China’s Putting Something Terrifying in Gold Bars

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The gold rush is nuts in China right now, and it's causing some insane problems.
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[@laowhy86]

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[@tiefblau2780]

LoL It was bound to happened ... Its *SANLU* Cause *SANLU* Effect *Sanlu* , cause and effect

[@kgw100]

Chinese people in China would thrive in the fallout universe. Probably worse there than the wasteland

[@theredbaron5117]

WOW this video glows so hard that I'm compelled to ask is the actual landmass known as 'China' making the fake gold bars full of Terror?! Or do you mean 'China' as in the govt of China making fake gold bars... or do you mean 'China' as in some d1psh1t scammers in China scamming from other Chinese people in China? Try to be specific as your broad generalisatons are so misleading as to be weird af

[@Sideritis]

Who are you fooling? Gold bars are sold in Banks and not in boutiques. Each bar has a number and a certificate is attached to it.

[@AllConsumingJAWS]

If we all learn something from McAfee, is that nothing is safe, no matter what VPN hustle is out there...

[@naswinger]

i don't know how a society works where it's common practice to rip off others with the attitude of "their problem if they fall for it".

[@wreagfe]

So where do you live? The West is not much different. It's just in other aspects of society.

[@bobmclovinelectricboogaloo]

​@@wreagfe well I mean China is filled with rip-offs when you're buying something made in China it's likely fake. Don't get me wrong this kind of stuff is everywhere it's just worst in other places or countries.

[@pablosskates7067]

@@wreagfeyes because there’s no such thing as a sliding scale. It’s either all bad or it’s all good. Good one wumao.

[@I9s7lam5is-S3tu1pid]

@@pablosskates7067😂😂😂😂😂 Wumao!! Excellent! I call them worms crawling out of the Chinese bamboo. 😂😂😂😂😂

[@maximeb6662]

We aint saying our country aint shit but china is 100% shittier than our country

[@purplekey9330]

It needs to be mentioned that gold bars of that size currently sell for about 78,000 dollars. So buying a fake of that size would be absolutely crippling

[@masterbasher9542]

Worse if this tier of scams, hit not just the Chinese. But foreign capital/investment, if one's also deep in the Gold trade.

[@devalue7064]

also if you destroy real gold bar like this, it looses status of investment gold and becomes scrap metal of which selling price is 30% lower. good luck investing in gold.

[@Yourpolice69]

Not sure what you mean by "that." There's more than one size of gold bars shown and some look like $500k USD

[@gonelucid]

​@devalue7064 depends if you buy gold at spot price.

[@survidmt]

Driving up the price of everything gold, thanks China.

[@itsonlyafl3shwound]

Gutter oil, plastic rice, cardboard dumplings, fake gold, tofu buildings who knows what their nukes are made from! Isn't there fuel water?

[@robertquackenbush4334]

Lol. China's Ccp are beginning to sound like Orks from this logic. In my Canon Chinease 5th gen stealth planes, are in fact just painted purple.

[@monad_tcp]

2 million foot soldiers that are just kids without any training or boots.

[@user-rg2hj7ex6p]

Just water

[@woofwoof9647]

​@@monad_tcp Chynas has a masturbation problem in their army 😅😂🤣

[@tateranus4365]

yeah they are putting water in the fuel tanks of their ICBMs, now if they were just using water as a ballast payload or something that would be fine but nope they are putting it in the tanks where there should be MMH and NTO.

[@user-um7bd2tf9y]

I have a Chinese family friend that explained that when US company buy steel from China they send there own reps to inspect it and actually observe it being packed and then loaded become if they step away for a second it will be swapped with lower quality Steel than what us being paid for. I am astonished that there isn't globally adopted laws on fake gold manufacturing.

[@deeprollingriver52]

Laws? For China? China ignores international laws 😂😂😂😂😂😂

[@grimvisionz91]

This is the ultimate "made in China" meme.

[@Freja_Solstheim]

24 carat Chinesium gold!!

[@Dziaji]

AI 5G gold bar. China is the world leader in gold bars!

[@Ryan91487]

I thought that would be their faulty buildings.

[@RamblingRodeo]

LOLOL, right EVERYTHING is FAKE in CHINA!

[@NPC-bs3pm]

@@Freja_Solstheim 😮WOWwees I want to trade my real 🍁Canadian gold bars for that Chinesium

[@charlessterling8375]

Fake goods from China, NOOOOOO who would have thought 😂😂😂 the lead inside the gold is probably fake too 😂😂

[@AlessandroRodriguez]

lead cost 2200 USD per ton, so most probably is just scrap metal

[@Xander1Sheridan]

they love using tungsten.

[@dananorth895]

Iron is cheap.

[@myscreen2urs]

The people buying gold are actually buying painted lead, but the the scammers buying led to fake their gold are actually buying tin. But wait, it doesn't end there. The scammers buying tin are actually getting aluminium. It's a pyramid scam🙃

[@danielsweeney8164]

>the lead inside the gold is fake too underrated post

[@Book-bz8ns]

Huge red flag if somebody says "no returns"

[@MarcGyverIt]

If there's anything you should be able to return, it's gold lol

[@MarcGyverIt]

So long as you paid with cash.

[@davidlindburg1921]

That's right: 3% spread btw buy and sell price, they don't want it back when they know it's fake

[@senatuspopulusqueromanus2082]

hehe, red flag)

[@EasyThere]

The people testing their gold reminded me of the saying "It is easier to fool someone than it is to convince someone they have been fooled".

[@The.Nasty.]

I love that quote, so true

[@Vazlist]

It's gone so far that nothing about China seems to surprise me anymore, and that's pretty scary

[@0Diazzz0]

Highest IQ in the world but zero inventions for deckades. 😂❤

[@EroticOnion23]

@@0Diazzz0 a lot of modern things were invented by Chinese-descent, like fiber-optic for the internet. One of the main engineers for the F35 was also ethnic Chinese. Mainland China have things you are just not aware of...

[@0Diazzz0]

@@EroticOnion23 You have to claim inventions with a patent. Grow up.

[@EroticOnion23]

@@0Diazzz0 no you don't, why do you think there are trade-secrets lol. Like the KFC recipes, or nuclear bombs 😆

[@0Diazzz0]

@@EroticOnion23 Haha yeah, nucleair technology that was actually military patentend and the herbs you mix to make food is not actually an invention. Grow up faster.

