Conspiracy theorists went into a feeding frenzy. Some suggested this incident was the 'tip of the iceberg' in the theory of a vast conspiracy that the world's gold supplies are being debased by filling gold ingots with tungsten.
|"Are the gold bars in Fort Knox really made of the precious metal? Or has the U.S. government secretly sold off the nation's stockpile and replaced it with metal bars that are only painted gold?|
Ron Paul wants to find out. Giving legitimacy to an Internet conspiracy theory that the gold in Fort Knox is fake, the iconoclast Republican congressman from Texas has asked adminstration officials to audit the purity of the nation's 700,000 gold bars held in Fort Knox, according to an internal Treasury document obtained by CNBC.
|Obtaining gold plated tungsten is just a click away. China Tungsten Manufacturing & Sales Corp allows consumers to purchase directly.|
The site advertises:
People have discovered that tungsten is environmental-friendly, durable and hardness, the most important is that its density of 19.25g/cm3 is just about the same density as gold (19.3g/cm3), which bears the similar specific gravity.