> Only the handful of people on this mailing list will know > about it, but there it is. Not quite, now. Hip spreads fast: :) > Subject: > [e-gold-list] ANNOUNCING the world's first bailed metal derivatives exchange. > Date: > Fri, 29 Jun 2001 16:01:42 -0400 > From: > "R. A. Hettinga" <[EMAIL PROTECTED]> > To: > Digital Bearer Settlement List <[EMAIL PROTECTED]> > > > --- begin forwarded text > > > Date: Fri, 29 Jun 2001 23:57:02 +1000 > To: "e-gold Discussion" <[EMAIL PROTECTED]> > From: [EMAIL PROTECTED] > Subject: [e-gold-list] ANNOUNCING the world's first bailed metal > derivatives exchange. > > ANNOUNCING the world's first bailed metal derivatives/futures exchange. > > > http://www.bamdex.com > > > > In fifteen minutes it is 6/30/2001 -- and that is the 200th birthday > of Frederic Bastiat. > > Bastiat was an very early and very influential LAISSEZ FAIREIST -- > sort of a Thomas Paine of France, intelligent, brilliant, witty and > 200 years ahead of his time, for sure. > > The BAILED METALS DERIVATIVE EXCHANGE -- Bamdex -- is the most > important web site. Why? Without a futures market, a derivatives > market, there is no real trading and no real financial market. > Giants like Honna, "God of the markets" in 16th century Japan who > invented futures trading in the East, knew this. Time is the second > and critical dimension to price. > > As much as e-gold (and the concept of a "bailed metal") is an > incredible breakthrough in the concept of "money" macroshistorically, > the step of making a futures exchange, based on bailed money, is an > obivous and indeed fairly easy one. > > With help from everyone and plenty of tech support from Jay and Jim > at e-gold we've managed to patch together the FIRST REAL-MONEY .. > bailed metal money .. derivatives exchange, and there's still 7 1/2 > minutes until 6/30/2001. > > You can now hedge on the price of gold USING e-gold ITSELF. > > Be a member! You can cross a contract with yourself and nothing bad > will happen (there are no commissions or fees). Take part in > history. Only the handful of people on this mailing list will know > about it, but there it is. > > Dedicated to Frederic Bastiat on his 20th birthday: the Bailed Metals > Derivatives Exchange. Bamdex! A members site. > > > > - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - > > http://www.bamdex.com > > > "At last! You can trade the price of gold using e-gold®. > Instantaneously, easily. Trading in IFGETDs is now available to > e-gold users who are members of bamdex.com. > > " IFGETDs®. . . > Indefinite Future, Gold-Expressed, Thousand Dollar contracts > > "The IFGETD® or "thousand dollar contract" let's you hedge or > speculate on movements in the price of gold, using e-gold. Operation > is as easy as e-gold itself. . .one click. > > "The margin for one IFGETD contract is only 5 grams, allowing members > to control $1000.00 worth of gold. > > "Buy a IFGETD going "up" if you think the price of e-gold is about to > go up. Buy a IFGETD going "down" if you think the price of e-gold is > about to go down. > > "Your position will move up or down with the price of e-gold. If the > price of gold rises so that it takes an extra (say) 1.5 grams to get > USD$1000.00, your "up" contract will grow by 1.5 grams. > > "See all contract activity live -- top right of this page. " > > > - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - > > > > > > --- > You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] > To unsubscribe send a blank email to [EMAIL PROTECTED] > > --- end forwarded text > > > -- > ----------------- > R. A. Hettinga <mailto: [EMAIL PROTECTED]> > The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> > 44 Farquhar Street, Boston, MA 02131 USA > "... however it may deserve respect for its usefulness and antiquity, > [predicting the end of the world] has not been found agreeable to > experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' > --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
