> > "The only one who is currently an "ether gold" is OSGold."
> > 
> > If they are not 100% backed, then I fully agree with you, but where is the
> > evidence.  It seems to me that we just don't know what OSGold is since they
> > have not disclosed it.  
> 
> They have. They made a proud, high-faluting claim of being 150% backed.
> Then they described what they actually meant when they said 150% backed;
> 50% paper fiat cash, 50% paper gold certificates, 50% gold. Which means
> they aren't 100% backed by hard gold.

More to the point: they have no way to redeem anything.  Without
redemption "backing" is utterly meaningless.

CCS 


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