Please know that I have no financial connection directly or
tangentially with this business endeavor. I did contribute, with no repayment required, the first technological equipment as I believe this is a needful service for the community wanting it to be field tested. Since the profit on counterfeited coins is minimal, it seems to me that all bars, teals and the various forms of processed gold prior to 0.9995 fineness are those most prone to adulteration. Jim
> Dear Jim,
>
>
> I wanted to give you and all the CIGAs an update on the interesting
> work we're doing over at BullionAnalysis.com .
>
>
>
> As you know, we have developed a sophisticated digital analysis
> technology that is able to conduct various modes of penetration
> scanning on even the largest gold and silver major exchange bars, to
> determine if the bullion has been forged to include lead or tungsten
> or other materials in the core of the bars or coins. Our most
> recent enhancements to the software and energy emission elements of
> this technology have allowed us to successfully detect adulterated
> material in even the roughest condition large 1,000 ounce silver
> bars which already had significant surface cracking and evidence of
> having been run over with a forklift. This rough mishandling was
> unable to hide the fraud that had been perpetrated on this "good
> delivery" bar, and our analyst was able to digitally map the lead
> alloy adulteration which was present throughout it's deep interior.
>
>
>
> The other gold and silver major exchange bars that this firm had
> all successfully passed our inspections and we were able to issue
> holographic tamper-resistant certificates that stated the positive
> results of our testing for each bar. These certificates were given
> to the customer firm adding value via peace of mind to both the
> seller and future owners.
>
>
>
> Presently we are focusing our efforts on the US and Canada on
> working on behalf of individuals and corporate clients that wish to
> have one of our technicians travel to their location or their
> depository and conduct our analysis.
>
>
> We also offer an escrow verification service, where we will work on
> behalf of firms or individuals who wish to take delivery of
> shipments of bullion from dealers, private transfers from
> depositories or from the COMEX. We will certify the bullion as it is
> being unloaded from armored car services, before you accept good
> delivery from your counterparty. We are also able to work directly
> with bullion dealers and scan and certify bullion products before
> they are shipped to customers and issue certificates for their
> buyers. We charge the same nominal consulting services fee as we do
> for all of our other clients.
>
>
> We are hoping to expand our operations later this year to allow us
> to receive secured, insured shipments of bullion from retail
> investors and provide our services at a minimal fee for smaller
> retail client CIGAs. Our plan is to have our current consulting
> business pay for this expansion which will require the construction
> of either a depository or a similar heavily secured storage facility
> to receive shipments of gold, silver and platinum from CIGAs who
> desire testing certification.
>
>
> We've also re-launched our website at www.BullionAnalysis.com and
> I hope everyone will give us a look. Anyone who is interested in
> using our consulting services where our team can travel to their
> storage site and conduct our analysis under their supervision can
> contact us through our website, www.BullionAnalysis.com or email us
> at info@bullionanalysis.com .
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