| |
 | Andy Hoffman - Miles Franklin |
Special Supplement: Counterfeit Coins You Get What You Pay For  |
| Miles Franklin has been in business for 27 years – with an A+ Better Business Bureau rating, and not a single registered complaint since opened our doors in 1989. The company is still owned by the father and son team that founded it, Andy and David Schectman; and our brokers, on average, have been selling bullion since the early 1980s. For a variety of reasons – from our sterling reputation; to competitive sale prices; the industry’s best “buyback” prices (particularly for Miles Franklin custoSunday, April 19, 2020 |
|
 | Egon von Greyerz - Matterhorn AM |
| FAKE GOLD – SILVER EXPLOSION – END OF BULL MARKET |
| In the US, fake gold is now a growing problem that is not being tackled. Congressman Alex Mooney (not Money!) has just written to the US Mint of the growing problem of high-quality counterfeits. He also wrote a letter to the Mint in November 2017 but the Mint responded that the problem was not significant. But the US Secret Service has since briefed the office of Congressman Mooney about the extent of the problem and the lack of supportive actions of other agencies. There we have it – a complaceFriday, March 23, 2018 |
|
 | Mark O'Byrne - gold.ie |
| Four Key Themes To Drive Gold Prices In 2018 – World Gold Council |
| – Four key themes to drive gold prices in 2018 – World Gold Council annual review– Monetary policies, frothy asset prices, global growth and demand and increasing market access important in 2018
– Weak US dollar in 2017 saw gold price up 13.5%, largest gain since 2010– “Strong gold price performance was a positive for investors and producers, and was symptomatic of a more profound shift in sentiment: a growing recognition of gold’s
role as a wealth preservation and risk mitigation tool” – China’Friday, March 2, 2018 |
|
 | Mish - Global Economic Analysis |
| Valuing Bitcoin: Millennials Fake Gold or "Something Else Entirely" |
| Vitaliy Katsenelson emailed an article about the Bitcoin bubble. Let's compare to the "Something Else Entirely" belief.Bitcoin – Millennials Fake Gold by Vitaliy Katsenelson
Originally posted on the Contrarian Edge.
I’ve been asked about Bitcoin a lot lately. I’ haven’t written anything about it because I find myself in an uncomfortable place in agreeing with the mainstream media: It’s a bubble. Bitcoin started out as what I’d call “millennial gold” – the young (digital) generation looked at it Tuesday, January 9, 2018 |
|
| Graham Summer - Gains Pains & Capital |
| Bitcoin – Millennials Fake Gold |
| I’ve been asked about Bitcoin a lot lately. I’ haven’t written anything about it because I find myself in an uncomfortable place in agreeing with the mainstream media: It’s a bubble. Bitcoin started out as what I’d call “millennial gold” – the young (digital) generation looked at it as their gold substitute.
Bitcoin is really two things: a blockchain technology and a (perceived) currency. The blockchain element of Bitcoin may have enormous future applications: It may be used for electronic contrTuesday, December 26, 2017 |
|
 | Dave Kranzler - Sprott Money |
 Bitcoin’s Inconvenient Truths: The Silence Is Deafening - Dave Kranzler  |
| Gold is instantly and optically recognizable as money. You don’t have
to explain it. Bitcoin and Special Drawing Rights (SDR), like a bad
joke, have to be explained. Many “cryptologists” from the start gave up
trying to explain Bitcoin and just sell it as virtual gold, which is de
facto fake gold. – Dan Popescu, investment consultant
Numerous inconvenient truths are conveniently ignored by
Bitcoin/cryptocurrency promoters. Not the least of which is that the
fact that the original conceptThursday, November 30, 2017 |
|
 | Chris Powell - GATA |
| Fake gold wasn't ours, Royal Canadian Mint says |
| http://www.cbc.ca/news/canada/ottawa/fake-gold-not-ours-mint-says-1.4380...
A gold bar purchased in Ottawa that turned out to contain no gold did not come from the Royal Canadian Mint, the Crown corporation said today.
