JP Morgan has fakes in thier vaults

JP Morgan has fakes in thier vaults

Postby Saabman » Fri Aug 30, 2019 6:51 am

Counterfeit-stamped gold found in JPMorgan vaults, global markets: Report
Fox Business Ann Schmidt,Fox Business 11 hours ago


Gold bars that have been stamped with counterfeit refinery logos have made it into the global market -- even getting into JPMorgan Chase’s vaults, according to a new report.


https://www.yahoo.com/finance/news/coun ... 30667.html
Cerca Trova!!!

Happiness does not depend on what you have or who you are. It solely relies on what you think.
-Sid
User avatar
Saabman
Post Hoarder
 
Posts: 2172
Joined: Sun Dec 12, 2010 10:47 am
Location: State of Franklin

Re: JP Morgan has fakes in thier vaults

Postby Recyclersteve » Fri Aug 30, 2019 10:23 pm

For those who didn't get a chance to read everything in detail, the bars are indeed gold. The accusation is that they have been made by parties other than authorized mining companies. So it is not like they have lead on the inside with gold plating on the outside.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4421
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be


Return to Counterfeit Detection & Discussion

Who is online

Users browsing this forum: No registered users and 7 guests