Welcome to the Mad Web Scientist!
Mike Maloney’s visit to the Annual International Banking Forum proved to be a real eye-opener.
His informal meeting with Moscow-based gold dealer Ivan Zhiznevskiy shows thst something is a-miss with one of the Russian mints that produce gold coins.
The video above shows the presence of flaws and blemishes on the surface of several gold coins produced by the St Petersburg mint, and even more striking is the bank’s response (where the dealer bought the coins):
"You must keep the coins in a protective atmosphere, otherwise they will corrode".
Now, since when did gold start to corrode?
And more than that, since when did gold coins start to change colour.
Unless of course, they’re not pure gold.
But that sort of thing only happens in times of great economic stress, so, no problem, right?
Obviously you get my point.
Whilst other banks might not be so blatant about the fraud that is endemic in the world economies, you will no doubt be aware that we are living in a time of unprecedented wealth transfer.
It’s time to get educated and act: before long, the average middle-income earner will no longer exist. Pure gold or not pure gold.