eGold seems to be moving towards a positive direction.

They are slowly putting into place what they have promised they would do to improve the credibility of eGold currencies. They have since recently (19 Sept 2008) enhance their Customer Identification Program and also working with KPMG (One of the Big Four Firms) to improve on their Anti Money Laundering Program.

I guess there are still a lot of work to do on eGold’s behalf.

Now these are great news, especially for me as I am still holding some eGold in my account. This could be a risky opportunity as I mention before but it seems like exchangers seems to have gloomier news than I have currently and they don’t seem to want to share it.

I am concluding this because because exchangers seem to be lowering their selling price for eGold… It makes no sense… with this official news from eGold I would assume that price for eGold would maintained on the ‘wait and see’ stance.

So either it is a good opportunity or these exchangers have much more bad news about eGold then I know… or it could just be a simple demand and supply for this currency…

Hmmm……