Fool Amp; 39;s Gold 720p
Benedicte Mansukhani
The mineral pyrite (/ˈpaɪraɪt/ PY-ryte),[6] or iron pyrite, also known as fool's gold, is an iron sulfide with the chemical formula FeS2 (iron (II) disulfide). Pyrite is the most abundant sulfide mineral.[7]
Pyrite's metallic luster and pale brass-yellow hue give it a superficial resemblance to gold, hence the well-known nickname of fool's gold. The color has also led to the nicknames brass, brazzle, and brazil, primarily used to refer to pyrite found in coal.[8][9]
Pyrite is usually found associated with other sulfides or oxides in quartz veins, sedimentary rock, and metamorphic rock, as well as in coal beds and as a replacement mineral in fossils, but has also been identified in the sclerites of scaly-foot gastropods.[14] Despite being nicknamed "fool's gold", pyrite is sometimes found in association with small quantities of gold. A substantial proportion of the gold is "invisible gold" incorporated into the pyrite (see Carlin-type gold deposit). It has been suggested that the presence of both gold and arsenic is a case of coupled substitution but as of 1997 the chemical state of the gold remained controversial.[15]
Pyrite is distinguishable from native gold by its hardness, brittleness and crystal form. Pyrite fractures are very uneven, sometimes conchoidal because it does not cleave along a preferential plane. Native gold nuggets, or glitters, do not break but deform in a ductile way. Pyrite is brittle, gold is malleable.
Previously, it was suspected that gold in anomalously rich pyrite crystals was in fact made of gold particles formed during a multi-step process, suggesting the pyrite and gold crystallised at different times and then became clumped together. But our discovery that gold can decorate these crystal imperfections suggests that even pyrite crystals with relatively high gold content can form in a single process.
Our discovery may also help gold miners more efficiently extract gold from pyrite, potentially reducing greenhouse emissions. To extract the gold, the mineral is usually oxidised in large reactors, which uses considerable amounts of energy.
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"Fool's gold" is a common nickname for pyrite. Pyrite received that nickname because it is worth virtually nothing, but has an appearance that "fools" people into believing that it is gold. With a little practice, there are many easy tests that anyone can use to quickly tell the difference between pyrite and gold.
The nickname "fool's gold" has long been used by gold buyers and prospectors, who were amused by excited people who thought they had found gold. These people did not know how to tell the difference between pyrite and gold, and their ignorance caused them to look foolish.
Here are a few simple tests that almost anyone can use to tell the difference between pyrite and gold. They can usually be done successfully by inexperienced people. However, wise people obtain a couple small pieces of pyrite and a couple small pieces of gold and use them to gain valuable experience.
CAUTION: All pieces of gold are valuable. However, any piece of gold with a nice crystal habit will have a premium value - often worth several times the value of its contained gold. That premium value can be ruined by some of the tests explained below. So, we have separated the tests into "destructive tests" and "non-destructive tests". Be careful if you think that you might have a valuable gold specimen.
B) Color: Pyrite has a brassy color. Gold has a golden to yellow color. Most native gold is alloyed with silver, and if the silver content is high enough, the specimen will have a whitish yellow color.
C) Shape: Pyrite is usually found as angular pieces, and many of them exhibit the faces of a cube, octahedron or pyritohedron. Most gold particles found in streams have slightly rounded edges, but be careful - some crystalline gold specimens can display a crystal habit that is similar to pyrite.
E) Specific Gravity: Gold has a specific gravity of about 19.3. The specific gravity of pyrite is about 5. (All gold found in nature is always alloyed with other metals. These metals have a specific gravity which will reduce the specific gravity of the specimen, but never enough that it approaches the specific gravity of pyrite. Specimens containing a significant amount of gold will always have at least two to three times the specific gravity of pyrite.)
Chalcopyrite and small pieces of biotite or phlogopite mica can fool you. Chalcopyrite (a copper iron sulfide) has very similar properties to pyrite. It has a lower hardness than pyrite (3.5 to 4) and a lower specific gravity than pyrite (4.1 to 4.3), but the same tests can separate chalcopyrite from gold. Chalcopyrite also has a greenish black streak.
