Lee Duna@lemmy.nz to Damn, that's interesting!@lemmy.mlEnglish · 10 months agoTo circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.lemmy.nzimagemessage-square28fedilinkarrow-up1190arrow-down13file-text
arrow-up1187arrow-down1imageTo circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.lemmy.nzLee Duna@lemmy.nz to Damn, that's interesting!@lemmy.mlEnglish · 10 months agomessage-square28fedilinkfile-text
Context : https://www.theguardian.com/world/2023/jun/12/gold-bars-used-to-lure-chinese-homebuyers-amid-market-slowdown
minus-squareKerblinkfedilinkarrow-up33·10 months agoyou 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
minus-squareRaxiel@lemmy.worldlinkfedilinkarrow-up12·10 months agoI’d love something like that as a paperweight or door stop. Or to sit next to my trillion dollar coin
minus-squarePolandIsAStateOfMind@lemmy.mllinkfedilinkarrow-up2arrow-down5·10 months agoI see you are prepared for the next Great Crisis.
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.