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David Jensen: LBMA warns about gold counterfeiting, but not its own
By David Jensen
JensenDavid.Substack.com
Saturday, July 26, 2025
The London Bullion Market Association is warning us about counterfeit precious metals with this helpful recent article, "The Silent Risk: Counterfeiting in Precious Metals":
https://www.lbma.org.uk/alchemist/issue-117/the-silent-risk-counterfeiting-in-precious-metals
The LBMA's article contains nuggets such as this:
"The consequences of counterfeiting extend far beyond individual losses.
... Dispatch continues below ...
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"At the market level, it introduces artificial supply, distorts pricing, and undermines investor confidence. News of counterfeit bullion in circulation can trigger panic selling, while undetected fakes suppress prices over time by inflating perceived inventory." ...
... For the remainder of the commentary:
https://jensendavid.substack.com/p/the-lbma-warns-us-about-counterfeit
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