[@slayer2450]

Gold with Chinese characteristics

[@guychocensky3585]

LOL! Perfect retort of the day award!

[@chrisfallis5851]

Gold covered Chineseum.

[@EroticOnion23]

What’s the US peanut butter with salmonella that unaIived dozens of people? Peanut butter with American characteristics?…😅

[@astralclub5964]

@@EroticOnion23What’s the fake melamine that Chinese baby formula producers made that unalived hundreds of babies?

[@mariocamspam72]

​@EroticOnion23 Oh oh what about the US? OH the US is unsafe as well!

[@ivinrandall8224]

The whole culture thrives on deceit, truth has always been a abstract idea in chinese society.

[@grizzlygrizzle]

Another innovation adopted by the American left in the form of woke ideologies, based on postmodernist notions that all truth is subjective (personal feelings) or socially constructed (propaganda).

[@Al-oe8ib]

Run by deceitful self servers

[@haz3004]

A fake gold bar is the perfect analogy for Chinese products. Looks good on the surface but junk underneath

[@RonaldSkancke]

There is plenty of it floating around parking lots in the USA too in the form of jewelry. I know because I got scammed with 160 dollars worth by a poor down on her lunch Hispanic woman who claimed to need money to feed her infant child. It's a really good fake too and even fooled a clerk at sales jewelry.

[@jongeegva]

U mean like the US government 🤔😆😆😆

[@haz3004]

@@jongeegva Well that's totally random but yeah sure okay. As an Australian I couldn't care less about America

[@jongeegva]

@@haz3004 same thing😆 just for u, Australian government then

[@haz3004]

@@jongeegvaAll governments are terrible then okay sure, agree. Bit of a departure from the original topic but sure why not

[@staticbuilds7613]

A great way to get rid of unwanted nuclear and toxic waste from the slave factories while earning a fortune

[@kubrickenigma7977]

That is a good point. What better check with a geiger counter.

[@TentaclePentacle]

I'm so dissapointed that there are no chocolate inside those gold bars.

[@billyilbello4731]

right? it would have sweetened the scam

[@donrane]

If chocolate was cheaper than cast iron you would for sure see a few chocolate filled gold bars.

[@dieseldragon6756]

Best comment of the lot, IMO! 🪙🍫😆 (May be just because I'm from the UK and we have a „Gold“ brand of chocolate bar here. 😇)

[@TentaclePentacle]

@@dieseldragon6756 there are chocolate coins wrapped in gold foil. There are actual chocolate that look like gold bars. I was hoping to see one of them being passed off as real gold.

[@WarbirdPhoenix]

It's China. I wouldn't even trust the chocolate to be chocolate.

[@sk7262]

as they say "if you can cheat, then cheat" their Olympic swimmers are prime examples

[@2jpu524]

As a school science project for my son, we were able to check for real gold using Archimedes principle of computing the density by measuring the volume displacement in water and measuring the weight. Archimedes was able to prove that the king's crown was not made of solid gold. You can do the same to protect yourself from scammers.

[@vasiliynkudryavtsev]

But you would not be able to detect Tungsten core in this case. Nor Uranium, nor Plutonium. Buy Platinum. The only way to cheat is Iridium and Osmium which are way more expensive.

[@tonipeterson954]

Each metal and % grade thereof ... has its on specific gravity ... watch videos on KZbin for the "how to"

[@2jpu524]

@@vasiliynkudryavtsev I actually tried this, and you're right. Furthermore, it's very hard to accurately measure the volume displacement in water, even if you're using a precision analytical balance. I do think there's a market for a low cost X-ray Fluorescence meter though. What's on the market is horribly and needlessly expensive. There's a market opportunity for sure. But if you made one, how hard is it to not have someone from china reverse engineer it.. I'm sure I could cobble one up. Such is a concern from an engineer in these modern times though.

[@Max_Ohm]

Fuck KZbin Censorship

[@twocentproductions5326]

Can't stand it, they fk with me chronically.

[@Sonny_McMacsson]

@@twocentproductions5326 It's interesting it allows the above. I'm seeing if decides to treat me differently. But, yeah, it hides PG level speech or anything that uses a bit of a phrase that a spam comment might use. Utterly ridiculous. It's very difficult to use typical language an adult would use, especially if you want to convey some intensity (not even swearing, mind you). Edit: I've even seen it hide an entire top level comment tree from everyone but me when repeatedly trying to post something it doesn't like. Similarly, it will more harshly scrutinize a comment it previously rejected if you try to fiddle with it to maybe make it more acceptable if it thinks you're trying to post the same thing. Simply change the word order enough from the original after "fixing" it and it will probably let it stay.

[@omnitravis]

@@Sonny_McMacsson a lot of it has to do with people and or bots filing reports. If someone doesn't report a comment you can basically say whatever.

[@Sonny_McMacsson]

@@omnitravis It's far too consistently timely and particular to be that in deleting. -Oftentimes- Nearly always, the comment never becomes visible in the first place yet it persists for your own viewing, which I think breaks that hypothesis. There was also a fairly recent announcement in the media about a crackdown, ostensibly to improve comment quality. The level of interference went up massively all of a sudden to where it's obvious they don't care about false postiives because the costs of auto removal is so low and the loss, I assume in their eyes, it worth it.

[@Sideritis]

The author is most likely a propagandist. Gold bars are sold in Banks and not in boutiques. Each bar has a number and a certificate is attached to it.

[@ReedoTV]

When there's a gold rush, sell garden shears lol

[@kitkat47chrysalis95]

i think you mean shovels...

[@infernalsorcery7923]

​@@kitkat47chrysalis95um, no. It was a joke about cutting a coupon corner off to see the cross section of a bar....

[@kitkat47chrysalis95]

@@infernalsorcery7923 there is a saying in California regarding the gold rush, "when there is gold in the dirt, the richest man is the one selling shovels"

[@infernalsorcery7923]

​@kitkat47chrysalis95 Ok, but that analogy doesn't work here whatsoever 😂😂. Garden shears were literally used in the video to cut corners off the fake bars man. Do you split hairs like this often? 😂😂 We know the original saying, that's the entire point of the original comment.. You're talking about being a supplier to dig gold. I'm talking about discovering fake gold.

