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.
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. --
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