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> Nobody checks it The New York Fed’s gold is constantly being checked by bajillions of people. > last time they did, a bunch of bars were made of tungsten S
by JumpCrisscross 7mo ago
> Nobody checks it
The New York Fed’s gold is constantly being checked by bajillions of people.
> last time they did, a bunch of bars were made of tungsten
Source?
- kasey_junk 7mo agoIt’s a long time gold bug conspiracy theory. There was a case of a Canadian bar that came from a bank that had a tungsten core but there was a huge outcry about that and it was decades ago. Chinese gold has been tungsten spiked, fairly often actually, but it’s a known fraud vector there so is broadly audited.