[@lowruna]

Majority of ebayers that bought gold from other ebayers are in for a big surprise..

[@shondee7864]

I bought gold on ebay a couple times. No issues . You can weight it as well as if its priced slightly higher then current market price it is not likley fake.

[@Al-oe8ib]

@@shondee7864and if it has lead inside, how would you know what you purchased?

[@benayers8622]

@@Al-oe8ib i assume they dont own a xray metal tester😂

[@philippayne4951]

This country is crooked. It's about time, that we stop trading with this country, I'm from the UK, and Both America, and the UK should stop trading with them.

[@______IV]

If the UK and the USA stopped trading with China, it would make the Great Depression look like the most prosperous time in history. For better or worse, we’re a global economy. Barring any natural or manmade disaster that throws us back to the equivalent of the iron age, we will forever be a world economy and will become ever more dependent on each other as time goes by. Just FYI, China currently represents about 20% of the world’s economy, the USA about 13%, and the UK about 2%. Economically cutting off China would be like cutting off both of your legs bc one of your toes has gangrene.

[@philippayne4951]

@@______IV Not at all, if America, and the UK, and many other countries followed suit, employment would be better in both countries. China is a rogue country, and it's long overdue that they were dealt with. They produce cheap nasty junk, and if America and the UK, got their act together, Europe would follow suit. On top of that, China is heading for war, with many countries, and America and the uk need to wake up and smell the coffee, before its to late.

[@philippayne4951]

@@______IV And also your wrong about a depression, there would plenty of work for all other countries as well as America and the UK.

[@______IV]

@@philippayne4951 : "Also,"…what was the first thing? Regardless, the way the economies of the world are interconnected is a complex web of material, intellectual, political, and industrial resources, as well as a multitude of more nuanced interactions. It’s simply not possible to cut off 20% of that economic machine without incurring irreparable damage. No one comes out ahead in the scenario you’re proposing.

[@philippayne4951]

@@______IVYou aught to go in politics, you could blind the media with your garbage.

[@reuben3077]

I mean if they give you gutter oil, fake gold is mild In comparison

[@gman8042]

And melamine in baby formula, toxic ingredients in pet treats, etc.

[@EvoraGT430]

@@gman8042 Or earthquake-proof schools that collapse next to the mayor's office, which is still standing.

[@WKilmerStandUpComedy]

America isn't any different... look what's in the food, toys, medicines ect here. This isn't just a China thing.

[@decuevas244]

​@@WKilmerStandUpComedyhi. I saw a comparison of usa oatmeal to uk oatmeal and they had 4 ingredients to our 20 of chemicals.

[@ineptspecimen2280]

Yeah it is the FDA would swoop in and shut you down so quick with these kinds of practices. Have you never heard of a sliding scale? Things are bad in the USA but are horrendous in China.

[@HammerThumbs]

“buy gold bars half price only for today!” 😂😂

[@shondee7864]

You will never be able to buy it for less then market value. Period.

[@HammerThumbs]

@@shondee7864 it’s called “a joke” google it,

[@malcolmliang]

They don't have metal testing machines in China? BTW if you do buy gold you can get them tested with machines like sigma metalytics which can penetrate surface level materials.

[@johnmatthew102]

Tungsten is usually the metal of choice for fake gold bars. It’s weight and density are very close, plus it is very cheap compared to gold.

[@Bruvva_Wu]

And China controls around 85% of the world supply of Tungsten.

[@jimmyroos1677]

True story....

[@Philip-hv2kc]

Tungsten for fake core . But for faked alloying it could be another choice . I'm thinking using bolt cutters to check. Like lead , gold is very malleable , I believe even more malleable than lead though. It should easily hammer down to thin foil thickness.

[@RashaKahn]

Lead is closer in the periodic table to gold.

[@Bruvva_Wu]

@RashaKahn Lead has a density of 11.38g/cc. Tungsten is 19.38g/cc and Gold is 19.3g/cc

[@backgroundnoise9310]

I knew the gold would be fake, even before watching the video. What else could it be?

[@Dziaji]

AI 5G gold

[@vladtheinhaler8940]

It's China after all.

[@teachingwithipad]

do none of them learn how to weigh a bar before they buy?

[@Dziaji]

@@teachingwithipad apparently not. They knowingly eat hard boil eggs in stranger's urine for vitality (or something like that). So that gives you the level of awareness of many of them. They are being abused and it is a sad state.

[@user-sd9sn7wf3o]

@@teachingwithipad Weighing is not enough, you need a special machine to measure the purity. Just buy from reliable source. China is never reliable. Never deal with China to save your problems

[@teknolozik]

Here in Korea, we call it "대륙의 기상", which roughly translate into aura/vigor/spirit of the MAINLAND. Yeah we have been very sarcastic about their trustworthiness.

[@jameslong9921]

Why do you call it the "mainland" when Korea is literally part of the same land mass as China? It almost sounds like a euphimism for the Idea that China is the greatest and Korea is somehow secondary, your country is as much part of the Mainland as theirs is. Im not trying to put you down its just interesting to hear that term being used, reminds me a little of the way Taiwan has been relegated to "little brother" status thereby allowing the Chinese Govt to act like it is superior.

[@teknolozik]

@@jameslong9921 Oh it's just a rough translation, as I said. I mean, it's neither official nor accurate thing! Please don't be overly serious here, English is just my second language. And also, please consider why had I put "MAINLAND" in all capital letters - it's also a part of sarcasm. Just like when "QUALITY" caption is used. (i.e. it's completely broken) ROTFL

[@austinwelch2315]

I start getting nervous when a government starts buying up bottle caps

[@mal7344]

The Lack Of Morals Always Leads To The Collapse ... Of All Civilizations

[@mjpvb]

Its referred to as a 'Salted Bar" The bar is filled with Tungsten because tungsten is extremely close to the same molecular weight as gold. Makes it more difficult to simply weigh the bar for to verify its purity.

[@sammorrissey9094]

There are many other materials closer to the molecular weight. Including lead which is cheaper and asier to work with than Tungsten. The reason Tungsten is used is specific gravity tests, which measure the density of an object, and can accurately determine the volume expected to be displaced by a pure element. Tungsten is 19.25g/cm³ and Gold is 19.3g/cm³ so an entire core of Tungsten is barely different, and with a small piece of platinum inside would actually be perfect and still very profitable as Platinum is less than half the price of Gold.

