As already explained, we back each currency Standard Gold and Standard
Dollars with a one-for-one backing. If this changes we will create
additional products where customers choose whether they want an account that
has a different ratio and therefore a potential for risk but at the same
time potential for earning some 'interest'.
1 Standard Gold Gram = backing of 1 E-Gold Gram.
ej
++
-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of
[EMAIL PROTECTED]
Sent: Thursday, March 15, 2001 9:33 PM
To: e-gold Discussion
Subject: [e-gold-list] RE: Standard Reserve Gold - question
So, what percentage is maintained in reserve to back the currency?
(Or, do you not give out that information.) (Which would be
perfectly reasonable .. banks don't!)
>The liability level is from our point of view as issuer. This is the level
>of customer digital accounts. The asset level is the value that is
>maintained on behalf of the customer by the Trustees.
>
>ej
>++
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