>CCS wrote
> That is, you need to be able to (1) convert e-gold to gold and then (2)
> convert the gold to gg. And you need to be able to (3) convert gg to gold
> and then (4) convert the gold to e-gold. Only if all four of these processes
> are possible are e-gold and gg directly related, equivalent and consequently
> arbitrage possible. Only the first three are possible.
> JP wrote
> But, as you remind me, everyone says it is actually NOT possible to bail
> bars with e-gold, therefore, it is out :o
A lot of people say the Holocaust didn't occur. Just because 'everybody'
says it, doesn't make it so.
Am I the only person who actually reads the legal documentation?
For the zillionth time, I ask... Has anybody actually tried to bail in
gold?
Asking the wrong people, or the right people the wrong questions doesn't
count.
Asking Omnipay to bail gold for you is like asking a Microsoft wholesaler
to install Linux on your computer for you. Omnipay is a
wholesaler/middle-man. Why should any middle man cut their throat by
providing their service for free? This is what would happen if they bailed
in your gold for you. Otherwise they charge a fee which when combined with
the fees involved in acquiring, and shipping, the gold bar would make it
less expensive to just send Omnipay US$115,000 instead of a 400oz. gold
bar. This is using a 4% fee, even GoldFinger Coin will give you a 2.75%
fee for exchanges over $25,000.
Asking JP Morgan Chase, or Transguard, how to bail gold without creating
an account first, and depositing a sufficient amount of US$ (or any other
currency which they accept), is like calling Microsoft Technical Support
and demanding support without ever purchasing a license for the product.
Viking Coder
________________
Worth Two Cents?
http://www.2cw.org/VikingCoder
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