[@ck17350]

@@sammorrissey9094 Yikes, you could have at least looked that up before commenting. Lead is closer to half the density of gold at 11.348 g/cm. Tungsten is 19.254 g/cm compared to gold at 19.283 g/cm. So um.... there really aren't any metals closer to gold than tungsten, the OP is correct and lead isn't even close. When density testing from the back of your car in China, the margin of error would make it too close to tell the difference. You'd certainly need put a torch on it to determine what you have. Tungsten melts at over 3000 C while gold will melt around 1000 C. A simple MAPP gas torch won't get hot enough to melt tungsten but will easily melt the gold. Unfortunately it's a destructive test so if you're testing jewellery, the piece will be sacrificed. :(

[@asumazilla]

​@@ck17350What about the atomic mass difference? I think that's what he meant. Au = 197 amu, Pb = 207 amu, W = 184 amu. Yeah it's the density that's important here.

[@ck17350]

@@asumazilla You're probably right about what he was thinking... but you're definitely right that the density is what's important. :)

[@fruitloops3718]

I miss the days of you and serpenza riding motorcycles around china. That was definitely the coolest videos. However I'm glad you guys are still exposing chinas misbehaving.

[@mcrow9599]

Been aware of this cultural issue. It is expected to be ripped off when dealing in certain societies. Deceipt is the norm. And they bring this norm all over the world.

[@benayers8622]

"idiot tax"

[@PamelaDurocher]

Such a deceptive country. I tried to share this with fb and it is a black screen.😮

[@OksanaBodarenko]

Probably our God emperor Winnie the Pooh blocked the video.

[@secretgoldfish]

@@OksanaBodarenko God emperor.....hahaha.....he does increasingly resemble a man-worm (or a Hutt gangster!)

[@amistry605]

​@@OksanaBodarenko😂???

[@Tactical_Turtwig]

​@OksanaBodarenko I bet the God Emperor has a fake golden throne he sits on too 😋

[@xavierayayaell546]

You use Facebook lol

[@seanlander9321]

The Chinese have been doing this for decades, particularly with copying South African gold coins using a copper core.

[@mohammadwasilliterate8037]

*yeah but copper is much lighter than gold, the metal closest in density is I think Tungsten.*

[@seanlander9321]

@@mohammadwasilliterate8037 Yep, a tungsten core is a quality Chinese counterfeit.

[@David-lz3ey]

I have seen them do french,German, and British coins. Can't really buy any gold or silver anymore unless you get it tested.

[@adwaye]

Its Comedy Gold😆 At least our laugh is real and not canned laughter.🤣

[@lowwastehighmelanin]

This is such a malicious scam. I feel so bad for the people who think they're buying a safe asset. This is just sick.

[@stephensteele2844]

If someone sold me an 80k fake gold bar and wouldn’t return it their entire life would burn down

[@arnoldshmitt4969]

BUT THE gold selling company has an army of goons who would beat you up if you try anything. that is an autoritarian for you

[@rustygear447]

Chinese suddenly know everything about gold overnight including all the sounds it makes when hit against all materials on earth.

[@jaykiller4510]

I mean it works.

[@Razzy-sr4oq]

Gold is very dense. It makes a lower sound when struck because of thos density. It's just science.

[@shaunpatrick8345]

The government told them about 15 years ago to buy more gold, so it's not overnight. Also, "the ping test" is not limited to China.

[@Razzy-sr4oq]

@@ciskorijken Sorry, I just can't change reality because you didn't pay attention in middle school .

[@philippayne4951]

And they know how to make fake things. They are ruining world economies, and it's time the richer countries stop it once and for all.

[@pakjai5532]

How times has changed. I went from watching Laowhy's love for China to absolutely wanting to destroy China lol

[@OkieDokieSmokie]

I’m honestly surprised that there isn’t radioactive waste mixed into the metals. Or maybe there is.

[@philippayne4951]

China is working on that for us all.

[@auraguard0212]

Ancient "coins" were lumps of gold, with big divots in the center so you knew they didn't have an iron/lead core. 😅

[@gudrun5531]

Yeah. I remember seeing the Viking museum in Edinburough. So many pieces of jewelry, rings, bracels, hacked into pieces to be used only for the value of the gold (or other materials), not the jewelry itself. It was very eye-opening.

[@oldmandoinghighkicksonlyin1368]

But you could just make a hole in a lead disc, then dip the whole thing in molten gold.

[@dead-claudia]

nowadays you can still have both iron cores and gold exterior and still fool people it's called electroplating

[@peoplez129]

That's because it was harder to fake back then for the average person. They could even take it a step further and intelligently add lead to places that are least likely to be cut, or sell bars that are already cut so they look like they've been tested. There's a lot of ways to fool people. My guess is it'll get more and more complex. The ultimate complexity would be bars that are soo finely crafted, that you wouldn't be able to tell even when cutting it. The problem is that would take a lot of work, but with enough volume it'd be worth it. I won't even say how one could do it, because it would be soo undetectable with the naked eye that it would definitely be used.

[@mbburry4759]

I wonder if you could just make the bulk of the core at lower karot gold

[@A_Watson_]

This is a really well done video. The script and visuals are tight and compelling. Thanks for standing up for the Chinese people by calling out the abject failures of the CCP.

[@user-vj2wt7jh7j]

I noticed that China is selling silver Eagles on eBay. No way would I buy silver from China.

[@sb-si3lf]

As a Chinese born and living in China, it is good to learn from the Western media that we are not allowed to talk about the economy .

[@michaelhowell2326]

Wait a minute, there's no KZbin in China...

[@BrutusAlbion]

@@michaelhowell2326 the guy probably thinks he lives in a free country and that it's actually communist lol

[@sb-si3lf]

@@michaelhowell2326 Is there not? Hmmmmm .

[@invisiblecollege893]

There would be VPN’s though

[@sb-si3lf]

@@invisiblecollege893 Shhhhh don't tell him that, he will start with the "they dont have youtube because communism" theme, like we don't have our own social media networks. Better start learning Chinese Michael, it will be an official language within the next 5 years.

[@333BellaLee]

I would never buy gold from China.

