Well…possibly, “hopefully”, “in the not-too-distant future”, maybe even “in September or October”. This according to a Bloomberg.com article quoting a member of the U.S. Commodity Futures Trading Commission here.
I recently sat down to review the ‘prepaid access’ issue and look for any new developments. Here are a few notes on what I found…
Perhaps thanks to the LIBOR scandal, gold market manipulation is beginning to look less like a crazy conspiracy theory and more like reality.
The Vietnamese government recently enacted Decree No 24, which essentially shuts down small gold shops and creates a state monopoly where only state-appointed organizations are allowed to trade gold.
The Canadian Mint is working on an interesting project called MintChip, described on their web site as “the evolution of currency”.
It seems that PayPal has changed its terms and now wants to monitor merchants online content to prevent sharing of “illegal content”.
As I have been keeping a close eye on currency news while waiting for the launch of the new blog, I’ve ran across several interesting stories out of Europe.