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Tungsten Bar Scam

IMG Auteur

Bron Suchecki

GoldChat

Published : June 10th, 2011

116 words - Reading time : less than a minute

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FOLLOW : Fake Bars Precious Metals Tungsten Tungsten Vietnam

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Category : Manipulation and Fractional Gold

I'm suspicious of tungsten gold bar stories. This story on fake bars in Vietnam confirms my suspicion.

It say that reports of fake bars caused a 50% drop in gold turnover, which reduced fiat inflation as it reduced the use of, and holding of, gold as money. As the story notes, previously "government agencies had to apply a lot of measures to stabilize the market. The State Bank of Vietnam had strenuously resisted with the criticism from the public when it was compiling the government decree [ie restrictions] on bullion gold trade."

Convenient. Remember this play book when you start to see stories about fake bars coinciding with high inflation/mass interest in precious metals.

Bron Suchecki

Data and Statistics for these countries : Vietnam | All

Gold and Silver Prices for these countries : Vietnam | All

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IMG Auteur

Bron Suchecki 13 abonnés

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Bron Suchecki is the editor or Goldchat.

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