[@marktuyet]

There is so much fake gold and silver here in the USA which came from China. Be careful buying bullion and coins .

[@steveh222]

Never buy ANYTHING from China !!

[@swissherbgirl2917]

I don't even buy their garlic

[@TheLiamis]

It's been in the usa and other global markets for years now. I remember reading about it back in 2019 the massive rise in ccp fake gold everywhere.

[@cliffontheroad]

@@swissherbgirl2917 recently, garlic prod of Peru and Mexico seen in PA. Thank goodness. I hope Mexico isn't being used as a middleman

[@immortaljoe6468]

I can’t believe they would scam their own people…say it ain’t so 😐😂

[@jimflagg4009]

Gold Scamming has been happening for 1000s of years. It is the reason Pascal became famous because he was tasked by the King to determine if the Crown was made of gold or was just gold plated without damaging the crown. This is why there is Gold Trader companies that have reputations for selling only real stuff and are regulated by Weights and Measures. If your country does not have a Weights and Measures regulatory org then you should get one.

[@Max_Ohm]

Bro Chinese people dgaf about themselves or their environment.

[@Max_Ohm]

LOL so many censored comments. KZbin slurping on the fat Chinese shlong

[@tiefblau2780]

LoL It was bound to happened ... Its *SANLU* Cause *SANLU* Effect *Sanlu* , cause and effect

[@trevandtina6323]

Seriously, that's all that happens in China. People mean nothing to the party.

[@isekaiexpress9450]

TLDR: "Gold bad, BRICS bad, dollar good"

[@brunningstave]

“The dollar is so strong”… all credibility went out the window right there lol

[@buckochips2016]

the dollar is so strong that no one wants it 🤡 they're backing their currency with gold cuz it's so weak

[@brunningstave]

@@buckochips2016 exactly. Japan is trying to hold onto the dollar and they’re getting wrecked for it right now.

[@spooderdoggy]

No credibility is not necessarily lost. The dollar is strong as opposed to what? See if the dollar is weak but all the other currencies are weaker than it then the dollar is strong. So, the dollar is strong, but not so comfortably strong that governments around the world would not buy gold. It’s all fiat currency and a race to the bottom. America just now seems better because most other countries currencies are weaker. So, I suggest you buy some gold, but be real, real careful!😆😂😂

[@Blackgriffonphoenixg]

Stay stupid, then. Multiple nation states pegged to the dollar aren't exactly crying.

[@h.mandelene3279]

When housing crashed, the poor vicitims jumped to the sinking ship of buying (fake) gold. Screwing themselves after screwing themselves.

[@shadowbanned6358]

One of the KZbinrs I watch made a comment on how China will be the next world’s super power and I just shook my head. People still don’t know this stuff, so thanks for covering it

[@JohnJaneson]

That is old news, since 2020-2023 there is no more momentum for China to surpass the US anymore.

[@zaiks0105]

Superpower in terms of military? I doubt it. In terms of economy? Nope. In either case, they aren't structured to be one

[@Target-zo7fb]

Last week there was a viral video that circulated in China. This Chinese girl, after visiting Vietnam, literally said China is the center, the rest of the world is just a Chinese district, implying the rest of the world is just an extension of China.

[@bigballa8220]

Who will it be then?

[@kitkat47chrysalis95]

​@@zaiks0105 they already are. homosexuality is banned, pornography is banned of all kinds, drugs are seriously punished if used inside their borders, video games are limited to about 1 hour per day maximum. china is allowed to have right wing values. that is their superpower.

[@ShapeshifterOS]

The USD is not that strong at all. Janet is throwing out bonds like celebratory confetti. We are making trillions of dollars per year at this point. The cost to service our debt is about 1 trillion. We are nearing the point of hyperinflation. The US Government is paving the way for digital currency. The dollar won't be around for much longer. At least not as the world currency.

[@joshuagenes]

If I was Chinese I might invest in neodymium magnets as they are made with rare earth metals and the value in them is directly tied to how strong of a magnet they make. If you have a magnetic field tester ad a scale you can determine it;s value. Magnets can be safely carried around in the loop configuration as the field get trapped in the loop. Trade can happen with small magnets if needed.

[@mantasr]

Society that runs on greed.

[@captives6479]

Yours runs on stupidity and bigotry.

[@lewiskunst1089]

US runs on greed too. That's why it's hard to buy a house 😞🏡 for a middle class family anymore.

[@brassbunnies]

I think “Terrifying” is an overstatement. Debasing currency and/or gold is standard practice for most failing governments.

[@Fossil_Frank]

Yeah, from that title you'd think they're putting depleted uranium there.

[@oscarellis2563]

Im in Australia and can see both the Western corruption and Chinese malpractices however we've had many thoughts about this as we say how Chinese products are cheap so what if they're sending us their cheap products and are producing good quality products for themselves. Btw in Australia we also have our fair share of TOFU buildings 😆

[@benayers8622]

westerns same they just lie n pretend we r 'free'! Imo its actually worse because the west is being sneaky n calling itself democracy

[@jorgemigueltavares6041]

If the Chinese government was in a mad rush to get some common sense, would the people do the same?

[@PeterMasalski93]

Imagine China's Federal Gold Reserves lol

[@JamesTheLamenter]

You mean Iron Ore Reserves ? 😂

[@EroticOnion23]

More gold than USA, America's is just paper IOU's... even if China's fake it's still plated with gold 😂

[@PeterMasalski93]

@@EroticOnion23 I read your past comments, you must be a wu mao.

[@guychocensky3585]

@@EroticOnion23 -- Neither the Chinese Yuan nor USD claim to be backed by gold. But if you can make a choice about which currency you want? Take the dollar.

[@TheLiamis]

99.9% low grade iron.

[@WhiskerBiscuit1]

This is absolutely insane.

[@luislaplume8261]

​@@RandomGuy-lu1enEspecially under Communism. Look at Communist Cuba today.

[@Have.An.AmicoDay]

@@RandomGuy-lu1en Hey, at least they are getting 'metals'!

