[e-gold-list] You want controversy?!
It's Monday! http://www.planetgold.com http://www.planetgold.com http://www.planetgold.com http://www.planetgold.com New article. Oh brother! --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that e-metal is a wonderful holiday gift? Avoid the hassle this year!
[e-gold-list] virtu-pay
I don't know if this topic has been discussed on this list yet because the list search engine isn't very good. I searched on virtu-pay and got lots of search results which don't have that word in them. I searched on virtu and v$ and got no results. Anyway, I discovered this site: https://www.virtu-pay.com Does anybody know about this company? Vincent --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that e-metal is a wonderful holiday gift? Avoid the hassle this year!
[e-gold-list] Re: e-gold-list digest: November 18, 2001
At 04:00 19/11/01 , you wrote: I'm happy to announce a new gold exchange gold1st.com, which provides free ATM cards to its customers which can be used to buy gold as well as receive money on. What's the URL for the cards. You don't list it clearly on your site. Best Robert http://www.dangerousbooks.com --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that e-metal is a wonderful holiday gift? Avoid the hassle this year!
[e-gold-list] Rahn: Defeating Deflation
http://interactive.wsj.com/archive/retrieve.cgi?id=SB1006122442187106640.djmtemplate=printing.tmpl November 19, 2001 Commentary Defeating Deflation By Richard W. Rahn. Mr. Rahn, a senior fellow at the Discovery Institute and adjunct scholar at the Cato Institute, is the author of The End of Money and the Struggle for Financial Privacy. Deflation is upon us. Put another way, the U.S. economy is now experiencing a sustained reduction in the general level of prices. Last month, the Producer Price Index posted its biggest decline on record, 1.6%, and the Consumer Price Index fell by 0.3%. All of the major commodity price indices are down by 11% to 20% for the year. Many commodity prices are even below where they were 10 years ago. The only question is whether this deflation will be short-lived, or turn into the kind of problem Japan has been experiencing for a decade. We normally view falling prices positively because we can buy more with our money. We have become used to falling computer prices, and we all view this as a good thing. Computer companies, meanwhile, were able to sustain price-cutting because they made enormous technological and productivity advances. Other industries, such as the luxury restaurant business, have had slightly increasing prices, as their labor costs rose more rapidly than their productivity gains. Yet as long as the price declines in some goods and services roughly matched the price increases in other goods and services, we had overall price stability. Price stability is desirable because it enables producers, consumers, debtors and lenders to make long-term plans. Unanticipated inflation or deflation leads to a misallocation of resources, increased risk, and lower levels of investment and growth. Deflation, like inflation, upsets stability and inflicts unexpected hardships. Many producers of commodities, as well as many high-tech and telecom companies, borrowed large amounts of money to finance their expansion. This was done under the reasonable expectation that the Federal Reserve would maintain stable money. The companies expected their prices would fall no faster than their productivity increased. However, the Fed supplied too little money, and their prices fell more rapidly than expected. As a result, they have been less able to service their debt. Other problems will follow. Unless deflation is quickly stopped, key assets such as real estate will also begin to fall in price. Deflation means that debtors must pay back in more valuable dollars than the ones they borrowed. And those who live off interest from their savings, as do many retirees, will suffer as the rate of interest drops because of deflation. The Federal Reserve has been increasing the money supply rapidly in recent months. If this had been done earlier, it would have stopped the deflation. Unfortunately, the Fed waited to start cutting interest rates until after much of the high-tech sector was in a depression. Sensitive prices began falling many months before Sept. 11, and the Fed was all too slow to realize its tight money policies were killing economic growth. Theoretically, if the Fed cuts interest rates and increases the money supply, businesses and individuals should find it easier to borrow money and service their debt, and the economy should expand. But because the Fed waited, businesses were in a riskier situation from the falling prices of their products, and lenders added additional risk premiums to loans. Now, even though inter-bank interest rates have fallen, the real rate of