To circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.
To circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.
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I'm interested in why the bar is so chewed up. Are they handing out fakes as well?
The cuts are probably to show the insides of the bar so they know it's solid gold all the way through. Who knows if they're handing out fakes though, imo it's very likely.
My hash dealers do the same thing. Gotta see all the nuances and check quality through and through.
you can commonly find tungstein cored gold bars at sites like alibaba.com for far cheaper than real ones.
they are aparently pretty much indistinguishable from real bars without special equipment.
aparently even some major banks found some in their inventories
I'd love something like that as a paperweight or door stop. Or to sit next to my trillion dollar coin
I see you are prepared for the next Great Crisis.
Possibly demonstrating ductility? Classier than chewing on the damn thing.
Are they handing out fakes as well?
This is china we are talking about. Of course they are.
You're telling me you would just accept a damn bar of gold handed to you in a similar situation without verifying somehow it is what the seller says it is?
You mean in 2023? No I assume everyone is ripping me off, including china
Uncanny valley of yummy. It looks wrong but also like candy
Yes, it looks as if it would have a great chewy consistency when biting into it ....
Are they handing out fakes as well?
I'm totally guessing here but I think it's to visually prove it's not some other metal wrapped in gold
