The legendary ring of Solomon has become a popular product on the Internet. Everyone can join in with eternal wisdom - some jewelry costs mere pennies, and you can buy King Solomon's ring with the click of a button. And some lucky owners of jewelry are quite happy when the inscription on King Solomon’s ring in Latin is made with an error, what else can you expect for such a price?
One of the popular materials is tungsten. Judging by the colorful descriptions, the Ring of Solomon made of tungsten does not burn in fire, does not sink in water, is not beaten with a hammer, is not sawed with a saw, pleases the owner with its impeccability for an eternity and causes the burning envy of others. If everything is clear with gold and silver, then tungsten raises many questions:
- Firstly, it is not clear why some tungsten rings can be bought for symbolic money, while others are sold at the price of precious metals.
- Secondly, how colorful advertising corresponds to reality? If you believe the promises of sellers, any tungsten products have super properties, regardless of their cost.
Which is better – classic precious metals or tungsten. Maybe it’s time for gold and silver to move on, making way for a new jewelry champion?
Everything you need to know about tungsten
Beautiful words and eloquent promises often turn into a wrapper, under which unassuming content is hidden. Let's try to figure out tungsten rings: where is the myth and where is the truth?
1. MYTH. Sellers of tungsten jewelry often refer to their products as "jewelry."
FACT. Tungsten products are not jewelry!
According to the international classification of metals, a Solomon ring is considered a piece of jewelry if it is made exclusively of noble metals - gold, silver or platinum. Everything else is just jewelry.
2. MYTH. Tungsten rings are of impeccable quality
FACT. Unfortunately, the degree of “impeccability” of the quality of a tungsten alloy is determined during wear.
Pure tungsten, gold or silver are not used in jewelry. And, if the production of Solomon's Ring from gold and silver is under the strict eye of government supervision, then the situation with tungsten is very complicated.
Today, there are no standards for the composition of tungsten alloys; everyone “chemicalizes” jewelry made from it to their own taste. Almost always, the manufacturer writes that the ring is made of “tungsten carbide”; in fact, this alloy can contain any carbide-containing production waste and scrap. Please note that high-quality tungsten carbide is not magnetic.
There is a possibility that such jewelry will not turn the skin green, will not cause allergies, and will not peel off in a couple of weeks.
3. MYTH. Tungsten rings cannot be destroyed
FACT. The tungsten ring is strong but fragile: it does not break, but it does crack.
The videos posted online where they try to saw and distort King Solomon’s tungsten ring are very impressive. It is difficult to imagine where in real life the ring could encounter such terrible overloads. No sane person would think of crushing his gold ring of Solomon with a vice or hitting it with a hammer to make sure that it really wrinkles.
Yes, gold will be crushed, and this is its advantage - precious metals are soft and ductile, so they do not break. But tungsten, when dropped from a height onto a tiled floor, can shatter into fragments, just like a cast iron plate - in metals, high fragility coexists with strength. Now think about what happens more often in the life of a piece of jewelry – falling on the floor or getting hit directly with a hammer?
4. MYTH. Tungsten rings cannot be scratched
FACT. It is possible to scratch a tungsten ring, but it is difficult.
Theoretically, tungsten rings are “indestructible”. Ordinary household appliances - knives, forks, scissors - will never leave deep grooves on them. However, this does not mean that King Solomon’s tungsten ring can only be scratched with a diamond—metal tools can handle this material as well.
Gold and silver are significantly inferior to tungsten in wear resistance and quickly become covered with a network of microscopic abrasions, but this does not spoil the appearance of the products. On the contrary, many deliberately treat the newly purchased jewelry carelessly so that it takes on a lively and natural appearance, because a shiny ring looks defiantly new.
If desired, any Solomon ring (whether gold or silver was used in its manufacture does not matter) can be polished in a jewelry salon in a matter of minutes, it will look as if it had just been taken from a display case.
5. MYTH. Tungsten rings last forever
FACT. Alas, it will be possible to confirm or refute this statement only after a couple of thousand years. But sputtering on tungsten jewelry is not very durable.
Tungsten products fade and wear out over time, especially for gold-tone products. The beautiful color inscription “everything will pass, this too will pass”, applied to the surface of Solomon’s tungsten ring, with its slow and gradual disappearance, will emphasize the philosophical meaning of this saying. You buy a ring with an inscription, after a year it is absolutely clean. Indeed, “everything will pass, this too will pass”...
Solomon's ring made of gold or silver behaves more predictably. The letters made by casting are part of the ring; they cannot be destroyed or erased.
6. MYTH. Tungsten jewelry retains its shape
FACT. It is actually impossible to bend, stretch or reduce the tungsten Solomon ring - this causes a lot of inconvenience to its owner.
A tungsten ring will always remain perfectly round. Due to their impeccable shape, tungsten rings at first feel like an alien band on your hand and often fly off your fingers. The size of the tungsten ring must be suitable, because it cannot be changed! If you get the size wrong, the jewelry will quickly fall off your finger to find another owner.
Products made from precious metals are crumpled to fit their owner by microscopic fractions of a millimeter - they “fit to the figure”, like comfortable jeans. An error with the size is a trifle; in any salon, a Solomon ring made of gold or silver will be enlarged or reduced in a matter of minutes.
7. MYTH. Tungsten rings are inexpensive and beautiful
FACT. Tungsten jewelry looks corresponding to its price: inexpensive - ugly, beautiful - more expensive than silver!
In all the pictures, the Tungsten Solomon Rings look very aesthetically pleasing - heavy, solid, shiny and impressive. Only high-quality tungsten products are worth their weight in silver!
