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Largest Private Refinery Discovers Gold-Plated Tungsten Bar

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Frank Galikanokus

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Mar 3, 2010, 9:39:42 AM3/3/10
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Over the years, there have been a few isolated reports of smaller coins
and bars found to have been drilled to remove some of the gold which was
replaced ...

http://tinyurl.com/yc7wlxk

JAM

mazorj

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Mar 3, 2010, 4:10:16 PM3/3/10
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"Frank Galikanokus" <FrankGal...@nospam.net> wrote in message
news:4B8E74AE...@nospam.net...

Well, that'll give ya a nice warm fuzzy!

Fake gold bars making it "into the system" of bonded traders' inventory? It
was bad enough when fake coins started popping up at the retail level for
collectors and small investors. But 500 gram bars trading among banks and
PM houses means that counterfeiting is penetrating the Big Leagues big time.
This could pose a serious threat to the institutions that find themselves
holding them and individuals who hold unallocated shares of gold there. It
also could affect currency values if gold markets get really nervous.

The good news is that this one was caught. Eventually. And it is possible
to detect them using expensive equipment. But this is like saying that we
have a flu shot for the latest virulent strain sweeping the world. Some
will be protected, some will suffer because they couldn't afford the shot or
the flu just got to them first.

(I'd like to know what there was about this fake that tipped off whichever
handler discovered it. Is it like the experienced bank tellers of yore who
could "sense" a counterfeit bill because it looked or felt slightly unusual
when it went through their hands?)

I don't want to start a conspiracy theory here about covert attempts to
undermine national or even world economies, so I'll just say that the James
Bond theme is stuck in my brain and the title "Tungstenfinger" keeps rolling
around in my imagination.

- mazorj the Screenwriter

Peter

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Mar 3, 2010, 5:56:51 PM3/3/10
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On Mar 3, 4:10 pm, "mazorj" <maz...@verizon.net> wrote:
> "Frank Galikanokus" <FrankGalikano...@nospam.net> wrote in message

The video says (in German) the a very experience worker became
suspicious, but could not explain why. He then selected a bar to test.

mazorj

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Mar 3, 2010, 6:07:58 PM3/3/10
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"Peter" <w2...@hotmail.com> wrote in message
news:0b360434-01c1-4a2f...@d27g2000yqf.googlegroups.com...

Ein bar, or Die bar? The former suggests there was more than one suspicious
bar. The story suggests there was only one.

Peter

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Mar 3, 2010, 10:44:09 PM3/3/10
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> bar.  The story suggests there was only one.- Hide quoted text -
>
> - Show quoted text -

Sorry, I'm not sure.

som...@some.domain

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Mar 3, 2010, 10:58:53 PM3/3/10
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In article <a73d6a42-e7a3-42ae...@x22g2000yqx.googlegroups.com>, Peter <w2...@hotmail.com> wrote:

>On Mar 3, 6:07=A0pm, "mazorj" <maz...@verizon.net> wrote:
>> "Peter" <w2...@hotmail.com> wrote in message
>>
>> news:0b360434-01c1-4a2f...@d27g2000yqf.googlegroups.com...
>> On Mar 3, 4:10 pm, "mazorj" <maz...@verizon.net> wrote:
>>
>>
>>
>>
>>
>> > "Frank Galikanokus" <FrankGalikano...@nospam.net> wrote in message
>>
>> >news:4B8E74AE...@nospam.net...
>>
>> > > Over the years, there have been a few isolated reports of smaller coi=
>ns
>> > > and bars found to have been drilled to remove some of the gold which =

>was
>> > > replaced ...
>>
>> > >http://tinyurl.com/yc7wlxk
>>
>> > > JAM
>>
>> > Well, that'll give ya a nice warm fuzzy!
>>
>> > Fake gold bars making it "into the system" of bonded traders' inventory=
>?
>> > It
>> > was bad enough when fake coins started popping up at the retail level f=
>or
>> > collectors and small investors. But 500 gram bars trading among banks a=

>nd
>> > PM houses means that counterfeiting is penetrating the Big Leagues big
>> > time.
>> > This could pose a serious threat to the institutions that find themselv=
>es
>> > holding them and individuals who hold unallocated shares of gold there.=

> It
>> > also could affect currency values if gold markets get really nervous.
>>
>> > The good news is that this one was caught. Eventually. And it is possib=
>le
>> > to detect them using expensive equipment. But this is like saying that =

>we
>> > have a flu shot for the latest virulent strain sweeping the world. Some
>> > will be protected, some will suffer because they couldn't afford the sh=

>ot
>> > or
>> > the flu just got to them first.
>>
>> > (I'd like to know what there was about this fake that tipped off whiche=
>ver
>> > handler discovered it. Is it like the experienced bank tellers of yore =

>who
>> > could "sense" a counterfeit bill because it looked or felt slightly
>> > unusual
>> > when it went through their hands?)
>>
>> > I don't want to start a conspiracy theory here about covert attempts to
>> > undermine national or even world economies, so I'll just say that the
>> > James
>> > Bond theme is stuck in my brain and the title "Tungstenfinger" keeps
>> > rolling
>> > around in my imagination.
>>
>> > - mazorj the Screenwriter
>>
>> < The video says (in German) the a very experience worker became
>> < suspicious, but could not explain why. =A0He then selected a bar to tes=
>t.
>>
>> Ein bar, or Die bar? =A0The former suggests there was more than one suspi=
>cious
>> bar. =A0The story suggests there was only one.- Hide quoted text -

>>
>> - Show quoted text -
>
>Sorry, I'm not sure.


can you please tell me the way to the bar?
oops, old jazz musician's story.

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