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Message: Another tungsten comment

Another tungsten comment

posted on Mar 02, 2010 05:28PM

From tonight's Midas. I just can't imagine the new york/dc mafia EVER allowing an audit of Ft Knox.

Bill
The ramifications of the tungsten bar discovery are being discussed all over the internet today, but it may take a few days for some kind of consensus to develop as to what effect on the gold market the tungsten revelations may have.

One obvious conclusion is that the pressure will grow for audits both of gold at Ft.Knox, and elsehwhere worldwide, plus an audit of the Fed.

In the meantime I found a list of the world's gold refineries, of which there are over 50, according to the LBMA on their good delivery list of acceptable refiners.

The LBMA's disclaimer on the list makes interesting reading.

" Inclusion in this list does not constitute or imply any representation or warranty by the LBMA as to creditworthiness or as to the services or goods supplied or quality or compliance with any specification relating thereto. No liability for direct or consequential loss, howsoever caused, whether by negligence or otherwise, whether by use of this list or reliance thereon, is accepted by the LBMA. "END

http://www.lbma.org.uk/delivery/goldlist

Best
Alan

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