HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! | |
Anonymous Coward User ID: 79048047 United States 06/29/2020 03:02 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 30638469 United States 06/29/2020 03:03 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! Well the OUTSIDE might 'glitter'. The inside could contain oodles of Tungsten Carbide industrial waste power bought up from places that make and sharpen saw blades or concrete drill bits. No, that stuff is better for fragmenting hand grenades. It weighs EXACTLY the same as gold. I don't think fine powder would be a useful fragmentation shell component, but I don't know. This is what is left after the pre-shaped carbide sections are brazed to the steel sawblades and sharpened/ground with diamond blades like are used in tile saws. |
Anonymous Coward User ID: 71061251 United States 06/29/2020 03:06 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77509123 Spain 06/29/2020 03:06 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! Well the OUTSIDE might 'glitter'. The inside could contain oodles of Tungsten Carbide industrial waste power bought up from places that make and sharpen saw blades or concrete drill bits. No, that stuff is better for fragmenting hand grenades. It weighs EXACTLY the same as gold. I don't think fine powder would be a useful fragmentation shell component, but I don't know. This is what is left after the pre-shaped carbide sections are brazed to the steel sawblades and sharpened/ground with diamond blades like are used in tile saws. That's why you leave it granulated. |
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Anonymous Coward User ID: 22067365 United States 06/29/2020 03:09 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! Private governments/countries already own about 99% of the gold on Earth. It's another fake, manipulated market... just like diamonds. Gold is not portable and not easily divisible. What am I supposed to do, shave some off a bar and mail it all over the world for my merchandise? Buy Bitcoin already. At least there's a small chance that'll be profitable... some day. |
Anonymous Coward User ID: 76809044 United States 06/29/2020 03:18 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! Anyone who invests in gold in 2020 deserves to get fucked. Quoting: Anonymous Coward 22067365 Private governments/countries already own about 99% of the gold on Earth. It's another fake, manipulated market... just like diamonds. Gold is not portable and not easily divisible. What am I supposed to do, shave some off a bar and mail it all over the world for my merchandise? Buy Bitcoin already. At least there's a small chance that'll be profitable... some day. bulk U.S. Silver coins are the best investment because the minting is obvious and they aren't worth counterfeiting. |
Anonymous Coward User ID: 56514037 United States 06/29/2020 03:21 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! 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! People who use bullion to create colloidal gold would find out real fast |
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OU8122
User ID: 79025241 United States 06/29/2020 03:23 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! Didn't China introduce a gold backed Yuan recently? Last Edited by OU8122 on 06/29/2020 03:23 PM OU8122 |
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continuity
User ID: 78090937 United States 06/29/2020 03:28 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! Estimates are currently 190,000 Tons of Gold exist Above Ground It is estimated that there are more stars than grains of sand on earth; but more atoms exist in a single grain of sand than there are stars... gravity is a harsh reality. |
Anonymous Coward User ID: 79087716 United States 06/29/2020 03:29 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! really ? & where were these drilled bars getting sold ? you want the ounce of gold or silver,you buy from reputable dealers & pay the extra price for it being carded etc |
R&y
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Anonymous Coward User ID: 76809044 United States 06/29/2020 03:32 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! 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! really ? & where were these drilled bars getting sold ? you want the ounce of gold or silver,you buy from reputable dealers & pay the extra price for it being carded etc the reputable dealers are in on it. they are the Distributors: they buy it at a deep deep discount and then sell it to you. |
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Anonymous Coward User ID: 79087734 United Kingdom 06/29/2020 04:05 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 Gold market rocket? More fake news from Zerohedge. Look at what the gold price is doing today: [link to www.kitco.com (secure)] |
Festus Hoggbottom
User ID: 78382070 United States 06/29/2020 04:07 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! and our government does nothing about it, except making the rich people richer. That's simply not true. There have been many instances of strong words and finger wagging directed at China. If they're not careful, they're going to get more strong words and finger wagging directed their way. I did it. I did it on purpose. And I'll do it again. |
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Anonymous Coward User ID: 76809044 United States 06/29/2020 04:10 PM Report Abusive Post Report Copyright Violation | Re: HOLY SHIT! 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal! and our government does nothing about it, except making the rich people richer. That's simply not true. There have been many instances of strong words and finger wagging directed at China. If they're not careful, they're going to get more strong words and finger wagging directed their way. and being Tweeted. |
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happy2day2012
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Over watch
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