Perth Mint Sold Diluted Gold To China, Got Caught, And Tried To Cover It Up
March 7th, 2023Via: ABC:
The historic Perth Mint is facing a potential $9 billion recall of gold bars after selling diluted or “doped” bullion to China and then covering it up, according to a leaked internal report.
Four Corners has uncovered documents charting the WA government-owned mint’s decision to begin “doping” its gold in 2018, and then how it withheld evidence from its largest client in an effort to protect its reputation.
While the gold remained above broader industry standards, the report estimated up to 100 tonnes of gold sent to Shanghai Gold Exchange (SGE) potentially did not comply with Shanghai’s strict purity standards for silver content.
Things are starting to heat up around gold–is there a program on the shelf to introduce major FUD (fear/uncertainty/doubt) into the gold market when needed?
It’s going to be very interesting to watch the evolving relationship between the World’s most durable money, Bitcoin, and the bankster’s new CBDC’s.