Viking Coder wrote:
>
> > One Groupe International wrote
> >
> > We are backed by
> >
> > 50% physical gold
> > 50% Gold Certificates
> > 50% Cash
> >
>
> Why bother with a reserve so much more expensive and so much less reliable
> than 100% hard metal?
And how real is it all, anyhow? E-gold has gold bars, physical such as
if you dropped them on your foot you'd break a toe, and with no strings
of any sort attached. How much of osgold's reserves are kept the same
way - physical wholly owned and debt free bars, certificates, and
bundles of paper cash, locked up secure in a safe someplace and used for
*nothing* but reserve?
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