Not sure how this topic mutated from "e-gold" taking off
in a big way to [the price of] gold taking off in a big way.
The two are very much opposed to each other.
For e-gold, or any gold based currency to be successful,
it needs to be stable. Rapidly changing exchange rates
are a *very bad thing* for a currency. It's bad for business,
people can't manage the risk for currency risk in transactions.
It gold appreciates against other currencies in a slow and
stable pattern, that would be great; there are many currencies
that do the opposite and people just build that into regular
price adjustments and interest rates.
However, "taking off" in price, or significant price fluxuations,
are bad things for e-gold.
Adam
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