-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 John wrote: : Someone could set up a futures exchange using e-gold. People could loan : $1000 of e-gold out to the shorts, who would take possession for let's say a : 1 month contract, then at the end of the month the shorts pay back the : e-gold. If the price is up, they lose, if it is down, they win. This could : be automated with software to automatically match buyer/sellers of : contracts, and a central authority would be established, the clearing house, : that would hold the gold to ensure performance of the contract, including : holding the funds for margin calls.
John, this has already been done, JP built bamdex.com... nobody used it so he had to close it down :-( Sidd -----BEGIN PGP SIGNATURE----- Version: PGP 8.0.2 iQA/AwUBPvferVPF8g1gRyamEQJcfQCgh8gzRL6UlhLWwoEu35BwBOTFYTIAn1cp TsV5Mf489QXCbsuyAgAi+M8S =9jRG -----END PGP SIGNATURE----- --- 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.
