Chinese Company Marketing FAKE Gold!
While some people are in quite a frenzy over the fake-gold scare in response to last week's news that fake gold had infiltrated Manhattan's market, one company is celebrating and proudly selling the stuff.
ChinaTungsten Online isn't shy about marketing their “tungsten-alloy services” for anyone interested in purchasing tungsten-plated gold coins that look like the ones pictured in the photos below:
*Photos courtesy of Zero Hedge.
From their website:
Tungsten is the only lower value metal that has a specific density close enough to gold to fabricate passable counterfeit pieces of the same size and weight as genuine Pictures of tungsten fake gold coins and ingots. Over the years, there have been a few isolated reports of smaller tungsten fake gold coin found to have been drilled to remove some of the gold which was replaced with tungsten. However, tungsten fake gold coin is far more profitable to fabricate larger original bars of tungsten that are then scanning gold.
Because the existence of counterfeit tungsten fake gold coin could have such a huge impact on the financial markets, there is a huge potential for deception and misinformation to be passed around. Be very careful about automatically believing any story you may hear. For your own protection, tungsten fake gold coin would be better to take physical possession of the smaller sizes of tungsten fake gold coins and now, and know that what you own genuine solid tungsten fake gold coin. [ZH: reread that sentence: "genuine solid tungsten fake gold coin"]
If coins aren't your thing and you want the real bullion stuff, fear not – they've thought of everything!
The company also provides tungsten-based fake gold bars “to protect the wire from corrosion or to solder it to other metals.”
The sales professionals here are careful to remind readers how “professional and serious” their company is. In a note of accolade, they point out that they've been selling tungsten fake gold products for more than two decades.
*Note: there is a disclaimer advising buyers that the tungsten gold should be bought as souvenirs or for decorative purposes.+22
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