Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in

2Peas

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May 26, 2014
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freeman

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Apr 5, 2003
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That the fake gold was deposited as collateral for loans with what are referred to there as 'shadow banks' says it all.
 

LawrencetheMDer

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HOLY TOLEDO!! 83 TONS of fake Chinese gold!! That is a lot of gold. Wondering if my SPDR (GLD) has any???

83 tons and what do you get?
Another day older and deeper in debt!
 

SD51

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Why am I not surprised...

Sounds like in the future, it might be a good idea to cut every supposed Gold bar coming from there, into small pieces to confirm it's really Gold!
 

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