Friday, December 3, 2010

HK gold market hit by sophisticated scam

Here is another article on fake gold showing up in Hong Kong.

As occurrences of fake gold become increasingly exposed, the market will slowly come to the realization that there is less gold above ground than what "official" estimates are.  Actual physical shortages will only be intensified.  I'll leave it up to the reader to decipher what the consequences are.

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