ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Nov 06 11:56

How This Couple Earns Six Figures Per Year Organic Farming On 1.5 Acres of Land

Can small-scale farming in the modern age really generate enough income for the average family to make an honest living? For Jean-Martin Fortier and his wife, Maude-Hélène Desroches, it does. The Canadian couple grows beets, broccoli, salad greens, carrots, and various other types of produce on their modest 1.5 acres of land, from which they generate an average of at least $140,000 per year in sales – not too shabby!...

Nov 06 11:46

Tony Podesta Lobbied For Russia’s ‘Uranium One’ And Did Not File As A Foreign Agent

Tony Podesta’s lobbying firm, the Podesta Group, represented the Russian-owned company Uranium One during former President Barack Obama’s administration and did not register under the Foreign Agents Registration Act, The Daily Caller News Foundation has determined.

Podesta collected lobbying fees of $180,000 from Uranium One, according to the non-partisan Center for Responsive Politics, that discloses lobbying documents filed with Congress. The uranium company states on its web site it is a “wholly owned subsidiary” of RUSANO, the Russian State Corporation for Nuclear Energy.

Special Counsel Robert Mueller already is scrutinizing Podesta and his firm for allegedly failing to register as a lobbyist for the European Center for a Modern Ukraine, a Ukrainian government entity. His role there is tied up with former Trump campaign chairman Paul Manafort who was indicted on 12 counts on Oct. 30, including the failure to register under the Foreign Agents Registration

Webmaster's Commentary: 

Drip...Drip...Drip...

Nov 06 11:33

Trump begins 12-day Visit to Asia to Build War Coalition against North Korea

Donald Trump, accompanied by a coterie of minders and corporate executives, departed yesterday for a 12-day tour of what US foreign policy strategists now officially designate as the “Indo-Pacific.”

This will be one of the longest official trips to Asia ever undertaken by an American president, and its objectives are clear. In the short-term, Washington is seeking to stiffen the backbone of its allies for a catastrophic and potentially nuclear war against North Korea. In the longer term, US imperialism is seeking to maintain its waning global dominance by exerting military and economic pressure on China in order to undermine, and ultimately shatter, its growing influence.

Webmaster's Commentary: 

This coming war with North Korea will horrific, if war is chosen as the method of "pacifying" North Korea away from its nuclear stance.

And living on a first-strike target here on Oahu which China can hit, because all military comms run through here eastward, does make Mike and me very nervous!!

Nov 06 10:15

US Strikes China With 'Double-Edged Sword' in Aluminum Foil Dumping Dispute

The US decision to increase antidumping duties on Chinese aluminum foil is an attempt to assure voters that Trump hasn't forgotten his promises to be tough on Chinese imports; however, imposing higher tariffs on Chinese goods is a "double-edged sword," Alexander Larin of the Russian Academy of Sciences' Institute of the Far East told Sputnik.

Nov 06 10:00

PBOC's Zhou Warns Of "Sudden, Complex, Hidden, Contagious, Hazardous" Risks In Global Markets

Just two weeks after warning of the potential for an imminent 'Minsky Moment', Chinese central bank governor Zhou Xiaochuan has penned a lengthy article on The PBOC's website that warns ominously of latent risks accumulating, including some that are "hidden, complex, sudden, contagious and hazardous," even as the overall health of the financial system appears good.

Nov 06 10:00

Yen Tumbles On Trump, Kuroda Comments As Japan Comes Back From Long Weekend

Amid President Trump's visit, Abe's calls for more sanction and general militarization, the Japanese came back from their long weekend and decided it was time to panic-sell JPY in favor of the dollar the open. The yen slumped as much as 0.6% moments ago to an 8-month low against the dollar...

Nov 06 10:00

Matt Taibbi Exposes The Great College Loan Swindle

How universities, banks and the government turned student debt into America's next financial black hole...

Nov 06 09:59

Paradise Papers leak reveals secrets of the world elite's hidden wealth

The world’s biggest businesses, heads of state and global figures in politics, entertainment and sport who have sheltered their wealth in secretive tax havens are being revealed this week in a major new investigation into Britain’s offshore empires.

The details come from a leak of 13.4m files that expose the global environments in which tax abuses can thrive – and the complex and seemingly artificial ways the wealthiest corporations can legally protect their wealth.

