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Take bullion delivery fast
Numismatic News ^
| December 8, 2014
| Pat Heller
Posted on 12/10/2014 10:16:55 AM PST by george76
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1
posted on
12/10/2014 10:16:55 AM PST
by
george76
To: george76
What about the tungsten scams?................Looks real, feels real, but inside it’s worthless..................
2
posted on
12/10/2014 10:18:01 AM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: george76
I think there are some major problems with supply and demand in the gold industry, and no one should trust to delayed delivery, or storage schemes.
3
posted on
12/10/2014 10:19:01 AM PST
by
BlackVeil
('The past is never dead. It's not even past.' William Faulkner)
To: Red Badger
There is a duty of the buyer to inspect and make a determination of compliance with the specifications.
Anybody buying tungsten rather than pure gold is responsible for being scammed
Caveat Emptor
4
posted on
12/10/2014 10:23:29 AM PST
by
bert
((K.E.; N.P.; GOPc.;+12, 73, ..... Obama is public enemy #1)
To: BlackVeil
Germany and the Dutch government also want some of their gold stored by the US Federal Reserve back.
5
posted on
12/10/2014 10:27:06 AM PST
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: bert
What the scammers do is hollow out real gold bullion bars and replace the missing gold with tungsten, then seal up the end with real gold, so from the outside it looks and feels like real gold bullion.
Tungsten density is 19.25 g/cubic cm and gold density is 19.30 g/cubic cm.
Only a very fine and accurate scale could tell the difference in weight.................
6
posted on
12/10/2014 10:31:46 AM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: george76
I’ll look forward to the episode of Storage Wars where Dave opens up a box containing gold bullion.
7
posted on
12/10/2014 10:40:05 AM PST
by
AU72
To: AU72
Remember Horaldo opened up - on live TV - in Chicago an alleged vault that he thought was full of mob gold ?
8
posted on
12/10/2014 10:43:52 AM PST
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: AU72
Ill look forward to the episode of Storage Wars where Dave opens up a box containing gold bullion. Especially if it turns out to be tungsten.
YUUUP!
9
posted on
12/10/2014 10:44:38 AM PST
by
cicero2k
To: Red Badger
What about the tungsten scams?................Looks real, feels real, but inside its worthless..................It's not entirely worthless. You can use it to upgrade your ammo to armor piercing before tracking down the scammer.
10
posted on
12/10/2014 11:03:22 AM PST
by
Myrddin
To: Myrddin
LOL!..............Would be kinda difficult to melt down............. Tungsten Melting point = 3695 K (3422 °C, 6192 °F)
11
posted on
12/10/2014 11:05:26 AM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: george76
12
posted on
12/10/2014 11:08:23 AM PST
by
HiTech RedNeck
(Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
To: Red Badger
What is the smallest, in ounces, bars that you know of that have been compromised with tungsten?
To: george76
I was in the business and I’ve heard enough stories to assert the following as true beyond doubt. If you aren’t looking at the guy selling you gold or silver, you are asking to be cheated. You may be lucky but luck is nothing to depend upon. The absolute safest buy is silver in the form of junk silver, i.e., pre1965 US dimes, quarters and half-dollars. Don’t go for those bright, shiny uncirculated ones. They’re too easy to fake
14
posted on
12/10/2014 11:30:20 AM PST
by
muir_redwoods
("He is a very shallow critic who cannot see an eternal rebel in the heart of a conservative." G.K .C)
To: The_Republic_Of_Maine
Full bullion size bars is all that I have read about. A jewelry concern in NYC was scammed ............
http://www.businessinsider.com/tungsten-filled-gold-bars-found-in-new-york-2012-9
15
posted on
12/10/2014 11:35:22 AM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: The_Republic_Of_Maine
16
posted on
12/10/2014 11:37:04 AM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: Red Badger
Only a very fine and accurate scale could tell the difference...Or a hacksaw. =;^)
17
posted on
12/10/2014 11:54:18 AM PST
by
Bloody Sam Roberts
(Laws that forbid the carrying of arms disarm only those who are not inclined to commit crimes.)
To: Bloody Sam Roberts
Yes, that’s ONE way!...................
18
posted on
12/10/2014 12:05:53 PM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: cicero2k
I thought Dave quit the show. Said most of the scenes were planted merchandise...................
19
posted on
12/10/2014 12:06:47 PM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: Red Badger
He’s back, but only recently. Yes, the planted items are obvious.
20
posted on
12/10/2014 12:34:45 PM PST
by
cicero2k
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