Warning: Counterfeit Gold Bars Spotted in U.S.

Get your foil hats and stock your bunker, the conspiracy theorists scored a recent victory when it comes to gold. For quite some time now, many have speculated that the amount of gold the U.S. claims to hold is a sham. It is already very likely that gold prices were manipulated alongside LIBOR , but recent news has only added fuel to the fire. Last week, a counterfeit gold bar was discovered in the U.S., as a 10 ounce gold bar sold in Manhattan was shown to be nothing more than tungsten, essentially erasing a near $18,000 purchase. Shortly thereafter, 10 more counterfeit bars were discovered [for more gold news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: The Ultimate Guide To Gold Investing Marc Faber Warns: Store Your Gold Overseas How to Build a GLD-Free Gold Bug Portfolio Gold Prices Surge After QE 3 Announcement 3 Countries With The Largest Gold Reserves