[@erebos1629]

These Gold Bars are so huge, whoever informed themselves knows that would be crazy Expensive.... Stupid is who stupid does. No "normal" person can afford such a huge real gold bar

[@frank_calvert]

you do realise thinking those who buy them are stupid is exactly what the people selling these think? i dont think its good to be mean to people who have been scammed

[@erebos1629]

​​@@frank_calvert if its a very good scam i agree. 99% of Scams are for stupid people. There are so many reports warning people about scams who falls for them is simply stupid. For the Gold Scam: If i want to invest in anything, i inform myself about that investment. Whoever just buys because "the othere are doing that too" is stupid and deserved it I would feel sorry for them if there were realistic Gold weights. For example 1 Troy ounce and stuff like that. If thats getting faked and Sold by offical sellers you cant detect it that easily

[@user-qj5km1kv7f]

In southeast asia the word chinese is synonymous to fake. We don't say fake product, we say chinese product.

[@teardowndan5364]

Easiest non-destructive thing to check is whether your "gold" is ferromagnetic, gold isn't. Then you can check specific weight by dunking the bar in water to measure displaced volume, that should catch any fakes where the source hasn't bothered to do their homework. Another slightly more technical test to catch fraudsters sophisticated enough to pass those first two tests would be using a micro-ohm meter to measure conductivity from one side of the bar to the other in a few different spots to see whether it is within measurement errors of a pure gold conductor of equivalent cross-section. Simultaneously duplicating the specific weight and uniform conductivity in all directions would require significant engineering effort and the use of expensive materials like silver.

[@sammorrissey9094]

You couldnt do both, Silver is far too light to offset anything reasonable that would be used. Tungsten has almost identical density to Gold so can fool the density tests even when used as the majority of a bar. Obviously this affects the conductivity and even in a sound test would clearly be wrong too

[@Furanku13]

It's China. Majority of the masses don't have general logic of the sciences to be able to tell. More so checking if a gold is real or not.

[@timsteinkamp2245]

So three tests: magnetic, weight/volume test then micro ohm testing. All we need is some numbers to compare to. Sounds like a business for the right entrepreneur.

[@teardowndan5364]

@@sammorrissey9094 one problem with the sound test is that the tone will vary with bar dimensions and this quite a bit more complicated to calculate than conductivity as well as far less documented.

[@teardowndan5364]

@@timsteinkamp2245 the electrical conductivity of gold is 4.11e7 Siemens per meter. Multiply by bar cross section, divide by length, done. The main difficulty is compensating for measurement probe contact area.

[@richardcoughlin8931]

I’m surprised they don’t use lead instead of iron. Iron is not nearly heavy enough to substitute for gold. Plus iron is hard while lead is soft like gold.

[@catberts6499]

Don't give them any ideas

[@slainemccool2875]

I'm guessing lead is more expensive

[@AlessandroRodriguez]

@@slainemccool2875 lead is 2200 USD/Ton while iron is 100 USD/ton

[@richardcoughlin8931]

My comment about lead was off the top of my head. Out of curiosity, I did a little research and found that tungsten is the favored metal used by gold counterfeiters.

[@sexygeek8996]

@@richardcoughlin8931 Tungsten has almost exactly the same density as gold. Lead is significantly lower and iron even lower. Tungsten is very hard and has a very high melting point.

[@zsomborv5976]

De-dollarization is not a farce. It is in fact the only way to save your economy from suffering considerably more than America's will when their empty bubble USD pops. It will pop, because it has no real value. The value it has now is only because other countries were stupid enough to base their currencies on it. An American politician threatened some days ago, that any country which de-dollarizes will be facing heavy sanctions exactly because of this, they know it too, that the moment any country does it, the USD's "value" will drop considerably; plus it will start a wave of others de-dollarizing as well, which would in fact be the end of the USD, and therefore the collapse of the American economy. The last time the USD had any real value was when it was backed by it's gold reserve.

[@TheWatcherxx99]

Financially illiterate antifa/Sov Cit BS

[@akiblue]

This is what happens when you don't pay attention in school and then base all your knowledge on watching conspiracy theories on youtube all day.

[@zsomborv5976]

@@akiblue Believe what you will, historical records say otherwise. Perhaps visiting the library and records archives would do you some good. Not everything in the news and the internet is truth, you know.

[@akiblue]

@zsomborv5976 dude, just repeating back at me what I told you just proves my point, You should have paid attention in school so that you can tell the difference between bullshit and the truth. Economics aren't as simple as your conspiracy theories tell you. If you dont show your sources, studies, and authors, you're just basically pulling things out of your ass.

[@zsomborv5976]

@@akiblueSince you were the one who basically just replied with an insult, indirectly calling me dumb, then only saying, that what I said is false, just like that..., I believe, that it is you who in fact should have shown me proof. You know, so my apparently uneducated self could learn the truth. You come across as the typical troll who disagrees but only speaks in insults and when is treated in kind, responds with more insults while trying to look more intelligent by bemoaning the other's lack of sources provided. History repeats itself, or more accurately, humslanity keeps stepping in the same puddles over and over again, with some deviation now and then. The USA is not the special snowflake it believes itself and makes many people believe it to be.. how could it be when its history is barely a couple centuries compared to some others. While it has great economic strength, that strength is mostly just for show, often hanging on merely by a thread. The Mongol Empire fell, the Roman Empire fell, others before them fell too, historically the core reasons beng pretty much the same. America isn't the only one stepping in the same puddles, older countries do it too. There are some who always consider history as well... America isn't one of them, otherwise it would have backed up its currency into something real, instead of something as immaterial as others' belief. You may reply to this, but I won't. You had squandered your chance to meaningfully debate.

[@makerspace533]

Measuring the specific gravity of a gold bar is simple. All you need is a scale and some water. The specific gravity of gold is 19.3 the only thing that comes close is Tungsten. Even Lead is much lighter at 11.3.

[@heinrichmuller7974]

i always find it kind of ironic that despite its hatred of the u.s, china would, if given the chance, assume america's "role" on the global stage and in all likelihood do a much worse job at it ...

[@cabbytabby]

Didn’t archimedes invent a way to test gold like 2000 years ago? The whole water displacement thing!

[@seanphurley]

Density is relevant when not fully submerged

[@firedrive45]

@@seanphurley yeah but once you have the volume you can just weight it and realize its not gold

[@marklawrence17]

Doesn't work on tungston

[@brj_han]

@@firedrive45 Both tungsten and uranium have the same density as gold. That's why they use tungsten to core gold coins and bars.

[@ChiefBridgeFuser]

​@@brj_hangold is soft an maliable and tungsten is not and brittle.

