[e-gold-list] borrowing from e-gold
How do I go about borrowing metal from e-gold? = Good bye for now! Galina Ulanova __ Do You Yahoo!? Yahoo! Shopping - Thousands of Stores. Millions of Products. http://shopping.yahoo.com/ --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: e-gold / SR ??
This is a very interesting question and one which many may not really undersand. Standard Reserve does not re-issue E-Gold. Rather, Standard Reserve holds E-Gold as the asset backing Standard Gold. In doing this, Standard Reserve has a far more liquid asset than E-Gold making it possible to handle that asset in a different manner than E-Gold. OK -- I agree, now I am confused. So,, SR uses e-gold as asset backing for their currency yet that is not the same as re-issuing e-gold? If SR gold has nothing behind it but e-gold, SR is simply e-gold with a different name, as without e-gold there can be no SRG. Also -- how can SRG be more liquid than e-gold, when e-gold is the backing for SRG? If e-gold suddenly loses liquidity, then SRG loses liquidity entirely. The unique-ness of Standard Gold is that its asset, in that it is "gold money", can be held as money in its E-Gold account, or a portion of it could be held as a security, and so on. This takes the world of "gold money" a step further towards providing a wide range of financial services to customers, including providing loans, paying interest where a person elects to hold their value in an account where the asset can be loaned etc. Uhh,, this sounds kind of like the e-metal version of the Banking fractional reserve deposit system? Does this mean that SR endorses forward selling and short selling of its asset (e-gold)? currency. On the other hand, E-Gold may be more attractive to some, because of its 100% gold backing. It depends upon your perspective in the future which "gold" you want to hold Hmm,, I defer to your wisdom as this statement clearly confuses me (again)-- are you trying to tell us that e-gold is 100% backed by gold and SRG is not? if so, please elaborate how that could be since the asset backing SRG is e-gold and e-gold is supposed to be 100% backed by metal? I am new to this e-metal business and researching the products before making my plunge. This is one issue that bothers me -- the statment that e-gold is 100% backed by gold? This seems improbable to me because; 1) The only assurance we have that there is real metal backing is the examiner page -- which is administered by e-gold personnel only (guess you just have to believe!) 2)I do not see where e-gold has ever submitted to an audit of the reserves? does this bother no-one else? 3)If e-gold were 100% backed by metal -- how could e-gold possibly have enough liquidity cash to handle the daily outexchanging and conversion of metal to fiat currency (without selling and buying metal daily -- and this obviously is not done since the numbers on the examiner page would flucuate in proportion). If the examiner were true to form -- e-gold would have to have a section listing the amount of cash held in reserve also - and they do not. 4) None of this would bother me so much if there was a contact page or number for e-gold's escrow agent, however I do not see anything but the name of a large Multinational Bank listed. Best Wishes, John Bosco USA - Retired. _ Get your FREE download of MSN Explorer at http://explorer.msn.com --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: BUY ANYTHING ONLINE WITH e-gold
why doesn't some enterprising person set up a business out-exchannging e-gold directly with online retailers and negotiate discounts with retailers based on a secure and guaranteed prompt payment and the additional business it would bring the retailers? If the business can get adequate discounts, this can offset in-exchange costs of e-gold users, making e-gold much more viable for users. It would also increase the number of goods and services e-gold could purchase and therefore the viability of using e-gold. David Hillary [EMAIL PROTECTED] wrote: Who says you can't spend e-gold? Buy ANYTHING online with e-gold using Ian Greene's great customer service for a piddlingly modest fee at: http://www.aoShop.com Merry Cristmas! great! http://www.bananagold.com is firing on all cylinders. We hope people appreciate it! An incredible amount of stuff has now been purchased FROM AMAZON USING EGOLD. Who would have believed it in the early days of egold? JP --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: borrowing from e-gold
e-gold does not lend metal so you cannot borrow from e-gold. You might find someone who will lend you some of their gold. Although i doubt it. Kind regards, Michael Moore [EMAIL PROTECTED] http://www.gold-today.com Sign up with e-gold today and get grams of e-gold here. https://www.e-gold.com/newacct/newaccount.asp?cid=129542 - Original Message - From: "Galina Ulanova" [EMAIL PROTECTED] To: "e-gold Discussion" [EMAIL PROTECTED] Sent: Wednesday, December 27, 2000 8:48 AM Subject: [e-gold-list] borrowing from e-gold How do I go about borrowing metal from e-gold? = Good bye for now! Galina Ulanova __ Do You Yahoo!? Yahoo! Shopping - Thousands of Stores. Millions of Products. http://shopping.yahoo.com/ --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] E-Gold IS Backed by Gold
For those interested in verifying that e-gold really IS backed by gold, check out this agreement which outlines the role of their escrow agent, which is the agent assigned the role of overseeing the gold held in the E-Gold Bullion Reserve, Special Purpose Trust: http://www.e-gold.com/contracts/escrowagentagr.pdf Notice that the president of Central Escrow Agency, LTD is also the Vice President of the Central Fund of Canada: www.centralfund.com The Central Fund of Canada has maintained a gold-fund traded on the American Stock Exchange under the symbol CEF, for 40+ years. Sincerely, Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: FW: I want some too!!
