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Hong Kong Fake Gold Video

ProofCollectionProofCollection Posts: 6,302 ✭✭✭✭✭
in Precious Metals
Scary...
Video

Comments

  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Sniff sniff, something smells and then I see it's CNN Asia.


    CNN doesn't pass the smell test no matter how much perfume you put on it.

    Interesting because in Asia, the majority of gold sales is in the form of 22K and 24K. For the tourists from europe it's 18K and nobody can be bothered with 14K as it's considered a rip off.
    So the difference is in the US, jewelers have NOT benefited from higher gold prices as the announcer claims but in Asia they may. I will ask some relatives tonight and see what they say about that. Stay tuned on that.





    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

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