Many people are surprised that flakes of biotite or phlogopite mica can fool people into thinking that they are gold. This most often occurs when an inexperienced person is panning for gold and sees a bright flash in their gold pan. After chasing the tiny, highly lustrous flake, they think that it might be gold. However, slight pressure with a pin can break the flake of mica, but a tiny flake of gold will bend around the pin.
Redlands city public information officer Carl Baker said the man who was scammed contacted the seller on Craigslist. He met the seller in a back alley on two occasions to purchase gold bars for a total of $21,000. The buyer later learned that the bars he purchased were fake.
Firstly, I would like to thank the author of this article. I almost fell for this trick even though I was suspicious of the intent all the way.
It started a few weeks ago. I was approached by a person of Chinese origin through LinkedIn. I usually accept such requests for professional connections.
The conversation continued on LinkedIn for a few days and as you mentioned it switched to WhatsApp. This made me suspicious, but I just played along and the talk was very general for a few days and then she(Li Meng) started to talk about investments and asked me about my retirement funds and assets. I did not reveal all but just gave vague hints.
She casually slipped in this during conversation about families. As the author mentioned she was a divorced woman with a son in China. She claimed to be in San Francisco, Pacific heights to be exact.
The conversation was still general for a few days, and she then talked about gold futures and how it can yield good returns. Her claim was that her uncle (same Modus Operandi) would tell her when a Node would arrive and advise if it should be a buy or sell. Pretty convincing so far.
The conversation continued for a few more days and I continued to play along. One thing that seemed suspicious was she would compose long and precise sentences on WhatsApp without typos. I was making a few typographical errors, this is unusual, so I started thinking that maybe I was chatting with a bot. Just to clear my doubts she wanted a video chat which I agreed to, they were brief though, but the person seemed real because she recognized that I was taking the call from my car.
The talk was general ranging from Finance, philosophy, sports, politics and so on and one day she said a node was approaching and we should act immediately. She explained that her uncle had a team of wall street analysts who he had engaged for a huge fee to indicate when large amounts of money would enter or exit the market and based on the pointers, she would buy a SELL or a BUY. Just to be convincing she sent screenshots of her Fire Phoenix account where she said she made over 200K in 15 minutes of trading.
Of course, that was followed by giving me access to a demo version where I was told to execute a BUY and a SELL. Very convincing indeed! The only thing that did not seem right was why would any be so altruistic to a total stranger. I was thinking she was trying to get access to my phone or computer by sending images that could insert malware on the devices.
My laptop was well protected, so it seemed okay.
Then one day she said a Node was coming along soon and we should do a real trade. Node according to her is an event or a point in time when there is huge money inflow or outflow from the market and if we time our buy or sell, we make good profits. It did not seem to make sense to me, but I just continued to play along anyway and was prepared to lose a small amount of money just to get to the bottom of this. I invested about 2500 USD and she walked through an elaborate process of buying crypto, creating a wallet and transferring it to Fire Phoenix. FP seemed genuine but she asked me to download software that sounded the same but a different extension which my laptop would not allow. This set me thinking but my laptop usually does this sometimes, so I did not pay much attention and downloaded it on my phone.
This is essential to execute the reverse transfer from Fire phoenix to your crypto wallet.
Again, an elaborate process of using the middleware and sending them an email to transfer to Kraken.
To cut a long story short, I was ready to forfeit the amount and to my surprise I made a 20% gain and successfully transferred the entire amount back to my account. As the author mentioned, there was an exchange of screenshots with her giving instructions using red arrows.
Then she said she set higher goals for me and asked me to invest more as another node was coming up the next day.
I did not sleep that night, as I was thinking that something seemed wrong with this. Money making cannot be this easy, was she trying to get me to invest more and then just vanish?
There were of course some weak links in the entire process, especially when transferring money back from Fire Phoenix to Kraken.
That is when I started searching for such scams on google and came across this article.
I have not communicated with her again. I am going to send this article to her and see how she is going to react. Have not thought up a counter strategy yet.