Sage Investment Club

Perth Mint sold diluted gold to China, got caught, and tried to cover it up

The historic Perth Mint is facing a potential $9 billion recall of gold bars after selling diluted or “doped” bullion to China and then covering it up, according to a leaked internal report.Key points:The mint started “doping” its gold as a cost-saving measureWhen it got caught for some of its gold dipping below Shanghai Gold Exchange […]