Fake Silver Flooding Market - Mike Maloney & James Anderson

If you have followed gold and silver market news over the past few years, it is likely you have seen various reports on fake gold and silver products.

In March 2012, a 1 kilo tungsten gold bar turned up in the United Kingdom.

Then in September 2012 there were reports on a slew of 10 oz tungsten gold bars bought and sold in New York's jewelry district.

The big problem with these news reports is that they have given little to no solution on how the public at large can avoid fake bullion products.

We would like to raise the general awareness of this issue both with our customers, our industry, and the general gold and silver investing public at large. With more than a year of hands on research, we have identified some of the biggest fake silver and gold counterfeit threats facing the investing public today.

This Special Report on the growing threat of fake silver and counterfeit gold products will arm you with solutions on how to best avoid being ripped off by sellers of phony bullion products.

Watch out for Fake Gold and Silver coins from China

Chinese counterfeiters are second to none , they are the world masters in counterfeiting everything on the surface of the earth and of course they do counterfeit Gold and Silver coins and bars too , fake gold and silver coins are big business. and it is getting bigger with the price of the precious metals soaring , Indeed with Spot Silver prices rising the Chinese and others are cranking out millions of fake coins...I mean millions and the fakes are getting so good even advanced dealers and graders are being fooled! Many of these so called replicas "I'd say MOST" are unmarked and are outright dangerous.There a few things that will help you detect that they're fakes . They are even now making fake junk Quarters and Dimes. It's very lucrative for them .There are even better fakes that use 90% Silver, but they are not used on junk coins due to production costs. Only buy higher dollar coins from a reputable dealer, in PCGS, NGC, ICG or ANACS slabs!
NEVER FROM CHINA...Unless you want a few fake specimens, which isn't a bad idea.my role of thumb is avoid anything Made in China and not just for gold and silver



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)