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81 tons fake gold from China
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<blockquote data-quote="Troutman" data-source="post: 561907" data-attributes="member: 8744"><p>If you read Australian Gold Gem and Treasure, February 2020 edition, page 27 you'll see that they have been accused of being at scams such as this for over 100 years. There's an article in the mag dated 25th August 1911 that talks about The Celestials faking small granular gold using gold dipped lead and zinc pellets placed in chamois bags and sold to banks as alluvial wash. It was costing about 8 shillings an ounce to produce when gold was selling for 3 pounds, 17 shillings and sixpence an ounce. Nice profit!</p><p> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite4" alt=":mad:" title="Mad :mad:" loading="lazy" data-shortname=":mad:" /> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite4" alt=":mad:" title="Mad :mad:" loading="lazy" data-shortname=":mad:" /></p></blockquote><p></p>
[QUOTE="Troutman, post: 561907, member: 8744"] If you read Australian Gold Gem and Treasure, February 2020 edition, page 27 you'll see that they have been accused of being at scams such as this for over 100 years. There's an article in the mag dated 25th August 1911 that talks about The Celestials faking small granular gold using gold dipped lead and zinc pellets placed in chamois bags and sold to banks as alluvial wash. It was costing about 8 shillings an ounce to produce when gold was selling for 3 pounds, 17 shillings and sixpence an ounce. Nice profit! :mad: :mad: [/QUOTE]
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81 tons fake gold from China
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