Chinese company selling counterfeit gold

Discussion in 'Economics' started by peilthetraveler, Oct 28, 2009.

  1. I can see this making its way to Ebay...

    There are better ways to buy gold than actually owning it. Buying gold already has a relatively high cost for the average buyer

    Gold ETFs, gold mining shares, gold held by places such as bullionvault.com, etc.

    Similar thing happens with a lot of antiquities, collectibles, art or "archeological" items. Huge amount of fakes sloshing around.
     
    #11     Oct 28, 2009
  2. The chinese culture has a long history of making forgeries. I have collected antiques in the past and can't tell you how many fake Ming porcelin works of art there are that were made during the 1800's. I am sure there are other countries and cultures that are doing the same thing but China has a bad reputation for centuries and should be more sensitive to this issue. BTW Windows 7 is already copied and being distributed. As far as PGM and metals purchases go with a repudable dealer that will buy and sell the same product.

    http://www.china.org.cn/business/2009-10/28/content_18783098.htm

    Akuma
     
    #12     Oct 28, 2009