[e-gold-list] The Bananagold Stats Contest.

[jpm]

OK, here it is:





"When will it be useful for large retailers
to accept e-gold?"





Comments: the meaning here is conventional bricks and mortar 
retailers; large retailers means chains (Walmart, specific 
supermarket chains, specific department store chains ... analysts 
will wish to choose their own examples, or may have another 
viewpoint).  'accept' e-gold would mean presumably using a POS device.

A line of enquiry could proceed like this: retailer R has a number of 
different customers N spending S (all of those quantities being 
difficult to know); of the set of humans N a percentage P (currently 
trivial, presumably) use e-gold; that percentage is presumably (?) 
rising.  'useful' may (or may not) mean that that pecentage P reaches 
some critical size (perhaps an arbitrary size - 5 or 10% say - or a 
size found in comparison to historical precedents for new payment 
systems).

As always the contest is absolutely free-form and proceeds in the 
nature of scientific enquiry. . .all premises, methods, theories are 
yours to decide (you may completely reject the approach mentioned in 
the paragraph above, or have another more-clever approach to the 
problem).  A startling single sentence of insight may easily win, or, 
a careful collection of as-is relevant facts may win; a entry may win 
purely for style and presentation or it may win only for content. 
Entries may be a simple text email, papers, feature-length movies, 
talks, a/v presentations, or of any format or concept at all.



The prize for this contest is FOUR (4) grams of gold, and yes, the 
prize is doubling every time.




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[e-gold-list] Quote

[Ben Legume]

>>Regarding news articles, there is a statement that I always 
quote "there is no such thing as bad publicity." The origin is 
unknown, although Brendan Behan (Irish author d. 1964) has been 
quoted as the author.  So, the trick now is to turn this article into 
a good piece.

I think it was Phineas T Barnum who coined the phrase, or at least 
used it?

And remember what Oscar Wilde said also, "The only thing worse than 
having people talking about you is having people not talking about 
you".


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] Rapid Spends

[Khurram Khan]

Ladies and Gents,

  I have released version 1.0 of the xSpender program.  xSpender allows you to import 
a batch payments sheet and have all the spends confirmed with the click of a button.  
It also allows you to export the results in the form of a spreadsheet.  The full 
registered version of the software is 10grams.  You can demo the program which would 
allow you to perform a maximum of 5 spends.  The registered version has no maximums.  
You can find out more by going to http://www.xivix.net

Khurram Khan

==
2 cents worth?

http://two-cents-worth.com/?135153

_
Get email for your site ---> http://www.everyone.net

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[e-gold-list] Re: e-bullion factoids - unencumbered?

[C. Cormier - Ormetal Inc.]

On 8 Jul 2001, at 2:32, major bosco wrote:

> The way it reads to me is *allocated AND segregated* -- In my
> experience that means separate and reserved storage. 

MJ,

I agree with you. Still, it doesn't mean that the gold cannot be 
encumbered. If it is, it should be written explicitely in the user 
agreement, like it is for e-gold and GoldMoney.



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: e-bullion factoids - unencumbered?

[C. Cormier - Ormetal Inc.]

On 8 Jul 2001, at 11:28, [EMAIL PROTECTED] wrote:

> MHO e-gold is still the most superior, correct, governance.

e-gold is very good. But I think that GoldMoney is a little notch 
above.



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: egold for cash

[jpm]

>> Eric, is the REVERSE possible, can you somehow have people pick up
>> cash at banks when they sell e-gold?
>
>Isn't that usually called a bank wire? :)

heh - swift wires aren't worth the paper they're not printed on anymore, eh?

But for small amounts -- I think there is an incredible opportunity 
out there for some market maker to pick up the fone and strike a deal 
with, say, Mailboxes Etc.

Mailboxes Etc (or some similar outfit with retail stores everywhere) 
could be a buyer/seller for small amounts (say 100 to 500 bucks, no 
more or less) of e-gold.

You could walk into a M.E. and get $200 in cash in exchange for e-gold.

The Market Maker could carry all the underlying trades and M.E. would 
just get a coupke percent simply added or subtracted at point of sale 
on each deal.


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[e-gold-list] Re: egold for cash

[Craig Spencer]

Viking Coder wrote:
> 
> > Eric, is the REVERSE possible, can you somehow have people pick up
> > cash at banks when they sell e-gold?
> 
> Isn't that usually called a bank wire? :)

It used to be (about 15 years ago) possible to wire money to any 
bank "for pick up" by anyone (ie a non-customer).  This is no longer 
possible in the US (land of the used-to-be-free).  I don't actually
know where you are; perhaps this is still possible there and you
have freedom that Americans no longer posess. 

CCS

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[e-gold-list] Re: egold for cash

[Viking Coder]

> Eric, is the REVERSE possible, can you somehow have people pick up 
> cash at banks when they sell e-gold?

Isn't that usually called a bank wire? :)


Viking Coder

Worth Two Cents?
http://www.two-cents-worth.com/?VikingCoder

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[e-gold-list] Re: e-bullion factoids - unencumbered?

[major bosco]

The way it reads to me is *allocated AND segregated* -- In my experience 
that means separate and reserved storage.  Also -- if there is ever any 
doubt (I don't know about you but) I can sure afford to redeem a KILO of 
gold allot easier then I can 400oz's.

JB



>From: [EMAIL PROTECTED]
>To: "e-gold Discussion" <[EMAIL PROTECTED]>
>Subject: [e-gold-list] Re: e-bullion factoids - unencumbered?
>Date: Sun, 8 Jul 2001 11:28:51 +1000
>
>>On 7 Jul 2001, at 23:23, [EMAIL PROTECTED] wrote:
>>
>>>"Sound E-currency 100% Backed Metal Reserves in GOOD DELIVERY KILO
>>>BARS Gold (AU) Platinum (PT) Silver (AG)"
>>
>>JP, does it says somewhere that the gold is unencumbered ? Is this like a
>>standard pools offered by the many bullion dealers?
>>
>
_
Get your FREE download of MSN Explorer at http://explorer.msn.com


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[e-gold-list] Re: e-bullion spend fee

[jpm]

>- Original Message -
>From: <[EMAIL PROTECTED]>
>> (2) It seems to be stated that the fee for each spend is almost free
>> - only 1/2 of one cent.
>
>The FAQ states that the transaction fee is a 'fifty cents (USD$ 00.50) fee'
>

Ah.

