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The Federal Reserve Bank of New York maintains a vault that lies 80 feet (24 m) below street level and 50 feet (15 m) below sea level,[7] resting on Manhattan bedrock. ...Currently, it is reputedly the largest gold repository in the world...
en.wikipedia.org...
In October 2009, China reportedly received a large shipment of gold, containing some 6,000 bars, weighing 400 ounces each. When it was received, the Chinese government asked that tests be performed to guarantee the purity and weight of the gold bars. In this test, four small holes were drilled into the bars, and the metal was analyzed. Officials were shocked to find the bars were bogus. They contained cores of tungsten, with only an outer coating of real gold. What’s more, these gold bars, containing serial numbers for tracking, originated in the United States and had reportedly been stored in Fort Knox for years.
Originally posted by gladtobehere
Fake gold bars turn up in Manhattan
So whos responsible?
There have been several stories about these fake gold bars. Some have speculated that because of the sophistication of the fakes, it has to be a group with substantial resources. In some cases, the central banks themselves are under suspicion.
edit on 19-9-2012 by gladtobehere because: (no reason given)
greed is the root of all evil. a second line isn't even required
money has never been the problem, our internal ethics and morals are the problem.
Money was created out of necessity for mankind. Money was exploited by greedy corrupt souls
to control man. If you believe that money is the problem, you absolve them off the guilt they rightfully bare.
Originally posted by Mike.Ockizard
Close but the root of all evil is money
Originally posted by wiser3
Actually "The love of money is the root of all evil"
Originally posted by Thunderheart
Can't watch the video here but let me guess,
Tungsten covered by a layer of real gold The Chinese knew about this a while back.
In October 2009, China reportedly received a large shipment of gold, containing some 6,000 bars, weighing 400 ounces each. When it was received, the Chinese government asked that tests be performed to guarantee the purity and weight of the gold bars. In this test, four small holes were drilled into the bars, and the metal was analyzed. Officials were shocked to find the bars were bogus. They contained cores of tungsten, with only an outer coating of real gold. What’s more, these gold bars, containing serial numbers for tracking, originated in the United States and had reportedly been stored in Fort Knox for years.
stevenjohnhibbs.wordpress.com...
Originally posted by ken10
Make these fake bars filled with tungsten, that were only ever intended to be traded (giving the illusion there is enough gold to cover all monies).
Is that plausible ?
Originally posted by CosmicEgg
Not wanting to derail this thread by any means but ... does anyone wonder why we even accept gold as valuable on any level? Why? It doesn't do anything miraculous. It isn't strong by any means. It's shiny. That's about it. Well whoop-dee-doo. So what? I like stones a lot more. Let's make stones our standard.
Or better yet, let's do away with the concept altogether. Doesn't matter what it is, it's a product of Mother Earth anyway, and in that respect it's all of equal value and it can't really be owned now, can it? Let's be fair here.
But you guys know too that under the WTCs at the time of the infamous event there were truckloads of gold being hauled away and allegedly all roads down there led to the Federal Reserve.
No worries. They're about to get what they deserve.
reply to post by grey580
Link I've been hearing about this for years... But now, if this is real of course, this could be skyrocket gold prices. What makes so devious is a real gold bar is purchased with the serial numbers and papers, then it is hollowed out, the gold is sold, the tungsten is put in, then the bar is closed up. That is a sophisticated operation. MTB, the Swiss manufacturer of the gold bars, said customers should only buy from a reputable merchant. The problem, he admits, is Ibrahim Fadl is a very reputable merchant. Raymond Nessim, CEO Manfra, Tordell & Brookes, said he has reported the situation to the FBI and Secret Service. The Secret Service, which deals with counterfeits, said it is investigating. Here is the FOX NY news link link Looking at the destroyed bar. I'm having a hard time believing that the gold was hollowed out. It looks like a cap of gold was cast and put outside the bar. And then soldered together. No one would hollow out gold like that.
Originally posted by CosmicEgg
Not wanting to derail this thread by any means but ... does anyone wonder why we even accept gold as valuable on any level? Why? It doesn't do anything miraculous. It isn't strong by any means. It's shiny. That's about it. Well whoop-dee-doo. So what? I like stones a lot more. Let's make stones our standard.
Or better yet, let's do away with the concept altogether. Doesn't matter what it is, it's a product of Mother Earth anyway, and in that respect it's all of equal value and it can't really be owned now, can it? Let's be fair here.
But you guys know too that under the WTCs at the time of the infamous event there were truckloads of gold being hauled away and allegedly all roads down there led to the Federal Reserve.
No worries. They're about to get what they deserve.