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Zero Hedge: Can gold-plated tungsten be rehypothecated too?

Section: Daily Dispatches

10p ET Saturday, March 24, 2012

Dear Friend of GATA and Gold:

Zero Hedge tonight reports on another documented case of a tungsten-loaded gold bar and, unlike mainstream gold market analysts, grasps the crucial underlying point:

"Now, with the bulk of popular physical gold held in top-secret, private warehouses around the world, where it allegedly backs the balance sheets of the world's central banks, yet nobody can confirm its existence, nor audit the actual gold content, it is understandable why increasingly more are wondering: Just how much gold is there? And alongside that -- while gold (or is it GLD?) can be rehypothecated, can one do the same with tungsten?"

The Zero Hedge commentary is headlined "Tungsten-Filled 1-Kilo Gold Bar Found in the UK" and it's posted here:

http://www.zerohedge.com/news/tungsten-filled-1-kilo-gold-bar-found-uk

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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Golden Phoenix Discusses Royalty Mining Growth Strategy
on '21st Century Business' on Fox Business Network

Golden Phoenix Minerals Inc. has discussed its royalty mining growth strategy on the Fox Business Network program "21st Century Business" with host Jackie Bales. Golden Phoenix's director of corporate communications, Robert Ian, told how the company narrows its focus to project generation and future royalty streams. He explained why Golden Phoenix believes it's better to own joint-venture interests in several producing mines instead of full exposure to just one project.

"21st Century Business" has been airing for 15 years. Previous hosts have included Gen. Alexander Haig, Gen.l Norman Schwarzkopf, and Secretary of Defense Caspar Weinberger. Golden Phoenix appeared as paid programming on this broadcast.

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