Fake gold bars
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Started by GunterK - June 29, 2020, 1:36 p.m.

83 tons of fake gold bars have been exposed in china. The scam involved insurance companies and banks.


It may not be a big thing, world-wide. On the other hand, it may make investors think twice before buying gold bars for a rainy day.

By wglassfo - June 30, 2020, 12:05 p.m.
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Some thing has sent gold price up breaking 1800 at one time. {haven't checked price as of this post]

Was the fake gold the news needed to push gold higher??

USD seems to be losing market share

By bear - July 1, 2020, 12:51 a.m.
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this type of topic has come and gone a few times over the last 20 years.  but this does seem to be larger than before. 

if you want to buy precious metals,  i'd get a rare certified gold coin from a reputable coin shop.  the grading services have been diligent in finding frauds when they do grading.  

or you can buy gold coins from the u.s. mint.  but i have had a couple problems dealing with the mint.