[e-gold-list] 7-11 Internet payment cards

2001-05-04 Thread Vincent Youngs

Are there any market makers who accept the 7-11 / Amex Internet payment
cards in payment for e-gold?  I read the FAQ on these cards, but it is not
clear to me from the FAQ whether these cards are hard money or soft money.

http://www.7-eleven.com/about/news/news_internetcardfaq.html

--
Vincent



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[e-gold-list] Fw: Laws pertaining to gold ownership in the United States

2001-05-04 Thread Eric J. Gaither


Interesting questions I received from a possible Gold Economy soon-to-be:


 To whom it may concern:
 
 Can you help me with the following information please?
 
 What are the current laws pertaining to gold ownership in US?
 
 My understanding is that there were some very specific laws past after
 the Great Depression about either the amount and or what form of gold
 can be held by US citizens. I have also be lead to believe that in
 certain forms it can not be confiscated by the US Government.
 
 Can you or someone on your staff please clarify this situation for me?
 
 Or can you direct me to where I may get accurate information in regard
 to this question?
 
 I thank you in advance for your prompt response to this inquiry.
 
 Regards
 David H. Wilkins
 
 __
 Do You Yahoo!?
 Yahoo! Auctions - buy the things you want at great prices
 http://auctions.yahoo.com/
 

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[e-gold-list] Re: 7-11 Internet payment cards

2001-05-04 Thread SnowDog


 Are there any market makers who accept the 7-11 / Amex Internet payment
 cards in payment for e-gold?  I read the FAQ on these cards, but it is not
 clear to me from the FAQ whether these cards are hard money or soft money.

 http://www.7-eleven.com/about/news/news_internetcardfaq.html

Wow, looks like an American Express CASH card to me. Maybe they're catching
on...

Craig



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[e-gold-list] Re: Fw: Laws pertaining to gold ownership in the United States

2001-05-04 Thread SnowDog

  My understanding is that there were some very specific laws past after
  the Great Depression about either the amount and or what form of gold
  can be held by US citizens. I have also be lead to believe that in
  certain forms it can not be confiscated by the US Government.

It's not possible to prove a negative. If there are ANY laws regulating the
purchase and sale of gold in the US, I, too, would like to know about them.
It's hard to imagine that there are any, since every pawn shop, on every
corner, buys and sells gold.

I think that FDR was misaligned. In 1933, they could NOT demonitize the US
dollar; it was then considered unconstitutional. In 1933, they could NOT
devalue the US dollar; they waited too long and gold reserves were too low
after the gold run. Making it illegal to own gold, while still keeping the
dollar technically backed by gold was an elegant solution to a catastrophic
problem. Seriously... what SHOULD FDR have done? What would you have done?
What other solutions could have been found for his problem, in 1933?

Anyway, with the US dollar demonetized, it's highly unlikely the US would
ever consider making it illegal to own gold again, IMHO.

Craig



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[e-gold-list] RE: Fw: Laws pertaining to gold ownership in the United States

2001-05-04 Thread Eve

In answer to  David H. Wilkins's questions:
In 1933 President Franklin D. Roosevelt banned the export of gold, halted
the convertibility of dollar bills into gold, ordered US citizens to hand in
all the gold they possessed and established a daily price for gold.  1934
Roosevelt fixed the price of gold at $35 per ounce.

December 31, 1974 the US government ended its ban on individual ownership of
gold.   In 1997 Congress passed the  Taxpayers Relief Act, allowing US
Individual Retirement Account holders to buy gold bullion coins and bars for
their accounts as long as they are of a fineness equal to, or exceeding,
99.5 percent gold.

Eve
Offshore Gold Account! Now! Free!
http://www.osgold.com/index.php?id=1033

-Original Message-
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of Eric J.
Gaither
Sent: Friday, May 04, 2001 4:36 AM
To: e-gold Discussion
Subject: [e-gold-list] Fw: Laws pertaining to gold ownership in the
United States



Interesting questions I received from a possible Gold Economy soon-to-be:


 To whom it may concern:

 Can you help me with the following information please?

 What are the current laws pertaining to gold ownership in US?