The material, which has come from two offshore service providers and the company registries of 19 tax havens, was obtained by the German newspaper Süddeutsche Zeitung and shared by the International Consortium of Investigative Journalists with partners including the Guardian, the BBC and the New York Times.

The project has been called the Paradise Papers.

Webmaster's Commentary: 

I love the reeking odor of financial hipocrisy in the morning, where the elite and monied believe it is perfectly fine for themselves and their peers to be doing this, but heavens, these offshore accounts cannot be used by ordinary citizens to do this kind of wealth protection at all!!

Nov 06 09:59

Oil Jumps To $56, Highest Since July 2015 On Saudi Turmoil, Venezuela Default

With the launch of electronic trading, WTI crude has jumped from the highest close since July 2015 amid Saudi turmoil which over the weekend included a crackdown on 11 Saudi princes - including billionaire Alwaleed - and dozens of current and former ministers as Saudi Crown Prince Mohammed bin Salman, i.e. MbS, who’s backed policy of capping oil output to raise prices, consolidates power with anti-graft probe, and shortly after a helicopter that carried 8 high-ranking Saudi officials inexplicably crashed near the Yemen border.

Adding to the upside pressure are concerns about Venezuela's viability, following Friday's default-cum-restructuring confusion, which sent PDVSA bonds crashing on the realization that the long-deferred sovereign default may finally be inevitable.

Nov 06 09:50

German Investors Now World’s Largest Gold Buyers

India and China often grab the headlines as the world’s largest buyers of gold. In 2016 this was not the case.

When measured on a per capita basis it is Germany that takes the impressive crown of largest gold buyer in 2016, all thanks to their investment market. Last year the country set a new personal best, ploughing as much as £6.8bn ($8 bn) into gold coins, bars and exchange-traded commodities (ETCs).

This is impressive considering that back in 2008 the amount of gold purchased by Germans barely registered outside of the country. A new World Gold Council report records that ‘average demand between 1995 and 2007 was a modest 17 tonnes’. In some of those years they weren’t even net-buyers.

Nov 06 09:49

THINGS COULDN’T BE BETTER – RIGHT?

The cognitive dissonance is strong, as average Americans want to believe what their “leaders” are telling them to believe, but their personal financial situation contradicts the narrative. Even using the highly manipulated data peddled by the BLS, any critical thinking individual can see through the lies, misinformation and bullshit.

Nov 06 09:39

The United States Is Melting Down Under Extreme Corruption

Every single elected official at the Federal level, and at most State levels, is a paid servant of big banks, corporations and wealthy families/individuals. Obtaining a House or Senate seat is worth $10’s of millions. Getting into the Oval Office is worth $100’s of millions. For those you who still harbor disillusions of Obama’s integrity, recall that he campaigned aggressively on a platform in 2008 that promoted “cleaning up Wall Street” as a high priority. Not only did he not clean anything up, he enabled the same fraudulent business activities that sunk the financial system in 2008 to become even more grand in scale and stealth. Now he’s greedily pocketing $1 million speaking engagement with the banks he bailed out in 2008 with $800 billion in taxpayer funds.

Nov 06 08:38

The Economic End Game Continues

Nov 05 18:18

Saudi-Led Coalition Has Closed All Yemen's Land, Sea and Air Ports

According to a statement from the state-run Saudi Press Agency, the missile out of Yemen that targeted Riyadh has been called "a direct military aggresion" by Iran against Sauid Arabia, that "could rise to be considered an act of war." In response, the Saudi-led coalition has closed all Yemen's land, sea and air ports after missile targeted Riyadh.

Nov 05 11:35

The Federal Reserve Strikes Again!

Nov 05 10:03

Controversial Jean-Talon Starbucks Shuts Down

The Jean-Talon Market Starbucks store that thousands of people petitioned against has closed its doors.

Back in 2015, plans for a Starbucks on the corner of Casgrain and Jean-Talon aggravated Little Italy residents. A petition was launched, garnering over 9,000 signatures against the Seattle coffee giant’s planned location, calling it “a threat to the Little Italy landscape”.

Citizens behind the petition argued that the arrival of such a chain ran contrary to the mission of the large market, operated by Montreal’s public market authority (MPM).

Nov 05 08:49

Bill Bonner on Bitcoin: Better than gold?