[@arpangurung4090]

China has become expert in production of counterfeit goods which is not only a great concern for china but for the whole world.And America,europe is responsible for making china manufacturing hub and dependency on china and china used that opportunity to become second largest economy and a threat to America and Europe 👀🤔

[@carlramirez6339]

Back in the 3rd century BC, Archimedes used density to prove the purity (or rather, the fake nature) of his king's gold crown. How come the Chinese are using such complex methods to test their gold instead of just measuring density?

[@auraguard0212]

Communist nations are quite obsessive about gold and silver. @.@

[@GoldenBoy-et6of]

Not true. America's currency was the standard when it was gold and silver backed. Before that gold was the standard , the entire world every single country views gold as the standard which all currencies are compared to

[@The_DC_Kid]

MUCH of those elements are used in electronics, meaning the more they have the fewer electronics other countries can produce.

[@neil03051957]

The Eastern areas never gave up on gold (in favour of USD). THEY STACK as a part of their culture. We have much to learn.

[@t0m_mcc]

British pounds sterling used to be measured against the value of silver but it's no longer. At one point an Australian dollar coin was worth more in its own weight in gold than the dollar itself.

[@monad_tcp]

@@The_DC_Kid the amount used is so minuscule nowadays that it doesn't matter much. what's becoming increasingly rare is the pure water required for the process

[@ishoulduserumble]

This is old news right? IIRC they were filling gold bars with tungsten like 10 years ago (probably even longer)

[@TheLiamis]

Yep. China has been at this for years now. Ebay is packed with it.

[@dead-claudia]

yes. the new news is the gold purchasing rush and the chinese mainstream suddenly needing to learn all of these needed techniques to catch and avoid scams

[@NightmareRex6]

heard the "gold" at fort knox is atualy gold colored titanium, atlest its titanium i guess instead iron?

[@JohnShalamskas]

@@NightmareRex6 That's laughable, Titanium is a very lightweight metal.

[@silvialittlewolf]

I truly love watching you and SerpentZA, even though what you show us is sad and upsetting. I feel so sorry for the people in China!

[@jack1d1XB]

Is it possible to use a small portable Metal detection device to determine if the bar contains metals Not gold?

[@SomeGuy1234X]

Fairly common, most banks are afraid of auditing their supply for this reason.

[@Shinobubu]

mostly because banks don't store gold at all.

[@brett76544]

@@Shinobubu spot on. Hell going into vaults it is all rented space, the real money is in the day vault and only a few thousand dollars. Then the ATM's, but they are stocked by the armored car companies. I've had to call them up and tell them I was going to pull a few thousand in cash and go to estate sales. Gold and silver for pennies on the dollar.

[@Xander1Sheridan]

the gold banks used are extraordinarily safe. They have special vaults with gold they buy directly from refiners. They keep the gold in super high security vaults and it very rarely leaves.

[@Sonny_McMacsson]

How much gold can a flat Earth hold?

[@TheLiamis]

It's been circulating for years now. In 2019 I read about this hitting western markets hard.

[@PandemoniumMeltDown]

Perfect timing, the hoarders can consider themselves "warned", but are known for becoming tunnel vision impaired and aggressively rejecting anything trying to sway them from the glitter in their sight... oh well!

[@LordMullins]

People scamming people, with fake gold is an absolute disgrace! Shame on them!!!

[@NightmareRex6]

nothign new under the sun there was time when was silver and gold coisn with same value and peaople started painting the silver gold.

[@Shawn-mm3oj]

Why do we call them scammers in the west.. but when it’s Chinese scammers it’s the entire country of China… also if your buying gold you should look up a few easy tricks to determine if it’s fake regardless if your buying it in the west or east and from a reputable dealer

[@themacker894]

It's a shame they don't have a Costco in China where people can buy over-priced, real gold bars.

[@derekromero2331]

They were market price weren't they?

[@shondee7864]

Just bought some today Cosco in AB canada. Its legit ,

[@philliplamoureux9489]

Chinese culture does not know simple western history. The story of Archimedes and Eureka! Gold's density is unique. Any other materials added differ. Fill a pitcher with a spout to overflowing full. Put your gold item in and catch the water that overflows in a measuring device. You now have the cubic volume precisely, even if it is a complexly shaped crown. Now weight the item precisely. If it weighs any less than the appropriate weight for that volume of gold, it is adulterated. Only Osmium, Iridium, Platinum, Rhenium, Plutonium, weigh more, each very unlike to be a common adulterant. Tungsten and Uranium are close, so accurate measurements would be needed to determine these two. Otherwise this is a rapid non-destructive test that is super accurate!

[@alistairogilvy7696]

The 'eureka' story of the naked run is apocryphal, I believe..

[@cliffontheroad]

@philliplamoureux9489 Some know how to measure as U did (but thanks 4 sharing.) Some are smart. Some here believe a pound of lead is heaver than a pound of feathers. Those are the loudest voices that believe ALL the crap in the videos and think China will change leadership soon.

[@54han]

@@alistairogilvy7696nope, it was Archimedes

[@alistairogilvy7696]

@54han not saying it wasn't. Just saying the naked dash 'eureka' story is apocryphal.

[@dead-claudia]

tungsten has about the same density as gold btw. other material properties differ, but you can't tell by weight alone.

[@retroxify]

Buying gold from China just seems like the worst financial decision ever.

[@MrTynanDraper]

They are buying gold when gold prices are near an all time high after like 15 years of stagnant pricing. In other words they should have bought any time in tje last 15 years other than now.

[@_S-T-S_]

Or it’s because China and Russia are buying so much gold. It’s upping the price.

[@oldmandoinghighkicksonlyin1368]

When you buy up a huge portion of the worldwide supply, you create scarcity. Scarcity leads to higher prices (demand). There's isn't that much gold that's been harvested from Earth throughout civilization. And there's only a small amount entering the market each year via mining (many of which are owned by China). So buying up the supply will inflate prices.

[@AwesomeFish12]

With the economy crashing it's still more stable than the RMB. Everyone I know who lives in China is investing in gold and silver even though the price is inflated and will inevitably lose half of it's value.

[@CoryPchajek]

It’s FOMO.