 My understanding is that there were some very specific laws past after
 the Great Depression about either the amount and or what form of gold
 can be held by US citizens. I have also be lead to believe that in
 certain forms it can not be confiscated by the US Government.

 Can you or someone on your staff please clarify this situation for me?

 Or can you direct me to where I may get accurate information in regard
 to this question?

 I thank you in advance for your prompt response to this inquiry.

 Regards
 David H. Wilkins

 __
 Do You Yahoo!?
 Yahoo! Auctions - buy the things you want at great prices
 http://auctions.yahoo.com/


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[e-gold-list] RE: Fw: Laws pertaining to gold ownership in the United States

2001-05-04 Thread SnowDog

 December 31, 1974 the US government ended its ban on individual ownership
of
 gold.   In 1997 Congress passed the  Taxpayers Relief Act, allowing US
 Individual Retirement Account holders to buy gold bullion coins and bars
for
 their accounts as long as they are of a fineness equal to, or exceeding,
 99.5 percent gold.

This confuses me, since the American Eagle, issued by the US Government and
heavily traded in the US, is only 90% gold.

Craig



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[e-gold-list] RE: Fw: Laws pertaining to gold ownership in the United States

2001-05-04 Thread SnowDog

 It seems to me that the 1974 legislation removed the ban on individual
 ownership of gold, period.  The 1997 legislation allows for gold coins and
 bars of 99.5 per cent gold to be included in IRA's rendering them
 non-taxable while held in those accounts.

I don't doubt what you're saying, but if this is true, then American Eagles
would not qualify in such IRAs. In fact, most gold coins are around 90%
gold, because 100% gold scratches too easily. I know that the Canadian Maple
Leaf is 99.9% gold, and it scratches extremely easily. Off hand, I don't
know of any other regular-issue gold bullion coins which are close to 99%
gold, other than the Maple Leaf.

Craig



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[e-gold-list] Re: HYIPs and propellor-heads.

2001-05-04 Thread Ben Legume

Lil Abner wasn't something I had available in my childhood 
regretably. 

Moriarty Look Seagoon, here is a photograph of a pound note! 

Ned Seagoon What Wealth!

Moriarty Yes, and theres more photographs where that came from!


I mean, short of locking them in a rubber room, what can be done with 
the HYIP/MLM perpetual victims? I've spoken to quite a few, both via 
the internet and in person, and most don't seem to be noticeably 
mentally retarded (or whatever the politically correct term for it is 
these days). I suspect there is a part of their brain which deals 
with financial matters which is deficient. My solution would be to 
not let them have any money, or alternately run a 'pretend' currency. 
Something like E-gold but where anyone who cared to sign up could get 
1,000,000 points a week, to 'invest' or gamble as they saw fit, with 
some nebulously worded formula that promised them a return on their 
investment at some future date. (Most of those 'earn cash to read 
email' and similar unlikly proposals ultimately come down to this, 
with the only way to see any actual money dependant on their IPO 
reaching a certain level if it happens at all. i mean, I won 1,000 
points at Treeloot.com and I couldn't even get the stuffed monkey 
because the link wouldn't work!).


New Books at Discount Prices 
  --- Send the right message ---


+ Today freemail +   

Get your free, private email address at
   http://www.today.com.au 

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[e-gold-list] Heap Of Gold Refunding?

2001-05-04 Thread Lim Ka Seong

Has anybody received any refund from Heap Of Gold?

Has anybody received any reply from Heap Of Gold?

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[e-gold-list] SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread Patrik Isacsson

This is a VERY intresting conversation - i am a MLM distributor to a company
that has been in the business for 6 years (wont mention the name) - but - my
main income is based from CUSTOMER SALES and a very few downline purchases
in my organisation, i earn quite a bit of money on this - but i have also
worked with this company for 3 years - most people dont even give a
company 1 year - they are in it for the free lunch  - get rich quick..
which will never happen in MLM.

I have treated this as a regular buinsess and so it shall be treated, BUT i
have to agree to Mr. Legume - there is alot of scams in this industry -
but so is there in almost every industry. Though MLM or NWM has always been
the most targeted to just been called scams - then i would call all
franchising and ordinary business  - including e-gold as a scam ;).

