[e-gold-list] DCSB: Steven Levy; How the Crypto Rebels Won
--- begin forwarded text Date: Wed, 14 Feb 2001 09:52:21 + To: [EMAIL PROTECTED], [EMAIL PROTECTED] From: "R. A. Hettinga" [EMAIL PROTECTED] Subject: DCSB: Steven Levy; How the Crypto Rebels Won Cc: Steven Levy [EMAIL PROTECTED], Scott Moskowitz [EMAIL PROTECTED] Sender: [EMAIL PROTECTED] Reply-To: "R. A. Hettinga" [EMAIL PROTECTED] -BEGIN PGP SIGNED MESSAGE- [Note that the Harvard Club is now "business casual". No more jackets and ties -- while it lasts, anyway :-)... --RAH] The Digital Commerce Society of Boston Presents Steven Levy, Author, Senior Editor, _Newsweek_ Magazine "How the Crypto Rebels Won" Tuesday, March 6th, 2000 12 - 2 PM The Downtown Harvard Club of Boston One Federal Street, Boston, MA How a group of outsiders envisioned a need for wide-spread cryptography and then took on two daunting missions: providing unprecedented tools to make this happen, and fighting the government for the right to distribute the tools. Steven Levy is a senior editor at Newsweek and author of CRYPTO: HOW THE CODE REBELS BEAT THE GOVERNMENT, SAVING PRIVACY IN THE DIGITAL AGE. He is also author of four other books including HACKERS, ARTIFICIAL LIFE, INSANELY GREAT, and THE UNICORN'S SECRET, and have contributed to many other publications. This meeting of the Digital Commerce Society of Boston will be held on Tuesday, March 6th, 2000, from 12pm - 2pm at the Downtown Branch of the Harvard Club of Boston, on One Federal Street. The price for lunch is $35.00. This price includes lunch, room rental, A/V hardware if necessary, and the speakers' lunch. The Harvard Club has relaxed its dress code, which is now "business casual", meaning no sneakers or jeans. Fair warning: since we purchase these luncheons in advance, we will be unable to refund the price of your meal if the Club finds you in violation of what's left of its dress code. We need to receive a company check, or money order, (or, if we *really* know you, a personal check) payable to "The Harvard Club of Boston", by Saturday, March 3rd, or you won't be on the list for lunch. Checks payable to anyone else but The Harvard Club of Boston will have to be sent back. Checks should be sent to Robert Hettinga, 44 Farquhar Street, Boston, Massachusetts, 02131. Again, they *must* be made payable to "The Harvard Club of Boston", in the amount of $35.00. Please include your e-mail address so that we can send you a confirmation If anyone has questions, or has a problem with these arrangements (we've had to work with glacial A/P departments more than once, for instance), please let us know via e-mail, and we'll see if we can work something out. Upcoming speakers for DCSB are: April 3 Scott Moskowitz Watermarking and Bluespike As you can see, :-), we are actively searching for future speakers. If you are in Boston on the first Tuesday of the month, are a principal in digital commerce, and would like to make a presentation to the Society, please send e-mail to the DCSB Program Committee, care of Robert Hettinga, mailto: [EMAIL PROTECTED]. -BEGIN PGP SIGNATURE- Version: PGP 7.0 iQEVAwUBOopVR8UCGwxmWcHhAQGC0wf+Iu5psvIFhQiFdzJhhy2t2ftYtCUwtxe0 jUcfdU+tlzzUNhOaQzbv4ld1+VhpmAGhjtnbrc31SEUqSvdGJeq3xTSyazJHfo8d JO0A5+cdPMYGEd/vD2PH86WcP36/zc6y57PjVZ30dkcrp554mM3s4UKPDTBZW/aX 1kyDtEBK/vHQblt01n5bVU+fCEJYRRV3qP0et3NebGZM4OP9+ehs92+nnd+4bsqN qdGhgZqlsVLlwA9jEkrC0IsrypAqw/Xbxfubof4ys08/UALBNgGY+3dNFhtFmjnG Pq8Jwhvu7CffqLbxFkON/pNu2KtFBBZLx8xep98NyP3a2lllbsCzmA== =E2LW -END PGP SIGNATURE- -- - R. A. Hettinga mailto: [EMAIL PROTECTED] The Internet Bearer Underwriting Corporation http://www.ibuc.com/ 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' ~ To unsubscribe from this list, send a letter to: [EMAIL PROTECTED] In the body of the message, write: unsubscribe dcsb-announce Or, to subscribe, write: subscribe dcsb-announce If you have questions, write to me at [EMAIL PROTECTED] --- end forwarded text -- - R. A. Hettinga mailto: [EMAIL PROTECTED] The Internet Bearer Underwriting Corporation http://www.ibuc.com/ 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] DCSB: Steven Levy; How the Crypto Rebels Won
