Mils Clad Gold Fraud

Hundreds of mils clad "gold" bars and rounds are for sale on Internet auction sites, social media platforms and other online outlets. Many prominently feature the terms .999 fine gold or 24 karat gold.

This video explains just how little precious metal is in a gold-clad bar and how consumers pay exorbitant prices for scantily clad collector bars. At the time of this video, a one ounce .999 fine mils clad gold bar can be purchased from overseas wholesalers for $2.50. Ask yourself, how much pure gold you can purchase for $2.50?