Posted on 07/01/2009 4:51:12 AM PDT by Daffynition
An external audit of the Royal Canadian Mint (RCM) has failed to find millions of dollars' worth of "missing" gold.
Auditors Deloitte were asked in May to investigate a discrepancy between the amount of precious metals on the mint's inventory and in its actual stockpile.
Deloitte concluded that the unaccounted for difference "does not appear to be an accounting error" and identified security as an area for consideration.
The RCM said it was not yet clear whether any gold was actually missing.
"All customer holdings and metal deposits entrusted with the Royal Canadian Mint are secure and have been fully accounted for," it said in a statement.
The RCM provides storage for RCM-branded precious metals, as well as producing coins for Canada and dozens of other countries.
Criminal activity?
Deloitte found that there was a difference of approximately 17,500 troy ounces of gold, or 0.32% of the mint's production in the 2008 fiscal year, that was unaccounted for.
[snip]
(Excerpt) Read more at news.bbc.co.uk ...
How much for the blond?
Kind of heavy too...
What are folks in Canada saying fanfan ... I would think there would be plenty of outrage.
Not really. Like many Americans, too many here keep their heads in the sand. :-(
Some don’t even listen to the MSM.
It’s sad. One day, when the SHTF they’ll ask, “Hope did that happen?” It saddens me.
How poignant.
Heh, they won't know who to blame.
LOL .... I meant to say “How did that happen?” [Argh!]
You are right both ways.
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