--- begin forwarded text Date: Wed, 14 Feb 2001 09:52:21 + To: [EMAIL PROTECTED], [EMAIL PROTECTED] From: "R. A. Hettinga" [EMAIL PROTECTED] Subject: DCSB: Steven Levy; How the Crypto Rebels Won Cc: Steven Levy [EMAIL PROTECTED], Scott Moskowitz [EMAIL PROTECTED] Sender: [EMAIL PROTECTED] Reply-To: "R. A. Hettinga" [EMAIL PROTECTED] -BEGIN PGP SIGNED MESSAGE- [Note that the Harvard Club is now "business casual". No more jackets and ties -- while it lasts, anyway :-)... --RAH] The Digital Commerce Society of Boston Presents Steven Levy, Author, Senior Editor, _Newsweek_ Magazine "How the Crypto Rebels Won" Tuesday, March 6th, 2000 12 - 2 PM The Downtown Harvard Club of Boston One Federal Street, Boston, MA How a group of outsiders envisioned a need for wide-spread cryptography and then took on two daunting missions: providing unprecedented tools to make this happen, and fighting the government for the right to distribute the tools. Steven Levy is a senior editor at Newsweek and author of CRYPTO: HOW THE CODE REBELS BEAT THE GOVERNMENT, SAVING PRIVACY IN THE DIGITAL AGE. He is also author of four other books including HACKERS, ARTIFICIAL LIFE, INSANELY GREAT, and THE UNICORN'S SECRET, and have contributed to many other publications. This meeting of the Digital Commerce Society of Boston will be held on Tuesday, March 6th, 2000, from 12pm - 2pm at the Downtown Branch of the Harvard Club of Boston, on One Federal Street. The price for lunch is $35.00. This price includes lunch, room rental, A/V hardware if necessary, and the speakers' lunch. The Harvard Club has relaxed its dress code, which is now "business casual", meaning no sneakers or jeans. Fair warning: since we purchase these luncheons in advance, we will be unable to refund the price of your meal if the Club finds you in violation of what's left of its dress code. We need to receive a company check, or money order, (or, if we *really* know you, a personal check) payable to "The Harvard Club of Boston", by Saturday, March 3rd, or you won't be on the list for lunch. Checks payable to anyone else but The Harvard Club of Boston will have to be sent back. Checks should be sent to Robert Hettinga, 44 Farquhar Street, Boston, Massachusetts, 02131. Again, they *must* be made payable to "The Harvard Club of Boston", in the amount of $35.00. Please include your e-mail address so that we can send you a confirmation If anyone has questions, or has a problem with these arrangements (we've had to work with glacial A/P departments more than once, for instance), please let us know via e-mail, and we'll see if we can work something out. Upcoming speakers for DCSB are: April 3 Scott Moskowitz Watermarking and Bluespike As you can see, :-), we are actively searching for future speakers. If you are in Boston on the first Tuesday of the month, are a principal in digital commerce, and would like to make a presentation to the Society, please send e-mail to the DCSB Program Committee, care of Robert Hettinga, mailto: [EMAIL PROTECTED]. -BEGIN PGP SIGNATURE- Version: PGP 7.0 iQEVAwUBOopVR8UCGwxmWcHhAQGC0wf+Iu5psvIFhQiFdzJhhy2t2ftYtCUwtxe0 jUcfdU+tlzzUNhOaQzbv4ld1+VhpmAGhjtnbrc31SEUqSvdGJeq3xTSyazJHfo8d JO0A5+cdPMYGEd/vD2PH86WcP36/zc6y57PjVZ30dkcrp554mM3s4UKPDTBZW/aX 1kyDtEBK/vHQblt01n5bVU+fCEJYRRV3qP0et3NebGZM4OP9+ehs92+nnd+4bsqN qdGhgZqlsVLlwA9jEkrC0IsrypAqw/Xbxfubof4ys08/UALBNgGY+3dNFhtFmjnG Pq8Jwhvu7CffqLbxFkON/pNu2KtFBBZLx8xep98NyP3a2lllbsCzmA== =E2LW -END PGP SIGNATURE- -- - R. A. Hettinga mailto: [EMAIL PROTECTED] The Internet Bearer Underwriting Corporation http://www.ibuc.com/ 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' ~ To unsubscribe from this list, send a letter to: [EMAIL PROTECTED] In the body of the message, write: unsubscribe dcsb-announce Or, to subscribe, write: subscribe dcsb-announce If you have questions, write to me at [EMAIL PROTECTED] --- end forwarded text -- - R. A. Hettinga mailto: [EMAIL PROTECTED] The Internet Bearer Underwriting Corporation http://www.ibuc.com/ 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] inquiring minds