Nov 05 08:18

Crude Oil Backwardation

Nov 04 14:33

Let's Clear Up One Confusion About Bitcoin

Nov 04 14:12

Where Have All Our Workers Gone?

Nov 04 13:50

Bitcoin Surges Past $10,000 In Zimbabwe

Nov 04 10:20

The World’s Favorite Stock Is Doomed

Nov 04 08:30

Russia to Build an Iran-India Gas Pipeline, Empire Loses Again

Moscow and Tehran are about to sign a memorandum of understanding to back a new gas pipeline project, according to Russian Energy Minister Aleksandr Novak.

The countries will build a 1,200-kilometer long pipeline from Iran to India with the Russian energy major Gazprom developing several Iranian deposits along the route of the future pipeline.

Nov 03 18:33

The Greatest Fear Today: The Lack Of Fear

Nov 03 18:14

Bullish Fund Assets On A Stampede

Nov 03 14:23

Gerald Celente Warns Of 2018 Recession: “We’ve Never Seen One Like This Before” - Mac Slavo

Trend forecaster Gerald Celente, who warned investors of the collapse of 2008 just weeks before the markets buckled, has issued a new recession warning for 2018 in his latest interview with Greg Hunter of USA Watchdog. But this time, says Celente, it’s going to be a different kind of scenario:

All the investment is at the top… and the top is the one that’s going to fall… and when they fall, the bottom will feel it but more psychologically than in their pocket… be cause it’s the “Bigs” that are going to fall…

Nov 03 14:21

Iran Urges Russia To Ditch The Dollar, Isolate America

Iran has suggested isolating the US by ditching the dollar during a meeting yesterday with Russian President Vladimir Putin in Tehran.

Remonstrating against US threats to impose new sanctions and cancel the nuclear agreement, Ayatollah Ali Khamenei branded the US an enemy and urged Moscow to completely sever ties with the US currency:

"By ignoring the negative propaganda of the enemies, that seek to weaken relations between countries, we can nullify US sanctions, using methods such as eliminating the dollar and replacing it with national currencies in transactions between two or more parties; thus, isolate the Americans.”
As The Express reports, Putin met Iranian political leaders in an effort to nurture a warming relationship strengthened since Donald Trump recently threatened to abandon the international nuclear deal with Iran reached in 2015.

Webmaster's Commentary: 

By one-handedly decertifying the P5+1 deal, President Trump is pushing Iran into the arms of Russia, at every level possible.

Nov 03 14:16

Record 95.4 Million Americans Are No Longer In The Labor Force As 968,000 Exit In One Month

In what was otherwise a mediocre jobs report, in which the establishment survey reported that a lower than expected 261K jobs were added to the post-Hurricane economy, the biggest surprise was not in the Establishment survey, but the household, where the unemployment rate tumbled once more, sliding to a new cycle low of 4.1%, for all the wrong reasons, because a quick look at the participation rate metrics showed that in October there was a sharp decline, with the labor force part. rate sliding from 63.1% to 62.7%, back to 4 decade lows...

Nov 03 14:10

US Launches First Airstrike Against ISIS Fighters In Somalia

The Pentagon’s gradually escalating combat mission in Somalia reached another important milestone Friday - one of many that have occurred since the inauguration of President Donald Trump - when the military revealed that it had carried out the first airstrikes against Islamic State-linked fighters in Somalia.

The news comes as ISIS forces in Syria were driven out of their last remaining patch of territory as Syrian Army forces retook the eastern city of Deir Ezzor, inspiring even anti-Assad pundits to marvel at the Army’s advance against seemingly insurmountable odds.

A US official told the Associated Press the strikes were carried out in northeastern Somalia, with the first around midnight local time and the second later in the morning. The official was not authorized to discuss the mission publicly so spoke on condition of anonymity.

Webmaster's Commentary: 

The US government is in Somalia for the same reasons it is occupying large swathes of real estate in so many other countries; to regime change the government toward a US/Western-centric stance; to expropriate natural resources to which the US government has absolutely no moral right; and to insure that those resources are sold only in US dollars, and to countries of which we approve.

No real surprise here.

Nov 03 14:04

6 CRAZY things Walmart does to stay union-free

Nov 03 13:32

A Currency War Will Escalate as China’s ‘Petro-Yuan’ Is Set to Challenge the U.S. Military-Backed ‘Petro-Dollar’

One quote that always crosses my mind regarding the decline of the U.S. dollar and the state of geopolitics associated with it, is by Gerald Celente, founder of the Trends Research Institute who said that “When all else fails, they take you to war.”