[@dead-claudia]

@@AwesomeFish12honestly, if they just bought iron (and not the fake gold that's just cast iron that's polished and then electroplated) it'd still be far safer

[@Holammer]

I bet their gold-pressed Latinum bars contain tap water!

[@Alexander-gt4rc]

Pretty sure that's against the rules of acquisition.

[@RipOffProductionsLLC]

​@@Alexander-gt4rc oh I'm sure the Furrengi have some intricate customs regarding the line between a scam and a customer just not being careful with their money and failing to read between the lines of a contract or marketing, but yeah, this would not end well.

[@lordomacron3719]

@@Alexander-gt4rcyep you can cheat the person as much as you can get away with. But the Latinum itself is Sacred. The FCA likely takes a very serious zero tolerance stance on the counterfeiting of Latinum.

[@seanbissett-powell5916]

@@RipOffProductionsLLC Rule 239, also supported by rules 16 & 17 ;)

[@IloveElsaofArendelle]

Ah, I am amongst cultured people 😊

[@Crayfish-]

The Singers from the Group " Steel Pulse " Sang of people have " Idols of Silver & Gold ! As it been said; " All that Gliters is Not Gold " !

[@stifflerantique9005l]

On eBay, i always check where is the item located at. If China...🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[@edmundblackaddercoc8522]

China: we are buying all the gold The chosen ones:hold our reserves😂

[@RodrigoPalma700]

Poor people... Thanks for sharing.

[@oldmandoinghighkicksonlyin1368]

Oh yes, sympathy for dog meat consumers.

[@JoeWere]

Nobody in china heard of archimedes' heureka story apparently. For those interested: 1 kilogram of gold would displace approximately 0.0517 liters or 51.7 milliliters of water when immersed.

[@again5162]

An ancient Greek king wanted to know if his crown was solid gold, it's not hard to find out using water displacement

[@nr12345]

I dont have simpathy for the chinese citizens who still go out and buy these chinese products and act surprised they got scammed. Its been going on for decades, you do not buy from any random or any chinese metals shop ever. Everytime there is this mad rush people get scammed and yet they keep doing it over and over and somehow surprised again and again that they got scammed.

[@fred101j7]

The dollar isn't strong, it's just stronger than everything else.

[@guychocensky3585]

Exactly, right Fred. The USD is the healthiest nag in the abattoir.

[@inetnomad3521]

Strength is always measured relative to something else. If the USD is strong against everything else, then it is strong. A better thing to say is that it is not as strong as it used to be.

[@GlorifiedGremlin]

​@@inetnomad3521​ He said it himself. The Yuan is in free fall, and yet it's only down 12% since 2022 against the dollar. It should be much more lol

[@balsalmalberto8086]

Yea.. can't buy shit for a $1 in the US

[@lordhoweproductions3733]

Actually the dollar is worth $0.21 more now than it was in 2020. That’s about 1/5 of an increase, the US dollar is doing great, what are you talking about? 🤨

[@SgtFvMC]

There's Cat gold, fine Gold and Temu Gold 🤣🤣

[@markissboi3583]

Acid testing for gold as in gold jewelery buyers test this way

[@goldreverre]

Best test is an X-ray (XRF) machine that gives you an accurate assay of what metals are in it and the percentages. Plus they are non-destructive.

[@brj_han]

Doesn't work if the surface is real gold. They use ultrasound to check to see if a gold bar has been cored.

[@Basement-Science]

also doesnt work if its tungsten since it has basically the same mass

[@inthefade]

Archimedes figured out how to tell if gold is real long ago. There is a famous story about this.

[@Dziaji]

just weigh it and then dunk it in a beaker of water and divide the weight by the displaced volume of water. If it is not damn near EXACTLY 19.3 g/cm3, then don't buy it. If they won't let you dunk it, move along to the next seller.

[@Dziaji]

@@Basement-Science true, but tungsten has more than double the melting point, so it is much more rare to find tungsten fakes, but if anyone can perfect the process cheaply, we know who can.

[@evisceratednation]

The dollar is so strong it's lost 98% of it's purchasing power.

[@ZlPPENHAFT]

i love how "he tells things without any facts" sound more like propaganda or living in unicorn world...

[@ChucksSEADnDEAD]

Relative to when?

[@ziasod]

@@ChucksSEADnDEAD Well beside foreign currencies, literately anything almost. Food, housing any thing based on gas. Some electric cars might have gotten cheaper. bit odd one. Maybe pre covid i guess?

[@infernalsorcery7923]

​@@ChucksSEADnDEAD1960's.

[@infernalsorcery7923]

​@@ziasodYou forget inflation's only real offset is proxy wars and war profiteering in general.

[@evgenim4043]

"Dollar is SO strong that Chinese government is freaking out". Oh, no inflation anymore ?

[@worldlife9834]

VPN's offering little protection. A count order removes any protection from a VPN. You pay for a VPN with a credit card which is a record.

[@GeepeBrow]

A wise man said "A greed will make you lost everything" these Chinese is one of the most example.

[@ineptspecimen2280]

I had a stroke trying to read this

[@fluxpistol3608]

I just lost several brain cells trying to understand this RIP

[@emmanuelhoule8070]

I'm French, let me traduce for you 🤗

[@fluxpistol3608]

@@emmanuelhoule8070 can you translate?

[@emmanuelhoule8070]

@@fluxpistol3608 Only if you let me 🤭

[@holman804]

What did they expect? It's another chinesium scam.

[@1Maklak]

There's usually Tungsten / Wolfram inside. It's density is very similar to gold.

[@levans3447]

I often wonder what they are spraying on all the goods we buy here in U.S.?

[@nikushim6665]

Not limited to China, it a common scam everywhere. The "good" ones use gold plated tungsten because its density is vary close to that of gold making it hard to spot using scales.

[@davidspicer9949]

The Fed and Bank of England sent 400 ounce gold plated tungsten bars to China years ago...the Chinese drilled into them to prove the fraud

[@stormforge68]

Correct.

[@petergray2712]

What a waste of tungsten. A metal that is actually useful.

[@survidmt]

@@petergray2712 Gold has it's valued uses that Tungston just could not substitute and vice versa but I think you may have been being weighed down with the mass and density of the issue vs being literal.

[@petergray2712]

@survidmt Gold is endearing and attractive on the surface, but at its core is useless and frivolous. It is a parasite in metallic form.