HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! | |
Don Draper from Nantucket
(OP) User ID: 57553864 United States 06/29/2020 02:03 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! Yet one market which seemed stubbornly immune to any counterfeiting was that of physical gold in China, which was odd considering that over the past decade China had emerged as the world's biggest counterfeiter of various, mostly industrial metals used to secure bank loans, better known as "ghost collateral", and which adding insult to injury, would frequently be rehypothecated meaning often several banks would have claims to the same (fake) asset. All that is about to change with the discovery of what may be one of the biggest gold counterfeiting scandal in recent history. And yes, not only does it involve China, but it emerges from a city that has become synonymous for all that is scandalous about China: Wuhan itself PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
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Q33
User ID: 78698051 Canada 06/29/2020 02:07 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Over the years, we have periodically reported of the occasional gold bar discovered as counterfeit in Manhattan's Diamond District which instead of containing the yellow precious metal would be filled with gold-plated tungsten or in some cases copper. The news would spark a brief wave of outrage, prompting physical gold holders to run ultrasound spot checks of their inventory, at which point interest would wane and why not: buyer, after all, beware in gold as in every other market, and if someone is spending thousands to buy fake gold, well that's Darwinism in action Thread: So who Remembers the fake gold being put in to the market by China? |
Don Draper from Nantucket
(OP) User ID: 57553864 United States 06/29/2020 02:08 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Over the years, we have periodically reported of the occasional gold bar discovered as counterfeit in Manhattan's Diamond District which instead of containing the yellow precious metal would be filled with gold-plated tungsten or in some cases copper. The news would spark a brief wave of outrage, prompting physical gold holders to run ultrasound spot checks of their inventory, at which point interest would wane and why not: buyer, after all, beware in gold as in every other market, and if someone is spending thousands to buy fake gold, well that's Darwinism in action Thread: So who Remembers the fake gold being put in to the market by China? "All that is about to change with the discovery of what may be one of the biggest gold counterfeiting scandal in recent history. And yes, not only does it involve China, but it emerges from a city that has become synonymous for all that is scandalous about China: Wuhan itself." PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
Blenderizer
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Anonymous Coward User ID: 77509123 Spain 06/29/2020 02:14 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Over the years, we have periodically reported of the occasional gold bar discovered as counterfeit in Manhattan's Diamond District which instead of containing the yellow precious metal would be filled with gold-plated tungsten or in some cases copper. The news would spark a brief wave of outrage, prompting physical gold holders to run ultrasound spot checks of their inventory, at which point interest would wane and why not: buyer, after all, beware in gold as in every other market, and if someone is spending thousands to buy fake gold, well that's Darwinism in action The retards love them. |
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Don Draper from Nantucket
(OP) User ID: 57553864 United States 06/29/2020 02:18 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! It's surprising they'd use copper instead of tungsten. Tungsten has a specific weight (density) very close to gold, difficult to tell them apart. Quoting: Blenderizer I wondered the same! Maybe they were sealed containers, plastic sleeves etc. I don't know anyone who would take a 1oz gold bar out of a sealed plastic sleeve to attempt to test it. Let alone if they did they wouldn't scrape it for an acid test or cut into it for the same reason. Most people relish the quality of such a piece and handle them with kid gloves so to speak! PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
Don Draper from Nantucket
(OP) User ID: 57553864 United States 06/29/2020 02:19 PM Report Abusive Post Report Copyright Violation | |
Q33
User ID: 78698051 Canada 06/29/2020 02:21 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Over the years, we have periodically reported of the occasional gold bar discovered as counterfeit in Manhattan's Diamond District which instead of containing the yellow precious metal would be filled with gold-plated tungsten or in some cases copper. The news would spark a brief wave of outrage, prompting physical gold holders to run ultrasound spot checks of their inventory, at which point interest would wane and why not: buyer, after all, beware in gold as in every other market, and if someone is spending thousands to buy fake gold, well that's Darwinism in action Thread: So who Remembers the fake gold being put in to the market by China? "All that is about to change with the discovery of what may be one of the biggest gold counterfeiting scandal in recent history. And yes, not only does it involve China, but it emerges from a city that has become synonymous for all that is scandalous about China: Wuhan itself." Dude we must cut china's oil supply and let them collapse! |
Anonymous Coward User ID: 78498671 06/29/2020 02:30 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! It's surprising they'd use copper instead of tungsten. Tungsten has a specific weight (density) very close to gold, difficult to tell them apart. Quoting: Blenderizer I wondered the same! Maybe they were sealed containers, plastic sleeves etc. I don't know anyone who would take a 1oz gold bar out of a sealed plastic sleeve to attempt to test it. Let alone if they did they wouldn't scrape it for an acid test or cut into it for the same reason. Most people relish the quality of such a piece and handle them with kid gloves so to speak! Please, I have drilled gold and silver bars. They sell just the same only diff is you know its real. Now come on and crawl out of your Mama's basement! |
Jake
User ID: 77849624 United States 06/29/2020 02:32 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! funny thing is these wall street hacks love china Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance! Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes." |
Don Draper from Nantucket