As the U.S. dollar continues to lose its status as the world’s premiere reserve currency, the reality of a world war seems inevitable, especially when major countries such as China, Russia and Iran are making strategic moves to bypass the U.S. dollar in favor of other currencies such as China’s ‘Petro-Yuan’. China has made the decision to price oil in their own currency the “Yuan” by a new gold-backed futures contract which will change the dynamics of the world’s economy. China is preparing to launch the petro-Yuan later this year that will eventually threaten the U.S. dollar as the world’s reserve currency.

Webmaster's Commentary: 

What Karl Marx said about all wars being economic in origin seems to cast a profound shadow on this country 21st century, with so many countries on the US government's and military's "hit list", in terms of regime changing them, and forcing them back to using the US petrodollar.

Nov 03 13:02

Defense Department: The War On Terror Has Cost $250 Million A Day For 16 Years

American taxpayers have spent $1.46 trillion on wars abroad since September 11, 2001.

The Department of Defense periodically releases a “cost of war” report. The newly released version, obtained by the Federation of American Scientists Secrecy News blog, covers the time from the September 11th terrorist attacks through mid-2017.

The Afghanistan War from 2001 to 2014 and Iraq War from 2003 to 2011 account for the bulk of expenses: more than $1.3 trillion. The continuing presence in Afghanistan and aerial anti-ISIS operations in Iraq and Syria since 2014 have cost a combined $120 billion.

Webmaster's Commentary: 

This is an utterly insanely astronomical number!!!

Nov 03 09:53

BREXIT BOMBSHELL: Germany's EU bill to soar as Merkel counts cost of life without UK

A bombshell report has revealed Angela Merkel’s nation will have to increase funding to around a third - from €15 billion in 2015 to around €20 billion once the UK leaves.

Nov 03 09:46

Record 95.4 Million Americans Are No Longer In The Labor Force As 968,000 Exit In One Month

There was something troubling in the October jobs report: the number of people exiting the labor force soared by a near record 968,000 in October, sending the total number not in the labor force to a record 95.385 million.

Nov 03 08:20

How the DPRK riddle is freaking out the US establishment

China and Russia to provide US option to resolve DPRK.

Asia-Pacific is where the real action is – geopolitically and geoeconomically.

The 19th Party Congress has made it very clear that “socialism with Chinese characteristics” – as codified by President Xi Jinping – is China’s road map ahead.

Nov 03 07:14

Get Ready for the “Crack-Up Boom”

Nov 03 06:56

Fitbit health alert: You appear to be bleeding

Fitbit's year-on-year losses grew fivefold to $113.4m compared to a year ago, with sales of 3.6 million devices in the quarter, 7 per cent up from the previous quarter. The firm admitted it had been a "difficult year" as the fitness band craze diminished, with sales down considerably compared to the same period of 2016.

Nov 03 03:14

“Remember To Come Back In November”

Nov 03 01:23

DoD: Cost of War Post-9/11 Exceeds $1.4 Trillion

The Department of Defense has spent more than $1.46 trillion for direct war-related costs since September 11, 2001, according to the latest Pentagon tabulation of war costs obtained by Secrecy News.

The 74-page DoD report provides extensive and detailed reporting on war-related appropriations and expenditures. See Cost of War Update as of June 30, 2017. https://fas.org/man/eprint/cow/201706.pdf

Some previous iterations of the cost of war report can be found here. https://fas.org/man/eprint/cow/index.html

The current total includes $83 billion in classified spending, the new DoD report https://fas.org/man/eprint/cow/201706.pdf <?small> said. But it does not include “non-DoD classified programs” such as those conducted by the Central Intelligence Agency.

Nov 02 16:11

World on a KNIFE EDGE: Iran asks Vladimir Putin to ELIMINATE US dollar and isolate America

IRAN’S supreme leader has urged Russian president Vladimir Putin to join forces with Tehran to beat the United States’ sanctions against them by ditching the dollar.

Ayatollah Ali Khamenei branded the US an enemy and urged Moscow to completely sever ties with the US currency.

Mr Khamenei said: "By ignoring the negative propaganda of the enemies, that seek to weaken relations between countries, we can nullify US sanctions, using methods such as eliminating the dollar and replacing it with national currencies in transactions between two or more parties; thus, isolate the Americans.”