If you really took a good look at MLM - you might find it very DYNAMIC to
the one who really works it. But not EVERYONE can have success in it -
this is not for everyone.

According to HYIP - if it is TO good to be TRUE - then it is...:))


Best regards
Patrik Isacsson






 I mean, short of locking them in a rubber room, what can be done
with
 the HYIP/MLM perpetual victims? I've spoken to quite a few, both
via
 the internet and in person, and most don't seem to be noticeably
 mentally retarded (or whatever the politically correct term for it
is
 these days). I suspect there is a part of their brain which deals
 with financial matters which is deficient.

I guess you also believe that the millions and millions of people who
regularly vist casinos, race tracks and sports books and the multi
millions
who regularly play the various lotteries are mentally deficient in
financial
matters, right?  This must be the case as the percentage of these
people who
are winners in these various games is incredibly small, probably
even
smaller than those in HYIP/MLM.

As a matter of fact, yes. Compulsive gambling is a serious problem
for many people. I have a mild case of it myself. Psychologists are
recognising that the repetitive physical tasks are very habit-
forming. Additionally gambling doesn't make financial sense if you
think about it, because the more you gamble the less the odds work in
your favour, as 'the house' always wins overall (and that's assuming
the games aren't rigged). Gambling is a scam too, although I believe
you would find it is far less of a scam (in terms of
misrepresentation) than HYIPs. The ONLY people who make serious money
 from HYIP and MLM are the instigators. Anyone who can come into a
scheme and make money out of it would be better off setting up some
sort of real sales business themselves and sell real products in the
real world.


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[e-gold-list] Re: Heap Of Gold Refunding?

2001-05-04 Thread Steven


I am still waiting for my refund from Heap of Gold also Lim.
Or if they would fund my E-Gold account they would be good also.
But they still have not responded to emails or telephone calls.
It does not look good.  )-:

Steven

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[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread Viking Coder

 Patrik Isacsson wrote
 If you really took a good look at MLM - you might find it very DYNAMIC to
 the one who really works it. But not EVERYONE can have success in it -
 this is not for everyone.
 
 According to HYIP - if it is TO good to be TRUE - then it is...:))

There is also a major difference between (legitimate) MLMs and HYIPs.
Multi-Level Marketing isn't a path to riches in and of itself. There must
be a feasible line of products to go along with it. A couple of the most
succesful examples are Amway  Mary Kay. And you are right, MLM is not for
everybody, but there isn't any line of work that EVERYONE can have
success in.

Most (98%+) HYIPs are the illegitimate offspring of the MLM philosophy.
However, they do away with the messy need for a product line. Sending 5
people a recipe, your email address, or any other trivial piece of
insubstanial crap doesn't count. All the HYIPs do is shuffle money around.
They mainly just shuffle it into the progenitor's pockets. They are
classified as scams for one reason. They mislead their marks (er... users)
into believing that they will have a guaranteed return on their
investment.

Again for clarification...
HYIPs are NOT the same thing as legitimate gambling. With legitimate
gambling, you do not expect a return. If you do, you're either a master
game-shark, extremely lucky (i.e. you consistently hit the lottery
jackpot), or extremely desperate.

Legitimate gambling makes no reference to a guaranteed return, or to the
concept of investing. Do High Yield Investment Programs?

Gambling isn't a scam. The reason that is so vilified is that people get
entranced by the concept of money for nothing and spend their life
savings, their children's college funds, their rent money, etc... and then
complain that it wasn't their fault, and that they should have their money
back. Enough people complaining loudly enough causes lawmakers to sit up,
take notice, and make laws irrespective of whether it is right or not.

HYIPs are scams because they guarantee that everybody will hit the
jackpot and make off like bandits. (Send $5 and then send this letter to
100 people and you are guaranteed to make $50,000 in three weeks.)


Viking Coder

Worth Two Cents?
http://www.2cw.org/VikingCoder

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[e-gold-list] solid gold coins .. (I just bought one!)

