Chinese Fake Gold Scandal ?

Discussion in 'Bullion Investing' started by GoldFinger1969, Jun 29, 2020.

  1. GoldFinger1969

    GoldFinger1969 Well-Known Member

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  3. baseball21

    baseball21 Well-Known Member

    Fake gold bars is nothing new
     
  4. longnine009

    longnine009 Most Exalted Excellency

    Maybe the fed will buy it. They're buying every other pile of garbage on the planet.
     
    fretboard and QuintupleSovereign like this.
  5. JD Bartlett

    JD Bartlett New Member

    Fake gold bars are nothing new, but this new China scam involves about 83 tons of the stuff used as collateral for loans from OTHER Chinese banks, etc. Looks like heads will roll...really!
     
    longnine009 and GoldFinger1969 like this.
  6. fretboard

    fretboard Defender of Old Coinage!

    Son of a two ton Tessie! :D More fake gold from China of all places, quite a big burn to fellow Chinese companies, that's crazy!!
     
    GoldFinger1969 likes this.
  7. longnine009

    longnine009 Most Exalted Excellency

    Over here financial crimanals get bonuses. In China they get holes shot into them.
     
    slackaction1 likes this.
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