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News & Current Events Apr 27, 2026 at 3:37 AM

US Mint gold source tied to criminal networks in Colombia: NYT

Posted by Neradtisiv


US Mint gold source tied to criminal networks in Colombia: NYT
MINING.COM
US Mint gold source tied to criminal networks in Colombia: NYT
An NYT investigation finds that illegally mined gold in Colombia is laundered through intermediaries and make its way into formal gold markets.

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BiBoFieTo 1 day ago +569
Concern was raised when it was noticed that most of the US mint gold reserve was men's gold necklaces.
569
Meromero73 1 day ago +116
Nothing but old no limit records medallions and gold ropes from 80s.
116
JelliedHam 1 day ago +44
That just made me say Uhhhhhh
44
Hobermikersmith 1 day ago +22
Na na na na
22
AMileHighDM 20 hr ago +2
My father was a no limit soldier from 97-2002, those chains and medallions are for the brave men and women who can make you say UHHHHHH
2
008Zulu 1 day ago +21
And a few brooches, cuff links, and teeth.
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droans 1 day ago +17
I saw some of the gold coins had "MS-13" tattooed on them in black Times New Roman size 12 font.
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Tone-Bomahawk 22 hr ago +2
Mr. T, how could you?
2
TacTurtle 20 hr ago +1
But how else are they supposed to know when to stop shaving?
1
MercantileReptile 1 day ago +202
>n some cases, that gold made its way into the supply chain of the US Mint, which under federal law must use America-mined gold for its investor-grade coins. Other than the generally interesting fact of organised crime dealing in Gold, what exactly is the news here? "Criminal government continues to ignore words on paper" has been the status quo for a good while now.
202
Celtic_Legend 1 day ago +36
Yeah the article phrases this stuff as so so bad and didnt even answer the question in most people's mind: "why does the usa have to use US mines gold and what are the consequences for Americans if it doesn't?" It just assumes we know these things. It also didnt even tell us how they found out this gold is from Colombia. I think this question is at least answerd in the referenced NYT paywalled article but would have been nice for the article to summarize.
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sgzk 1 day ago +35
It actually references a shorter, not very informative “how we investigated” article, but if they had linked the actual investigative piece it does say why “ Congress in 1985 prohibited the Mint from making bullion out of foreign gold because it wanted to insulate the process from human rights abuses, primarily in apartheid South Africa. The Mint has flouted that law, across Democratic and Republican administrations, despite internal warnings.” https://www.nytimes.com/2026/04/26/world/americas/us-mint-gold-drug-cartel-colombia.html (Still pay walled)
35
Economy-League2198 17 hr ago +1
What if we don't even have efficient gold mines left in the US as a result of the various gold rushes. Could make it make sense but I'm just spit balling. I'd hardly call this much of a scandal though.
1
NoTeslaForMe 1 day ago +10
Key part: the domestic gold requirement "has not been enforced for more than 20 years, according to a 2024 federal watchdog report.  That year, roughly $1.5 billion of Colombia’s $4.1 billion gold exports ended up in the US." A lot of people are going to blame the current administration for something that happened back when the idea of "President Trump" was just a joke on the Simpsons, something the watchdog discussed - and the reporter started investigating - during Biden's time. 
10
ogrizzled 1 day ago +37
Rope-a-dope dookies all around the neck
37
InvestmentPatient117 1 day ago +12
Woo- haaa
12
grathontolarsdatarod 1 day ago +33
Well now it comes from Venezuela
33
waill-and-roll 1 day ago +11
"Rogue state involved in crime"
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Different_Victory_89 1 day ago +4
Does this mean Fort Knox really is empty?!
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TheGreatPornholio123 1 day ago -1
Nah, it means we got caught stealing some bars out of Colombia's stash.
-1
Lopsided-Engine-7456 17 hr ago +1
It doesn’t mean that at all. Unless you lack reading or logic skills beyond first grade.
1
SXLF 1 day ago +3
Because of course it is
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JiveChicken00 1 day ago
It’s fairly well-established that organized crime syndicates often work together.
0
Educational-Milk-666 1 day ago +1
No wayyyyy
1
brainfreeze3 1 day ago -16
this just in, Gold source also confirmed to be tied to voodoo curse sacrifice 1000 years ago
-16
rockmasterflex 1 day ago +8
If you believe in curses then you must also believe in some form of karma, but clearly that’s not real as all the bad guys are always winning and die happy, wealthy, and fat of old age. Heretofore: curses can’t be real either
8
Ambitious_Wolf_3116 1 day ago +4
Why? The two aren't related, at all. Not to mention this mainstream idea of karma being some sort of payback system is not how it works. The definition of karma is the same across all systems that it's a part of, in india at least, and that's not the definition in any of them. Also practically we don't see all the bad guys that **aren't** winning and wealthy and dying happy. In the criminal world, only like 5-10% or so get to retire voluntarily with their money. Rest get jailed in a couple years/six months or die horrible deaths. But we don't know about them, coz why would we? So that's just survivorship bias to say all bad guys are winning. Like this post is about columbia, so even look at all the more famous cartel leaders. All of them ended up in jail or shot. You could just as easily look at that and say all bad guys are losing.
4
Ok-Agent-6721 1 day ago +2
No man you don't get it. He said "heretofore," so he must be smarter than you.
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TheBoraxKid1trblz 19 hr ago
The US government is a criminal network
0
kingcakeaholic 1 day ago -33
Bitcoin is for criminals. See the issue? Bitcoin is just math.
-33
Ambitious_Wolf_3116 1 day ago +9
So is cash and gold. Should we ban cash and gold? Btw few people use btc anymore, too easily traceable. Career criminals moved on to monero years ago.
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Entire-Shower-655 1 day ago +1
In my country, cryptocurrency is most used by tren de aragua and other latinoamerican criminal gangs hahaha
1
kingcakeaholic 23 hr ago +1
In my country, dollars are far more commonly used by straight up criminals.
1
tiffambrose 1 day ago -3
Can we just end protectionism?
-3
[deleted] 1 day ago -47
[removed]
-47
MooseTots 1 day ago +10
What do you mean by this Sir BrandonianBranflakes
10
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