Shari'a Gold Timeline

79Au19779Au197 Posts: 4,047 Gold ✭✭✭✭✭
@KatyMillington @JacHumphrey @Melanie

I have been getting barraged lately by emails from the usual suspects, one of which includes …

"On December 31, 2016, the floodgates could open for 1.6 billion "gold bugs"…32 central banks…and 112 billionaires.

I'm talking about a new gold standard for Islamic law."


Yet I can find no independent confirmation at the World Gold Council site (http://www.gold.com) with regard to an official date.

It has also been acknowledged on this site that Goldmoney is working aggressively to make sure it is compliant. So without further ado …

Is there any truth to the December 31, 2016 date? … or does it merely go into effect in 2017?

Any additional info you can share on the progress Goldmoney is making on this?

Thanks o:)

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