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[e-gold-list] Re: egold for cash

[jpm]

At 1:05 PM -0400 7/7/01, Eric J. Gaither wrote:
>It is of importance to note that Gaithmans is NOT the lowest priced
>Market Maker in the Community.




I appluad this viwepoint.  Charging too little is just unprofessional.

(ISL's motto as a software company is "Reassuringly Expensive" :) )

Problems facing the market maker community seem to be:



(#1 problem) Appalingly low liquidity.

The eCTA (and any other bodies with the same aim) should require for 
membership that MMs maintain say USD $10,000 and Gold 1 kg of 
liquidity, as a basic measure.  At coconutgold I don't feel 
comfortable if either drops below 50 thousand.


(#2 problem) Charging too little.

If you charge too little in any business enterprise in any field, 
here's what will happen: you go out of business. If you charge too 
little in any business enterprise involing exchange and 
banking-related aspects, here's what will happen: you go out of 
businessa nd the last batch of customers in your system get screwed.


(#3 problem) Giving retail customers unrealistically short time expectations.

Looking at my epnonymous scale http://coconutgold.com/mayscale.html 
there is nothing harder than selling e-gold for other monetary forms. 
Wire transfers, even, take a long time to transfer AND CLEAR (anyone 
who thinks wire transfers can't be revoked, should have nothing to do 
with money), not to mention credit cards.  If you are a retailer you 
make a difficult living in a spot between retail customer and 
wholesaler, it is essential to pass on both your COSTS with a markup 
AND your time-costs with a markup.  Retail customers who have 
unrealstic expectations, screw 'em.



> We charge an average of 5% for Inexchanges
>(minimum fee is $1.00 USD) and we do verify our clients for fraud prevention
>measures.  What we DO offer is Exceptional Customer Service, multiple GBC's,
>metal-to-metal exchanges, bill payments, wire facilities, and Currency
>Consulting Services. All of which is well worth the extra point we charge
>for our service in my humble opinion.
>
>  Our clients are very important to us!




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[e-gold-list] Gold Today Fees Reduced!

[Michael Moore]

In celebration of the first year of business Gold Today has reduced it's
service fee for transactions up to 1500USD by over 20% for a limited time!

The service fee for ALL transactions is now just 7%. This includes all
EZCMoney, Technocash and wired funds transactions (wired funds incur a bank
charge of 10USD on all transactions).  The minimum transaction in all cases
is 250USD except for Technocash where it is 100AU.This is for a limited time
only and expires at the end of July 2001 so take advantage of this offer
now!  All transactions are spent within 48 hours of the funds clearing in
the bank.

If you are in Australia  you can now buy gold with either:
Bank Wire,
Online Deposit
EZCMoney  (Go to the US Page)
Technocash  (either from the Post Office or online!)

If you are in the USA or the rest of the world you can buy gold now either
with:
Online Deposit
EZCMoney
Bank Wire.

Gold Today is truly international and services clients around the world from
Australia to Canada, from HongKong to Sweden and from the US to Great
Britain! Gold Today also provides an information  service including indices,
current exchange rates, spot gold price, purchasing your Tropical Holiday
with gold, informative and valuable books available as well as much much
more.

Visit www.gold-today.com  and buy your Gold ... Today!  There is even music
on the front page!

[EMAIL PROTECTED]
http://www.gold-today.com
Sign up with e-gold today and get grams of e-gold here.
http://www.e-gold.com/newacct/newaccount.ascid=129542
Sign up with osgold and get an osgold account today
http://www.osgold.com/index.php?id=1008
subscribe to the gold-today discussion group at
http://groups.yahoo.com/group/goldtoday



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[e-gold-list] Re: e-bullion factoids - unencumbered?

[jpm]

>On 7 Jul 2001, at 23:23, [EMAIL PROTECTED] wrote:
>
>> "Sound E-currency 100% Backed Metal Reserves in GOOD DELIVERY KILO
>> BARS Gold (AU) Platinum (PT) Silver (AG)"
>
>JP, does it says somewhere that the gold is unencumbered ? Is this like a
>standard pools offered by the many bullion dealers?
>



Excellent point Claude  I do not know.

See my comments on how sloppy gold-bullion-company-pools historically are.

IMHO e-gold is still the most superior, correct, governance.




>So far I see only e-gold and GoldMoney that cleary and explicitely say that
>the gold is free and clear.
>
>Also what do you own exactly when you own e-bullion? Its equivalent in
>USD?  They say that:
>
>". All reserve bullion backing the E–Bullion.com system is allocated and
>remains the property of the E–Bullion Company and E–Bullion account
>holders. "
>
>
>
>
>
>
>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: E-Gold to Paypal

[Eric J. Gaither]