2001-05-04 Thread jpm

 It seems to me that the 1974 legislation removed the ban on individual
 ownership of gold, period.  The 1997 legislation allows for gold coins and
 bars of 99.5 per cent gold to be included in IRA's rendering them
 non-taxable while held in those accounts.

I don't doubt what you're saying, but if this is true, then American Eagles
would not qualify in such IRAs. In fact, most gold coins are around 90%
gold, because 100% gold scratches too easily. I know that the Canadian Maple
Leaf is 99.9% gold, and it scratches extremely easily. Off hand, I don't
know of any other regular-issue gold bullion coins which are close to 99%
gold, other than the Maple Leaf.

Craig


Craig!  the answer is the Aussie ones - the Kangaroo and the lunar issue.

(Australia issues TWO bullion coins: the Kangaroo which obviously 
has a Kangaroo on it, and the lunar coins -- ie, each year is 
different with the Chinese lunar calendar .. year of the Dragon, year 
of the Snake, etc.  That is a very clever marketing idea to appeal to 
Chinese folks who love buying bullion.

I myself just bought, yesterday, a one ounce Aussie bullion coin, in 
fact a lunar year of the snake one, as a souvenir for my firstborn 
who will be born in the year of the snake.

Both coins come in the usual size selection, 1/10th ounce, ounce, 2 
ounces - and I think a huge kilo one, also.)

So yes, both of the Aussie bullion coins are marked  and are pure gold.

And yes, they scratch and ding extremely easily!


Interesting trivia: Australia recently introduced a federal GST sales 
tax (sort of like VAT).  About the only thing exempt from GST is 
raw items.

Thus: interestingly, a butcher's in Australia, raw meat - eg steaks, 
etc - is GST free, but, thinkgs like say sausages which are 
manufactured from a collection of items, include the annoying 10% 
GST.

Thus -- when in Australia -- if you buy a Krugerrand (95% gold, 5% 
copper - 22 carat), you DO PAY GST.  Whereas if you buy a Kangaroo 
(pure gold) -- no GST!


What's the canadian maple leaf made from?



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[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread jpm

For christ's sake.

EVERY HYIP IS A RIDICULOUS SCAM.

Speak plainly.

Regarding MLMs, obviously, many MLMs are completely legitimate 
businesses - such as bloody Amway or Nuskin.  But of the thousands of 
small hokey MLMs, most of them are small hokey silly productless 
things.


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[e-gold-list] Re: solid gold coins .. (I just bought one!)

2001-05-04 Thread C. Cormier - Ormetal Inc.

On 5 May 2001, at 9:22, [EMAIL PROTECTED] wrote:

 What's the canadian maple leaf made from?

http://www.rcmint.ca/products/en/main.cfm?Product_Id=12Section_Id=10Area=Products


Claude

http://www.goldcurrencies.ca
http://www.ormetal.com
==
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
==

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[e-gold-list] Re: solid gold coins .. (I just bought one!)

2001-05-04 Thread jpm

On 5 May 2001, at 9:22, [EMAIL PROTECTED] wrote:

 What's the canadian maple leaf made from?

http://www.rcmint.ca/products/en/main.cfm?Product_Id=12Section_I 
d=10Area=Products

Claude

Just curious, what's the face value on the 1oz Maple Leaf (doest say 
on the web site)

the face value on the Aussie kangaroo is Aus$100, btw.


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[e-gold-list] Re: its all in the charts

2001-05-04 Thread C. Cormier - Ormetal Inc.

On 5 May 2001, at 10:12, [EMAIL PROTECTED] wrote:

 wow - anyone who trades futures, palladium might be setting up for a big spurt
 http://futures.tradingcharts.com/chart/PA/61

Buy North American Palladium (PDL or PAL)
Claude

http://www.goldcurrencies.ca
http://www.ormetal.com
==
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
==

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[e-gold-list] Re: solid gold coins .. (I just bought one!)

2001-05-04 Thread C. Cormier - Ormetal Inc.

