Jump to content
DOSBODS
  • Welcome to DOSBODS

     

    DOSBODS is free of any advertising.

    Ads are annoying, and - increasingly - advertising companies limit free speech online. DOSBODS Forums are completely free to use. Please create a free account to be able to access all the features of the DOSBODS community. It only takes 20 seconds!

     

The Chinese really aren’t helping themselves


Recommended Posts

https://www.google.co.uk/amp/s/amp.scmp.com/business/companies/article/3091185/kingold-jewelry-secures-usus-28-billion-loans-gold-plated-copper

Luckin Coffee, now this.

I don’t understand how you can list a business on the US stock exchanges without having to follow their audit rules.

 

Also, I didn’t know you can check gold authenticity with ultrasound. That’s pretty cool. 

Link to post
Share on other sites
8 minutes ago, sam1994 said:

https://www.google.co.uk/amp/s/amp.scmp.com/business/companies/article/3091185/kingold-jewelry-secures-usus-28-billion-loans-gold-plated-copper

Luckin Coffee, now this.

I don’t understand how you can list a business on the US stock exchanges without having to follow their audit rules.

 

Also, I didn’t know you can check gold authenticity with ultrasound. That’s pretty cool. 

Surely gold is more than twice as dense as copper so weighs more per cubic centimetre. 

Edited by Virgil Caine
Link to post
Share on other sites
9 minutes ago, sam1994 said:

https://www.google.co.uk/amp/s/amp.scmp.com/business/companies/article/3091185/kingold-jewelry-secures-usus-28-billion-loans-gold-plated-copper

Luckin Coffee, now this.

I don’t understand how you can list a business on the US stock exchanges without having to follow their audit rules.

 

Also, I didn’t know you can check gold authenticity with ultrasound. That’s pretty cool. 

Don’t the Chinese actualy shoot people for stunts like this 

Link to post
Share on other sites
Posted (edited)
3 minutes ago, Virgil Caine said:

Gold plated copper is not going to fool anyone with a decent set of scales. Tungsten would be a different matter.

Tungsten is the trick apparently..

But looks like insurers were also in on the scam. 

This is a country that put some metal in their breast milk to make the calcium content look higher which killed a lot of babies. Edit: I’m wrong about metal and calcium https://en.m.wikipedia.org/wiki/2008_Chinese_milk_scandal

Edited by sam1994
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...