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83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
LoP Guest
lop guest
User ID: 539705
06-30-2020 02:00 AM

 




Post: #16
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
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LoP Guest  Wrote: (06-30-2020 01:34 AM)
so easy to find fake gold. Gold is non-ferrous and magnets don't work on it.
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LoP Guest
lop guest
User ID: 539705
06-30-2020 02:01 AM

 




Post: #17
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
LoP Guest  Wrote: (06-30-2020 02:00 AM)
LoP Guest  Wrote: (06-30-2020 01:34 AM)
so easy to find fake gold. Gold is non-ferrous and magnets don't work on it.

chuckle You really should buy your bullion from me. Copper is also non magnetic.
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LoP Guest
lop guest
User ID: 551877
06-30-2020 02:12 AM

 




Post: #18
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
LoP Guest  Wrote: (06-30-2020 02:01 AM)
LoP Guest  Wrote: (06-30-2020 02:00 AM)

chuckle You really should buy your bullion from me. Copper is also non magnetic.

that is true but copper makes it very hard and pure gold is very soft, again easy to detect.
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LoP Guest
lop guest
User ID: 551880
06-30-2020 02:19 AM

 




Post: #19
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
LoP Guest  Wrote: (06-30-2020 01:04 AM)
LoP Guest  Wrote: (06-30-2020 01:01 AM)
What is good for the goose is good for the gander. The US slipped China Tungsten filled gold bars a few years ago.

Same ones??

Something's up. Last June Trump dropped one gold standard advocate, for another when nominating a fed board member. Then a "China discovers an alloy indistinguishable from gold" article comes out. And July Powell talks to Congress about how the gold standard is a relic.
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LoP Guest
lop guest
User ID: 535476
06-30-2020 02:23 AM

 




Post: #20
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
LoP Guest  Wrote: (06-30-2020 01:34 AM)
so easy to find fake gold. Gold is non-ferrous and magnets don't work on it.

Magnets don't stick to silver, copper, or lead either. .... And, lots of other metals. I believe someone smart enough to gold plate another metal is also smart enough to use one that won't stick to a magnet.
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LoP Guest
lop guest
User ID: 551882
06-30-2020 02:28 AM

 




Post: #21
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
They sell fake silver coins on eBay too.

When the going rate of pure silver per 1oz is about $25+ they sell it for $17-$20

check it out here is an example
https://www.ebay.com/itm/USA-Commemorati...K&LH_BIN=1
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LoP Guest
lop guest
User ID: 551830
06-30-2020 02:30 AM

 




Post: #22
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
If I didnt have a conscience, I could make a TON of money selling fake Chinese silver coins and Chinese fake vintage coins. I have many such coins just to have for fun and they look totally LEGIT!!!!!!!! Theses coins can fool 85% of people, especially wealthy people who have NO STREET SMARTS!!!!!

WHY must I have a conscience and prevent myself from living the GOOD life?!! Tissue

Oh well... the struggle of the honest man goes on. And on. And on... Jhikpghf Tissue
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LoP Guest
lop guest
User ID: 548780
06-30-2020 02:32 AM

 




Post: #23
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
As usual, more great news coming out that cancer of a country. S977
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LoP Guest
lop guest
User ID: 523570
06-30-2020 02:54 AM

 




Post: #24
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
LoP Guest  Wrote: (06-30-2020 01:01 AM)
What is good for the goose is good for the gander. The US slipped China Tungsten filled gold bars a few years ago.

By "US" do you mean the official government of the USA, or do you mean a private entity operating in the USA?
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LoP Guest
lop guest
User ID: 551364
06-30-2020 03:10 AM

 




Post: #25
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
Being that gold is the base factor of all human money, I can not comprehend how every bar is not verified as gold during every transfer between entities.

Ya, it would be at a cost, but not as much as an 83 tons of lost gold cost!

"Here's the gold"
"Ok, thanks, bye"

WTF!!
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LoP Guest
lop guest
User ID: 551364
06-30-2020 03:13 AM

 




Post: #26
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
Addendum ....... the same goes for having routine physical testing of gold in our own US reserves.

You know, the gold that no one knows if its even really there.
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LoP Guest
lop guest
User ID: 405769
06-30-2020 03:17 AM

 




Post: #27
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
The fake gold bullion coins on Ebay also come from China.
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SkeptiSchism
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User ID: 450243
06-30-2020 03:17 AM

Posts: 19,384




Post: #28
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
LoP Guest  Wrote: (06-30-2020 02:28 AM)
They sell fake silver coins on eBay too.

When the going rate of pure silver per 1oz is about $25+ they sell it for $17-$20

check it out here is an example
https://www.ebay.com/itm/USA-Commemorati...K&LH_BIN=1

At first I was like no way they don't counterfeit silver bars or coins but then I saw the price, $6.99/oz so sadly, I have to agree with you.

autarky -

1. The condition of self-sufficiency, especially economic, as applied to a nation.
2. A national policy of economic independence.


https://www.dictionary.com/browse/autarkic
(This post was last modified: 06-30-2020 03:18 AM by SkeptiSchism.) Quote this message in a reply
LoP Guest
lop guest
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06-30-2020 04:07 AM

 




Post: #29
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
Surely, they don't counterfeit the Silver Panda coins? Tell me they wouldn't do that. I have a few of them. Can't find the 2020 without breaking the bank. Now I'd have second thoughts of even buying them from a reputable dealer. :(
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Lakeofmarch
-Semjaza, Key and Guardian of the Gate-
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06-30-2020 04:14 AM

Posts: 12,650




Post: #30
RE: 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Sc
LoP Guest  Wrote: (06-30-2020 02:32 AM)
As usual, more great news coming out that cancer of a country. S977
Very literally, as it happens. They seem unfamiliar with checks and balances.




My Tao is great, but seems odd, like nothing on earth; if it was like anything else,
How small it would have been from the beginning!
https://terebess.hu/english/tao/wu.html
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(This post was last modified: 06-30-2020 04:15 AM by Lakeofmarch.) Quote this message in a reply
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