Author Topic: China puts fake gold bars on the market -  (Read 99 times)

Offline goodfellow

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China puts fake gold bars on the market -
« on: June 29, 2020, 12:12:57 PM »
Wow -- this could have some serious international banking implications. The CCP and its operative commercial companies are getting increasingly aggressive and desperate.

https://www.zerohedge.com/markets/83-tons-fake-gold-bars-gold-market-rocked-massive-china-counterfeiting-scandal


Offline bonneyman

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Re: China puts fake gold bars on the market -
« Reply #1 on: June 29, 2020, 02:42:03 PM »
 :)) :)) :))

And we can trust the Chinese?

Offline DeadNutz

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Re: China puts fake gold bars on the market -
« Reply #2 on: June 29, 2020, 02:53:29 PM »
But Joe and Hunter like how they operate. :lol_hitting:

Offline coolmercury

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Re: China puts fake gold bars on the market -
« Reply #3 on: June 29, 2020, 03:15:48 PM »
Now we know why the demoncrats are so high on China. :c002:

Offline highland512

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Offline Matt_T

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Re: China puts fake gold bars on the market -
« Reply #5 on: June 30, 2020, 08:51:46 AM »
Those fakes weren't really on the market. At less than half the density of gold copper fakes are so easy to spot that they wouldn't fool anybody.

Offline fatfillup

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Re: China puts fake gold bars on the market -
« Reply #6 on: June 30, 2020, 09:12:04 AM »
They way I read the article, the gold was being held as collateral for loans, so the Chinese banks and insurance companies are on the hook for the losses

Offline bonneyman

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Re: China puts fake gold bars on the market -
« Reply #7 on: June 30, 2020, 02:56:06 PM »
Lets just hope they didn't pay for that Venezuelan oil with those fake gold bars!  :91: