Ateneo Innovation and Entrepreneurship
Answer: gold counterfeiting (from uncommon wisdom)
With the rise in price of gold, mining and other things that can enhance the value of gold are studies and explored. And one of these is counterfeiting
The favorite metal being used is tungsten which has very high specific gravity, almost 19.25 while gold is 19.35. Platinum has rating of 21.5, more expensive than gold and would not be used.
How do they do it? l. By drilling, removing as much as 40% of the gold bar and replace them with tungsten and recover with gold.
Or wrap tungsten cover with gold. What could be counterfeited? Gold coins and gold bars.
Gold buyers, beware of counterfeits.
"New ideas create more and better new products and services; create more wealth."
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