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<p>[QUOTE="JHLSTUFF, post: 1554595, member: 41473"]to</p><p><br /></p><p><br /></p><p>I think China much more then India is deliberately trying to not only influence the gold and silver market, I think they are trying to destroy it. I brought this theory up last week but it sorta got blown off. About 4 to 5 years ago, China flooded the coin market with fakes. What the government and others did was slapped them on the hand and told them to stamp replica on them. So they did for a while. Then they improved the situation where the government stepped in and said it was "counterfeiting" and prohibited them from being imported. Now the Chinese are producing silver and gold ingot bars that weigh correctly, pass the magnetic test and acid test. They are flooding the market with them. The problem is, no one can stop them. This is a violation of patent infringements and that means, the company who's bars are being copied will need to take them to court. An international court. This can take years, but once the market is flooded with these bars, what will that do to the value? If people take the time to see what other industries have already been affect, it is staggering. It may reach a point that for every 1 good bar there may be thousands of fakes. So who is going to buy your bar and for how much? Just my thoughts.[/QUOTE]</p><p><br /></p>
[QUOTE="JHLSTUFF, post: 1554595, member: 41473"]to I think China much more then India is deliberately trying to not only influence the gold and silver market, I think they are trying to destroy it. I brought this theory up last week but it sorta got blown off. About 4 to 5 years ago, China flooded the coin market with fakes. What the government and others did was slapped them on the hand and told them to stamp replica on them. So they did for a while. Then they improved the situation where the government stepped in and said it was "counterfeiting" and prohibited them from being imported. Now the Chinese are producing silver and gold ingot bars that weigh correctly, pass the magnetic test and acid test. They are flooding the market with them. The problem is, no one can stop them. This is a violation of patent infringements and that means, the company who's bars are being copied will need to take them to court. An international court. This can take years, but once the market is flooded with these bars, what will that do to the value? If people take the time to see what other industries have already been affect, it is staggering. It may reach a point that for every 1 good bar there may be thousands of fakes. So who is going to buy your bar and for how much? Just my thoughts.[/QUOTE]
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