Nov 02 15:29

Millennial Men Choose Video Games Over Jobs

Nov 02 12:51

Invest In Gold To Defend Against Bail-ins

Nov 02 12:27

Is Stock Rally Getting Too Thin?

Nov 02 10:19

How the DPRK riddle is freaking out the US establishment

The 19th Party Congress has made it very clear that “socialism with Chinese characteristics” – as codified by President Xi Jinping – is China’s road map ahead. Not only the strategy graphically eschews those much-lauded “Western values”; it will, in Xi’s own words, offer “a new option for other countries and nations who want to speed up their development while preserving their independence.”

Xinhua even dared to venture, “the 21st century is likely to see capitalism lose its appeal while the socialist movement, led by China, rapidly catches up”.

To say this won’t go down very well in the West, especially in the US, may be the understatement of the century – even considering that the Chinese system is more like “neoliberalism with Chinese characteristics.”

Nov 02 10:13

What's Driving Social Discord: Russian Social Media Meddling Or Soaring Wealth/Power Inequality?

Core to this narrative is the view that the elites and technocrats have engaged in a massive, coordinated official/media propaganda campaign of fake news aimed at persuading the bottom 95% that their prosperity and financial security are expanding when the reality is they have lost ground they will never be able to recover.

This propaganda campaign includes official (i.e. gamed/distorted) statistics such as unemployment and inflation, a reliance on the manipulated stock market to "signal widespread prosperity" and a steady drumbeat of corporate media coverage promoting the Boris and Natasha Narrative as the primary source of all our troubles.

The reality the elites must mask is that the few (the elites) have benefited at the expense of the many. The rising tide of financialization, globalization and neofeudal-neocolonial neoliberalism has not raised all boats; the yachts have floated higher while the rowboats have either sunk or are leaking badly.

Nov 02 10:12

"This Is Absolutely Crazy": Obamacare Signups Start As Americans Increasingly Balk At Surging Premiums

After years of surging premiums and deductibles, will 2018 finally be the year that America's middle class throws in the towel and brings the whole scheme crashing down?

While we won't know the answer to that question for at least a couple of months, one thing is certain...if it happens it will most definitely be the result of the Trump administration's efforts to undermine the legislation and not the culmination of years of soaring costs that has rendered healthcare unaffordable for most American families. Well, at least that's the The Wall Street Journal's assessment of the situation:

Nov 02 09:13

Ayatollah Khamenei suggests elimination of US Dollar in Iran-Russia economic transaction

Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei on Wednesday suggested that Iran and Russia can use national currencies as a way to confront economic sanctions imposed by the US against Tehran and Moscow.

Nov 02 07:37

Why Medieval Cats Approved of the Plague

From the 12th century onward there were two distinct attitudes to cats. For many people the cat population operated as important rodent-controllers, and every so often a cat would go beyond being a mere working animal and become a welcome pet inside the house. Working cats and house cats were always popular, but now a negative attitude began to run alongside the friendly one. For some people, the cat was now seen as an evil animal, in league with the Devil. For them, the cat needed to be persecuted if Satan and his followers were to be defeated.

In the following century Pope Gregory IX added his voice to the campaign against the evil cat. He was intent on stamping out a sect of Devil-worshippers in Germany who involved black cats in their rituals.
Webmaster addition: This is what allowed the rats whose fleas carryied the Black Plague to run rampant across Europe.

Nov 02 07:06

ISRAELI COMPANIES IN TALKS TO INVEST IN SAUDI ARABIA’S “SMART CITY”

Several Israeli companies are in talks with the Public Investment Fund of Saudi Arabia about business opportunities in the Kingdom’s new “smart city”, according to documents obtained by the Jerusalem Post.

The Israeli daily claims to have seen correspondence confirming economic cooperation between Arab diplomats and businessmen in Tel Aviv; Israeli firms will reportedly be competing under the table for billion-dollar contracts from the Saudi government.

“The Saudis are not so willing to cooperate with the Israelis formally, but … it’s much easier to create all kinds of cooperation on water, energy, ag-tech, food tech. This is the stuff that the prince of Saudi Arabia [Mohammed Bin Salman] wants to promote in the smart city,” said a source in Israeli venture capital who is familiar with the project.

