[e-gold-list] Argentina declares state of siege

2001-12-20 Thread James M. Ray

http://www.washingtonpost.com/wp-dyn/articles/A4281-2001Dec20.html 

While this has nothing to do with gold currencies, it is an interesting story
with its roots in currency-management failure. I wonder if this is actually
an opportunity in disguise for some enterprising Argentinian? People need
good money to have a halfway decent standard of living.
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: Argentina declares state of siege

2001-12-20 Thread Vince Callaway

Quote from the article:
The recession was triggered by years of public overspending and heavy 
borrowing.

Of course we don't know of any other country that has done that.



---
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] e-gold Spends - grams default to replace USD, EUR to be supported

2001-12-20 Thread Reid Jackson-OP

On Sunday December 23, 2001 9:00 AM EST, the e-gold website will experience
downtime in order to implement hardware and software upgrades.  When the
e-gold website emerges from this downtime:

 * e-metal Spends ordered via the e-gold Account Manager interface will be
expressed by default in terms of grams (previous default selection was USD).

 * Users may continue to express e-metal Spends ordered via the e-gold
Account Manager interface in terms of USD (or other National Currency
units), but this selection must be actively made by the User when ordering
Spend.

 * Users will be able to express e-gold Spends in terms of Euro (EUR).

The move to a grams default emphasizes the fact that e-metal balances are
accounted by weight of metal, as specified in the e-gold Account User
Agreement:

http://www.e-gold.com/unsecure/terms.htm

Please be careful to take this new default into account when ordering
e-metal Spends via the e-gold Account Manager interface:

https://www.e-gold.com/acct/login.html

e-gold Spends can't be revoked, even if User's instructions are incorrect!

Thank you for using e-gold.

Reid Jackson
Managing Director, Gold  Silver Reserve, Inc.
Director, e-gold Ltd.

---
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: e-gold Spends - grams default to replace USD,EUR to be supported

2001-12-20 Thread Tristan Petersen

The move to a grams default emphasizes the fact that e-metal balances are
accounted by weight of metal, as specified in the e-gold Account User
Agreement:

Technically, grams are units of mass. Which is important, since a gram of
gold is always a gram of gold, even on the moon. However, you would have
less gold if the gram was a unit of weight.

But I digress. Not like we'll be using grams of gold on the moon anytime soon.

Regards,
Tristan Petersen
http://www.cambist.net
http://www.goldbarter.com


---
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: bad news

2001-12-20 Thread SnowDog

 [...].  Since the federal government has seized
 all of Zidar's assets, presumably they have seized his stock in GSR,
making
 the US Federal Government roughly 25% owner of GSR.

When the Federal Government seizes assets, it doesn't take ownership of
them. After the trial, the assets will probably be either returned to the
owner, or sold at auction.

SnowDog




---
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: [dgc.chat] Euro

2001-12-20 Thread SnowDog

Hello!

 Digital currency is just that, and not weight by gold,
 gold backing is fine but not for transfers.  You have
 waited to put the Euro on to the last minute, although
 you had Euro country currencies.

I think the move to changing the e-gold system to default to 'AUG (grams of
gold)', is a good one. An internet currency backed by gold, is in fact gold,
not USD. Once customers start thinking in 'grams of gold', the value in
their accounts will stop changing. Calling a gram of gold $8.41, (or
whatever), does not change what it really is -- a gram of gold.

SnowDog



---
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: bad news

2001-12-20 Thread Joyce Marie

So what exactly does this mean to us?

JM
--- Ken Griffith [EMAIL PROTECTED] wrote:
 John Wayne Zidar has been indicted for mail fraud
 and laundering the
 proceeds of a ponzi scheme.  The indictment alleges
 that Mr. Zidar invested
 $2.4 million of the stolen money into Gold and
 Silver Reserve, parent
 company of e-gold.  The indictment also states that
 Mr. Zidar invested
 $100,000 of the investors money into Norfed, which


__
Do You Yahoo!?
Check out Yahoo! Shopping and Yahoo! Auctions for all of
your unique holiday gifts! Buy at http://shopping.yahoo.com
or bid at http://auctions.yahoo.com

---
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: bad news

2001-12-20 Thread Dmitry Salnikov

Hello All,

Just a comment --

 From: Ken Griffith [EMAIL PROTECTED]
 To: e-gold Discussion [EMAIL PROTECTED]
 Subject: [e-gold-list] bad news
 Date: Thu, 20 Dec 2001 15:06:22 -0500

 It truly grieves me to post this story, but the facts are
 already in source documents posted on the Internet and this
 is extremely pertinent to everybody who uses digital gold
 currency.