Questions that a Kitco Pool Gold Account (or Monex (Atlas), or FideliTrade (Group Ownership Service) [or any other party soliciting unallocated "storage" deposits] depositor would do well to ask Kitco: Given that your Pool Gold description http://online.kitco.com/poolaccount.html does not require Kitco to hold any physical metal to offset its unallocated gold deposit liabilities, nor does it it specify a time limit for Kitco to deliver metal in the event that a depositor orders delivery... 1) How much Pool Gold do you owe your depositors? Are they unsecured creditors as generally described by http://www.pamp.ch/Gold/uu/unalloca.html ? 2) What assets do you specifically hold to offset your unallocated gold deposit liabilities? Do you hold (or have a target range of) a primary reserve of actual physical metal against these demand deposit liabilities? 3) Since you accept/create gold deposits and invest these borrowed assets so as to generate a financial return, do you publish financial statements that would enable a depositor to assess your gold-specific liquidity and solvency as it relates to your ability to repay these deposits? Do you maintain a cushion of equity capital sufficient that in the event some of the gold loans that you hold as assets (such as your unallocated deposits at deeper layer gold banks) fail to perform you could still pay off your depositors? [Banks are expected to hold 8% core capital against their risk adjusted assets.] ___ Questions submitted to the Perth Mint 13 Feb 2001 I think I understand the deposit insurance guarantee that the State Government of Western Australia provides on your unallocated gold deposits [if the Mint can't come up with the gold, the government is obliged to pay off in Australian dollars http://www.perthmint.com.au/depository/faq/guarantee.shtml ] , but precisely what risk(s) does Lloyd's insure the Mint against http://www.perthmint.com.au/depository/faq/insurance.shtml ? What are the liability limits of the Lloyd's policy? Could you fax me a copy of the pertinent provisions of the Lloyd's policy? Are they insuring the Mint's performance vis-a-vis unallocated deposits too? or are they insuring against losses of physical specie relating to physical security etc.? Would they pay in gold? As for that, does the State set aside a reserve to enable it to perform in the event it must cover the Mint's unallocated deposit liabilities? Does it publish financial statements detailing its exposure to the Mint's unallocated deposit liabilities? While on subject, what proportion of its unallocated deposit liabilities does the Mint typically reserve against with physical metal? Finally, how much gold liability is the Mint exposed to with its unallocated storage facility? --- 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: inquiring minds
-Original Message- From: Douglas Jackson precisely what risk(s) does Lloyd's insure the Mint against http://www.perthmint.com.au/depository/faq/insurance.shtml ? What are the liability limits of the Lloyd's policy? Could you fax me a copy of the pertinent provisions of the Lloyd's policy? Are they insuring the Mint's performance vis-a-vis unallocated deposits too? or are they insuring against losses of physical specie relating to physical security etc.? From Perth mint user agreement: 2.5 Insurance PMDS shall ensure that a Client's Precious Metal is stored at PMDS's risk and insured against damage or loss for 100% of its market value. I am not a legal expert, but that seems fairly clear to me... maybe I have missed something, it will be interesting to see the reply you get from the mint, please post it. Would they pay in gold? Good question. As for that, does the State set aside a reserve to enable it to perform in the event it must cover the Mint's unallocated deposit liabilities? Does it publish financial statements detailing its exposure to the Mint's unallocated deposit liabilities? Again From the User agreement: 2.3 Unallocated Precious Metal Unallocated Precious Metal shall be stored by PMDS on the following terms: a . The Unallocated Precious Metal purchased by the Client shall be recorded in the Client's Metal Account on the PMDS register maintained by The Perth Mint. b. The Client shall own, as an owner in common, an undivided interest in a pool of Unallocated Precious Metal maintained in bulk storage on a fungible basis with the Unallocated Precious Metal of other owners, which will not permit the identification of the Client's Unallocated Precious Metal. c. PMDS may use or deal in all or part of the Client's Unallocated Precious Metal for its own account as if it were the owner. d. Any gain or loss arising from the use of or dealing in the Client's Unallocated Precious Metal shall accrue to PMDS's account. e. Any use of or dealing in the Client's Unallocated Precious Metal by PMDS will be without prejudice to the Client's right at any time to instruct PMDS to sell or take delivery of Allocated Precious Metal equivalent to the type and quantity of Unallocated Precious Metal in the Client's Metal Account. Note point b. the storage is "on a fungible basis..." From websters.com: fun.gi.ble (fnj-bl) adj. Law. Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain. Interchangeable. n. Something that is exchangeable or substitutable. Often used in the plural. So the unallocated metal is always physically in the vault... Point c. and d. allow the mint to use the unallocated gold to trade BUT point e. is notable: "...without prejudice to the Client's right at any time to instruct PMDS to sell or take delivery of Allocated Precious Metal..." Add to this the Lloyds insurance, and the Govt guarantee, not to mention the Perth mint's impeccable track record for over 100 years and IMHO the unallocated storage at Perth mint is VERY secure. While on subject, what proportion of its unallocated deposit liabilities does the Mint typically reserve against with physical metal? Interesting question, but taking into account that the WA is the third largest producer of gold in the world, my take is that they have pretty substantial reserves "in the ground" Finally, how much gold liability is the Mint exposed to with its unallocated storage facility? I wonder if they will answer this... Regards, Sidd. --- 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: inquiring minds
heh Doug rocks ... Questions that a Kitco Pool Gold Account (or Monex (Atlas), or FideliTrade (Group Ownership Service) [or any other party soliciting unallocated "storage" deposits] depositor would do well to ask.. Questions submitted to the Perth Mint 13 Feb 2001 .. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Fed chairman stats
From IBD: Column headings are: Fed Chairman, Tenure, Average gold price $ per ounce, Average change in CPI, Average 3-month T-bill rate, Average 10 yr. US bond yield, Average real GDP Growth. Chairman Tenure Gold$ CPI3mo10yr GDP McChesney Martin Apr '51-Jan '70 35 2.3% 3.1% 4.1% 4.1% Burns Feb '70-Jan '78 105 6.5% 5.7% 7.1% 3.0% VolckerAug '79-Jul '87 413 5.4% 9.4% 11.1% 2.8% Greenspan Aug '87-Feb '01 355 3.3% 5.%7.0% 3.3% Does not include the short tenure of G. Willian Miller, Carter admin., Jan. '78-Jul '79. It was '71 at Brenton Woods that the US told the rest of the world to go take a flying leap. The US government (Roosevelt) had done that earlier to it's citizens. Source: InterMarket Forecasting Inc. Bob --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] The Center for the Moral Defense of Capitalism
http://www.moraldefense.com/ Current book being featured: 'The Prime Movers: Traits of the Great Wealth Creators' "Although many factors set the stage for wealth creation (especially economic freedom), in the end, the wealth has to be created by specific individualsand some are much better at it than others. Dr. Locke calls those who are very good at wealth creation 'Prime Movers'. By identifying the traits that move the movers, Locke shows that these men and women are both productive and moral." --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Why Greenspan Trashes the Markets
I think a really good read: http://www.moraldefense.com/Commentary/Why_Greenspan_Trashes_the_Markets.htm " ... in the 19th Century a gold-standard era with no Federal Reserve a dollar bought as much at the finish of the century as at the start." by Richard Salsman --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Eireland taxes ..
Green With Envy The EU condemns Ireland for being an alternative to high taxes. Feb 14 2001 http://interactive.wsj.com/cgi-bin/wsjgate?source=jopinemaowsjsubURI= http%3A%2F%2Finteractive.wsj.com%2Farticles%2FSB982111613715744268.htm nonsubURI=http%3A%2F%2Finteractive.wsj.com%2Ftour --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] check, money order, or e-gold?
Cut from a post by R. A. Hettinga: We need to receive a company check, or money order, (or, if we *really* know you, a personal check) payable to "The Harvard Club of Boston", by Saturday, March 3rd, or you won't be on the list for lunch. Checks payable to anyone else but The Harvard Club of Boston will have to be sent back. Do you suppose he'd accept e-gold? View my e-gold directory at: www.members.tripod.com/~lowell_potter/egodir Please support www.taig.org with a small spend it's EVERYBODY'S fight! Side note to sundry state economists and "rev'nooers"... "A government that robs Peter to pay Paul can always depend upon the support of Paul." George Bernard Shaw best, . forrest --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
