: I note for the record that : Simon "Sidd" Davis has an automated exchange at : Metal-Escrow which he seems to preferentially : set to convert his GoldMoney to e-gold. This : rate setting behavior suggests that e-gold may : carry a small premium to GoldMoney.
Thanks for the mention Jim... Mostly it is a result of supply and demand pressures... we have frequent large exchanges from GoldMoney to e-gold, and very few small exchanges from e-gold to GoldMoney. The GoldMoney wholesalers will only pay a percent or 2 below spot for GoldMoney so to ensure we don't get overwhelmed with large volumes of low value GoldMoney, that is very difficult to dispose of, we encourage people to exchange their e-gold for GoldMoney, and to not exchange their GoldMoney for e-gold. To illustrate how difficult it is to sell GoldMoney, we recently advertised on this list that we were selling GoldMoney for spot +0.5%. This is an incredibly low price, and as yet we have not had one order for GoldMoney. In comparison, we can easily sell all the e-gold we get at rates of spot +3.75% or more. https://online.kitco.com/sellprice/selling.html http://goldmoney.com/ GoldMoney spot price $10.58 Kitco GoldMoney sell price $10.79 (2% above spot) Kitco GoldMoney buy price $10.39 (1.8% below spot) Regards, Sidd. --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