The main e-gold asset is the people who
have learned what it is and how to use this system.

I think that e-gold has reached the level when
it would be rather hard work to make people forget about it.

e-Gold is based on ideas instead of just calculations,
it is more like religion than common business.

e-Gold has technology and experience.

It may be a good idea to extend this technology
so that it would be more robust in emergency situations
to make people yet more confident in the system.

The main point is that anyone may use payment system
where ownership of something valuable may be transferred
online in real time without charge backs using any secure
browser software plus advanced technology like shopping
cart interface etc.

What e-gold really does is that it provides
advanced payment services which may be based
on just about anything valuable.

Gold is the catchy word for advertising
but there are other valuables as well which
may be used for online payments.

There is a well known among Russian speaking webmasters
payment system which is working for already several years.
It is called Russian Link Exchange banner exchange --

http://www.rle.ru/
http://www.linkexchange.ru/

Any webmaster may accumulate banner impressions
and transfer them to someone's else account in this system.

These impressions are the sort of online currency now
which is used to buy Web hosting or to pay for services etc,
and these impressions may be sold for money.

The main thing here is wide user base of all
Russian speaking webmasters and good reputation
of this banner exchange system.

This system has several grades of impressions,
Classic without targeting and Gold with targeting etc,
these grades are valued and treated rather separately,
just like various metals in e-gold accounts.

Common prices are now --

10 US cents = 1,000 Classic impressions,
25 US cents = 1,000 Gold impressions.

What I want to say is that it may be a good idea
to use e-gold system and technology as foundation for
online digital economy and to add several (*many*) other
valuables like banner impressions etc thus making e-gold
the World's central clearing house for online payments.

e-Gold can create banner exchnage system and make its
banner impressions integrated into e-gold like e-metals are,
thus increasing user base up to all webmasters and making
the whole system generating its own national product.

Just like other currencies
are backed not only by static assets
but by production of valuables.

There was Russian speaking poet Alexander Pushkin
who has once written in Eugeny Onegin poetic romance --

To est on mog sudit o tom
kak gosudarstvo bogateet
i pochemu ne nuzhno zolota emu
kogda prostoj product imeet.

In English --

That is he was able to understand
how the country is becoming more wealthy
and why it does not need gold
when it has simple product.

Any opinions?

Respectfully yours,

Dmitry Salnikov,
http://dmitry-salnikov.com/index.htm

International business catalogue for e-gold users,
http://dmitry-salnikov.com/veda.htm

Gold Web Ring traffic maker for e-gold sites,
http://o.webring.com/hub?ring=gold

FreeBSD, Linux, C/C++, Perl, ...
Web software development services,
English / Russian translations.




---
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] Announcement. EURO purses in WebMoney Transfer system

2001-12-20 Thread Alexander Fedotov

Hello, 
this is just a brief official announcement.
New type of purses was introduced yesterday in WebMoney Transfer (
http://www.wmtransfer.com )payment system. New payment units WME are
backed by Euro deposited in the bank account of Guarantor (Hidmarsh
Finance, Inc, Delaware) same way as WMZ units are backed by USD and WMR
units are backed by RUR (deposited in the bank accounts of Guarantee
Agency, JSC).
Conversion operations from Euro to USD and RUR will be available
shortly on INDX exchange http://www.indx.ru/eng . You will be able to
sell your WME (Euro) units for WMZ (USD) and buy e-gold at market price
in Exchange tenders.

Reagards.Alexander Fedotov
__
[EMAIL PROTECTED]


---
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!