So future owners of King Solomon’s ring should think about it: is it worth buying beautiful jewelry if you can afford a real piece of jewelry for the same money? You will also be able to save money!
China and its interaction with Western countries
The concept of “Chinese gold” can mean both the gold reserves of the Celestial Empire and the jewelry industry in the state. For the Chinese, gold is not only a profitable way to invest money, but also a symbol of family well-being. Therefore, China is the second country in terms of consumption of gold jewelry. Every woman considers it her duty to have at least one gold piece of jewelry. Chinese gold is characterized by a high pure content. But such products are too plastic and easy to deform. It is not surprising that wealthy Chinese buy gold jewelry in Russia. However, demand for gold in China in the form of jewelry is also declining due to anti-corruption policies and the recent collapse of the yuan.
However, while the countries of the New and Old Worlds are on the brink of crisis, China is slowly and inevitably moving along its own path of development. The exchange rate between the dollar and the price of gold in China must be taken into account when investing money in precious metals. The instability of the global economy could lead to China becoming the world's economic leader and the yuan replacing the dollar. China is still actively developing mines and buying gold abroad, which is a kind of “safety cushion” on the eve of the global crisis. China does not trust Western companies, paper exchanges created by the United States to increase the conversion and rating of its currency. The realization that the system is unstable gave impetus to the manifestation of one’s own initiative in the financial sector, despite the continued cooperation with Western countries on a number of important issues.
The agony of choice
Fashion for jewelry comes and goes, but silver and gold have been the main materials for the production of jewelry from time immemorial. Why these metals?
We have been producing jewelry for several years, so we can say that any of our gold or silver Solomon’s Rings have a soul: they protect their owner and help him. Like any piece of jewelry, it has a special energy and can become a family heirloom, as a valuable and kind thing that preserves the memory and good wishes of its owner.
Once upon a time three thousand years ago, King Solomon himself wore gold and silver jewelry, and in the modern world these metals are considered special. But with tungsten it is not clear - will it remain a popular material or will it be replaced by a new modern alloy in a couple of years?
Time will show. But gold and silver will wait, why should they rush - after all, eternity has no power over them... Genuine jewelry is above fashion.
US gold reserve - reality or myth?
Everyone knows that the American economy is in a difficult situation and there is no reliable evidence anywhere about the state of the US gold reserves, as well as information about the chemical composition of American gold. The problem is compounded by the fact that many European countries store their gold in America, such as Germany, purchasing it on the New York Stock Exchange and leaving it there for safekeeping.
Vasily Yakimkin, associate professor at the Faculty of Finance and Banking of the Russian Academy of National Economy and Public Administration, claims that there may not be any gold in the US gold reserves; it was resold long ago as a result of financial fraud. This statement is fully confirmed by the story that occurred in 2009, when the US Treasury Department sent 5,600 gold bars of 400 ounces each to China to pay off the national debt. The authorities prudently instructed experts to conduct special tests to check the purity and weight of the ingots. They were shocked when it turned out that the gold contained mostly tungsten and was delivered to China covered only with an amalgam (thin layer) of gold.
Experts initially assumed that the fake gold was produced in China, but it turned out that these bars had been stored in the most famous American gold vault, Fort Knox, for many years. The most likely version is that they were produced during the reign of Bill Clinton in order to hide the existing economic situation in the country. Moreover, as a result of Bill Clinton's Gold Scam, the entire world economy suffered as Americans sold some of the counterfeit gold on the international market.
Since then, economists have questioned the authenticity of American gold, especially since, due to mysterious circumstances, the US government for many years prevented a full audit of the US gold reserve, which was proposed by Congressman Ron Paul. The check was still carried out, but it was not complete.
The New York Federal Reserve Bank's gold vault was audited over the course of just one day, there were no independent experts, no documentary checks, and the audit results fit on 14 sheets. The remaining gold storage facilities remained classified and hidden from the eyes of impartial observers.
P.S
To the question “How much gold is currently in vaults in China?” no one can give a definite answer. The situation is mysterious, as is the case with US gold reserves.
China is rapidly increasing its gold reserves every year and the dynamics of gold imports is increasing. According to unofficial data, China now holds more than 3,500 tons of gold, which is much more than Germany's gold reserves. That is why Germany is alarmed by the state of its gold held in American banks. The situation is extremely tense because America may not have German gold. If we assume that gold comes to China from the black markets of Africa and South America, then the volume of Chinese gold may even be more than 7,000 tons. It looks like China now has the largest gold reserves in the world, which are carefully hidden. Isn't this alarming? Is China preparing for the final push to global market dominance?
Current state of affairs
When China is actively buying gold, a fall in the stock market can occur at any time and lead to a global crisis. The reason China is buying gold is because of falling prices - since the beginning of 2015, gold prices have fallen by 15%. Gold is still a safe investment even when prices aren't rising. In 2015, both individuals and banks continue to buy gold because the precious metal is a good investment. Before gold prices rise, you should replenish your reserves. Active gold purchases by Russia and China could cause gold prices to rise sharply due to limited supplies. Deflation also causes the price of gold to rise. If the market falls, gold prices will rise sharply. In the event of hyperinflation, gold will retain its real value.
A new trend has also emerged at international auctions. Previously, brokers focused on the dollar-gold pair; when the dollar exchange rate rose, the price of gold fell and vice versa. Now this market strategy is no longer stereotypical and these two indicators are less dependent on each other. For a simple broker using Internet platforms, trading may become less profitable, since now basic knowledge of the system no longer provides the necessary amount of information. The processes taking place during the day of trading are already more difficult to track and only those who know a little more than others about the plans of states and large investors for buying and selling precious metal can win here.
