Bombshell!...........Britians Gold bars are RUSTING!

[Mega]

The BOE Sez that our Gold Bars (sold to us by America) are cracking and in poor repair. I thought Gold was inert?
http://business.timesonline.co.uk/to...cle2554723.ece

Did America sell us IFFEY Gold?
Mike

[FRED]

Re: Bombshell!...........Britians Gold bars are RUSTING!

The BOE Sez that our Gold Bars (sold to us by America) are cracking and in poor repair. I thought Gold was inert?
http://business.timesonline.co.uk/to...cle2554723.ece

Did America sell us IFFEY Gold?
Mike

Ways that gold can be corroded.

[Spartacus]

Re: Bombshell!...........Britians Gold bars are RUSTING!

Even Titanium, which is far more resistant to corrosion than Gold, does corrode, even under conditions that don't seem all that stressful.

The first carbon fiber bike frames had titanium lugs.

The carbon fiber set up an electrolytic reaction that eventually killed the titanium surface finish needed to bond to the carbon fiber/epoxy.

The BOE Sez that our Gold Bars (sold to us by America) are cracking and in poor repair. I thought Gold was inert?
http://business.timesonline.co.uk/to...cle2554723.ece

Did America sell us IFFEY Gold?
Mike

[Andreuccio]

Re: Bombshell!...........Britians Gold bars are RUSTING!

Did America sell us IFFEY Gold?

Why don't you try wrapping the gold in the mortgage backed securities we sold you. That should keep 'em from rusting.

Be sure to let us know when you're in the market for some nice infrastructure. For a small finder's fee, I can get you the inside track on the Brooklyn Bridge.;)

[hoodoo]

Re: Bombshell!...........Britians Gold bars are RUSTING!

Just a note that the referenced article about gold talks about the oxidation of gold alloys (like that used for jewelery).

Legitimate gold bullion should be >99.9% gold and as such should be essentially impervious to oxidative damage. Physical degredation/oxidation of high quality gold bullion requires extraordinarily harsh conditions. This leaves the possibility that the gold under discussion is of much lower purity than believed.

Hoodoo