Posted on 09/27/2011 10:30:39 AM PDT by JohnKinAK
Due to operational difficulties the London Gold Exchange is permanently closed for business.
Thanks to all of our members.
London Gold Exchange International Digital Currency Trader
26/09/2011
Ummm. That can’t be good...
Is that what they’re calling fraud these days? “Operational Difficulties”?
Perhaps a significant development??
Ping...
BBC Speechless As Trader Tells Truth: “The Collapse Is Coming...And Goldman Rules The World”
http://www.youtube.com/watch?v=lqN3amj6AcE&feature=share
http://en.m.wikipedia.org/wiki/London_Gold_Exchange
The London Gold Exchange bought and sold digital currencies. Not sure gold was involved.
Please check in, pretty please?
Ya think?
The London exchange is far, far busier than the Comex.
I think it is (well, WAS) the largest gold exchange on the planet.
I think the name is a bit confusing. Gold is traded on the London Metals Exchange, which remains open for business. I’m not sure what these guys do, but I’ve heard it’s a pretty limited business.
“Perhaps a significant development?”
Not at all
They know the whole house of cards is fixing to collapse, and they are clearing themselves of what will be basically worthless paper soon - and I am including all currencies in that statement. When it collapses it will bring down every nation.
Gold can’t be printed ... Is there none left to sell in London?
Digital currencies, NOT gold
I will certainly keep an eye on this story. It could be just a case of plain old fraud though and not economic collapse there are plenty of rumors that people were sell gold they didn’t have or didn’t exist and when the buyers tried to take psychical possession the schemes broke down.
That utube is just priceless!!
It was up on ZeroHedge all day yesterday as well.
What happened to that guy?
I tthink the way it is shakin out is that SOMEBODY BIG CAN’T GET PHYSICAL!
About That “London Gold Exchange”...
Submitted by Tyler Durden on 09/26/2011 14:05 -0400
We are only putting this up because we have been flooded with emails about an event which for some reason readers believe is relevant. The event in question is that according to its website, the London Gold Exchange (”LGE” or the “Joke”) has closed.
The one thing we would like to say about this is that the LGE is nether an exchange, nor does it trade gold. And, judging by its Wikipedia page, is probably not based in London but in Hong Kong.
But yes, if one is concerned about such “currencies” as bitcoin and other digital “currencies”, this may be news...And now, carry on.
http://www.zerohedge.com/news/about-london-gold-exchange
Last I heard he was banned, early this year.
Maybe he can come back, seeing other banned members, who were banned for more than five months, are back now.
Shame that...
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