U.S. Mint buys drug cartel gold and sells it as ‘American’



Monday, April 27, 2026- The United States Mint is under scrutiny after a report revealed that gold linked to Latin American drug cartels may have entered its supply chain and been sold as officially sourced American bullion. 

The findings raise serious concerns about how illicitly mined and trafficked gold is refined, certified, and ultimately integrated into global markets.

Investigations suggest that gold extracted in regions controlled by criminal networks is often funneled through intermediaries and refineries before reaching legitimate buyers. 

Once processed and documented, its origins can become nearly impossible to trace, allowing it to enter formal systems like those supplying the Mint. Critics say this exposes weaknesses in oversight and due diligence across international gold sourcing.

The revelations are likely to intensify calls for tighter regulations and transparency in the precious metals industry, particularly around sourcing standards and supply chain verification. 

Lawmakers and watchdog groups are now pushing for reforms to ensure that government-backed products are not inadvertently tied to criminal operations, as pressure builds for accountability and stronger safeguards.

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