Zero Hedge: Can gold-plated tungsten be rehypothecated too?
Submitted by cpowell on Sun, 2012-03-25 02:01. Section: Daily Dispatches
10p ET Saturday, March 24, 2012
Dear Friend of GATA and Gold:
Zero Hedge tonight reports on another documented case of a tungsten-loaded gold bar and, unlike mainstream gold market analysts, grasps the crucial underlying point:
"Now, with the bulk of popular physical gold held in top-secret, private warehouses around the world, where it allegedly backs the balance sheets of the world's central banks, yet nobody can confirm its existence, nor audit the actual gold content, it is understandable why increasingly more are wondering: Just how much gold is there? And alongside that -- while gold (or is it GLD?) can be rehypothecated, can one do the same with tungsten?"
The Zero Hedge commentary is headlined "Tungsten-Filled 1-Kilo Gold Bar Found in the UK" and it's posted here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold Anti-Trust Action Committee Inc.
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