At 02:32 PM +1000 07/26/2001, [EMAIL PROTECTED] wrote:
>Notice
>http://www.lbma.org.uk/gd_rules_goldspecs.html
>
>lgd bars go at 0.025 of an ounce accuracy.
>
>that's almost a gram, about $6 !
>
>e-gold goes down, what FOUR OR FIVE more decimal places than that!
>

Hi JP.

Hopefully others have explained why this doesn't really matter. I'm
constrained regarding what I feel free to discuss here, but suffice it
to say that these concerns were addressed years ago. Also, of all
people, I'm not the person you'd want to go to for a bar! :^) Other
than that, I can't say much.
...

>The major problem is, what is the amount of physical gold e-gold owns?
>
>State it.  What is it?
>...

(Actually, I'd say the customers own, and e-gold Ltd. just stores, but...)
I'm sure that there will be audits explaining this better than I could, and
they're the appropriate/believable ones to reveal this, not me IMO. I'm
personally confident that the figures stated are conservative, but I want
the third party audit to say that, not me. Thanks.
JMR


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