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- - Counterfeit Kruggerand!! on Kitco... (http://goldismoney.info/forums/showthread.php?t=228018)

Raccoon | 01-25-2008 06:26 PM
Counterfeit Kruggerand!! on Kitco... It has sometimes been suggested that Kitco is quite negative towards increasing PM prices because their main customers are jewelry producers who don't like the jewelry demand to be affected by increasing PM prices. Some have also suggested that there are anti-PM plants active on the Kitco forum. Now there is an entertaining thread there, Counterfeit Krugerrand!!!, which starts with a quite unlikely anti gold story involving a fake Krugerrand made out of nazi gold !:D. The story is then shot down by some writers who question the real agenda of the writer, followed by an army off anti PM shills who voice supportive " this information very interesting" statements. Edit: I think that the Kitco site is pretty good, but there is indeed a surprisingly large number of anti PM writers there.

Krugerrand | 01-25-2008 06:51 PM
Re: Counterfeit Kruggerand!! on Kitco... Got a link? If the supposed story were true, I don't think I'd care whether a Krug were made from Nazi gold or gold just dug up in South Africa... if it's gold and passes my Fisch detector, I'm happy. :bear_tongue:

AuNuggets | 01-25-2008 07:34 PM
Re: Counterfeit Kruggerand!! on Kitco... I just read that thread over on KITCO. If it ever happened at all, I would say it came out of the mouth of some blow-hard dealer trying to look intelligent. You can look at the edges of most any stack of Krugerrands, and visually see slight differences in their edge thickness. Nothing new there. Some people just like to talk when they don't have anything worth saying. :thumpdown

RaccoonRiverRadical | 01-25-2008 08:57 PM
Re: Counterfeit Kruggerand!! on Kitco... Quote:
Originally Posted by Krugerrand (Post 937024) Got a link? If the supposed story were true, I don't think I'd care whether a Krug were made from Nazi gold or gold just dug up in South Africa... if it's gold and passes my Fisch detector, I'm happy. :bear_tongue:
Nazi gold would definitely have numismatic value.

RaccoonRiverRadical | 01-25-2008 09:11 PM
Re: Counterfeit Kruggerand!! on Kitco... Quote:
Originally Posted by Dick (Post 937172) To who? A Nazi?
Both national socialists and people who collect WW II artifacts or both.

Gcubed | 01-25-2008 09:21 PM
Re: Counterfeit Kruggerand!! on Kitco... The "bad silver" thread I saw was a joke. If I were in the position of APMEX, I would refund his purchase price on the returned metal and never do business with that party again. Quote:
Originally Posted by Dick (Post 937120) I think everyone has noticed that lately. Threads about bad silver and what not. Makes one think that they should not buy any precious metal! Think that is the plan?

Gcubed | 01-25-2008 09:36 PM
Re: Counterfeit Kruggerand!! on Kitco... I am sure it will, and the Euro, the Pound, the Swiss Franc, the Yen, the Rand... Quote:
Originally Posted by Dick (Post 937208) I think it had its intended purpose. Long live the Federal Reserve Note.

AuNuggets | 01-26-2008 02:08 PM
Re: Counterfeit Kruggerand!! on Kitco... Looks like the vast majority of the posts in that Counterfeit Krugerrand thread are from members who have been involved in the forum (and apparently gold too) since all the way back in October-December of 2007. Geeez, what a massive pool of experience ! The original poster of the fake story has a total of NINE posts ? Take a box of Kleenex with you........all kinds of punk snot flying over there. :no_ma:

Antonio | 01-26-2008 02:14 PM
Re: Counterfeit Kruggerand!! on Kitco... Is there such a chemical element as Nazi gold?How about Nazi iron which was used to make Nazi guns?

TomD | 01-26-2008 03:42 PM
Re: Counterfeit Kruggerand!! on Kitco... 1 Attachment(s) There is a German knife maker that makes custom knives with beautifully patterned Damascus blades made from chopped up German tank canon barrels.