On 5 May 2001, at 9:57, [EMAIL PROTECTED] wrote:

 Just curious, what's the face value on the 1oz Maple Leaf (doest say on
 the web site)


The coin has a $50 legal tender face value. 

http://online.kitco.com/sellprice/coins/coin_goldmapleone.html
http://online.kitco.com/sellprice/coins/goldmapleone.html

Here is data on the egale

http://online.kitco.com/sellprice/coins/goldmapleone.html


Claude

http://www.goldcurrencies.ca
http://www.ormetal.com
==
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
==

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[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread Steven


Care to elaborate on that HYIP reference ?
How many have you tried and what were their names.



For christ's sake.

EVERY HYIP IS A RIDICULOUS SCAM.

Speak plainly.

Regarding MLMs, obviously, many MLMs are completely legitimate 
businesses - such as bloody Amway or Nuskin.  But of the thousands of 
small hokey MLMs, most of them are small hokey silly productless 
things.



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[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread Steven


Just humor me, if you will.  I'm new here.
Perhaps we are not speaking the same language.
I'm talking about legitimate banking with high returns.
I'm not sure what this negative feedback is based on.

Steven wrote:
 
 Care to elaborate on that HYIP reference ?
 How many have you tried and what were their names.

This is amazing.  I cannot decide between (1) this is just bull or (2) a
genuine inability to think.

If it is taken seriously then it explains a lot!  

Seriously making such an argument indicates the lack of any conceptual 
means to distinguish reality from fantasy.  Such people evidently will 
just try anything at random to see what immediately happens and they 
cannot conceive of any other means of validation.   They do not seem to
believe in or know about such things as cause and effect, objective
reality, reasoning, or understanding.  Apparently they really believe 
in magic!

CCS

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[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread Julian Morrison

Craig Spencer wrote:
 Seriously making such an argument indicates the lack of any conceptual
 means to distinguish reality from fantasy.  Such people evidently will
 just try anything at random to see what immediately happens and they
 cannot conceive of any other means of validation.   They do not seem to
 believe in or know about such things as cause and effect, objective
 reality, reasoning, or understanding.  Apparently they really believe
 in magic!

IOW A fool and his money are soon parted. To which I reply: good
riddance to them both.

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[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread Julian Morrison

Steven wrote:
 
 Just humor me, if you will.  I'm new here.
 Perhaps we are not speaking the same language.
 I'm talking about legitimate banking with high returns.
 I'm not sure what this negative feedback is based on.

HYIP is a technical term meaning: investment schemes that are pyramid
scams because their only means of paying interest is the new incoming
savings paid in by suckers. Consequence: the earlier you get into the
game, the more money you make, but nearly all latecomers are just
flushing their money down the drain.

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[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread Craig Spencer

Steven wrote:
 
 Just humor me, if you will.  I'm new here.
 Perhaps we are not speaking the same language.
 I'm talking about legitimate banking with high returns.
 I'm not sure what this negative feedback is based on.

HYIP are not legitimate banking.  They are easily identified scams.  You
only have to ask yourself if the claims they make are consistent with
the nature of the universe (eg effects require causes) we live in.

CCS

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[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread jpm

Just humor me, if you will.  I'm new here.
Perhaps we are not speaking the same language.
I'm talking about legitimate banking with high returns.
I'm not sure what this negative feedback is based on.


A hyip is the usual term for a fun, but silly, pyramid scheme.

Steven, there is no such thing as

legitimate banking with high returns.

If there is, please immediately tell me the name and phone number of 
the bank, and I will be your friend for life.

As far as I know, the highest returns you can get at any legitimate 
bank currently, are about 6% - 6.5% on long-term CDs at some US banks.

Again, if anyone knows any bank, anywhere, that offers high returns 
(presumably, over 8 or even 10 %), please state it!

I would be delighted to hear it.

However, to anyone with even the most cursory knowledge of the 
banking system and the current interest rates of the major central 
banks, it is an obviosity that it is a logical impossibility.



