Perth Mint (perthmint.com) has unallocated storage with no agio, but a fee
for re-issuing ownership certificates whenever the amount has to change.
http://perthmint.com/depository/pmcp/product.shtml
I really need to go and visit these guys and see how hard it is set up.
I am however thinking of keeping a couple of bars of lead in my garage, if
anyone wants to invest in lead I will not charge any agio (I doubt anyone
would even think of stealing it) and transaction fees will be small ;)
unfortunately buying lead incures GST but I will bail bars in if you ship
them to me. (1 gram e-gold buys about 9Kg of lead) This is my plan to
turn lead into gold.
cya, Andrew...
> >JP wrote:
> >
> ><<Does anyone have a good term for "e-gold like entities"? What about
> >fungible actual gold, with agio, no encumberances (FAGWANEs).>>
> >
> >What happens to the "agio" part when a system without a storage fee deploys?
> >
>
> Thinking about it, it would be impossible to not charge for storge. (How?)
>
> I guess the storage fees could be incorporated in the spend fee. Or,
> I suppose, it could be supported by advertising?
>
> But, if the gold is truly unencumbered, the operating compnay has to
> be paying storage fees - agio
>
> >Viking referred once or twice to GBC for gold based currency, which is
> >succinct, but perhaps GBPS for gold based payment system would be almost as
> >succinct but sufficiently inclusive.
> >
> >-=Steve=-
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