> Annual production and demand are not relevant when it comes to
> determining the long term price of gold. At best, they are only short
> term influence. The reason is because of a very large above ground
> inventory that is at least 40 times larger than annual
> production/demand numbers. The pa
Hey, the last time I checked the Federal Constitution there was nothing
giving the government a monopoly on gambling--but I did find the ninth and
tenth amendments prohibiting them from doing this. As you mentioned
Washington State claims a monolpoly on gambling but as you surely know
there are m
>So it P2P file sharing. I laugh my ass off every time some would-be
>on-line gambling entrepreneur complains that "I cudda been a conteda
>but the Feds wouldn't let me." Grow up. Anyone who even considers
>operating an on-line, U.S.-based, casino, sportsbook, lottery,
>raffle, and is surpr
There's an "old saying" that "a man's reasonable suit of clothing ..
such as a merchant might wear [neither a king nor a serf] ... has
ALWAYS COST about ONE OUNCE of gold"
That's roughly true -- for $300 today you can get a pair of Nikes and
polo shirt and some undies and a pair of Levis or sl
"C. Cormier - Ormetal Inc." wrote:
>
> Thus the gold price would have to rise to roughly $5500 per ounce
> ($25/1.26 * $275) for each unit of fiat currency to be 100% backed
> by gold.
Demand draws supply - if gold got that valuable, sources would be found,
and the supply would reinflate.
---
At 03:39 PM 9/10/2001 -0400, eCurrencyCrawler wrote:
> > > ...I am totally uninterested in online gambling, and I suspect that goes
> > > for more people...
> >
> > There are also a LOT of other people who ARE interested in gambling.
> >
>
>Both opinions are valid, heh, in my opinion. Although, he
| I heard a statement at a conference last week that Christ's robes cost 30
| grams of gold, or the equivalent value in today's dollars of approx
| $262. Which is close to the same price one might pay for a suit of clothes
| today. Therefore, in 2,000 years gold has been stable.
Roman legionair
At 06:13 AM 9/10/2001 +1000, David Hillary wrote:
>Gold stocks are like any other inventory, something which can be increased
>by investment (surplus of production over consumption). The supply curve for
>gold is upward sloping, like most supply curves, and thus an increased
>demand for gold inven
Claude,
> > What are the comparable figures for fiat currency? Do you know?
>
> I don't have the number but I am sure it is very high.
I would still like to know what it really is. Out of every $1000 in
circulation how many $ change hands each day? I'd be surprised if it
is anywhere near 10%
On 10 Sep 2001, at 6:13, David Hillary wrote:
Hello David.
> Gold stocks are like any other inventory, something which can be
> increased by investment (surplus of production over consumption).
Gold, unlike most other products, is not consumed for the larger
part. It is accumulated (saved) in
Come on guys lets have some clear and logical thinking.
Gold stocks are like any other inventory, something which can be increased
by investment (surplus of production over consumption). The supply curve for
gold is upward sloping, like most supply curves, and thus an increased
demand for gold in
> > ...I am totally uninterested in online gambling, and I suspect that goes
> > for more people...
>
> There are also a LOT of other people who ARE interested in gambling.
>
Both opinions are valid, heh, in my opinion. Although, here's the REAL
pitfall to online gambling - ILLEGAL IN USA!
Tha
Answering the Rick van Rein comments:
> ...I am totally uninterested in online gambling, and I suspect that goes
> for more people...
There are also a LOT of other people who ARE interested in gambling.
> And I imagine if I would be into gambling, that I'd want to see _real_
> lights flashing,
Hello everyone. Just wanted to send an email to the list as a
reminder/notice for new and established merchants accepting e-gold®.
Submit your website to eCurrencyCrawler. We are "The World's Largest
eCurrency Search Engine" and Directory Listing for eCurrency Merchants,
Exchanges, Games and Inve
Claude,
This is an interesting question.
> > If the entire world switched to using e-gold today, for all their
> > direct debit financial transactions, is there enough "gold" currently
> > available to "back it?"
>
> Sure. The price would simply have to go up.
Yes, but there is another factor
At 05:55 PM 9/10/2001 +1000, [EMAIL PROTECTED] wrote:
>Hello everyone :)
>Jonathan Regan here.
>
>Just thought I'd post publically that I'm very
>annoyed because I ordered and PAID for a
>Standard Reserve debit card over 5 weeks
>ago. It still hasn't arrived.
And I would be too.
Which I'm sure y
On 8 Sep 2001, at 9:42, David Barrington wrote:
> If the entire world switched to using e-gold today, for all their
> direct debit financial transactions, is there enough "gold" currently
> available to "back it?"
Sure. The price would simply have to go up.
It is estimated that there are 140,00
Hi Guys
The software has gone but I still have three books I want to get sell for
e-gold
They can be seen at: http://www.tarasvirtualstudio.com/books.html
I'll take an offer for all three too!
Thanks
T.
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Below are links to current artwork ebay auctions whose topic is the
March 2001 SS-Raid on Gold-Age (e-gold and other value-backed currencies
are accepted).
For more information on this tragic event see
http://www.gold-age.net/ldf/ldf.html
-
"Rage"
http://cgi.eb
WELL written, EXCELLENT grammar, PROPERLY researched, USEFUL links,
and completely FREE:
http://www.bananagold.com/bob.html
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Did you know that e-gold Ltd. stores more gold
- Original Message -
From: "David Barrington" <[EMAIL PROTECTED]>
To: "e-gold Discussion" <[EMAIL PROTECTED]>
Sent: Saturday, September 08, 2001 11:42 PM
Subject: [e-gold-list] Gold-backed Digital Currency
> Question ???
>
> If the entire world switched to using e-gold today, for all the
David Barrington wrote:
>Question ???
>
>If the entire world switched to using e-gold today, for all their direct
>debit financial transactions, is there enough "gold" currently available
>to "back it?"
>
Probably not at $300 an ounce but there would be at some much higher price.
--
Life, Love
-BEGIN PGP SIGNED MESSAGE-
Hash: SHA1
Hello David,
very good question!
> If the entire world switched to using e-gold today, for all
> their direct
> debit financial transactions, is there enough "gold"
> currently available to "back it?"
Basically yes - but that would mean that gold
Hello everyone :)
Jonathan Regan here.
Just thought I'd post publically that I'm very
annoyed because I ordered and PAID for a
Standard Reserve debit card over 5 weeks
ago. It still hasn't arrived.
Yes, I understand they have changed to the new
CashLinks cards, but I also understand what it
Question ???
If the entire world switched to using e-gold today, for all their direct
debit financial transactions, is there enough "gold" currently available
to "back it?"
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