As the first payer in the new Glencannon HY scheme, you QUALIFY for or
EXTRA SPECIAL SUPER DOOPER EXCLUSIVE ONLY ONCE BRILLIANT OFFER!!! Now
you can spend your e-gold (minimum $1000 or more) to our e-gold
account # 991199 for the most AMAZING program you ever dreamed of...
Christmas is a time of GIVING, make this your best Christmas yet! Do
it now...
Oh yeah, I'm sure you think you're special, I've got something even
better! An absolutely once-in-eternity offer to participate in a
hyper-matrix forced downline get-paid-to-get-rich-instantly
lose-30-lbs-in-30-days mega-yield program, which will allow you to
earn returns on your investment which are so high that they can't even
be quantified using ordinary numbers! Er, I mean, actually, they're
not that high, and are actually about 2% PA these days... And the
program isn't that exclusive, because anyone with a web browser can
sign up at www.metalsavings.com.
I can't describe how frustrating it is that all these scams seem to
have no trouble attracting these huge deposits, but when someone makes
reasonable claims ("you won't get rich, but you will get 2% PA")
everyone is skeptical. I guess an appeal to greed is more effective
than an appeal to reason, in the short term.
e
---
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[e-gold-list] Re: borrowing from e-gold
If e-gold does not lend e-gold, how do they explain negative balances in some accounts? On the public balance page there is one account with a balance of negative 7.7 oz of silver. I wonder how many other accounts with negative balances there are and how that is reflected on the examiner. Is e-gold always backed 100% by precious metals and has it been in the past? Is this only a claim they make? Sounds to me like there is some lending going on? -- Michael Moore [EMAIL PROTECTED] wrote: e-gold does not lend metal so you cannot borrow from e-gold. You might find someone who will lend you some of their gold. Although i doubt it. How do I go about borrowing metal from e-gold? = Dagny Taggart __ Do You Yahoo!? Yahoo! Shopping - Thousands of Stores. Millions of Products. http://shopping.yahoo.com/ --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: borrowing from e-gold
If e-gold does not lend e-gold, how do they explain negative balances in some accounts? Accounts are charged a fee of 1/12th of 1 percent of its average daily balance each month. If the account is cleared out before the end of the month, then this fee will still be applied to an account with a zero balance, for that month, resulting in a negative balance. There is no other way to drive an e-gold account negative, as I understand it. For those interested in the E-Gold LTD / Escrow agreement, check it out here. E-Gold is backed 100% by gold, at all times. http://www.e-gold.com/contracts/escrowagentagr.pdf Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: BUY ANYTHING ONLINE WITH e-gold
At 08:33 AM 12/27/2000 +1100, David Hillary wrote: why doesn't some enterprising person set up a business out-exchannging e-gold directly with online retailers and negotiate discounts with retailers based on a secure and guaranteed prompt payment and the additional business it would bring the retailers? If the business can get adequate discounts, this can offset in-exchange costs of e-gold users, making e-gold much more viable for users. It would also increase the number of goods and services e-gold could purchase and therefore the viability of using e-gold. What a great idea. Lower per transaction fees, plus immediate settlement of accounts. George __ George Matyjewicz, Chief Executive Officer Standard Reserve Corp. -- Atlanta, GA Acct# 120018 Tel: 770-300-3070 Ext 2818 World Wide Currency for the World Wide Web http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Advertising
Bearerinstruments.com intends to provide a rotating banner ad at the bottom of it's home page. There's an example there now: http://www.bearerinstruments.com/ Info is at: http://www.bearerinstruments.com/html/advertising.html If anybody has a suggestion before programing begins, please send it to mailto:[EMAIL PROTECTED] Bob -- http://www.bearerinstruments.com A Directory of Web sites and Internet presences accepting non-fiat monies. http://www.bearerinstruments.com/assets/BIMDsPGPkey.txt 650C 51DA 734F 697F 5706 3D6A 7712 BCC9 D1AE 00BA --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Paul Volcker
"A global economy requires a global currency." Dr. Paul Volcker, *former* Chairman of the Board of Governors of the Federal Reserve Hey Paul, it's happening. -- http://www.bearerinstruments.com A Directory of Web sites and Internet presences accepting non-fiat monies. http://www.bearerinstruments.com/assets/BIMDsPGPkey.txt 650C 51DA 734F 697F 5706 3D6A 7712 BCC9 D1AE 00BA --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: BUY ANYTHING ONLINE WITH e-gold
At 08:33 AM 12/27/2000 +1100, David Hillary wrote: why doesn't some enterprising person set up a business out-exchannging e-gold directly with online retailers and negotiate discounts with retailers based on a secure and guaranteed prompt payment and the additional business it would bring the retailers? *wave* http://www.bananagold.com unfortunately, Amazon just won't even think about discounting unless you spend vast amounts of money per year (millions). (Quite reasonably, considering they are teetering on the edge of bankruptcy.) As far as I'm aware, amazon.com is the only realistic online retailer (are there any others that do serious business?) Banana gold is really just set up as a charity to promote egold. It is unconceivable it could ever recover development costs. A very complex little robot! I notice BANANAGOLD is popular with Aussies and New Zealanders lately! Rock on! Enjoy it! If the business can get adequate discounts, this can offset in-exchange costs of e-gold users, making e-gold much more viable for users. It would also increase the number of goods and services e-gold could purchase and therefore the viability of using e-gold. What a great idea. Lower per transaction fees, plus immediate settlement of accounts. George __ George Matyjewicz, Chief Executive Officer Standard Reserve Corp. -- Atlanta, GA Acct# 120018 Tel: 770-300-3070 Ext 2818 World Wide Currency for the World Wide Web http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: Paul Volcker
At 08:38 PM 12/27/2000 -0500, Bob wrote: "A global economy requires a global currency." Dr. Paul Volcker, *former* Chairman of the Board of Governors of the Federal Reserve Where did this quote appear? George Hey Paul, it's happening. -- http://www.bearerinstruments.com A Directory of Web sites and Internet presences accepting non-fiat monies. http://www.bearerinstruments.com/assets/BIMDsPGPkey.txt 650C 51DA 734F 697F 5706 3D6A 7712 BCC9 D1AE 00BA --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] __ George Matyjewicz, Chief Executive Officer Standard Reserve Corp. -- Atlanta, GA Acct# 120018 Tel: 770-300-3070 Ext 2818 World Wide Currency for the World Wide Web http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Japan
From IBD's Dec. 27 issue: "Japan's Jobless Rate Up, Household Spending Down" In more signs that Japan's economic recovery is slowing, the country's jobless rate hit an eight-month high. Household spending and retail sales fell, dashing hopes consumer spending would help the rebound. Retail sales fell for the 44th straight month, dropping 0.7% year over year in November. House-hold spending fell 2.3% year over year. With big corporate bankruptcies and weak stock prices, spending is unlikely to improve, analysts predicted." - "More on A9" --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] China
From IBD's Dec. 27 issue: "China hopes to spur Internet use by slashing long-distance rates" Plans to cut long-distance telephone rates more than 50% would hurt revenue for China's dominant state-owned carrier. But it should also spur new Internet and telecom industries, state media said. The changes also cut charges for Internet access and leased lines. State media described the cuts as the biggest change for Chinese phone bills in 51 years of communist rules. Charges should fall by some $3.6 billion a year." Other for IBD: "China's GDP will grow 7-8% next year because state-owned firms will keep improving efficiency and consumer spending will rise, the China Business Times said, citing government reports." -- http://www.bearerinstruments.com A Directory of Web sites and Internet presences accepting non-fiat monies. http://www.bearerinstruments.com/assets/BIMDsPGPkey.txt 650C 51DA 734F 697F 5706 3D6A 7712 BCC9 D1AE 00BA --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: Paul Volcker
At 09:14 PM 12/27/2000 -0500, Bob wrote: George Matyjewicz wrote: At 08:38 PM 12/27/2000 -0500, Bob wrote: "A global economy requires a global currency." Dr. Paul Volcker, *former* Chairman of the Board of Governors of the Federal Reserve Where did this quote appear? http://www.fame.org/ Thanks. I also searched on Google, and found other references. Seems it was published in the NY Times in February. Also, here is a nice article http://www.usagold.com/gildedopinion/mundellprague.html "Exchange Rates, Currency Areas and the International Financial Architecture " by Dr. Robert A. Mundell, Columbia University -- 1999 Nobel Laureate. Remarks delivered at an IMF panel, September 22, 2000, Prague, Czech Republic. George __ George Matyjewicz, Chief Executive Officer Standard Reserve Corp. -- Atlanta, GA Acct# 120018 Tel: 770-300-3070 Ext 2818 World Wide Currency for the World Wide Web http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