interest has actually risen for many less credit-worthy borrowers and consumers. Once this process starts, the ability of the Fed to reignite the economy is limited. The recent large increase in the supply of money has not gone into additional purchases or a rise in asset prices because people expect prices to fall and hold their cash. This means the velocity of money (the number of times a dollar turns over in a year) is falling. The Japanese have been in this dilemma for a decade and, though interest rates are now virtually zero, their economy remains stagnant. The Japanese have tried to spend their way out of the mess. The only result is that the Japanese now have a government debt several times ours on a per-capita basis and no growth. The Keynesian crowd has argued that the increase in debt should cause massive inflation and high interest rates. In fact, supply-side economists correctly predicted that tight monetary policy would lead to deflation despite massive increases in government spending and taxation. None of us know with certainty when the economy will grow again. A plausible case can be made that the fundamentals of the economy are strong and that as soon as the uncertainty about the war begins to abate, the Fed's injection of money will have its desired effect. The velocity of money will increase, leading to a quick demise of deflation and a return to strong growth. An equally plausible case can
[e-gold-list] Re: virtu-pay
list search engine isn't very good. I searched on virtu-pay and got lots of search results which don't have that word in them. Actually, the search did exactly what it was supposed to. Most search ignore punctuation-like characters. So when you search for virtu-pay, the computer looked for all messages with the terms virtu and pay. There were 0 matches for virtu and lots of matches for pay. Viking Coder Worth Two Cents? http://www.two-cents-worth.com/?VikingCoder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that e-metal is a wonderful holiday gift? Avoid the hassle this year!
[e-gold-list] Gaithmans doors will be closed 11/21/01 to 12/03/01
Ladies and Gentlemen, Clients, Competitors and Associates: Gaithmans Gold Nation, Inc. is pleased to announce that our corporate offices, bank accounts, digital accounts, and all other transactional activity will be CLOSED ( as in nothing will be processed ) during the following times and dates: We will close @ 5 pm EST 11/21/01 (Wednesday) (Happy Thanksgiving!) We will not re-open until @ 9 am EST 12/03/01 (Monday) Our closure will last for 12 solid days. During this time, absolutely, positively, without prejudice, all activity for Gaithmans Gold Nation will halt. No transactions will be processed. No fundings will be completed. No outexchanges will be accepted. In short, believe it or not, we will be CLOSED. **Please note: As of 11/21/01 at 5 pm EST, Gaithmans Gold Nation, Inc. will NO LONGER accept any form of mailed payments. This includes: Money Orders Postal Orders ALL checks (Personal, Company, Corporate, Third Party, Affiliate payment, Cashiers, and Certified) We will begin outsourcing this payment option to several of our newly gained affiliates. More information will be posted during our closure period. We encourage all clients and wholesale buyers to withhold payment to Gaithmans (bank wires, Cash deposits, money orders, currency-to-currency transactions) from Wednesday 11/21/01 at 5 pm EST until Monday 12/03/01 at 9 am EST. Any payments or transactions received during that period WILL NOT be processed until 12/03/01. This posting shall serve as official notice and will be posted again as a reminder. NO exceptions will be made to this halt in processing. Respectfully, The Gaithmans Gaithmans Gold Nation, Inc. (317) 788-8580 Voice [EMAIL PROTECTED] http://www.gaithmans.com Gaithmans: your digital currency destination! --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
[e-gold-list] Re: I encourage other services
MetalProxy has reverted back to it's original acceptance of e-gold® ONLY. Dave Along a separate thread on this list, is the following statement considered to be grammatically correct?? GoldMoney® has been sacked at MetalProxy. JP! MetalProxy quietly began accepting GoldMoney Sept 9. Dave At 12:00 AM 9/15/01, JP wrote: I encourage other services (eg, Metal Proxy etc) that they may want to consider accepting GoldMoney. It's still a marginal business overall, but there it is. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
[e-gold-list] Please Help a child trying to help others. Please read
