Kitco Hit With Massive Tax Fraud Allegations

``Revenu Quebec has initiated a massive series of searches and seizures in the Montreal area, alleging that companies and individuals in the gold refining and trading industry engaged in widespread tax fraud on transactions worth $1.8-billion.... Addressing the allegations directly, Kitco says it is being held "unjustly" responsible for the actions of its suppliers.'' -- Let's hope the employer of the illustrious, always-bearish-on-precious-metals Jon Nadler gets out of this unscathed. Ahem.