The mint's statement came the day after CBC News reported that tests showed the 1-ounce gold bar, purchased last month by an Ottawa jeweler from a Royal Bank branch in the Glebe, indicated it contained none of the precious metal.
The bar was stamped with the Royal Canadian Mint'Wednesday, November 1, 2017 |
|
| Chris Powell - GATA |
| Elaborate fake gold bar sparks investigation by RBC and police |
| http://ottawacitizen.com/news/local-news/elaborate-fake-gold-bar-sparks-...
RBC Royal Bank is working with police to investigate allegations that one of its branches on Bank Street sold a gold bullion 1-ounce bar that turned out to be an elaborate counterfeit.
CBC reported today that on Oct. 18 Samuel Tang walked into the bank, located at the corner of Bank Street and First Avenue, to buy a 1-ounce gold bar. Tang is a gemologist and jewelry designer who works across the road at Joy Creations. ThTuesday, October 31, 2017 |
|
| Egon von Greyerz - Matterhorn AM |
| A WORLD OF LIES BUT GOLD WILL REVEAL THE TRUTH |
| The dollar is dead but the world doesn’t know it.
It has been a slow death and the final stages will be very painful for the US and for the rest of the world. The US empire is finished financially and militarily.
Nixon was convicted for the wrong crime
It all started with the establishment of the Fed in 1913 and escalated with Nixon. For anyone old enough to still remember him, they will think about the Watergate scandal. This was corruption and bribery at the highest level in the Nixon administFriday, October 20, 2017 |
|
| Andy Hoffman - Miles Franklin |
| The Gold Coin Dilemma, Politics and Nonsense |
| There are five identical bags of gold, and each contains ten gold coins. However, one of the five bags contains fake gold. The real gold, fake gold, and five bags appear identical, except the coins of fake gold each weigh 1.1 ounces, and the real gold coins each weigh 1 ounce. You have an accurate digital scale and CAN USE IT ONLY ONCE.
How do you determine which bag contains the fake gold?
(Thanks to my friend Brian C. for sending me this dilemma.)
There is a straight-forward answer to thisWednesday, October 4, 2017 |
|
 | Gary Christenson - Sprott Money |
| The Gold Coin Dilemma, Politics and Nonsense - Gary Christenson (3/10/2017) |
| There are five identical bags of
gold, and each contains ten gold coins. However, one of the five bags
contains fake gold. The real gold, fake gold, and five bags appear
identical, except the coins of fake gold each weigh 1.1 ounces, and the
real gold coins each weigh 1 ounce. You have an accurate digital scale
and CAN USE IT ONLY ONCE.
How do you determine which bag contains the fake gold?
(Thanks to my friend Brian C. for sending me this dilemma.)
There is a straight-forward answer toTuesday, October 3, 2017 |
|
| Andy Hoffman - Miles Franklin |
| Fort Knox: “Glad Gold Is Safe!” |
| Posted on September 28, 2017 by Gary Christenson
Secretary of the Treasury Steven Mnuchin visited Fort Knox on August 21. He tweeted “Glad gold is safe!” He told an audience in Louisville, “I assume the gold is still there.”
The Fort Knox Gold was last audited in the 1950s. Secretary Mnuchin’s statements were not helpful. Questions:
The gold is safe, but where is it? Has most or all Fort Knox gold been shipped to Asia?
How much gold is safe? A few bars? Hundreds of bars in a locked and dimly Thursday, September 28, 2017 |
|
| Gary Christenson - Sprott Money |
| Fort Knox: “Glad Gold Is Safe!” - Gary Christenson (28/9/2017) |
| Secretary of the Treasury Steven Mnuchin visited Fort Knox on August 21. He tweeted “Glad gold is safe!” He told an audience in Louisville, “I assume the gold is still there.”
The Fort Knox Gold was last audited in the 1950s. Secretary Mnuchin’s statements were not helpful.
Questions:
The gold is safe, but where is it? Has most or all Fort Knox gold been shipped to Asia?