 Offshoresurfer,

  While I (and many others) can understand your desire for remaining
> anonymous for transactions, repeated experience has demonstrated this is
> simply a dangerous manner in which to conduct business.  Scams such as the
> one involving victims from auctions being told to send money to a MM for
> payment of (non-existent) goods have proven that accepting payments
without
> validating the identity of the "endorser" is dangerous, costly, and
> sometimes will involve authorities when the victim learns they have been
> scammed and names the MM as an accomplice. (Which is bullshit, but it does
> happen!)
>
> Blindly conducting business in an "anonymous" fashion (no ID
requested,
> no phone calls to verify identity, ect.) has also shown criminals that the
> e-gold system is a great way to hide their profits and move their victims'
> money.  I do not profess to have the answers to these problems, but I have
> had calls from enough city, State, and Federal investigators over the last
> 14 months to know that some serious laws are being broken by people
> exploiting e-gold's system.  Who can stop them?  I do not know.  I DO know
> that the amount of counterfeit checks, reversed payments, and claims of
> fraud against Gaithmans has dropped to nearly 0% (probably .05) since we
> began requiring ID and a home phone number to call our clients.
>
>What I can suggest is you continue to use the services of MM's that DO
> NOT require ID.  My prediction is that these MM's will continue to have
> problems with fraud, continue to get hit with counterfeit documents,
> continue to have the Auction scams pulled on them, and eventually they
will
> go out of business OR start asking for ID.  You do see on Omnipay's order
> template you must provide a e-mail address and phone number, correct?
This
> is used to validate your order and offer the chance for following up for
> more information.  In a sense, a type of ID without it being a State
issued
> variety.
>
>  What amuses me as a Market Maker is the fact that people are offended
> when I ask for identification.  Are you really so afraid to prove who you
> are?  Is it my concern what you are going to do with your e-gold profits
or
> how you obtained them?  No, unless you did something illegal (auction
scam)
> or try to scapegoat my business for your activities.  Then your damn right
I
> want to know who you are so I can let the Gold Community know we have a
> scammer amongst our group.  If it were not for the large amount of crime
> being committed against my company and clients I would never have asked
for
> ID in the first place.  Trust me, it is cumbersome, costly, and time
> consuming to check ID's and make phone calls.  However, it has cut fraud
> back TREMENDOUSLY here at Gaithmans.
>
> >Euro Gold Line and Omnipay are both very professional and neither
> demand ID.
>
> This is not surprising.  But I am curious, without it, how do they
> complete the Due Diligence that various members of their administration
tout
> on this discussion list?
>
> Curious,
>
> Eric
>
> Eric Gaither, President
> Gaithmans Gold Nation, Inc.
> (317) 788-8580 Voice
>
> [EMAIL PROTECTED]
>
> http://businesses.msn.com/gege/
>
> Gaithmans: your ultimate e-currency exchange service provider!
>
>
>
> - Original Message -
> From: "offshoresurfer" <[EMAIL PROTECTED]>
> To: "e-gold Discussion" <[EMAIL PROTECTED]>
> Sent: Saturday, July 07, 2001 2:45 PM
> Subject: [e-gold-list] RE: E-Gold to Paypal
>
>
>
> > > Just wondered how you would go about deciding which outexchanges were
> "ill
> > > gotten gains"?  Eric said he did verify ID, address, etc., what more
> would
> > > you need to assure yourself that it was "clean" money? ...
> >
> > One key thing is to only accept money from the person with whom you are
> > conducting the transaction. Accepting a third-party wire from a
> third-party
> > like Omnipay is probably not a good idea. In this case it probably
didn't
> > matter, but in general, you wouldn't know if the money you received,
came
> > >from the person whose ID you checked.
>
> I know you guys have to protect yourself from unreasonable law
enforcement,
> but from the point of view of a humble user, it's not really fair to ask
for
> ID on an out-exchange (third party or not) bearing in mind that e-gold is
> basically an anonymous payment system and one can legitimately accumulate
> wealth in it without showing any ID. Personally I just object to people
> asking for my ID on principle when it is none of their business and will
> absolutely boycott any MMs who ask for ID for any transactions. While
there
> are MMs not asking for ID I will always use them and if there are no
more...
> well I might as well just use regular banks. Eurogoldline and Omnipay are
> both very professional and neither demand ID.
>
> offshoresurfer
>
>
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[EMAIL PR

[e-gold-list] e-bullion spend fee

[David Hillary]

- Original Message -
From: <[EMAIL PROTECTED]>
> (2) It seems to be stated that the fee for each spend is almost free
> - only 1/2 of one cent.

The FAQ states that the transaction fee is a 'fifty cents (USD$ 00.50) fee'


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[e-gold-list] Re: 6% a year agio fee!

[SnowDog]

CORRECTION!

> That's a misstatement, and corrected even in the formula provided above.
The
> fee is 1/2 of 1 percent per YEAR, assessed monthly. So 1/2% divided by 12
> per MONTH. = 0.0417% per month. This actually calculates out to be 1.005%
> per year.

That calculates out to be 0.5% per year!

SnowDog




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[e-gold-list] Re: 6% a year agio fee!

[SnowDog]

> [You will be assessed a one half (1/2) of 1% storage fee MONTHLY.  This is
> to offset the costs associated with supplying secure, safe and insured
> storage facilities for the physical bullion.  This fee is calculated upon
> the weight of the metal in individual accounts once a month and is
deducted
> from each account.  The formula is: Account Balance times .50% divided by
12
> (months).]

That's a misstatement, and corrected even in the formula provided above. The
fee is 1/2 of 1 percent per YEAR, assessed monthly. So 1/2% divided by 12
per MONTH. = 0.0417% per month. This actually calculates out to be 1.005%
per year.

SnowDog





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[e-gold-list] Re: e-bullion

[C. Cormier - Ormetal Inc.]

On 7 Jul 2001, at 14:49, Ken Griffith wrote:

> If e-bullion denominates the accounts in dollars, what happens when
> the price of gold goes up or down?  If the dollar weakens, do you have
> less gold in your account?

e-bullion will allow spends in grams and ounces soon... The value 
of e-bullion in the customers account will vary with the spot prices 
of gold and silver like other GBC.


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: e-bullion factoids

[Craig Spencer]

Claude,
 
> > They do say that it is in "allocated" storage.  What that means
> > probably depends on the terms of business of the vault used.  Those of
> > The Perth Mint are probably typical.
> 
> Yes... but it does not stop the firm to create a encumbrance on the 
> gold. Allocated only means "reserved for". I think.

I believe that, for example for The Perth Mint, "allocated" means that
they have specific, unemcumbered items of bullion stored in the
customer's name.  But perhaps E-Bullion itself could encumber the 
title they have to that stored bullion.

CCS


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[e-gold-list] Re: e-bullion

[Craig Spencer]

On Sat, 7 Jul 2001, Ken Griffith wrote:

> If e-bullion denominates the accounts in dollars, what happens when the
> price of gold goes up or down?  If the dollar weakens, do you have less 
> gold in your account?  It doesn't make sense to me.

The accounts are NOT denominated in dollars.  The balances are shown in
ounces and grams with a converted dollar equivalent for convenience.  

But in making a transfer to another account they only allow you to 
specify the amount in dollars (not by weight).  This means that if you
want to transfer a certain weight you must first convert it to dollars 
at the prevailing rate.  Then E-Bullion will convert that back to 
weight (at a rate which may be different than what you used!) and
transfer the weight they calculate (which may be different from
what you intended).  Talk about preposterous!

CCS


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[e-gold-list] Fw: Major typo in your FAQ

[Ken Griffith]

Ah, the 6% per annum was a type, see message below.
- Original Message -
From: [EMAIL PROTECTED]
To: Ken Griffith
Sent: Saturday, July 07, 2001 3:18 PM
Subject: RE: Major typo in your FAQ


Thanks for writing -- you are correct in that this is a typo and could be
confusing.  The storage fee is calculated on an annual basis using a
standard Banking calendar, and this typo will be sent to tech for
correction.

