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Mint reveals how it lost a fortune in gold. You Believe them ? (Read 111 times)
MINELAB SOVEREIGN USER
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Posted Dec 21, 2009, 02:41:08 PM
A series of miscalculations and blunders in the Royal Canadian Mint gold refinery dating back to 2005 were responsible for 17,500 troy ounces - a system of weights for precious metals - of gold going missing from the mint's Ottawa inventory count last October, the mint announced in a 12-page report.

http://www.windsorstar.com/Mint+reveals+lost+fortune+gold/2367398/story.html

OTTAWA — More than $3 million in government gold was unwittingly sold off at a fraction of its value as refinery slag, while $8 million more was miscounted and never left the Royal Canadian Mint, the Crown corporation revealed Monday in a full accounting of how it lost track of a fortune in gold for a year.

"Half of writing history is hiding the truth"
— Joss Whedon
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Reply To This Topic #1 Posted Dec 21, 2009, 02:51:27 PM
All kinda neat and tidy, isn't it?

 Wink

"I'm not a scientist, but I am a thinker, and if every problem that comes down the pike has the same solution: more taxes, more regulation, and less individual liberty, I begin to think that someone's got an agenda that may not be in my best interest."
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Reply To This Topic #2 Posted Dec 22, 2009, 06:22:54 AM
No problem. Happens to the best of us. (cough, cough)

What's a few million in gold here or there. Honest mistake.   laughing7

My question is who is getting fired over this?  Anybody?   dontknow


Tags: mint reveals how lost fortune gold. you believe them 
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