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

[Viking Coder]

> On 29 May 2001, at 18:49, Viking Coder wrote:
> 
> > The price the main supplier charges is different than the value of the gg
> > itself, isn't it?
> 
> What I meant is that the quote at Fidelitrade on which they based 
> their selling price is real time, updated each minute. 
> 
> Claude.

Fideltrade is completely free to sell gg for a different price than
GoldMoney quotes as the value for them.

However, the value of the gg is set by GoldMoney. This is the value that
anybody accepting gg should use if they are unwilling, or unable, to deal
directly in gg; not the value of gold on the market exchanges around the
world.


Viking Coder
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http://www.2cw.org/VikingCoder

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