China Daily Newspaper
$60 Billion Gold Ponzi Scheme in China
Small news article on the reccent Ponzi Scheme for paper gold investing in China. Incredible as it may seem, there is only one small newspaper story and no TV news features on this topic. The significance is that this fraud is larger than the Bernie Maddoff event and could have a huge psychological effect on precious metals investors in what is rapidly becoming the world's largest gold market.Friday, July 27, 2012
Gold Ponzi Scheme - China!
China Daily Newspaper
$60 Billion Gold Ponzi Scheme in China
Small news article on the reccent Ponzi Scheme for paper gold investing in China. Incredible as it may seem, there is only one small newspaper story and no TV news features on this topic. The significance is that this fraud is larger than the Bernie Maddoff event and could have a huge psychological effect on precious metals investors in what is rapidly becoming the world's largest gold market.