If there may be anything further we can do please let us know.

Regards,

William

E-Bullion Company Inc.
*your global e-commerce hub*
www.e-bullion.com
[EMAIL PROTECTED]

  -Original Message-
  From: Ken Griffith [mailto:[EMAIL PROTECTED]]
  Sent: Saturday, July 07, 2001 12:04 PM
  To: [EMAIL PROTECTED]
  Subject: Major typo in your FAQ


  I am assuming this is a type in your FAQ.  The way the first line is
written it says that your agio fee is 6% per year (0.5% x 12 months).
However, the following line says that your monthly formula is (0.5% divided
by 12 months).  These are contradictory.  I assume that the 0.5% per annum
figure is correct.  Please clarify, thanks.

  Storage Fee

  You will be assessed a one half (1/2) of 1% storage fee monthly.  This is
to offset the costs associated with supplying secure, safe and insured
storage facilities for the physical bullion.  This fee is calculated upon
the weight of the metal in individual accounts once a month and is deducted
from each account.  The formula is: Account Balance times .50% divided by 12
(months).


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[e-gold-list] 6% a year agio fee!

[Ken Griffith]

>From the e-bullion FAQ, emphasis added:

[You will be assessed a one half (1/2) of 1% storage fee MONTHLY.  This is
to offset the costs associated with supplying secure, safe and insured
storage facilities for the physical bullion.  This fee is calculated upon
the weight of the metal in individual accounts once a month and is deducted
from each account.  The formula is: Account Balance times .50% divided by 12
(months).]




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[e-gold-list] e-bullion

[Ken Griffith]

If e-bullion denominates the accounts in dollars, what happens when the
price of gold goes up or down?  If the dollar weakens, do you have less gold
in your account?  It doesn't make sense to me.

Ken


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[e-gold-list] RE: E-Gold to Paypal

[offshoresurfer]

> > Just wondered how you would go about deciding which outexchanges were "ill
> > gotten gains"?  Eric said he did verify ID, address, etc., what more would
> > you need to assure yourself that it was "clean" money? ...
> 
> One key thing is to only accept money from the person with whom you are
> conducting the transaction. Accepting a third-party wire from a third-party
> like Omnipay is probably not a good idea. In this case it probably didn't
> matter, but in general, you wouldn't know if the money you received, came
> >from the person whose ID you checked.

I know you guys have to protect yourself from unreasonable law enforcement, but from 
the point of view of a humble user, it's not really fair to ask for ID on an 
out-exchange (third party or not) bearing in mind that e-gold is basically an 
anonymous payment system and one can legitimately accumulate wealth in it without 
showing any ID. Personally I just object to people asking for my ID on principle when 
it is none of their business and will absolutely boycott any MMs who ask for ID for 
any transactions. While there are MMs not asking for ID I will always use them and if 
there are no more... well I might as well just use regular banks. Eurogoldline and 
Omnipay are both very professional and neither demand ID.

offshoresurfer


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[e-gold-list] Re: : RE: E-Gold to Paypal

[Vince Callaway]

> Can you help me. I have been looking for someone who exchanges between
> e-gold and paypal.  I am not sure who here said this so I didn't know who to
> contact.

http://www.freedomhound.com

One of these days I will have to remember to include my URL in my
messages.


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[e-gold-list] : RE: E-Gold to Paypal

[Alfred Jones]

Can you help me. I have been looking for someone who exchanges between
e-gold and paypal.  I am not sure who here said this so I didn't know who to
contact.

 "I pay out in Paypal."  This is a quote from the following.

> - Original Message -
> From: "Vince Callaway" <[EMAIL PROTECTED]>
> To: "e-gold Discussion"
> <[EMAIL PROTECTED]>
> Cc: "e-gold Discussion"
> <[EMAIL PROTECTED]>
> Sent: Thursday, July 05, 2001 11:08 AM
> Subject: [e-gold-list] RE: E-Gold to Paypal
>
>
> > On Wed, 4 Jul 2001, Graham Kelly wrote:
> >
> > > Ian,
> > > I tend to agree, but I learned a long time ago,
> that people who undercut
> > > a service fee-wise, are generally not around a
> while later... so I've
> > [snip]
> >
> > Not always true.
> >
> > There is zero risk in outexchanging E-Gold and you
> have to get it from
> > somewhere.
> >
> > Like any business rates are adjusted according to
> the market.  I was
> > paying 2% for peoples E-Gold.  I pay out in
> Paypal.  I was getting to the
> > point where I was buying more E-Gold than I was
> selling.  I dropped the 2%
> > and now things are working well.
> >
> > I also increased my in-exchange rate to 10%.  The
> only payments I use are
> > Paypal.  I do address and phone verification on
> all new customers.  That
> > can get somewhat expensive.
> >
> > The ironic part is since I raised my rate from 8%
> to 10% my order volume
> > has increased.

> >
> > Go figure.
> >
> >
> > ---
> > You are currently subscribed to e-gold-list as:
> [EMAIL PROTECTED]


Thank You for any help you can give me.

  Alfred Jones
  [EMAIL PROTECTED]

P.S.  I can give verification of my home address and phone number to the
proper person.>
> Cc: "e-gold Discussion"
> <[EMAIL PROTECTED]>
> Sent: Thursday, July 05, 2001 11:08 AM
> Subject: [e-gold-list] RE: E-Gold to Paypal
>
>
> > On Wed, 4 Jul 2001, Graham Kelly wrote:
> >
> > > Ian,
> > > I tend to agree, but I learned a long time ago,
> that people who undercut
> > > a service fee-wise, are generally not around a
> while later... so I've
> > [snip]
> >
> > Not always true.
> >
> > There is zero risk in outexchanging E-Gold and you
> have to get it from
> > somewhere.
> >
> > Like any business rates are adjusted according to
> the market.  I was
> > paying 2% for peoples E-Gold.  I pay out in
> Paypal.  I was getting to the
> > point where I was buying more E-Gold than I was
> selling.  I dropped the 2%
> > and now things are working well.
> >
> > I also increased my in-exchange rate to 10%.  The
> only payments I use are
> > Paypal.  I do address and phone verification on
> all new customers.  That
> > can get somewhat expensive.
> >
> > The ironic part is since I raised my rate from 8%
> to 10% my order volume
> > has increased.

