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<p>[QUOTE="fatima, post: 1325858, member: 22143"]The popular rumor doesn't involve plating tungsten bars. Supposedly the counterfeit bars are produced by casting a bar that has a core of tungsten with a layer of gold cast, not plated, around it. This is a technically very difficult to do and could only be accomplished by an entity with some advanced skill and equipment. The resulting bar would still have a significant amount of gold but instead of being worth say, $500,000, it would be worth only $150,000. A bar constructed in such a manner could only be tested by drilling core samples. </p><p><br /></p><p>This type of counterfeiting would only be useful to an entity with a significant amount of gold and which trades in multiples of gold bars. It would also be required for them to engage in activities that are not disclosed to the public. The popular rumor was that some of the gold in Ft. Knox got this treatment during the Clinton years and was then pawned off on the communist government in China. </p><p><br /></p><p>I've heard this rumor many times over the years, but as far as I know, with the exception of one possible example in the Balkins, nobody has ever produced one of these bars. That is countered by the fact that someone that ended up with the fake gold is afraid to expose it lest their own secret activities are exposed.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1325858, member: 22143"]The popular rumor doesn't involve plating tungsten bars. Supposedly the counterfeit bars are produced by casting a bar that has a core of tungsten with a layer of gold cast, not plated, around it. This is a technically very difficult to do and could only be accomplished by an entity with some advanced skill and equipment. The resulting bar would still have a significant amount of gold but instead of being worth say, $500,000, it would be worth only $150,000. A bar constructed in such a manner could only be tested by drilling core samples. This type of counterfeiting would only be useful to an entity with a significant amount of gold and which trades in multiples of gold bars. It would also be required for them to engage in activities that are not disclosed to the public. The popular rumor was that some of the gold in Ft. Knox got this treatment during the Clinton years and was then pawned off on the communist government in China. I've heard this rumor many times over the years, but as far as I know, with the exception of one possible example in the Balkins, nobody has ever produced one of these bars. That is countered by the fact that someone that ended up with the fake gold is afraid to expose it lest their own secret activities are exposed.[/QUOTE]
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