Fekete in his current article, The Gold Basis Is Dead - Long Live The Gold Basis, adds more to the controversy surrounding deliverable gold.

Reports are circulating that similar audits of certain Asian depositories have already produced "good" delivery bars (400 oz or 12.5 kg gold bricks) that have been gutted and stuffed with tungsten - a metal whose specific weight approximates that of gold, so that the famous test of Archimedes (fl. 287-212 B.C.) based on the Law of Buoyancy, designed to expose fraudulent goldsmiths, would be inapplicable.

The shortage of deliverable gold may, in fact, be the reason for the 17,500 ounces of gold bullion missing from the Royal Mint of Canada, almost exactly ½ tonne gone without a clue from a secure government facility. It is reasonable to suspect that government conveyance may have played a part in this unresolved crime.

Central bankers and governments are increasingly desperate to cap gold's price and government chicanery cannot be ruled out, indeed, it almost can be assumed in these times.


[link to www.321gold.com]

Do you all realize heads of banks all over the world are running to their vaults and chucking gold bars to the floor as we type? Maybe this is a "ha, ha, made you look" moment joke on the ultra-rich or it's the real deal.

I'm on edge waiting to see how this one pans out!

This WILL be absolute DOOM if true.

This is the source for the TUNGSTEN story..
[link to kirbyanalytics.com]
It is a members only paid report.

this needs a pin just so everyone can get the gist of the possibility and do their own checking

PIN

PIN

PIN

I would love to hear from people working in the vaults
Who is doing the audits?
I posted a story
about physical demand from the COMEX warehouse..insiders say its being swamped by people who want the asset...and yet the COMEX inventory sheets remain unchanged and in fact shows more gold going in than coming out.
It stinks..
[link to kirbyanalytics.com]

[link to www.periodictable.com]

Sorry, with a good measurement, one can verify this since Tungsten is 19.25 and Gold is 19.3.

Story is not accurate.

1 part lighter per 386, so it's not hard to get verification.

[link to news.goldseek.com]
By: Rob Kirby



Earlier this week, I wrote about possible “incongruities” in the gold bar registry of GLD. Specifically, here is what has happened to the GLD bar list which is published each Friday at approximately 4:30 pm EST. An alert reader I communicate with [who shall remain anonymous] has been documenting the length of the published GLD bar list:



- on Friday, Sept. 25 – the list was 1,381 pages long

- on Friday, Oct. 2 – the list was 208 pages long

- on Friday, Oct. 9 – the list was 195 pages long

- then, on Wednesday, Oct. 14 – after questions were being raised about the strange machinations with the bar list in chat rooms on the internet – the list was back up to 855 pages long



Something TRULY stinks here. No explanation has been offered for the DRAMATIC swings in this list. Where gold is concerned nothing happens by accident.



How Precious is Settled in London:



Loco London clearing is the daily paper unallocated transfers between London clearers; the transfers of gold and silver only across accounts held between clearers for their own accounts and third parties; and, as mentioned earlier, the clearing out of Zürich for the platinum group metals. It avoids security risk and the cost of physical movement of bullion; has standard market practices…



[However] Both allocated and unallocated account agreements are available. There are allocations for credit purposes, bilateral credit agreements between clearers, and London good delivery….



Some short definitions: an unallocated account is an account where specific bars are not set aside, and the customer has a general entitlement to the metal. This is the most convenient, cheapest, and most commonly used method of holding metal. The allocated account, on the other hand, is an account opened when a customer requires metal to be physically segregated, and this needs a detailed list of weights and assays….



To Summarize:



- GLD gold bullion inventory is principally held in London

- I’ve already written about some large [allocated] physical transactions that were settled last week in London under VERY strange circumstances indicative of a shortage of physical gold bullion for good delivery.

- At the same time, significant irregularities appeared in the GLD bullion bar list



Conclusion:



- is the correlated timing of these unusual events a coincidence???? Could GLD inventory have been utilized to effect these physical settlements, which in turn, would have required the “sanitization” or doctoring of the GLD bar list to avoid MANY obvious, easily detectable, duplications of bar numbers?



I discussed these irregularities with a very informed source [the same one who informed me of specific [allocated] trades settled last week] and the reply I received was as follows:



“What can I tell you that you don't already know?



They are all scrambling big time since a number of large interests have demanded audits. Independent auditors are NOW descending onto the various vaults to verify, validate and certify.
They can move this as many times in circles as they like to try to fool people.

In an Asian depository they’ve found “Good Delivery” bricks that had been gutted and filled with tungsten.


These circumstances suggest that a VERY REAL physical short squeeze is in progress RIGHT NOW and a gang of fraudsters from “fiat-crack-houses” [Central Banks] are attempting to finesse their losing over-sold hand in an elaborate Three-card Monty. With reports of independent physical audits now being conducted and mysterious happenings with GLD’s bar list – GLD has NEVER looked more suspect.

Hope you’ve all got some physical gold already.

Rob Kirby is proprietor of Kirbyanalytics.com and sales agent for Bullion Custodial Services. Subscribers to the Kirbyanalytics newsletter can look forward to a weekend publication analyzing many recent global geo-political events and more. Subscribe to Kirbyanalytics news letter here. Buy physical gold, silver or platinum bullion here.

-- Posted Thursday, 15 October 2009 | Digg This Article | Source: GoldSeek.com

and the Tungsten would have to also be 100% pure!

What if someone was smart enough to realize this would be checked and Pb was added in the right amount to the W to provide the correct weight to dimensions ratio?

Supplier from China for Tungsten Bars amorphous structure
and purity 99.96% is guaranteed by SGS and price is USD19,000.00/kg

Exactly....a little more gold to make up the difference....great minds think alike!

That is $548 per oz!!!!!!

Why wouldn't they use soming like Lead which is closer in molecular weight and cheaper than tungsten?

Plus the cost to produce fake bars equals what?
Equals why would anyone waste there time and money!