By C. Powell

Dear Friend of GATA and Gold:

In an essay headlined “Fake Bars — The Facts,” Bron Suchecki of the Perth Mint today explains why tungsten-filled and other counterfeit gold bars like the one reported the other day by ABC Bullion are probably exceedingly rare and how conscientious dealers can and do protect against them. Suchecki writes that the Perth Mint melts and recasts every non-Perth Mint bar and coin it purchases. He also calls attention to the ultrasonic testing done by GoldMoney on the gold bars it purchases.

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