Monday, December 28, 2009

Fort Knox Gold plated tungsten

Gold-plated tungsten bars scandal is about to erupt



it looks that a big part of Gold bars in Banks vaults are in fact tungsten plated gold , the scandal is just starting to leak and it could cause the burst of the Gold bubble , if the general public starts losing faith in the gold not being able to spot the real from the fake cause it wouldn't be too difficult to make convincing fake gold bars out of gold-plated tungsten (which costs $30 a pound compared to $12,000 a pound for gold).


Crude Oil Gold Futures Higher

Crude, Gold Futures Higher

Market News Video
Dec. 28, 2009


Crude oil futures are up for the fourth straight session today, in anticipation of positive economic reports later this week. Also driving oil higher is a weaker dollar.

Fannie, Freddie Shares Surge on Treasury Promise

Investors are watching shares of Fannie Mae (FNM) and Freddie Mac (FRE) this morning. The two lenders are sharply higher on Monday, in the first session since news that week that the Treasury Department will continue to support the firms.

DAILY NEWS ON BOOZE