tag:blogger.com,1999:blog-8939666320943790100.post3416801832897831710..comments2024-02-11T01:14:21.904-08:00Comments on SURVIVING IN ARGENTINA: Fake Gold Coins/BarsFerFALhttp://www.blogger.com/profile/07578136334334588454noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-8939666320943790100.post-64282120885824467112013-09-22T04:10:40.569-07:002013-09-22T04:10:40.569-07:00here are also a large number of nations whose note...here are also a large number of nations whose notes clearly specify that the possessor of the note will be redeemed in gold as per the value of the note.<br /><br />bulliontradingllc.comAnonymoushttps://www.blogger.com/profile/13293668122266413536noreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-36293973568612329312013-08-07T12:59:51.611-07:002013-08-07T12:59:51.611-07:00Re TampaMark at 8:12 am:
1) I tried your suggesti...Re TampaMark at 8:12 am:<br /><br />1) I tried your suggestion with a strong magnet on a small coil of tungsten from a light bulb. The magnet did not seem to have any influence on the coil. Possibly it would show some effect on a bigger bar of tungsten.<br /><br />2) I have seen some videos on Youtube where a technican at General Electic tests gold bricks with ultrasound -- similar to the device used to examine babies in their mother's womb or to detect fractures in steel rails. It supposedly can identify tungsten inserts.<br /><br />3) However, the problem is that any test to distinguish fakes must be simple and highly reliable and give clear results -- else people will slowly abandon gold if there is some risk they will be fooled by fraud. <br /><br /> Too much money is at stake -- and people can't afford to have their assets turn out to be worthless --or not accepted for exchange because they are questionable. <br /><br />I understand the shortcoming of fiat money (dollars) but it at least is AGGRESSIVELY protected against counterfeiting by the major resources of the US Government. Who protects gold?<br />Will Credit Suisse refund your money if you buy a fake gold bar with their mark?Don Williamsnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-15397107228263293052013-08-07T12:10:59.831-07:002013-08-07T12:10:59.831-07:00Re Anon at 3:22 am
are you joking with us?
1) Fa...Re Anon at 3:22 am<br /><br />are you joking with us?<br /><br />1) Fake silver coins have been coming into the USA from China as well:<br /><br />http://www.dailyherald.com/article/20110421/news/704219785/ <br /><br />2) If you google "fake Morgan dollars" you will see a lot of discussion in coin collector forums about fake Morgans.<br /><br />http://coins.about.com/od/worldcoins/ig/Chinese-Counterfeiting-Ring/Chinese-Fake-Morgan-Dollars.htmDon Williamsnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-34066768409511525522013-08-05T19:27:02.317-07:002013-08-05T19:27:02.317-07:00just buy tungstenjust buy tungstenAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-64271358270184086282013-08-05T03:22:13.228-07:002013-08-05T03:22:13.228-07:00Used silver coins.
I've been buying Morgan sil...Used silver coins.<br />I've been buying Morgan silver dollars for this very reason.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-37642242200019215722013-08-04T08:12:02.283-07:002013-08-04T08:12:02.283-07:00While ultrasound is not workable on one ounce coin...While ultrasound is not workable on one ounce coins and bars there is another precaution one can take to detect tungsten counterfeits.<br /><br />First, tungsten is paramagnetic, which means it will attract magnetic current weakly but still attract.<br /><br />To detect tungsten you get a small rare earth magnet. These are very cheap but have a very strong magnetic current. IF tungsten is used to fill the gold to match the specified weight of the gold the rare earth magnet will attract to it weakly, but still attract. So one just nudges the magnet or gold towards each other until the magnet attaches to the gold, and there you have your counterfeit. TampaMarkhttps://www.blogger.com/profile/15149751088277081912noreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-47069269842907493072013-08-03T18:15:22.096-07:002013-08-03T18:15:22.096-07:00Another interesting thing is that platinum fell be...Another interesting thing is that platinum fell below the price of gold in 2008 as the depression hit -- in part because it is an industrial metal (automobile catalytic converters) and demand fell:<br /><br />http://resourceclips.com/wp-content/feature_images/Platinum%20graph%201%20250313.jpg <br /><br />In the past year, however, it has moved up past the price of gold and is now about $130 higher. Don Williamsnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-26256999335205929242013-08-03T17:58:38.390-07:002013-08-03T17:58:38.390-07:001) It occurs to me that it might be worthwhile to ...1) It occurs to me that it might be worthwhile to buy some of the fakes.<br /><br />2) As we discussed here in the past, it would be useful to have an easily found , easily compromised safe in the house to divert burglars/armed robbers attention away from the real , hidden safe. <br /><br />3) The decoy safe would be a much more plausible diversion if it had some fake gold coins/bars that would easily pass a robber's inspection. <br /><br />In contrast, a stack of cut newspaper with some $100 bills around it secured with a rubber band might be discovered -- and would reveal the decoy nature of the safe.<br /><br />You just don't want to mix the fake gold up with the real gold. Don Williamsnoreply@blogger.com