> >
> > Go figure.
> >
> >
> > ---
> > You are currently subscribed to e-gold-list as:
> [EMAIL PROTECTED]


Thank You for any help you can give me.

  Alfred Jones
  [EMAIL PROTECTED]

P.S.  I can give verification of my home address and phone number to the
proper person.


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[e-gold-list] Re: egold for cash

[Eric J. Gaither]

JP,

   Thanks for noticing!

Our current site is actually located at:

http://businesses.msn.com/GEGE/as   www.gaithmans.com  is under
construction.

Regarding your question, the opposite is not true at this time.  You may
make a cash deposit at any of our bank locations by obtaining a deposit
ticket, completing it with our Business account information, then depositing
CASH with the teller.  Orders are filled generally in less than 24 hours.

Our outexchange process is rather typical of most Market Makers.  We
send out company checks, cashiers checks, money orders, bank wires, and soon
will be utilizing ACH transfers.  Clients picking up CASH from one of our
banks is not currently an option.

Gaithmans has set out to evolve along with the Gold Economy and we are
continuously studying the market and our clients' needs. We are completing
negotiations that will be dramatically improving our clients access to
multiple digital currencies and related services.

It is of importance to note that Gaithmans is NOT the lowest priced
Market Maker in the Community.  We charge an average of 5% for Inexchanges
(minimum fee is $1.00 USD) and we do verify our clients for fraud prevention
measures.  What we DO offer is Exceptional Customer Service, multiple GBC's,
metal-to-metal exchanges, bill payments, wire facilities, and Currency
Consulting Services. All of which is well worth the extra point we charge
for our service in my humble opinion.

  Our clients are very important to us!

Eric Gaither, President
Gaithmans Gold Nation, Inc.
(317) 788-8580 Voice

[EMAIL PROTECTED]

http://businesses.msn.com/gege/

Gaithmans: your ultimate e-currency exchange service provider!



- Original Message -
From: <[EMAIL PROTECTED]>
To: "e-gold Discussion" <[EMAIL PROTECTED]>
Sent: Saturday, July 07, 2001 9:58 AM
Subject: [e-gold-list] egold for cash


> I just observed that
> http://www.gaithmans.com/
>
> Eric's fine Market Maker servce offers the ability to pay CASH for
> gold, at many major banks and he's adding more all the time.
>
> Fantastic!
>
> Eric, is the REVERSE possible, can you somehow have people pick up
> cash at banks when they sell e-gold?
>
> JPM
>
> ---
> You are currently subscribed to e-gold-list as: [EMAIL PROTECTED]
> To unsubscribe send a blank email to
[EMAIL PROTECTED]
>

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[e-gold-list] Re: On "Crooks vs. honest people"

[Steve Schear]

At 10:36 AM 7/6/2001 -0400, Craig Spencer wrote:
>Julian Morrison wrote:
>
> > a) If you do business with unidentified people, you can be dragged into
> > their crimes, you can be swindled, and you can help crime in general
> > prosper.
>
>Strictly speaking the problem is not that they are unidentified.  It is
>that they are criminals.  Identification may filter out some of the
>criminals but it does not filter out all of them and it interferes
>with some perfectly legitimate business.
>
> > b) If you force identity and audit trail of all people, you leave people
> > no way to bypass pseudocrimes such as being unwilling to be bled white
> > by elected thieves. Plus you have to raise your prices to cover the
> > workload of playing detective over every transaction.
>
>Right.
>
> > The main problem with (a) assuming you're smart enough not to buy into a
> > scam is that of unidirectional anonymity. They know and can tell that
> > they dealt with you; you don't know them from Adam.
>
>I don't see why unidirectional anonymity *per se* is a problem.  Unless
>you mean it allows the innocent, identified party to be scapegoated for
>the crimes of the unknown.  ???
>
> > So the solution
> > focusing on (a) is *bidirectional anonymity*. For example an automated
> > MM system that matches "want to buy" against "want to sell" in such a
> > way as to make an audit trail impossible.
>
>That would be a good business.  But I don't see it as addressing the
>crime problem.
>
> > The problem with (b) comes in two parts: first, the state requiring you
> > to prevent pseudocrimes, second the waste of time and effort. To the
> > first part, the solution is validated pseudonymous reputation. To the
> > second, an external service providing reputation services. You only deal
> > through them, and so you can evaluate the trustworthiness of a mask
> > without being required to inform on its wearer.
>
>I think this is a good and promising idea.  But I am not sure it is a
>complete solution.  It would have to be tried and its consequences
>observed.
>
>For this end I have in the past made the following suggestion to a few
>persons on this list.  Establish a functioning PGP path server and sell
>access to its services.  [I lack the means, both financial and
>intellectual, to do this myself.]  MMs or whoever could use this tool in
>many ways of their own devising to verify nymous reputation.
>
>A path server is somewhat like existing key servers but finds and
>provides
>endorsement paths between PGP keys.  There have been path servers in
>operation in the past
>  http://www.rubin.ch/pgp/pathserver
>but they seem to have gone defunct.

How about http://dtype.org/keyanalyze/

steve


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[e-gold-list] To market makers

[Welcum]

Hi,

  A  new domain (NON-adult !) will open, reserved for e-gold users. We
  are  looking  for  ONE  market  maker that we would recommend on our
  website.

  He  must  accept  payments  by  IMO,  or  any  other way for *small*
  amounts.


  Please contact us by email for details.

  Thanks,

Steve
www.welcum.net
CHEAP Adult webhosting: $100/year!


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[e-gold-list] "What's e-gold" ?!

[Welcum]

Hi,

  We  are  going  to  open  a new domain for e-gold users, and want to
  write  a  short introduction about "what's e-gold", for the newbies.
  After reading this, they should run to open their account :-)

  Where could I find some short and good text ?

  Thanks

Steve
www.welcum.net
CHEAP Adult webhosting: $100/year!


