London Gold Exchange Permanently Closed!

[Paul Revered]

London Gold Exchange Permanently Closed!

activistpost.com — An announcement was made on their website claiming "Due to operational difficulties the London Gold Exchange is permanently closed for business." No further explanation was given for the "operational difficulties," nor has there been any indication as to if and how their 100,000 members will be affected. Could this be a sign of things to come? In related news, France bans cash sales of gold and silver over $600. 4 hr 43 min ago

http://digg.com/news/business/london_gold_exchange_permanently_closed_2



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


http://www.londongoldexchange.com/maintenance/

[willwash]

Creepy...

[Rael]

I always knew digital currency was a harebrained idea...

[TonySutton]

http://www.zerohedge.com/news/about-london-gold-exchange

[flightlesskiwi]

http://www.zerohedge.com/news/about-london-gold-exchange

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.

[Paul Revered]

Thanks for the info, Tony, and Flight.