Webmaster's Commentary: 

Looks as though there will be a lot of money to be made in this Smart City concept.

Nov 02 02:34

Petro-yuan vs. Petrodollar

Nov 01 19:13

The ‘Death of Retail’ rolls on…

Nov 01 14:24

McCain Says “We Must Fight Crackpot Conspiracy Theories” Despite Promoting The Biggest One: A New World Order

By Aaron Kesel

Senator John McCain (R-Arizona) urged fighting “crackpot conspiracy theories” during a speech on Monday night despite for years being one of those people who pushes one of those theories: the creation of a world government, or a New World Order.

“We have to fight against propaganda and crackpot conspiracy theories. We have to fight isolationism, protectionism and nativism. We have to defeat those who would worsen our divisions,” McCain said at the Brigade of Midshipmen at the United States Naval Academy in Annapolis, Md., The Hill reported...

Nov 01 11:22

Cost of US Nuclear Arsenal Rehaul Continues to Surge, Now Estimated at $1.2 Trillion

For years, US officials have been talking up the importance of a massive rehaul of the American nuclear weapons arsenal, insisting it is necessary despite the substantial expense. Analysts have long warned the estimated costs were underrated.

Every time the Congressional Budget Office (CBO) looks into the matter, they come up with an even higher estimated cost than the last time. The latest report to Congress has put the overall cost at in excess of $1.2 trillion over 30 years.

The CBO was unusually frank about this cost, saying it is “unlikely to be affordable” without military cuts elsewhere. Since the US is fighting multiple wars constantly, cuts in military spending tend not to happen.

Webmaster's Commentary: 

As long as we have one homeless Vet, sleeping rough in our streets; our infrastructure crumbling; and our alleged education system producing consistently sub-standard results, this program is way to expensive at any cost!!

Nov 01 10:54

Why does Catalonia want to quit Spain? It’s the economy, stupid

Catalans blame Madrid for their economic malaise. But the real culprits are in Brussels, Frankfurt, and Berlin. This disconnect is poised to fuel more regional separatism in Europe.

Nov 01 10:53

Russia & China to extend currency swap agreement to lessen dollar dependence

Economic cooperation between Russia and China has been actively developing according to Russian Deputy Prime Minister Sergei Prikhodko. He says the sides are working to prolong the bilateral currency swap agreement.

Webmaster's Commentary: 

"You can't DO that!!!" -- Official White Horse Souse

Nov 01 10:36

Caught On Video: This Is All That's Left Of Sears Canada

On October 11, we reported that the now defunct Sears Canada announced plans to liquidate its remaining 150 stores instead of restructuring, the latest admission of brick and mortar defeat in the war with Amazon, with the result some 12,000 job losses in the coming weeks. The Canadian version of Sears is the latest victim of department-store decline that’s swept North America as shoppers gravitate online. While the retailer has dabbled in pop-up stores and e-commerce, its distribution centers aren’t as automated as Amazon.com Inc. or even Canadian peer Hudson’s Bay Co., which last year opened its own robotic facility to accelerate online orders.

Nov 01 10:22

Smallest home in Los Angeles:  264 square foot studio selling for $550,000 highlights collective insanity.

People have once again lost their collective marbles when it comes to real estate. There is now a massive trend with momentum for non-stop housing appreciation. In other words, our housing bubble sins are now fully washed away making way for more aggressive risk taking. I’ve been traveling and seeing real estate from many different locations and thanks to ubiquitous sites like Zillow, virtually every large metro area is seeing massive housing appreciation detached from income growth and people are tracking real estate down like starving hyenas after an injured wildebeest. We are now in a market where potential buyers are in a panic to buy for no other reason beyond they feel they will miss the boat yet again. Today we highlight what is probably the smallest home we have ever featured on the site.

Nov 01 10:17

Fake gold not ours, mint says

"Counterfeiting of Royal Canadian Mint products is extremely rare and this is an isolated case," the statement continued. "We take suspicion of counterfeit seriously and work with law enforcement to support their investigations."

Webmaster's Commentary: 

The claim that this is an isolated case is nonsense. If indeed the packaging is not from the mint, then someone went to a great deal of trouble to counterfeit not only the gold wafer but the packaging. Nobody does that for just one or two fake items, but thousands.

Nov 01 09:43

I Suppose I'm Just Being An Alarmist!

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