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[e-gold-list] Re: Crooks vs. honest people

[Steve Schear]

At 12:45 AM 7/6/2001 -0400, you wrote:
>Michael Moore wrote:
>
> > this has been an ongoing problem in commerce  and banking and part of
> > the answer  (not the right one perhaps) has been to introduce the 'know
> > your customer' policy.  Unfortunately this also tends to cut across the
> > rights of the individual.  So the problem is where do you draw the line
> > between the rights of the individual and the efforts to curb criminal
> > activities?
>
>Yes, that is the problem.  Or more to the point how to eliminate any
>need
>to trade off between the two.
>
> > So far there has not been an effective solution to this problem.  The
> > 'Authorities' take the stance of suspect everyone and introduce various
> > restrictive legislation (hence their 'know your customer' policy) as,
> > from their viewpoint, curbing criminal activities is more important
> > than civil rights.
>
>IMO, the most important thing for authorities throughout history and in
>all places has been to curb civil rights.  The petty activities of their
>freelance criminal bretheren are just a convenient excuse.
>
>You gave a good description of the situation.  But we need some new
>ideas for solutions.

A solution is to use jurisdictional arbitrage to limit the financial 
exposure of the corporation and criminal exposure of the exchange 
operators.  In the U.S. only corporate officers and those evidencing direct 
control (e.g., signing checks) can be held accountable for the activities 
of the corporation.  All of a U.S. corporation's officers can be foreign 
citizens.  If those citizens are in countries without extradition treaties 
or which refuse extradition for activities which are not criminal in their 
boarders...

steve


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[e-gold-list] Re: e-bullion factoids

[C. Cormier - Ormetal Inc.]

On 7 Jul 2001, at 13:13, Craig Spencer wrote:

> They do say that it is in "allocated" storage.  What that means
> probably depends on the terms of business of the vault used.  Those of
> The Perth Mint are probably typical.

Yes... but it does not stop the firm to create a encumbrance on the 
gold. Allocated only means "reserved for". I think.
 
> It is *irritating* that they won't let you make transfers denominated
> by weight.

That I agree.

Claude



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[e-gold-list] Re: e-bullion factoids

[Craig Spencer]

Claude,
 
> So far I see only e-gold and GoldMoney that cleary and explicitely say 
> that the gold is free and clear.

They do say that it is in "allocated" storage.  What that means probably
depends on the terms of business of the vault used.  Those of The Perth 
Mint are probably typical.
 
> Also what do you own exactly when you own e-bullion? 

What you own is the right to redemption in bullion (under certain
conditions
and with certain fees, etc.).  All else is meaningless verbiage.

It is *irritating* that they won't let you make transfers denominated by 
weight.

Best,

CCS

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[e-gold-list] Re: Digigold vs Systemics

[George Matyjewicz]

At 7/7/2001 06:31 AM -0700, Dagny Taggart wrote:
> >
> > Sounds like the making of a foreign spy novel -
> > sex, money, power and
> > deception.  I didn't realize the Khan sisters, while
> > gorgeous young ladies,
> > were such vixens.
>
>George, you better be careful what you say about
>people without proof.

When you are "quoting" me, please do not take it out of context.  There was 
a BIG smiley "" after that statement.  I think very highly of the Khan's 
- all three of them.

George


__
George Matyjewicz,  President/General Manager
Standard Transactions (BVI) Limited
World Wide Currency for the World
http://www.standardreserve.com
mailto:[EMAIL PROTECTED]


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[e-gold-list] Re: e-bullion factoids

[C. Cormier - Ormetal Inc.]

On 7 Jul 2001, at 23:23, [EMAIL PROTECTED] wrote:

> "Sound E-currency 100% Backed Metal Reserves in GOOD DELIVERY KILO
> BARS Gold (AU) Platinum (PT) Silver (AG)"

JP, does it says somewhere that the gold is unencumbered ? Is this like a
standard pools offered by the many bullion dealers?

So far I see only e-gold and GoldMoney that cleary and explicitely say that
the gold is free and clear.

Also what do you own exactly when you own e-bullion? Its equivalent in
USD?  They say that:

". All reserve bullion backing the E–Bullion.com system is allocated and
remains the property of the E–Bullion Company and E–Bullion account
holders. "






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: The Dollar

[Bob]

R. A. Hettinga wrote:

> Bruce Bartlett (back to story)
> 
> July 7, 2001
> 
> The Dollar
 
> Manufacturers and farmers are especially sensitive to changes in the value
> of the dollar, as they must compete head-to-head on international markets
> with producers of essentially the same products. A barrel of corn, 

Screw the US farmer. That's what they are doing to the US taxpayer. Most
don't know how to run an honest farming business.

 
> The dollar has risen pretty much steadily against most major currencies
> since the Mexican financial crisis in 1995. 

Gee, I wonder why? It's because capital goes where it's best treated.
Currently that's the US. This will change. History and human nature
says this. And it will catch the crowds by surprise.


> The reason why the dollar has continued to rise in the face of large
> deficits is because there is a scarcity of dollars in the world economy.

Here we have it. The reason why a statest economist (political lapdog)
is 
talking this ragtime. He's trying to set people up for, get 'em
comfortable
with, inflation, a speeding up of the printing presses.

"scarcity of dollars", what popycock. The world is awash in USD. Wait
till
they come flooding back to the US.

The problem is that the phony surplus that the US politicians say we
have,
has theoretically dried up, and our politicians can't see where they are
going to get the USD to spend, that they want to spend. They can raise
taxes just so much. They can go to the debt markets just so much.
They're
only recourse after that is simply to print it.

Yo, Barret! Front and center! We got a job for you're mouth!

Bob


Budget surplus vanishing
http://www.csmonitor.com/durable/2001/07/06/fp1s2-csm.shtml




The full post (if you want to wade through Barret's crap):



Subject: 
The Dollar
  Date: 
Sat, 7 Jul 2001 06:49:49 -0400
  From: 
"R. A. Hettinga" <[EMAIL PROTECTED]>
To: 
Digital Bearer Settlement List <[EMAIL PROTECTED]>


QUICK LINKS: HOME | NEWS | OPINION | RIGHTPAGES | CHAT | WHAT'S NEW

townhall.com

Bruce Bartlett (back to story)

July 7, 2001

The Dollar

Pressure is building on Treasury Secretary Paul O'Neill to do something
about the soaring value of the dollar. Although a strong dollar is good
for
consumers, because it makes foreign goods cheaper, it is harmful to
exporters, by making U.S. goods more expensive on world markets. The
result
is a widening trade deficit, as imports increase while exports stagnate.

