https://www.youtube.com/watch?v=Z7KgASXX3J4
This could be very devastating.
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https://www.youtube.com/watch?v=Z7KgASXX3J4
This could be very devastating.
Enron-style collapse of their equities on world exchanges in 3,2,1...
The people involved are going to get hammered. Cheat the system in China and you will pay.
But gold will be still in high demand
Looking around at this, I'm not convinced it wasn't State sponsored.Quote:
Originally Posted by yoni
That's ONLY a scandal, if you're a stockmarket hanger-on, or into paper ETF's. ANY reputable coin shop has known this since the late '90's. It's one of the FIRST things my local coin shop warned me about, when I started shopping there in 2006. They're even faking Morgan dollars! Since that's a LOTTA effort, for minimal return, the fakery factory MUST be huge.
That's why you buy gold and silver from US domestic minting outfits with verifiable addresses.Quote:
Originally Posted by The_War_Wagon
Dude, your gold and silver has four hooves or is trickling into a stock tank! :DQuote:
Originally Posted by OH58D
China has a rampant counterfeit PM issue, been that way for 20+ years. They do absolutely nothing about it. Ever.
Another reason why Gold Pandas are easy to buy but tough to sell in the USA - confidence factor = 0
Anything with "CHINA" I automatically regard as fraudulent. Phuck China.
We'll see I guess. I'm not holding my breath.
Still waiting for all those indictments by Bill Barr and Epstein didn't hang himself.