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Old 07-02-2020, 09:34 PM
neiowa neiowa is online now
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Quote:
Originally Posted by HomeDefense View Post
There is no integrity in China. It's not considered a good business practice.

I worked with manufacturers in China in the late 1980s and early 1990s. I've been there several times.

No trade secrets are sacred in China. There is a saying that if you tell a manufacturer a trade secret in the morning, everyone in that industry in China will know it by the afternoon. The only way US companies can control the Chinese is to have their own representatives working in the Chinese facilities. That's why we had 40,000 Americans in China when the pandemic started.
.....
True words Their "values"/integrity is to rape the roundeyes. Olympic sport. Has been the standard for China for millenia. Not Chinese, any race, you count for NOTHING.
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Old 07-02-2020, 09:36 PM
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Originally Posted by Central Scrutinizer View Post
We have helped the Chinese all along to get to that point. Technology transfer from the 80's, universities courting Chinese students, US manufacturers moving production to China for cheap labor. Consumers demanding increasingly cheaper products, We have only our selves to blame.
....
Typically, you're off with your calendar. The big game started with your idol Billy Bob Klinton. More prog rewrite of history.

Bush did little to slow it down. Obumer loved the chicoms and shifted it into high.
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Old 07-03-2020, 08:22 AM
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not sure of division between China government and industry.

a few years ago I got a bunch of counterfeit silver dollars at a swap shop. looked like Chinese dollars circa early 20th century. something like ten for three dollars.
I internet searched and first thing that popped up was 'do you mean FAKE Chinese Silver Dollars?'
they stuck to a magnet. real silver dollars of course don't do that.

anybody, even overseas, that made counterfeit US currency would be hunted down. of course the Chinese government back then isn't the same as today's.

Last edited by Sailorsam; 07-03-2020 at 08:24 AM.. Reason: add content
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Old 07-05-2020, 12:40 PM
xstuntman xstuntman is offline
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With the increase in gold price it will only get worse which is why I'm now buying silver only and in junk 90% form. I don't imagine they are faking Kennedy's, Franklin's or Roosevelt's yet.
Let me stress the yet part and as the price of silver physical goes up, anything's on the table.
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Old 07-05-2020, 01:18 PM
fistfulladirt fistfulladirt is offline
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Quote:
Originally Posted by xstuntman View Post
With the increase in gold price it will only get worse which is why I'm now buying silver only and in junk 90% form. I don't imagine they are faking Kennedy's, Franklin's or Roosevelt's yet.
Let me stress the yet part and as the price of silver physical goes up, anything's on the table.
I wish that were the case. There are fine repops of every coin you can think of. I’m too lazy to link all but here’s one:

https://www.alibaba.com/product-deta...6c6b5e12LjqUV4

They can sell them with “copy” inscribed, or not. Junk silver, ASE’s, commems...everything. Some of us collect these repros and even the cast examples are hard to tell from real.

Ok, another
https://www.alibaba.com/product-deta...10c63dddNePTaN

These have been avail for years now. Everything.

Even high dollar slabs/labels are being repopped and can fool some dealers.
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Old 07-06-2020, 10:17 AM
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caveat empor

more important than ever to buy from a reputable dealer

IIRC in WWII the krauts tried counterfeiting Brit money to mess with their economy. inevitably some nation with decent tech resources (Iran, China) will start counterfeiting dollars in quantity.
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Old 07-06-2020, 11:32 AM
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I believe Iran already has. When the Shah was in power the US sent them some of the intaglio presses that we make our money on.
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Old 07-06-2020, 12:43 PM
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My friend wanted me to build for her a colloidal silver generator, and i began by using some silver she had bought on line; turned out junk not silver at all.
I ended up using my own bullion silver to make the silver rods.
Buying any precious metal is a gamble from any one for any price.
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Old 07-06-2020, 06:46 PM
fistfulladirt fistfulladirt is offline
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Just roll hunt and pull silver dimes or halves.
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Old 07-06-2020, 06:47 PM
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Quote:
Originally Posted by Sailorsam View Post
caveat empor

more important than ever to buy from a reputable dealer

IIRC in WWII the krauts tried counterfeiting Brit money to mess with their economy. inevitably some nation with decent tech resources (Iran, China) will start counterfeiting dollars in quantity.
Counterfeits make it past dealers.
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Old 07-07-2020, 04:10 AM
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Quote:
Originally Posted by txprep View Post
For those of you who hate govt regulation, china is what business looks like without regulation. It is the wild west with people doing whatever they can get away with. How many corners can you cut to save a penny, until the system breaks.

US regulation didnt just come out of nowhere, businesses in the US operated the same way until the govt forced regulation on them to improve quality and safety.
China has more regulation than the USA. They are just only for the protection of the Chinese government not the people and certainly not Americans.
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