Featured Chinese vs Australian Bullion..WOW!

Discussion in 'Bullion Investing' started by Gam3rBlake, Dec 5, 2020.

  1. GoldFinger1969

    GoldFinger1969 Well-Known Member

    If Chinese gold pandas are underweighted by a margin OUTSIDE the tolerance limit, then Coin Week or Coin World or someone needs to do a front-page story on this.

    What do the official stats on measurments from the Chinese Mint say ?
     
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  3. Gam3rBlake

    Gam3rBlake Well-Known Member

    I can’t read Chinese so I don’t know what the official stats are.

    But I do know they are being advertised as 1 troy oz and even the Chinese said in 2015 that they were changing the pandas from 1 troy oz to 30 grams in 2016 which implies the pre-2016 ones are all 1 troy oz.
     
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  4. Blake Davis

    Blake Davis Well-Known Member

    maybe it is the rarity that means higher prices. But for purposes of the silver itself, the fact that China is (no big surprise) cheating should make it more difficult to sell for other years, unless China manages to repress anything negative about it.
     
    GoldFinger1969 likes this.
  5. Aussie1958

    Aussie1958 New Member

    Hi from Down Under... not saying this is related. The Chinese gold bullion reserves have been in the news. A considerable percentage of their foreign loans have been secured on fake gold bars. Worth a google search..
     
  6. Blake Davis

    Blake Davis Well-Known Member

    Typical for China - they are not ready to be members of the world economic community. But the high tech moguls have decided otherwise.
     
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