U.S. Mint Buys Drug Cartel Gold and Sells It as 'American'

AngryData

Of course it does. Gold has been used for currency since forever in large part because it is easy to hide its source. A simple melt in a pot will erase every bit of history and political baggage from a piece of gold. Any large institutions dealing with gold are knowingly trading in the global black market with large criminal organizations and corrupt governments.

duxup

Gift link: https://www.nytimes.com/2026/04/26/world/americas/us-mint-go...

msuniverse2026

Wish I understood what was going on with the gold price. Shit goes gangbusters when nothing is happening, and when straits are closed and countries invaded it goes down.

lvl155

Gold has been a vehicle for cartels for a very long time. It’s shifted to crypto in recent years but gold is still the cleanest (and most economical) way to clean money.

pwg

And entire article to say: "gold is fungible".

johnea

"The founding principles of our country": He who has the gold makes the rules...