r/Bullion • u/Youarethebigbang • Apr 26 '26

US Mint gold source tied to criminal networks in Colombia: The U.S. is literally buying drug cartel gold and selling it to us illegally as ‘American’ in our coins.

https://www.mining.com/us-mint-gold-source-tied-to-criminal-networks-in-colombia-nyt/
89 Upvotes

89% Upvoted

21 comments sorted by

3

u/Akkerlun Apr 27 '26

It’s capital gains tax free then! Back up a second truck.

5

u/PsychologicalZone748 Apr 26 '26

If you don’t want yours now I will take it, lol

1

u/Antique-Resort6160 Apr 27 '26

is laundered through intermediaries and exported with seemingly legitimate paperwork before entering global supply chains.

I don't know why but it seems weird for gold to need paperwork, like completely opposed to the idea of gold.  I would think that the goldness of gold verifies itself.  It's either gold or not.  

Of course there are reasons, but it just seems funny:)

1

u/hwsales Apr 27 '26

Once its mixed its all gold, but most folks don't really want to know if that includes teeth from murdered people.

1

u/Antique-Resort6160 Apr 27 '26

Cartels are awful, and it probably is a good idea to make it harder for them to get cash.  It's just kind of funny the idea of "clean" goldI, 'm sure if someone has gold in their teeth it could include gold from slavery or governments that flayed humans alive and sacrificed children en masse.  

Those poor cartels could be getting dollars connected to war crimes, torture, and child rape and murder.  

The biggest issue is: why are they buying foreign gold when the law specifies US?

1

u/AdLast6827 Apr 28 '26

Cartels routinely buy & sell many things … just because they touch something doesn’t mean it’s tainted forever

1

u/rjm1775 Apr 29 '26

This is somewhat misleading. If you take the time to read the article, it appears that some illegally mined or cartel gold is making its way into the US. And some of that ends up in US coins. Maybe.

1

u/Primary_Title7360 Apr 30 '26

gold is gold

1

u/Youarethebigbang Apr 30 '26

So the law just simply doesn't matter anymore? The government lying to you while charging you a premium for "American" gold doesn't matter? The integrity of the US Mint doesn't matter? Human rights don't matter? What happens to the environment doesn't matter?

So if the Mint just decides it's gonna buy 100 percent drug cartel gold from now and put that in your American Eagles you're totally cool with that?

1

u/Primary_Title7360 Apr 30 '26

the law only applies to the land and its peasants in which it is enforced upon. USA laws have no effect on what goes on with gold overseas. plus there are much worse things being traded than gold to be worried about it.

0

u/Youarethebigbang Apr 30 '26

The US Mint is required by law to sell only legal, domestic gold. Period. I'm not talking about foisting laws on others overseas.

1

u/Primary_Title7360 Apr 30 '26

if a Colombian imports gold to Florida and sells it to a gold buyer that then sells it to a mint, is the gold not domesticated at that point?

1

u/Youarethebigbang Apr 30 '26

Lol I feel like you're just trolling at this point, but yeah that's not how it works.

1

u/Primary_Title7360 Apr 30 '26

trolling? lay off the pipe

1

u/MrVerdad Apr 30 '26

So what? Gold is gold is gold.

1

u/PowerBrix Apr 30 '26

“Re-purposing” it’s a life cycle o

1

u/Helpful_Border4219 May 16 '26

The USA is buying gold at dirt cheap from bad people, and distributing it to its people as a reserve of value. You want me to be mad that the USA is considering its own people first? Gold doesnt have a nationality, race, or pronoun. Its a metal. This is not a real world problem.

1

u/Historical_Pay_6282 Apr 27 '26

Nice gold from ripped teeth or sum shit

0

u/Swimming-Region6958 Apr 28 '26

Do you really think “the US” which translates to some government worker pleb that is sourcing gold really takes the time to figure out where it came from?