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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (94739)	9/19/2012 4:58:26 AM
From: Hawkmoon	Read Replies (2) \| Respond to of 217549

Was just about to post that article to you TJ.. It's TRULY a scary thing when a supposedly reputable gold merchant is involved in the counterfeiting of Gold bars. Who of us has the expertise to actually know the difference in weight/size of a real gold bar and able to discern the difference? It definitely has potential for putting a crunch on gold demand.. Hawk

To: TobagoJack who wrote (94739)	9/19/2012 12:47:03 PM
From: Canuck Dave	Read Replies (4) \| Respond to of 217549

Yoicks! I think you can use sonic tests non-invasively to determine if it's really gold. The atomic weights of gold and tungsten are nearly identical, so Archimedes would be stumped. When I was looking at gold bars a few years ago, I asked the dealer how he could tell (tungsten in the bars isn't a new problem), and he said he weighs them. If they're a gram off he won't take them. It seems weight is an easy thing to fake, so I wasn't entirely convinced. So... how do we know those things sitting in our safe deposit boxes are the real thing, serial numbers or not? Anyway, gives the phrase "fractional reserves" a whole new meaning. CD