Rust discovered on Bank of Russia .999 gold coins

Since gold is totally innert it is impossible for it to rust. This can only mean the purity of the Russian gold coins is in question . Iwonder how their gold bars are doing? Particularly in light of a lot of gold bars turning up with tungsten cores.

www.zerohedge.com...

Could this not be caused by oxidisation of other minerals in the ground around them, or has it been proven that its the coins actually rusting?.

Not sure if this has been posted before in regards to the gold bars made of tungsten, but Doctor Peter David Better was warning about that back in the 70's. He discusses it at length in his audio letters available here.

peterdavidbeter.com...

well, after reading the linked article,

it seems the Russian supplier/mint in question is shutting off all sales and doing the equivelent American-Way gesture:
Forming a "Blue Ribbon Panel" to Investigate



[edit on 17-7-2010 by St Udio]

reply to post by The Cusp


and which one of those 100 or so audio files does he discuss gold?

Originally posted by LurkerMan
reply to post by The Cusp

 

and which one of those 100 or so audio files does he discuss gold?

Been awhile since I listened to them, but I believe he covers that in the very first ones.

This figures. There has been both on ATS and many other gold sites talk of the on going conspiracy in the precious metals market to keep the prices on gold as well as silver artificially low. These were from multiple sources and I believe anyway, totally expected behavior from TPTB. They don't want anyone but themselves to hord the real gold right now. They want us all to be stuck holding there paper money. That's because gold has been a very good hedge seemingly forever against inflation. Inflation and deflation of theior paper fiat currency is exactly how they steal about 85% of our wealth.

I would say this proves several things: First, that if you can, you should invest some savings in gold. Despite the record highs, gold will most likely continue to skyrocket in value. Just be careful because they have most likely flooded the market with feaux gold as part of their plan to keep gold prices down. And make sure you have gold in hand, not certificates. They'll be as worthless as fiat money. There is definately not enough real gold to back up paper gold.

Second, it proves they really are setting the people of the world to take a fall. It can be the only reason to doctor the market in such a way. It's been there M.O. since the beginning anyway. Control both sides of the game and thus the outcome, then no matter which side wins, they come out ahead.

Meh, sorry. Rant over. Moral of the story, buy some precious metals. It will most likely hedge your savings against the soon to come rampant devalue of the paper currencies.