A lot this stuff ends up on Alibabaand duping consumers into thinking they have the real thing.īring your Bullion into Global Bullion for FREE testing! Susan Headly recently published an article on the topic, shedding light on the fact that a lot of fake bullion comes from illegal Chinese operations. Buying counterfeit bullion is one of these risks. While gold is a lot more stable of an investment than a random ETF, it is still liable to some minor risks. So what's all this about the fake Royal Canadian Mint Gold Bar? According to Stu Mills at the CBC, a fake gold bar was purchased not so long ago from the Royal Bank of Canada. Expecting to see how many millions they accrued, it turns out the stock has gone from $5/share to bankruptcy.īut most of us gold owners don't often ask how to test if a gold bar is real?įile that under ‘Amateur Investment Mistakes’. They waited around for a year before checking the stock. A friend of a friend tried investing $1000 in a penny stock because they thought it would make them millions. We’ve all heard stock market sob stories.
