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 complacent Mint on the one hand and a Secret Service which is involved in fake gold on the other hand. So this is clearly a major problem. CHINESE GOLD “FACTORIES” Counterfeit gold coins have been around since the coinage of gold first started in the Greek city of Lydia around 600 BC. Fake gold bars and coins are ubiquitous and many owners of gold are not aware that they have fake gold. I realised the widespread presence of fake gold when I was interviewed in Sydney by an Australian te...
from GoldBroker.com https://www.goldbroker.com/news/fake-gold-silver-explosion-end-bull-market-1287
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