(OP) User ID: 57553864 United States 06/29/2020 02:40 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! It's surprising they'd use copper instead of tungsten. Tungsten has a specific weight (density) very close to gold, difficult to tell them apart. Quoting: Blenderizer I wondered the same! Maybe they were sealed containers, plastic sleeves etc. I don't know anyone who would take a 1oz gold bar out of a sealed plastic sleeve to attempt to test it. Let alone if they did they wouldn't scrape it for an acid test or cut into it for the same reason. Most people relish the quality of such a piece and handle them with kid gloves so to speak! Please, I have drilled gold and silver bars. They sell just the same only diff is you know its real. Now come on and crawl out of your Mama's basement! Nobody is talking about the little bag of chocolate gold coins you find at the dollar store! Dbag extraordinaire! Last Edited by Don Of N*******t on 06/29/2020 02:42 PM PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
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Xeven
User ID: 75948321 United States 06/29/2020 02:42 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments are designed to inspire critical political thinking. I only mean half of what I say and only say half of what I mean. |
Bodiless
Forum Administrator 06/29/2020 02:42 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! It's surprising they'd use copper instead of tungsten. Tungsten has a specific weight (density) very close to gold, difficult to tell them apart. Quoting: Blenderizer I wondered the same! Maybe they were sealed containers, plastic sleeves etc. I don't know anyone who would take a 1oz gold bar out of a sealed plastic sleeve to attempt to test it. Let alone if they did they wouldn't scrape it for an acid test or cut into it for the same reason. Most people relish the quality of such a piece and handle them with kid gloves so to speak! Please, I have drilled gold and silver bars. They sell just the same only diff is you know its real. Now come on and crawl out of your Mama's basement! That’s the old tried and true method. The”GOLD standard, lol These days any ultrasound probe will reveal a counterfeit gold bar. Or silver, for that matter Density “We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden Joe Biden will never be the man Michelle Obama is The worst thing about dying is that you become a democratic voter for eternity |
diverdan01
User ID: 39516942 United States 06/29/2020 02:43 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! Yet one market which seemed stubbornly immune to any counterfeiting was that of physical gold in China, which was odd considering that over the past decade China had emerged as the world's biggest counterfeiter of various, mostly industrial metals used to secure bank loans, better known as "ghost collateral", and which adding insult to injury, would frequently be rehypothecated meaning often several banks would have claims to the same (fake) asset. Quoting: Don Draper from Nantucket All that is about to change with the discovery of what may be one of the biggest gold counterfeiting scandal in recent history. And yes, not only does it involve China, but it emerges from a city that has become synonymous for all that is scandalous about China: Wuhan itself I'm guessing biden and clinton were in on it too |
Don Draper from Nantucket
(OP) User ID: 57553864 United States 06/29/2020 02:43 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Over the years, we have periodically reported of the occasional gold bar discovered as counterfeit in Manhattan's Diamond District which instead of containing the yellow precious metal would be filled with gold-plated tungsten or in some cases copper. The news would spark a brief wave of outrage, prompting physical gold holders to run ultrasound spot checks of their inventory, at which point interest would wane and why not: buyer, after all, beware in gold as in every other market, and if someone is spending thousands to buy fake gold, well that's Darwinism in action Thread: So who Remembers the fake gold being put in to the market by China? "All that is about to change with the discovery of what may be one of the biggest gold counterfeiting scandal in recent history. And yes, not only does it involve China, but it emerges from a city that has become synonymous for all that is scandalous about China: Wuhan itself." Dude we must cut china's oil supply and let them collapse! PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
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Q33
User ID: 78698051 Canada 06/29/2020 02:45 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! "All that is about to change with the discovery of what may be one of the biggest gold counterfeiting scandal in recent history. And yes, not only does it involve China, but it emerges from a city that has become synonymous for all that is scandalous about China: Wuhan itself." Dude we must cut china's oil supply and let them collapse! |
Don Draper from Nantucket
(OP) User ID: 57553864 United States 06/29/2020 02:52 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! It's surprising they'd use copper instead of tungsten. Tungsten has a specific weight (density) very close to gold, difficult to tell them apart. Quoting: Blenderizer I wondered the same! Maybe they were sealed containers, plastic sleeves etc. I don't know anyone who would take a 1oz gold bar out of a sealed plastic sleeve to attempt to test it. Let alone if they did they wouldn't scrape it for an acid test or cut into it for the same reason. Most people relish the quality of such a piece and handle them with kid gloves so to speak! Please, I have drilled gold and silver bars. They sell just the same only diff is you know its real. Now come on and crawl out of your Mama's basement! That’s the old tried and true method. The”GOLD standard, lol These days any ultrasound probe will reveal a counterfeit gold bar. Or silver, for that matter Density That would be my first choice to find a reputable dealer and have them analyze it in their machine, way before I drilled into it! Not to say that that doesn't work, quite obviously it does. Of course just being a poor old country boy I cant afford to buy an oz of gold anyway....lol. I may have some old mercury dimes in a drawer put away tho! PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
RosehipCaper
User ID: 78866141 Canada 06/29/2020 02:52 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! I Bought $45 Grand Worth of V.GBR, Mid March $4.20 Canadian, I ONLY BUY AND SUPPORT OUR CANADIAN MINING JUNIORS!. Is This Hit $20.00 Today , My $190 000 Investment Should Be About $700 000 Grand give or Take ,This Will Allow Us to Pretty Much Pay OFF ALL OUR DEBT, Including Our Cottage Mortgage... AND I KNOW IT'S REAL GOLD!,, Fucking Chinese.. Always Think Twice. |
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2012Portal
2012Portal - Mayan Beyond 2012 User ID: 15022013 Netherlands 06/29/2020 02:58 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! I read, about 5 years ago, how China had basically hacked a philosophers stone and could create fake gold, so good, that it was almost undetectable. From the love of power to the power of Love - My camera and video gear: [link to graphicstart.com] --- --- --- "Jesus Christ, the Son of God our Savior" |
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