Admin History | Eric Dutt, an Anglo Indian resident in Switzerland, contacted Harry Arthur Siepmann in 1933 claiming to have discovered a process (whose inspiration seems to have been Rutherford's early work on the atom) whereby tungsten and boron could be transmuted to gold. The process was, of course, bogus, but the implications for the gold market had it been genuine seemed so devastating that knowledge of it was confined to a narrow circle at the top of the Bank. |