An Austrian banking source has reportedly claimed that Deutsche Bank ‘fulfilled’ one gold repatriation in recent years with the help of Tungsten and further claims that the tungsten salted gold bars have turned up in Asia.
In 2009, Rob Kirby first uncovered detailed information regarding a massive plot to replace 400 oz good delivery gold bars with highly sophisticated tungsten filled fakes– and even provided evidence that the bars had been swapped with the gold held at Fort Knox.
Widely scoffed at by the financial media in 2009, Kirby appears to have released a Pulitzer worthy story nearly half a decade ahead of its time, as if the Austrian source’s claims are true and Deutsche Bank has in fact fulfilled a recent gold repatriation request with gold plated tungsten, the ramifications are that not only is every single claim made by GATA regarding gold and silver manipulation are 100% accurate, but that real, physical metal is now in desperately short supply and the jig is nearly up for the bullion bank cartel.
This is not 10 small retail PAMP bars found in the Manhattan jewelry district in which a retail jeweler was duped, but a sophisticated con of epic proportions, in which one of the world’s largest bullion banks has reportedly attempted to con a large client.
The Slog reports that at least some of the tungsten tainted gold has now turned up in Asia and that as alleged by Rob Kirby, the source appears to be the US:
A Slog source in Austria is now alleging that Deutsche Bank ‘fulfilled’ one gold repatriation in recent years with the help of Tungsten. He further claims that some of this has now turned up in Asia. Their origin is thought by Beijing to be the United States of America.
This is no small retain scam:
We are talking about an Establishment eurobank alleged to have been caught short on a fulfilment order, and using the tungsten scam to fill the gap.
This is an entirely different criminal intent (from the Manhattan jewelry district discovery): not the somewhat crude attempt to con a retail greenhorn, but rather an well-planned and sophisticated ‘salting’ of the gold bars by a major bank….designed to fool even an expert engaged in approving the purchase for a large sovereign client.
Unlike when Rob Kirby first reported the story in 2009, in the wake of the massive LIEBORGATE scandal, bullion banks fulfilling gold repatriation requests with tungsten salted gold is suddenly 100% believable by the general public.
There is no reason at all for anyone to see this as far-fetched. The SME scams pulled by RBS, and Libor manipulations carried out across the piece of Establishment banking, have been solid evidence in recent times of desperation on the part of those suddenly faced with a brave new world where Berlin wants all its gold back….but the gold isn’t there any more.
Mr. Chavez, you may want to consider having the subject of your photo-op, as well as your entire 100 tons of gold repatriated in 2011 remelted ASAP. Or, perhaps you are already perfectly aware of this matter and that explains why the tungsten filled bars are suddenly turning up in Asia.