[e-gold-list] Re: arbitrage -- goldGrams

[C. Cormier - Ormetal Inc.]

On 28 May 2001, at 21:48, Craig Spencer wrote:

> It does you no monetary good that the prices differ (no matter how fast
> you can buy and sell) unless there is a way you can convert gg to e-gold 
> and back.

Craig,

Well if you have everything in place, you can sell e-gold and obtain 
CAD or USD at a price X and immediately turn around and buy gg  
at a price of Y with thos some CAD or USD. You end up with a 
different wuantity of grams. Isn't it arbitrage ?

Claude
Claude

http://www.goldcurrencies.ca
http://www.ormetal.com
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