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Ponderings of supply and extraction. Gold vs. Silver
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<p>[QUOTE="medoraman, post: 1574613, member: 26302"]Have you seen the high quality fake Maple leaves, circulated WL halves, and other new fake bullion making its way into the US? The counterfeiters are getting better, and going after areas they have never touched before. Its enough for me, who has bought PM for about 25 years, to pause and make me look much harder at previously "safe" bullion purchases.</p><p><br /></p><p>Were the bars of gold filled with tungsten found in China and elsewhere jokes? A bar to me is at higher risk since it does not have necessarily uniform striking and dimensions, so the only way to PROVE a bar is good is to cut it open. I don't want to mess with that. </p><p><br /></p><p>Those fake WL halves really have me concerned. The counterfeiters were finally smart enough to artificially wear the coins, and fake coins that are not traditionally faked. How much longer will it be before washington quarters and roosevelt dimes are routinely faked and artificially worn so as to hide traces that they are fake? How many stories of these fake silver coins will it take in the media before the general public is convinced buying silver is a scam?</p><p><br /></p><p>Just my concerns sir. I agree with jjack it probably will be a huge issue in the future. Unfortunately every year the chinese fakes get better and more numerous.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1574613, member: 26302"]Have you seen the high quality fake Maple leaves, circulated WL halves, and other new fake bullion making its way into the US? The counterfeiters are getting better, and going after areas they have never touched before. Its enough for me, who has bought PM for about 25 years, to pause and make me look much harder at previously "safe" bullion purchases. Were the bars of gold filled with tungsten found in China and elsewhere jokes? A bar to me is at higher risk since it does not have necessarily uniform striking and dimensions, so the only way to PROVE a bar is good is to cut it open. I don't want to mess with that. Those fake WL halves really have me concerned. The counterfeiters were finally smart enough to artificially wear the coins, and fake coins that are not traditionally faked. How much longer will it be before washington quarters and roosevelt dimes are routinely faked and artificially worn so as to hide traces that they are fake? How many stories of these fake silver coins will it take in the media before the general public is convinced buying silver is a scam? Just my concerns sir. I agree with jjack it probably will be a huge issue in the future. Unfortunately every year the chinese fakes get better and more numerous.[/QUOTE]
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