Manufacturers and farmers are especially sensitive to changes in the
value
of the dollar, as they must compete head-to-head on international
markets
with producers of essentially the same products. A barrel of corn, after
all, is pretty much the same everywhere, so purchasers buy almost
entirely
based on price. If they have to spend more lira, yen or rubles to buy
corn,
even if it's only because the dollar has risen against their currency,
then
they are going to buy it someplace where it is cheaper.

This is a source of great frustration to many American businesses,
because
in many cases they are the world's most efficient producers. But their
advantage in terms of productivity has been offset by forces beyond
their
control, namely exchange rates. That is why the National Association of
Manufacturers and other business groups are pressuring O'Neill to
intervene
in financial markets to bring the dollar down against foreign
currencies.

The dollar has risen pretty much steadily against most major currencies
since the Mexican financial crisis in 1995. At that time, the Treasury
was
forced spend large sums from its Exchange Stabilization Fund to help
support the peso. This had the effect of driving the dollar down
vis-a-vis
other currencies. Subsequently, however, the dollar moved sharply
upward,
with just a slight dip for the Asian financial crisis in 1998.

In 1995, $1 would buy 94 yen. Today, it will buy 122 yen. One dollar
would
have bought $1.37 worth of Canadian goods in 1995. Today, $1 will buy
$1.52
worth of Canadian goods. The same story can be repeated almost across
the
board. The Federal Reserve's index of the dollar's value against major
currencies, adjusted for inflation and weighted by trade, shows an
increase
of 39 percent in the last 6 years. This means that prices of U.S. goods
would have to fall by 39 percent in real terms just to stay competitive
on
international markets.

Considering that the U.S. trade and current account deficits have risen
to
record levels, this is a remarkable performance. In theory, such
deficits
should cause a currency to weaken, thus bringing about an automatic
readjustment. Yet the trade deficit just keeps getting bigger. Last
year,
the United States imported $449 billion more goods than it exported.
Taking
services into account improved the figure somewhat, to a deficit of just
$368 billion. But because foreign-owned companies in the United States
earned more than U.S.-owned companies abroad, the current account
deficit

[e-gold-list] egold for cash

[jpm]

I just observed that
http://www.gaithmans.com/

Eric's fine Market Maker servce offers the ability to pay CASH for 
gold, at many major banks and he's adding more all the time.

Fantastic!

Eric, is the REVERSE possible, can you somehow have people pick up 
cash at banks when they sell e-gold?

JPM

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[e-gold-list] Re: Digigold vs Systemics

[R. A. Hettinga]

At 9:07 AM -0400 on 7/7/01, George Matyjewicz wrote:


> And who is Andrew Osterman who also contributed to the article?

Declan's summer intern, I think...

Cheers,
RAH

-- 
-
R. A. Hettinga 
The Internet Bearer Underwriting Corporation 
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'

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[e-gold-list] turnaround?

[jpm]

http://www.kitco.com/charts/livegold.html

you could see the price heading up for a little while at this point .. maybe!


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[e-gold-list] Re: Digigold vs Systemics

[Dagny Taggart]

--- George Matyjewicz
<[EMAIL PROTECTED]> wrote:
> At 7/6/2001 01:40 PM -0400, Viking Coder wrote:
> > > There is an article about the Digigold vs
> Systemics dispute on Wired.
> > > It also contains brief parts about Charles
> Evans, Gold-Age and EE-Biz.
> > >
> > >
> http://www.wired.com/news/ebiz/0,1272,44967,00.html
> >
> >Written by our good ole friend, Declan. He seems to
> be finally figuring
> >out what e-gold is actually about.
> 
> And who is Andrew Osterman who also contributed to
> the article?
> 
> Sounds like the making of a foreign spy novel - 
> sex, money, power and 
> deception.  I didn't realize the Khan sisters, while
> gorgeous young ladies, 
> were such vixens. 

George, you better be careful what you say about
people without proof.

> And since the worked for Charles,
> was he running a spy 
> network . 

I thought Barry Downey, Douglas Jackson and his Family
were running the show?
How can one employee be so badly managed that he is
now being made responsible for all management
shortcomings?
Maybe Charles is also responsible for Global Warming?

> Can't wait to see the movie.
> 
> Regarding news articles, there is a statement that I
> always quote "there is 
> no such thing as bad publicity."

Is that why you post so much bogus? I guess any post
from you will give your company some attention?

 The origin is
> unknown, although Brendan 
> Behan (Irish author d. 1964) has been quoted as the
> author.  So, the trick 
> now is to turn this article into a good piece.
> 
> G

Dagny



__
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Get personalized email addresses from Yahoo! Mail
http://personal.mail.yahoo.com/

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[e-gold-list] Poor reporting (wasRe: Digigold vs Systemics

[George Matyjewicz]

At 7/7/2001 01:47 PM +1000, [EMAIL PROTECTED] wrote:

>>Written by our good ole friend, Declan. He seems to be finally figuring
>>out what e-gold is actually about.
>
>I think as a reported the man just has a (correct) healthy scepticism of 
>everything. That is the natural and correct posture for reporters.
>
>Reporters dont' (usually) (unfortunately!) just politely print the Press 
>Release view of things -- this is can be disappointing :)

A lot of that is the fault of the publication, which is why folks put faith 
in certain factual publications.  I have written thousands of press 
releases over the years, many through my automated press release 
service.  I have also been writing a column for a major giftware magazine 
for over six years.  My editor would never allow me to submit an article 
unless the source has been checked, and the counter opinions have been 
expressed.  It's poor journalism and they could be sued for libel.

Unfortunately the public often doesn't distinguish between accurate 
reporting and not.   You can always justify your own position by 
quoting  certain sources.  And many PR folks do just that, which is why 
they are called spin doctors.

G





>>Viking Coder
>>
>>Worth Two Cents?
>>http://www.two-cents-worth.com/?VikingCoder
>
>
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__
George Matyjewicz,  President/General Manager
Standard Transactions (BVI) Limited
World Wide Currency for the World
http://www.standardreserve.com
mailto:[EMAIL PROTECTED]


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[e-gold-list] e-bullion factoids

[jpm]

>I notice that the e-Bullion site has opened for business.
>http://www.e-bullion.com/
>
>Dave Brooks
>Bricks of Gold
>[EMAIL PROTECTED]



(1) Agio at e-bullion is 1/2 of one percent per annum.  Compare one 
full percent at e-gold.  Finally some pressure on e-gold to reduce 
their agio a bit!


