> GoldNow IS a HYIP, in the truest sense. High Yield Investment
> *Project*... for ME & my family! It's a legitimate, honest, hard working,
> customer serving business... otherwise KNOWN as a High Yield Investment
> *Project*! (Well, that's at least the goal, anyways!)

GoldNow is not an HYIP in the usage that is prevalent. HYIPs take money from
later investors to pay returns to earlier investors, (though they may not
say it).

I believe that we, as an industry, need to rid ourselves the best that we
can, of scams and businesses which carry bad reputations. One of the first
steps is to establish criteria and terms for those businesses we consider
improper. If we believe that HYIPs are unethical and improper businesses
with which to align ourselves, then the words we use to describe these types
of businesses should be clear and unambiguous. An HYIP is a pyramid scheme.
GoldNow is not a pyramid scheme. Confusing such a term with a legitimate
business hinders us in our attempts to fight such scams.

Sincerely,.

Craig (SnowDog)



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