Yep - I can confirm that my October-issued Amex Gold had a chip, but the chip doesn't work in many places. So far, I've only got it to work at the McDonald's by where I work (they have upgraded CHIP machines)...everywhere else, swipe and sign. And sometimes, I've had the 'looping' problem, and I need to use a different card ('looping' - where it asks to insert chip card, then asks to swipe, then asks to insert chip card, then swipe - and so on. Never actually authorizes...), but that isn't even store-dependent...it seems to be card-reader dependent...