>Meanwhile, I have another question for you all:
>
>What does it mean that e-gold's circulation has dropped 5 bars since 9/11,




That means that e-gold has become less popular since 9/11.



Any guess as to "why" is purely a guess.  (It is an imponderable, 
like "why is Pepsi less pipular than Coke!")

Here are some totally random guesses off the top of my head:



(*) the Secret Service raid on Parker Bradley has shaken faith in e-gold

(*) GoldMoney, and e-bullion, are taking market share away from e-gold

(*) all the lawsuits with Ian Grigg or whoever are shaking faith in 
e-gold, making people shy away from it in case Ian, say, suddenly 
confiscates all the gold! :)

(*) all the "HYIP" activity has moved to OS-Gold or whatever its called.

(*) it is an irrelevant dip, part of the natural jitter of the graph

(*) it was a "market top" -- e-gold will never again be as big as it was

(*) one large customer happened to withdraw 5 bars

(*) five large customers happened to withdraw 1 bar each

(*) some sort of big con was pulled off, the villains took their 
profits in gold

(*) bars are being converted to GoldMoney bars [only the operators of 
GoldMoney would know if this is true, as, GM does NOT publish how 
many bars they have]

(*) Omnipay had a big "wash" of gold liquidity, and, they have 
decided to reduce it for some reason (or possibly some other very 
large market maker)

(*) people distrust e-gold's infrastructure during war times, and are 
taking out physical bars



Some questions: can anyone analyse the NUMBER OF SPENDS at e-gold and 
see if they are also down in that timeframe?



Note that in times of war people often take gold bars OUT OF SAFE 
DEPOSIT BOXES and literally hold them on their person or in their 
house: gold bars "in safe deposit boxes" are not really the same as 
gold bars "in hand", ditto egold I guess.



>while the price of gold has mostly gone up?
>

(That seems to be a completely unrelated fact, Julian.  The price has 
shot up or down very hard many, many times over the last few years, 
often dwarfing this spike [obvious examples would be the much huger 
spike in summer of this year, or the ultra spike in the middle of 
99], and I saw no particular correlation with e-gold use -- nor can I 
see off the top of my head any reason why there would be?)



>I presume it means at minimum that e-gold is not in fact "gold itself." So
>what exactly is the difference?
>
>Wondering,
>Julian

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
http://capitalismmagazine.com/2001/september/rp_conquer_savages.htm
http://www.objectivistcenter.org/pubs/rb_unilateral_moral_disarmament.asp


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