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[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread markab23




 
 Seriously making such an argument indicates the lack of any 
 conceptual 
 means to distinguish reality from fantasy.  Such people evidently 
 will 
 just try anything at random to see what immediately happens and 
 they 
 cannot conceive of any other means of validation.   They do not 
 seem to
 believe in or know about such things as cause and effect, objective
 reality, reasoning, or understanding.  Apparently they really 
 believe 
 in magic!
 
 CCS

It seems to me that CCS  likes to speak in generalities  such as they 
are all bad, they are all thisor that..., when talking about 
MLMs and/or HYIPs.

Does he think that about people I wonder?  This type of person is 'all 
bad' or that type is 'all bad'

Such people often use generalities also to describe other people.  
using such phrases as;
 
.  Such people evidently will just try anything at random to see what 
immediately happens and they cannot conceive of any other means of 
validation.   They do not seem to believe in or know about such things 
as cause and effect, objective reality, reasoning, or understanding.  
Apparently they really believe in magic!

They They They...all the time.  They are bad,  they are scams,  not 
this, or that  but they.  like saying 'All blondes are dumb'  Perhaps 
CCS  is a poor quality tabloid journalist?  Certainly seems to talk 
like one.  Full of generalities and vague non specific statements that 
say not a thing.

MLMs and HYIPs  are not a generality.  Craig is right to ask for 
specifics.  Some are scams some are not.  Just as some people with the 
initials CCS maybe dense and some are not.  Just as not all people with 
the initials CCS are vague and use generalities instead of specifics.

When someone says to you  They say that.blah blah blah.., or 
they are all bad over there!,  ask for specifics,  who or what.  If 
you don';t get the specifics the information is not worth the paper it 
is written on.  Mostly those type of people do not have any hard facts  
only opinions which are couched in a way to sound like facts using a 
liberal dash of generalisation to help them on the way.


That was my spanner in the works

Chuck





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[e-gold-list] HYIP mentality

2001-05-04 Thread Ben Legume

Steven wrote:
 
 Care to elaborate on that HYIP reference ?
 How many have you tried and what were their names.

This is amazing.  I cannot decide between (1) this is just bull or 
(2) a genuine inability to think.

If it is taken seriously then it explains a lot!  

Seriously making such an argument indicates the lack of any 
conceptual means to distinguish reality from fantasy.  Such people 
evidently will just try anything at random to see what immediately 
happens and they cannot conceive of any other means of validation.   
They do not seem tobelieve in or know about such things as cause and 
effect, objective reality, reasoning, or understanding.  Apparently 
they really believe in magic!

Precisely what I've been saying. The suckers who fall for HYIPs seem 
to lack the ability to discern that it's a scam, and when they are 
burnt lack the reasoning to understand why they were burnt (it was a 
scam, the people running it are crooks etc.) and see nothing foolish 
about immediately looking for a similar scheme to give more money to.
In some ways it's similar to 'magical thinking' (as a psychologist 
would put it). I was trying to explain to a friend once, and to be 
honest he isn't very bright, why it was a bad idea for him to invest 
several thousand dollars on worm-farm equipment. I explained to him, 
quite simply, that once he had paid the money and commenced growing 
the worms, there was little likelihood that the promoters would 
actually pay the quoted figure to buy back the worms. He seemed to 
think i was an absolute fool and, flabbergasted, said 'But I've got a 
legal contract!'. I tried to point out to him that a legal contract 
wasn't much use when the promoters moved on and he didn't know where 
they were. He then claimed that he had their phone number
There is also, of course, a strong element of naivete as well, and an 
underlying belief (based on faith of course) that:

They are honest so everyone else must be honest also;

If these people were crooks 'the authorities' wouldn't let them 
operate (which is very funny considering the supposed OS nature of 
many schemes);

Any money they lose will be made good by someone, somewhere.



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[e-gold-list] Cheap airfares?

2001-05-04 Thread Graham Kelly

Guys,
I used to use www.lowestfare.com and get great airfares, but they seem
really expensive now. Can any of you suggest a cheap online company?

I want to fly from LAX to DAL.

Cheers!

Graham Kelly CEO
GoldNow Corporation http://www.GoldNow.St
Phone/Fax +44 (0)709-233-7612
USA Phone/Fax +1(509) 2782268

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