You say you breadboarded; tried each RAM stick separately and it still did it....
You have a bad Mobo.
Well, after installing the setup on a new motherboard (GA-P67A-UD3P-B3) the looping persists. However I am unable to detect a post code due to the fact that the motherboard does not have a post code display installed.
I have also tried several different RAM kits and again, the looping persists.
Any insight as to what the problem may be?