In an earlier short article entitled “Beware of Fake Gold,” Bullion Trading LLC reported about a comparable story: a 1-kg gold bar that had currently been accredited as 99.98% pure by X-ray fluorescent tests turned out to be fake. As it turned out, the gold in the bar had actually been drilled out and replaced with the chemical aspect tungsten.
And now, that is precisely what has occurred today! The Chicago Jewelers Association has actually discovered a number of kilo bars taken in on the east coast that had likewise been drilled out and filled out with tungsten. However this time both the wanted look and weight were precise! The length of time have these counterfeit bars remained in flow and could they remain in your vault today? The across the country scare is so extreme that Bullion Trading LLC is really anxious and not exactly sure who we can trade gold from at this time. Will bullion dealers across the country need to stop all trading until this criminal offense alert is removed? And what guarantee exists that such a seepage could ever be genuinely fixed?
In an earlier post entitled “Beware of Fake Gold,” Bullion Trading LLC reported about a comparable story: a 1-kg gold bar that had currently been accredited as 99.98% pure by X-ray fluorescent tests turned out to be phony. As it turned out, the gold in the bar had actually been drilled out and replaced with the chemical aspect tungsten. The nationwide scare is so severe that Bullion Trading LLC is really worried and not sure who we can trade gold from at this time.
The Chicago Jewelers Association suggests all buyers to cut all kilo bars at 10-oz or over in half prior to acquiring. But undoubtedly this is really troublesome and can not be done each time. Is the entire bullion market in jeopardy of becoming stagnant? Today we are at a state where the future doubts. Bullion Trading LLC has long prided itself on its dependable credibility of reasonable costs to clients, and so this scare only raises our caution even higher as we wish to continue our company of trading bullion.