Got Goldies | 01-26-2008 03:43 PM
Re: Counterfeit Kruggerand!! on Kitco... Quote:
Originally Posted by Raccoon (Post 936989) It has sometimes been suggested that Kitco is quite negative towards increasing PM prices because their main customers are jewelry producers who don't like the jewelry demand to be affected by increasing PM prices. Some have also suggested that there are anti-PM plants active on the Kitco forum. Now there is an entertaining thread there, Counterfeit Krugerrand!!!, which starts with a quite unlikely anti gold story involving a fake Krugerrand made out of nazi gold !:D. The story is then shot down by some writers who question the real agenda of the writer, followed by an army off anti PM shills who voice supportive " this information very interesting" statements. Edit: I think that the Kitco site is pretty good, but there is indeed a surprisingly large number of anti PM writers there.
You cant bet there is people working 24/7 to badmouth Gold and Silver. They have been there since 2001 when I showed up. Then the forum got regulated and now Cajus can ban the pro Gold types when they need a dive. Very interesting set up over there. When they want a dive, you'll see topics like counterfeit Gold, Gold is just a commodity like an apple, Technical shows nose dive, overbought, Dollar rebound, etc. Quite prolific.

Antonio | 01-26-2008 10:06 PM
Re: Counterfeit Kruggerand!! on Kitco... I`m aware of what is called Nazi gold.There are 2 types of gold,newly mined and old gold.All old gold has been scrapped and recycled countless times and there is no way to ascertain its origin.There is no test available for Nazi gold.

Raccoon | 01-27-2008 04:16 AM
Re: Counterfeit Kruggerand!! on Kitco... It is astonishing to see how increasing the contrast of the picture and resizing it changes the gold rings it shows into dental fillings....

elroy | 01-27-2008 11:03 AM
Re: Counterfeit Kruggerand!! on Kitco... I read an article many years ago regarding "Nazi gold". The gist of the article was that some swiss francs were found to have higher than normal mercury levels. Supposedly because the Swiss had acquired gold from the Nazis that came from dental fillings. However this has been disputed by Swiss officials and historians but who knows. This article admits that Nazi gold is now present in much of the worlds gold supply as the Allies had the gold smelted after the war. see page 10 http://www.blocher.ch/en/artikel/970621eizenstat.pdf

AuNuggets | 01-27-2008 11:33 AM
Re: Counterfeit Kruggerand!! on Kitco... Technically, wouldn't this stuff be "Jewish" gold, since it was STOLEN from them in the first place ?

Atahualpa | 01-27-2008 11:55 AM
Re: Counterfeit Kruggerand!! on Kitco... Quote:
Originally Posted by AuNuggets (Post 938817) Technically, wouldn't this stuff be "Jewish" gold, since it was STOLEN from them in the first place ?
Also technically, couldn't it be "Incan Gold", since Europe was flooded with the stolen loot in the first place?

RaccoonRiverRadical | 01-27-2008 12:07 PM
Re: Counterfeit Kruggerand!! on Kitco... The Nazis were anti gold standard I do believe which makes sense considering the Treaty of Versailles "stole" all of theirs in the form of reparations.

AuNuggets | 01-27-2008 01:29 PM
Re: Counterfeit Kruggerand!! on Kitco... Quote:
Originally Posted by Atahualpa (Post 938838) Also technically, couldn't it be "Incan Gold", since Europe was flooded with the stolen loot in the first place?
Good point !

Awoke | 01-30-2008 11:03 AM
Re: Counterfeit Kruggerand!! on Kitco... Quote:
Originally Posted by Raccoon (Post 938608) It is astonishing to see how increasing the contrast of the picture and resizing it changes the gold rings it shows into dental fillings....
Hahaha! Astonishing indeed! I noticed that too. You'd have a hard time chewing with teeth like that!

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