Mike Duffy Channel 7 Australia Reports on Perth Mint Fake Gold Bars

Report shown on Channel 7 Australia 22/10/12

Spoke to Perth Mint - Toured the Factory in China making the fakes, minimum purchase was 300 1oz fake bars, also he stated they made other replicas of recognised gold products - basically a 40 second spot

Nothing new but now it is hitting the presstitute main stream media - Read about this earlier in the year with fake krugerrands on alternative news sites - ones that are still not blocked via the commonwealth government of australia.

Anyone else in Australia see this?

I am gathering that this was a propaganda point on not to buy gold?

Regards TP&CS
 
yup, i've seen it. they made it manually :rolleyes:.
i hope someone in this forum can show us the different, a little bit scary........ it looks like the same on TV.
 
I have seen 'guns' where they shoot a laser or something into the item and it gives you a readout of the metals in the item.
Of course anyone dumb enough to buy gold bars off a random guy on ebay deserves to be burned.Suck it up and pay a little premium for the extra security is what i do, it ain't worth the risk.Like the forum article on here a couple months back about the guy selling a 10oz gold bar on gumtree - i mean come on!
 
Sad when even the precious metals media can't get it right.

1. The bars were in China, they weren't "discovered in Australia"
2. The bars were Kangaroo Minted Bars, not "Perth Mint Kangaroos" which is the name of the bullion coins produced by the mint.
 
goldpelican said:
Sad when even the precious metals media can't get it right.

1. The bars were in China, they weren't "discovered in Australia"
2. The bars were Kangaroo Minted Bars, not "Perth Mint Kangaroos" which is the name of the bullion coins produced by the mint.
That's how make you as a professional :D
 
goldpelican said:
Sad when even the precious metals media can't get it right.

1. The bars were in China, they weren't "discovered in Australia"
2. The bars were Kangaroo Minted Bars, not "Perth Mint Kangaroos" which is the name of the bullion coins produced by the mint.


is it actually illegal to "counterfit" these bars as they are not actually legal tender.
 
No, but the 20 and 50c coins from around 1:40 - 1:43 definitely are.

Exactly what happens if you produce and sell counterfit legal tender of another nation under international law I wonder?

No two ways about it, these people are screwed.

Not only will Perth Mint be chasing these people down, but also the Australian Federal Police.

Through history, such acts as these constitute an act of war. I've no doubt these people will face extremely harsh penalties and the Chinese government will be most keen to co-operate.

Note where they were selling this stuff as well... EBAY
 
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