(2) It seems to be stated that the fee for each spend is almost free 
- only 1/2 of one cent.


(3) The Spendor, not the receivor, pays the spend fee.


(4) A possibly big point: all gold at e-bullion is KILOBARS.  None of 
these 400 oz bars.  I think that is way clever.  It makes the gold 
feel much more bailable and redeemable.  I think that's very clever. 
I figured if i started a FAGWANE it would be called "kilogold.com" 
and offer that as a major, central benefit over e-gold.

"Sound E-currency 100% Backed Metal Reserves in GOOD DELIVERY KILO 
BARS Gold (AU) Platinum (PT) Silver (AG)"

[HOWEVER: on the "bailing in metal" page it confusingly states you 
can bail in other-than-kilo-sized bars. Also this page is crapped up 
http://www.e-bullion.com/reserve.php and runs in oz not grams, for 
some reason.]


(5) If you're bailing in bars, it is $3.75 per ounce.  IE, $1500 to 
suck 400 oz bars from e-gold to e-bullion.


(6) Software - seems to be a simple reliable PHP system.  They seem 
to have a nice coloc facility.  Also "The E-Bullion network was 
designed and tested by a crack team of the industry's leading 
security specialists." Wow!  :)


(7) Market Makers -- e-bullion seems to be it's own only market 
maker.  You can only fund by bank wire or certified check.  No credit 
cards.


(8) Debit Cards -- they seem to be in the process of hooking up a 
debit card facility; that would probably be their most popular point 
over e-gold.


(9) Exchange rate -- on each of the occasions I checked, the 
e-bullion exchange rate was the same as the e-gold one.

{In the future, there is no question that there needs to be clearing 
between e-gold, e-bullion, goldgrams, and anything else that claims 
it is 100% unencumbered bailed physical atoms of gold.  (ie: it 
either is, or is not, physical atoms of gold - the rest is talk -- if 
it is physical atoms of gold, they can clear equally .. just as in 
any historic situation where free money existed, there would have to 
be central clearing between the competitors, it will spontaneously 
arise.)  If there is central clearing between e-gold, e-bullion, etc, 
by definition all would have to use identical exchange rates all the 
time for the major currencies, or there would be an easy arbitrage 
opportunity.}


(10) e-bullion does NOT seem to have any facilities programmed in for 
shopping cart / merchant automation


(11) Opening an account is about the same amount of info as e-gold .. 
maybe a little more required.


(12) This confusing comment in the FAQ does not seem to understand 
the difference between APR and EFF

"Storage Fee You will be assessed a one half (1/2) of 1% storage fee 
monthly.  This is to offset the costs associated with supplying 
secure, safe and insured storage facilities for the physical bullion. 
This fee is calculated upon the weight of the metal in individual 
accounts once a month and is deducted from each account.  The formula 
is: Account Balance times .50% divided by 12 (months)."

whereas the comment in the user agreement is clearer:

"STORAGE FEES User acknowledges a storage fee will apply to the 
User's account balance.  a.This storage fee will be calculated on a 
per annum basis, using a standard banking calendar, and assessed on a 
monthly basis. b.The storage fee will be one-half of 1% percent (of 
account value/balance) per annum, assessed monthly. "


(13) There seems to be about 20 kilos in reserve currently.



DANGER:  All gold bullion shops offer "pool" and sometimes "pool 
segregated" accounts.  These are -- crap.  The concept of the metal 
in the storage actually matching the numbers in the pools, in these 
"pool accounts" is very vague, and that's how all bullion shops are.

e-gold appears to be perfectly "tight", e-gold would never just slop 
around (perhaps "knowing that gold will come soon", for instance), 
it's perfectly 1:1.   Gold bullion shops "pool" acocunts are the 
oppostie of that, just crap approiximations, they often slop around 
and make approximations, etc.

There's a danger that since e-bullion comes FROM the 
gold-bullion-shop-world, they may adopt a similarly loose posture 
about 1:1-ness.  Hopefully e-bullion will reassure everyone on this.






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[e-gold-list] Re: Digigold vs Systemics

[George Matyjewicz]

At 7/6/2001 01:40 PM -0400, Viking Coder wrote:
> > There is an article about the Digigold vs Systemics dispute on Wired.
> > It also contains brief parts about Charles Evans, Gold-Age and EE-Biz.
> >
> > http://www.wired.com/news/ebiz/0,1272,44967,00.html
>
>Written by our good ole friend, Declan. He seems to be finally figuring
>out what e-gold is actually about.

And who is Andrew Osterman who also contributed to the article?

Sounds like the making of a foreign spy novel -  sex, money, power and 
deception.  I didn't realize the Khan sisters, while gorgeous young ladies, 
were such vixens.  And since the worked for Charles, was he running a spy 
network .  Can't wait to see the movie.

Regarding news articles, there is a statement that I always quote "there is 
no such thing as bad publicity." The origin is unknown, although Brendan 
Behan (Irish author d. 1964) has been quoted as the author.  So, the trick 
now is to turn this article into a good piece.

G


>Viking Coder
>
>Worth Two Cents?
>http://www.two-cents-worth.com/?VikingCoder
>
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__
George Matyjewicz,  President/General Manager
Standard Transactions (BVI) Limited
World Wide Currency for the World
http://www.standardreserve.com
mailto:[EMAIL PROTECTED]


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[e-gold-list] Re: e-Bullion is online

[SnowDog]

Looks really good, (especially if the fee is 1/2 of 1 cent per transaction).
The only thing I'm disappointed with is that all transactions are entered in
the USD value of the metal. You can't send someone 10 grams of e-bullion
gold. Also, what is the name for the currency? e-Bullion Gold and e-Bullion
Silver?

SnowDog



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[e-gold-list] Re: e-Bullion is online

[SnowDog]

> It looks like to be a very promising new addition to the ranks of real
> GBCs. There is only 1 issue that I have with their service - their
> transaction fee. They charge a flat transaction fee of 50 US cents. This
> makes them highly unsuitable for micro transactions (