Saturday, November 14, 2009 10:24:44 AM
Tungsten (NOT GOLD), ex..with pricing remaining between US$2.50 per pound
and US$5.00 per pound for over 20 years tungsten pricing
surged in January 2005 to just over US$15.00 per pound and
have remained resilient since.
More recently tungsten prices have remained around
US$12.50 per pound, and last time I checked it was around $13
per pound....
Roughly 15 years ago – during the Clinton Administration
[think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] –
between 1.3 and 1.5 million 400 oz tungsten blanks were
allegedly manufactured by a very high-end, sophisticated
refiner in the USA [more than 16 Thousand metric tonnes].
Subsequently, 640,000 of these tungsten blanks received
their gold plating and WERE shipped to Ft. Knox and
remain there to this day.
I know folks who have copies of the original shipping docs
with dates and exact weights of “tungsten” bars shipped to
Ft. Knox.
http://news.goldseek.com/GoldSeek/1258049769.php
You can judge for yourself.
While the Fed prints money like no one else could -
I really doubt that was the intent back in 1864,
when the U.S. adopted “In God We Trust” -
as their official motto.
--
END THE FED
http://endthefedusa.ning.com/
God Bless
and US$5.00 per pound for over 20 years tungsten pricing
surged in January 2005 to just over US$15.00 per pound and
have remained resilient since.
More recently tungsten prices have remained around
US$12.50 per pound, and last time I checked it was around $13
per pound....
Roughly 15 years ago – during the Clinton Administration
[think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] –
between 1.3 and 1.5 million 400 oz tungsten blanks were
allegedly manufactured by a very high-end, sophisticated
refiner in the USA [more than 16 Thousand metric tonnes].
Subsequently, 640,000 of these tungsten blanks received
their gold plating and WERE shipped to Ft. Knox and
remain there to this day.
I know folks who have copies of the original shipping docs
with dates and exact weights of “tungsten” bars shipped to
Ft. Knox.
http://news.goldseek.com/GoldSeek/1258049769.php
You can judge for yourself.
While the Fed prints money like no one else could -
I really doubt that was the intent back in 1864,
when the U.S. adopted “In God We Trust” -
as their official motto.
--
END THE FED
http://endthefedusa.ning.com/
God Bless
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