How much gold is safe? A few bars? Hundreds of bars in a locked and
dimly lit room visible only through a small window? WThursday, September 28, 2017 |
|
 | Adrian Ash - Bullion Vault |
| Fake Gold on the Autobahn |
| Would you spot fake gold bars, coins or jewellery if it told you a sob story...?
A WELL-DRESSED motorist flags you down by the roadside, pleading hard luck,
writes Adrian Ash at BullionVault.
Perhaps a woman and a couple of young kids are sitting in his car, itself a Mercedes or smart new people carrier, parked with the hazard lights flashing.
Saturday, March 25, 2017 |
|
| Sprott Money |
| Gold Silver Manipulation: The Biggest Financial Crime In History, Part II - Dave Kranzler/Stewart Dougherty |
| More from Stewart Dougherty below:
As this immensely profitable fraud has been perpetrated, the MFM have
bombarded the populace with a propaganda campaign that smears and
mis-characterizes gold. Rising precious metals prices are always
presented as being ominous, negative and inimical to the people, while
declining prices are consistently placed in a favorable light. This
propaganda has been carefully crafted and timed so that when massive,
coordinated price attacks occur, market observersThursday, March 16, 2017 |
|
| Sprott Money |
The Deep State’s Gold Scam And The Demonization Of Russia - Dave Kranzler/Stewart Dougherty  |
| Guest post from Stewart Dougherty:
As the Fiscal Year 2018 budget, and particularly its war component
are floated, it has become clear that without continued, massive
military spending, paid for with mass-produced electrons masquerading as
money, U. S. GDP would collapse, taking the country’s financial and
monetary systems with it. The nation, whose real economy has been
hollowed out, for profit, by the Deep State plunderers, has become
significantly reliant upon deliberately contrived warSaturday, March 4, 2017 |
|
| Chris Powell - GATA |
| Chinese firm said to have used tungsten to manufacture fake gold bars |
| By Leng Cheng
Shanghai Daily
Tuesday, February 21, 2017
The Shanghai Gold Exchange today denied a media report that it was connected with a supplier that has allegedly cheated loans with fake gold bars.
A Caijing magazine report on Monday accused Boyuan Mining Co., a metal producer based in Lingshan, Henan Province, which used to produce gold-plated tungsten bars, has caused loss of more than 10 billion yuan (US$1.45 billion) during the past decade through fraud.
The report referred the producerTuesday, February 21, 2017 |
|
 | Alasdair Macleod - Finance and Eco. |
| Malice in Wonderland |
| Malice in WonderlandRecently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. After falling into the void, I found myself outside a castle, which can only be described as very Gothic in the darkest sense. A door opened in the castle wall, and I was beckoned in by a tall dark-haired man, who was wearing a long black cloak.He said he was a representative for ME Phistopheles & Co, a firm located in multiple undergrouFriday, January 13, 2017 |
|
| Mark O'Byrne - gold.ie |
| “Gold Will Be The World’s Strongest Currency” If BREXIT Happens |
| Gold and Silver News and Commentary If BREXIT Happens – “Gold Will Be The World’s Strongest Currency” (Zero Hedge) Brexit and Gold (Townhall) Fake gold and silver coins ‘flooding’ market (NBC) Looming ‘Brexit’ Vote Rattles Global Markets (WSJ) Brexit’s First 100 Days Promise Chaos, Fear, Damage Limitation (Bloomberg) Read More Here Gold hits 4-week high as Brexit vote shakes stocks (CNBC) Asian Stocks Battered by Brexit Angst as Pound Falls; Bonds Gain (Bloomberg) Gold holds near four-week higTuesday, June 14, 2016 |
|
| Chris Powell - GATA |
| Fake gold and silver coins 'flooding' market |
| In these uncertain economic times, you don't have to be a miser to consider putting some of your money into precious metals, and gold and silver coins are an easy way to do that.
But this increased demand for bullion coins -- like the American Eagle, South African Krugerrand, and Canadian Maple Leaf -- has created a golden opportunity for forgers.
Counterfeit coins are "flooding the market at an astonishing rate," and compromising the investments of collectors, according to the American NumismatMonday, June 13, 2016 |
|
|
