[vid1c]

November 02, 2009
e-gold Update: Value Access

As e-gold Users are aware, by agreement with relevant authorities including the U.S. Department of Justice, e-gold has suspended all e-metal Spend activity subject to meeting certain licensing requirements. As a result, e-gold Users have been unable to engage in any transactions, including exchanges, that would require either receiving or making an e-metal Spend from the accounts they control.

We are, however, working diligently to develop a means by which account Owners will be able to access the value in their account. Included in this effort have been intensive discussions with various US Federal and State government authorities, including the Florida Office of Financial Regulation, the state where e-gold’s Operator is located. We hope in the very near future to finalize a Value Access Plan that satisfies the requirements of the Office, at which point we will engage with other jurisdictions where e-gold Owners reside. Subject to the prerequisite discussed below, the Value Access Plan will allow account Users on accounts with Owners residing in jurisdictions in which the Plan is not prohibited or otherwise restricted by law to direct the exchange of value in the e-gold accounts they control for US dollars.

The prerequisite to participation in e-gold’s Value Access Plan is full compliance with e-gold’s Customer Identification Program (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) requirements for the accounts you control. For additional information on this topic, please click here.

Further updates will be announced as they become available via the e-gold blog; therefore, please visit regularly.

Source: http://blog.e-gold.com/

[myhyipmon]

hmm, was hoping something good...

[combos]

this is a good new for those who trade metals. e-gold won't be the same. it will be like a forex or something like that.

[VorloN]

Originally Posted by combos

this is a good new for those who trade metals. e-gold won't be the same. it will be like a forex or something like that.

I think they will be more like GoldMoney (they wish), but there is no way I will use e-gold again lol

[headhunter]

So this dead horse still farts from time to time

I wonder why don't they simply sell their gold to re-fund those who are ready to provide their fingerprints, blood tests etc.

Oh, I see US gov is not going to part with 2 tons of gold grabbed from countless e-gold users.

[LookFwd]

Originally Posted by headhunter

Oh, I see US gov is not going to part with 2 tons of gold grabbed from countless e-gold users.

In times of economic downturn no one will ever part with a few tons of free gold

[Patryn]

Anyone care to take bets regarding their ability to follow through with this?

[combos]

e-gold will require documents as they did it when they placed an account balance limit. it's something normal to require these documents.
e-gold will be used by people who will want to trade metals. the HYIPs won't be able to use it because the HYIPs want only to cheat, not to make a business
i don't think there will be a payment system in the next 2-3 years who will not require documents for its users. a lot of people lost their money in HYIP programs and a CHANGE is a must.
Talkgold should change its "business strategy" and stop accepting advertising for HYIPs. All the bad things for the e-currency industry came from these so called businesses(hyips,ponzi schemes).
Now, peoples don't trust anybody. They are suspicious for any reason and they call scam any business even a good standing one.
you can convince yourself by making a search in this forum.all the payment systems are called scams and all the exchangers are scams. it's a madness which won't bring something good and TG has its responsability. How?
They should educate the members by promoting real businesses, stop accepting HYIPs advertising and by useful information about this industry.

[alertexchanger]

GoldMoney is a good system for those who want to trade gold.

[combos]

you better use a real gold broker than goldmoney. they have the same rules.
kitco.com could be useful