Fake Gold Bars Turn Up in Manhattan

Gold dealer shouldn't complain -- at least he got metal, not paper

Section:

Fake Gold Bars Turn Up in Manhattan

From WNYW-TV5, New York
Tuesday, September 18, 2012

http://www.myfoxny.com/story/19578206/fake-gold-bars-turn-up-in-man...

NEW YORK -- In jewelry stores on 47th Street and Fifth Avenue the important trust between merchants has been violated. A 10-ounce gold bar costing nearly $18,000 turned out to be a counterfeit.

The bar was filled with tungsten, which weighs nearly the same as gold but costs just over a dollar an ounce.

Ibrahim Fadl bought the bar from a merchant who has sold him real gold before. But he heard counterfeit gold bars were going around, so he drilled into several of his gold bars worth $100,000 and saw gray tungsten -- not gold.

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.

... Dispatch continues at http://www.gata.org/node/11756 ...

Views: 166

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by Less Prone on September 21, 2012 at 3:20pm

Copper is a great malleable metal. You can make almost any kitchenware of it, quite easily.

Comment by TheLasersShadow on September 20, 2012 at 2:08pm

I agree Tara gold is for storing wealth so after the depression collapse is over when legit trade and order starts up again you can convert back to a currency or invest. I don't own gold just silver, food and guns.

People are going to try to rob you for anything! If you have just a small amount of food people are going to try to rob you. Best solution is to have a handgun on the hip and to be very good with it along with always having your favorite rifle very close by at all times. We're going to have to harden ourselves and be ready to defend ourselves with lethal force. If your not able to do that you will be a victim. The Ghandi routine and being a nice person won't cut it.

Comment by Tara on September 20, 2012 at 1:49pm

I agree DTOM! And also, food is of the greatest value in desparate times. You certainly can not eat gold bars unless... you get a Willy Wonka bar with a golden ticket ;)

Comment by DTOM on September 20, 2012 at 7:38am

I've reached the opinion that it would be foolish to trade with gold.

Word gets out you have gold, unsavory individuals will automatically assume that you have more gold +XYZ and will come to get it.

I think that in a post-collaspse scenerio it's going to be raw stock and materials that cannot be produced outside of specialized industry that would be desirable.

Silver, tungsten, lead etc.

Copper pipe and wire would be better than bars, and have more practical use. Old copper coins too, for general trade.

Comment by Less Prone on September 20, 2012 at 7:15am

Maybe we should start buying tungsten bars, instead of gold. Certainly they would not be fake. More options; platinium, silver, copper ...

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Burbia posted a video

Catherine Fitts: Epstein, CIA Black Budget, the Control Grid, and the Banks’ Role in War

Programmable digital currency is the final piece of the global control grid that’s finally snapping into place. Catherine Austin Fitts on how to defeat it. C...
10 hours ago
Евеліна posted a status
"цікаво, воно цитатами виділяє, як моє особливе "я""
yesterday
Евеліна posted a status
"на роботі, сонце світить, потрібно перепочити."
yesterday
Евеліна posted a blog post

Ключові слова в тексті: як органічно їх вписати в статтю

Що таке ключові слова і чому вони важливіКлючові слова — це слова або фрази, які користувачі…See More
yesterday
Евеліна is now a member of 12160 Social Network
yesterday
Burbia left a comment for pohonemas33 team
"Quit promoting gambling on another site"
yesterday
tjdavis posted a photo
yesterday
pohonemas33 team commented on DTOM's photo
Thumbnail

Orwell - Football, Beer & Gambling

"kalau kamu cari tentang trik dan tips main slot online biar gampang menang, coba cek di situs…"
Wednesday
pohonemas33 team commented on tjdavis's photo
Thumbnail

DejaVu

"coba iin main game slot online di situs POHONEMAS33"
Wednesday
tjdavis posted a video

I, Pet Goat VI by - Seymour Studios | I, Pet Goat 6

I, Pet Goat VI by - Seymour Studios | I, Pet Goat 6It's time for great JihadI presented the events in the Middle East as an animated short film based on the ...
Tuesday
tjdavis posted a photo
Monday
rlionhearted_3 posted photos
Monday
tjdavis posted a video

Official Trailer NOVA '78 directed by Aaron Brookner and Rodrigo Areias

NOVA '78 is a documentary about New York City's 1978 Nova Convention, the legendary counterculture gathering featuring William S. Burroughs, Patti Smith, Fra...
Feb 22
Doc Vega posted blog posts
Feb 21
tjdavis favorited Burbia's video
Feb 19
tjdavis favorited cheeki kea's photo
Feb 19
tjdavis posted a video

Peter Sellers - The Party (opening scene)

HQ HD "Does that include television sir ?" ... is still the best trolling paradigm in a movie.Support this channel: https://www.patreon.com/MusicPoints#Pet...
Feb 19
Doc Vega posted blog posts
Feb 19
Snakedaddy favorited Parrhesia's video
Feb 19
Doc Vega commented on Doc Vega's blog post The Rabbit Hole
"Cheeki kea, I pray that the insanity doesn't deepen and there's been an attack by some 18…"
Feb 18

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted