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Counterfeit Gold Bars

Submitted by Roanman on Tue, 09/25/2012 - 08:01


From Zero Hedge.


We posted here at JustThinking some months ago about tungston filled gold bars being discovered in Europe.

Within that post was a link to a Forbes piece in which they opined that this was a one off deal and that it was higly unlikely that anyone would go to the trouble of counterfeiting gold bars on a large scale.

After we got up off the floor from from our uncontrollable fit of rib breaking laughter, we offered the opinion that it was bars measured in kilos and up that would be of concern.

On behalf of both Forbes and ourselves.


At least ten counterfeit ten ounce bars have been discovered on Manhattan Island in New York City.




Now, here's the real interesting part ... at least to us.

China Tungston is openly advertizing on the internet both gold plated tungston filled bars and coins, among other things, and has the following to say about themselves.


Notice: Chinatungsten Online (Xiamen) Manu.&Sales Corp. is a very professional and serious company, specializing in manufacturing and selling gold-plated bullion and tungsten related products for more than two decades. Our gold-plated bullion tungsten alloy product is only for souvenir and decoration purpose.We can provide all kinds of gold-plated bullion as your requirements. Here we declare: Please do not use our gold-plated bullion products for any illegal purpose.  Gold-plated bullion products offered by us are qualified.

We're not to sure what "qualified" means in this conversation.

Therefore, if you are interest in tungsten alloy golden bullion or gold-plated bullion, please feel free to, or telephone 86 592 512 9696.