14-11-2009, 10:11 AM
My first thought on spotting this a couple of days ago was that it plays straight into the hands of the Banksters Gold Cartel.
Subsequent trawling around the gold-bugs sites confirms this view in spades. There is now real fear in the hearts of those in possession physical gold - is it fake? How can I find out?
And on the part of potential buyers: How do I know it isn't fake?
Doesn't take a genius to work out the net effect of that on price.
There are non-destructive tests available but, on the face of it all involve either prohibitively expensive x-ray/ultra-sound/resonant frequency type measuring equipment or long-winded procedures to measure heat conductivity, specific heat or elasticity. I guess the race is on to provide a relatively cheap/simple testing device. Cheap scales have been sold on eBay for years but they're not capable of detecting this type of fakery (ie a density difference of .36%)
For sure without a cheap simple test, retail gold market confidence will suffer.
Subsequent trawling around the gold-bugs sites confirms this view in spades. There is now real fear in the hearts of those in possession physical gold - is it fake? How can I find out?
And on the part of potential buyers: How do I know it isn't fake?
Doesn't take a genius to work out the net effect of that on price.
There are non-destructive tests available but, on the face of it all involve either prohibitively expensive x-ray/ultra-sound/resonant frequency type measuring equipment or long-winded procedures to measure heat conductivity, specific heat or elasticity. I guess the race is on to provide a relatively cheap/simple testing device. Cheap scales have been sold on eBay for years but they're not capable of detecting this type of fakery (ie a density difference of .36%)
For sure without a cheap simple test, retail gold market confidence will suffer.
Peter Presland
".....there is something far worse than Nazism, and that is the hubris of the Anglo-American fraternities, whose routine is to incite indigenous monsters to war, and steer the pandemonium to further their imperial aims"
Guido Preparata. Preface to 'Conjuring Hitler'[size=12][size=12]
"Never believe anything until it has been officially denied"
Claud Cockburn
[/SIZE][/SIZE]
".....there is something far worse than Nazism, and that is the hubris of the Anglo-American fraternities, whose routine is to incite indigenous monsters to war, and steer the pandemonium to further their imperial aims"
Guido Preparata. Preface to 'Conjuring Hitler'[size=12][size=12]
"Never believe anything until it has been officially denied"
Claud Cockburn
[/SIZE][/SIZE]