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Thread: Paper Dragon? Fake Chinese Gold issues.

  1. 07-02-20, 10:57 #1
    Averageman
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    Paper Dragon? Fake Chinese Gold issues.



    This could be very devastating.
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  2. 07-02-20, 12:40 #2
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    Enron-style collapse of their equities on world exchanges in 3,2,1...
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  3. 07-02-20, 12:48 #3
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    yoni
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    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
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  4. 07-02-20, 12:53 #4
    Averageman
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    Quote Originally Posted by yoni View Post
    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.
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  5. 07-02-20, 13:10 #5
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    The_War_Wagon
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    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.
    - Either you're part of the problem or you're part of the solution or you're just part of the landscape - Sam (Robert DeNiro) in, "Ronin" -
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  6. 07-02-20, 13:24 #6
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    Quote Originally Posted by The_War_Wagon View Post
    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.
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  7. 07-02-20, 17:45 #7
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    Quote Originally Posted by OH58D View Post
    That's why you buy gold and silver from US domestic minting outfits with verifiable addresses.
    Dude, your gold and silver has four hooves or is trickling into a stock tank!
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  8. 07-03-20, 13:33 #8
    Buncheong
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    Exclamation

    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
    ”New levels of dissimulation being reached for - and gained – in the faux journalism/gov spokesmen/shadowy ‘intelligence’ nexus which blends together the worst elements of controlled medias, puppet governments, & mafia-led ‘security’ forces, as our ‘post-reality’ era jets further and further away from any remotely real ‘events,’ authentic ‘leaders,’ & factual reporting.”

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  9. 07-06-20, 17:10 #9
    Evel Baldgui
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    Anything with "CHINA" I automatically regard as fraudulent. Phuck China.
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  10. 07-06-20, 17:51 #10
    soulezoo
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    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.
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