Hello My Name is Lena and My sons name is Nathanual. Nathanual has been raising money going door to door this weekend and raising money for the American Red Cross to help the families in need in New York City.Something personal he feels he needs to do for himself to make him feel good that he did his part in helping. His goal is to raise $2000 by Friday and present it is cash to our Local Red Cross and be recognized in our local paper with his name and how much he raised this week. I am doing this for him because he is only 7 years old and cant access the internet as well as I can. Since I belong to many yahoo groups and have and e-gold account I am helping him meet his goal by asking everyone to donate a small amount, $1 if you can or less if you not do one dollar to e-gold 395275. On Saturday I will scan his receipt from the Red Cross to show everyone that this is indeed going to a good cause. There are still many families out there who need help. I have called e-gold to let them know what I am doing so you can call them to verify that is not a scam.If you want me to call you , you can e-mail me your phone number and I will call you on Saturday. I cannot leave my phone muber here. I dont want a bunch of people calling me at odd hours or do not need to put my family in danger if someone feels the need to trace my number, theres that risk I cannot take but I will be happy to call you to show you that I am sincere in what I am doing for my son. Thank you and God bless. After making a donation could you please post on his page I created for him at http://www.groups.yahoo.com/group/NathansFundRaiser Just posts that are nice will not be deleted, all negative posts will be deleted because a 7 year old will be asking to see the website every chance I let him. E-Gold has been notified and they told me to join their list or post a message on the board at e-gold so I joined the list and here is the message to everyone. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
[e-gold-list] Funbond yields
Really do indicate that weekends are weak, but Monday was strong. I think, without any math and through pure greed ;^) I may have lucked onto a halfway decent strategy here. If I am right (remember, entertainment purposes only, don't blame me if/when I'm wrong!) here's how Jim's theory goes. People use the casino to goof off a bit and to blow off steam in a short time, while they're already doing something else on the internet. On weekends, they're mostly away from internet and they're not as stressed anyway, so they're less likely to play. Thus, since payouts happen over ten days, it's good to only have one weekend during that period - as JP and I both happened to do this time. I have always been fascinated with the casino's Funbonds feature, even though I thought they should have called them Fun Futures instead. They give a peek at the inside kind of casino activity. JP, are we making a profit this time? JMR --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
[e-gold-list] Re: Funbond yields
I have always been fascinated with the casino's Funbonds feature, even though I thought they should have called them Fun Futures instead. They give a peek at the inside kind of casino activity. JP, are we making a profit this time? JMR Jim, I don't know, I rely on you to calculate it :O The last payout always tells you your total. However (as I mentioned I think) I do know that TGC's own programmers are improving the funbonds, they seem to be adding graphs and stuff, so it will be clearer what's going on one way or another. (ISL programmed the original funbonds for TGC, as you know.) I think you are probably right about the weekends being weaker --- simply by looking at the http://www.thegoldcasino.com/cgi-bin/funbonds.cgi 'last 15 days' table shown at the bottom. Regarding the nomenclature, I don't think futures would make much sense, Jim. Firstly, futures apply only to commodites (things, like sugar, wheat etc), futures have no relevance to equities .. equities being companies, organizations, people, LLCs, public companies etc. You cant buy a future of IBM, it's meaningless. Similarly you can't buy a bond of Wheat or from Wheat, it's meaningless. You cant buy a future from an entity .. you cant buy a future from IBM or egold .. indeed you dont buy futures at all (they dont cost money, you dont pay anything when you take one) it is a contract exchanged with another trader. In contrast a bond is something you buy, for a certain amount of money, from an entity like IBM or egold. So thats exactly what a funbond is. The funbonds are indeed bonds of the TGC as a business, I guess. Indeed they operate exactly, specifically like many actual bonds (except an actual bond issued by IBM or e-gold or the like would more normally be paid out say once per month, for ten months, rather than once per day). So, 'bonds' seems to be the perfect nomenclature in every way!! I think TGC funbonds are fantastic - I have literally never lost money on them. They rock! I see there are 55 in circulation and 30 out. Remember the great fun bond rort after TGC had that downtime??? heheh --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
