Perth Mint sold billions in diluted gold to China, tried to cover it up
(Unsplash)
(ZEROHEDGE) – Over the years, we have periodically reported of the occasional gold bar discovered as counterfeit, including gold-plated tungsten bars, but most (if not all) have been via third-party fraudsters.
'This time is different' however, as overnight reports via Australia's ABC News claims that 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.
WND is now on Trump's Truth Social! Follow us @WNDNews
Gold doping is a somewhat accepted practice in the industry and is not illegal, but is high risk for refiners, as it lowers the quality of bullion by adding impurities like silver or copper.
The post Perth Mint sold billions in diluted gold to China, tried to cover it up appeared first on WND.