[e-gold-list] GoldNow Verification service

2003-06-14 Thread Graham Kelly
JABOLES,

How much of a "nice" profit do we make out of $5 verification fee? Get a
life! Besides, I was offering to do it for FREE for "Mt Umoren". IF he's
genuine, he'd only benefit out of it! If not, well... ALSO, I contacted
"Mr Umoren" last year, same old, same old... we already completed DD on
him, but he failed the DD test. Unless he's decided to become saintly
since that time, be warned!

In any case,  our verification service has proven to be accurate, (I
invented it MYSELF!) and well used by providers and customers.

See 

Cheers!

Graham Kelly CEO

On Sat, 14 Jun 2003 04:05:50 -0400, "Jonathan Boles"
<[EMAIL PROTECTED]> said:
> LOL!
> 
> If I got an email from a stranger who pretentiously called themself a
> "Chief
> Verification Officer" asking for all my personal details, I wouldn't

-
GoldNow http://www.GoldNow.St
Primary Customer Service +61 3 9776-4886
US Free Call 1-866-999-1717
US Fax 1-213-559-8555 
UK Phone +44 (0) 709 233-7612
UK Phone +44 (0) 709 201-4015 CEO

Order your GoldNow debit card today, at
https://www.goldnow.st/debit_card_buy.asp

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[e-gold-list] Free Enterprise, at it's best!

2003-06-14 Thread Graham Kelly
Guys,

Our programmers are adding Singapore & the Phillipines to our country
list today... we will be adding Indonesia, Vietnam and Laos, as well as
Taiwan and Hongkong, very soon. Stay tuned!

I really like the idea that a farmer from Laos/Vietnam can fund his
e-gold account with us, then access his account from his PC. or the local
town hall/library/school PC.

TRUE & FREE enterprise, at it's glorious best... the US founding fathers
were, and are, an inspiration! The "berlin wall of financial control" is
crumbling!

Cheers!

Graham Kelly CEO

-
GoldNow http://www.GoldNow.St
Primary Customer Service +61 3 9776-4886
US Free Call 1-866-999-1717
US Fax 1-213-559-8555 
UK Phone +44 (0) 709 233-7612
UK Phone +44 (0) 709 201-4015 CEO

Order your GoldNow debit card today, at
https://www.goldnow.st/debit_card_buy.asp

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[e-gold-list] Re: E-Gold mass pay software?

2003-06-14 Thread jpm
 Just FWIW, mass spends are BUILT IN to 1mdcGrams, Matt.

What on God's green earth is FWIW, JP?
heh heh!

FOR WHAT ITS WORTH!


IMHO U use 2 mch l33t 4 pbc get ;o)

Cheers,
Robert.


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[e-gold-list] Re: E-Gold mass pay software?

2003-06-14 Thread Robert S.Z.
> 
> Just FWIW, mass spends are BUILT IN to 1mdcGrams, Matt. 
>
What on God's green earth is FWIW, JP?
IMHO U use 2 mch l33t 4 pbc get ;o)

Cheers,
Robert.

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[e-gold-list] Re: HYIP Frauds Exposed: Capital Market; Returnversus Risk; Finite Amount

2003-06-14 Thread Robert S.Z.
> 
> Risk money in the philippines comes the same way risk money in
> Silicon Valley.  You talk to a rich friend of a friend, he does
> due diligence.  
>
If my friend had a rich friend, then he wouldn't be my friend ;o)
The problem there is really that the 'rich friend' got rich by not giving
loans to the friends of a friend but by stealing their ideas and doing it
himself.

The due diligence part is the catch 22 here. If the person needing the
money discloses the details he has to disclose for DD, then he risks being
cut out altogether. And puhleez don't suggest non-disclossure agreements,
copyrights, etc.

The only guys that never steal a business are loan sharks. In return they
are paid royally for financing it.
>
> Above market rates are an obvious con.
> 
Have another look at that sentence, if you will. How can there be 'market
rates' when there is no supplier? A market rate is whatever the market
will wear, where the market is a group of people with specific needs for a
particular item. Definded more specifically, people who have no acces to
mainstream funding (where mainstream means western type and does not refer
to 'the majority') will pay high rates to obtain funds in other ways.
If those people (the market) are willing to pay 600% per hour because it
is the only way they can obtain funds, then the market rate *is*
600x24x364% per annum.

Paying more than one has to is stupidity. Charging as much as one can get
is business. Being a western bank, 'creating' money at a whim and loaning
it out, now that *is* a con.

Cheers,
Robert.

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[e-gold-list] Re: gold backing is irrelevant

2003-06-14 Thread Katz Global Media


Hi,

there is another "1mdc" type of company coming online soon that looks interesting. I 
know the site is up but not online to the
public. They gave us $500 to play on the sytem and try it out a while back and it 
seems to work well. I think they will anonymize
e-gold usage to some extent as well.

in any case, maybe the principals would like to give us an update of their upcoming 
launch date? www.virtualgold.net

==
Gordon H.
www.katzglobal.com
Anonymous Hosting(tm) Solutions
Anonymous Domain Names



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[e-gold-list] Re: gold backing is irrelevant

2003-06-14 Thread Robert S.Z.
Hello Jim,

Thanks for your valued input.

You are of course right that redemption or redeemabilty is the word that
should be used in the same breath as the word backed.

But before looking at some of the candidates on your list, I'd like to
point out two other very important items are breadth of circulation and
cost of ownership.

e-gold seems to be accepted by default whereever IG (internet gold) is
accepted, giving it by far the widest breadth or cirulation. Due to the
high circulation and subequent demand, it is also the base currency most
exchangers calculate in and exchange against. This ensures high levels of
competition and therefore comparably lower costs for obtaining and holding
it.
> 
> 2. LibertyDollar
>
As you know, I do respect and admire von NotHaus for what he has achieved
and am sure that he will continue to succeed. But, as I suggested a year
ago in an email, there are inherent structural problems simply 'because'
the LibertyDollar is used as a real life currency in shops as well.
Firstly, it is a mainly American currency and hence from a global
perspective uncompetative. This is so because for foreigners cost of
ownership can be as high as 50% plus postage. After all, the LD is based
on a silver price of $10, which is necessary and a good thing - for real
life transactions, in the US.
But it is also a clear deterrent for international users.
Secondly, the far higher cost of operation that NORFED necessarily has,
would force them to always overvalue the LD in metal terms. It's the
nature of the beast because administration and even minting has to be
added to the initial price of spending the currency into circulation.

Again, I do like and support the LD, but I don't see it as an IG contender
for the above reasons. Any  Chinese would only ask: "Why do I pay $10 for
an ounce of silver?".
> 
> 5. Crowne Gold, established as 3PGold in early 2001.
> Offers gold online.
>
This where breadth of circulation comes in - and proof of redeemability.
I'm a sucker for storage certificates - third party storage receipts from
one of the main storage facilities, that is. And, there are not that many
sites that actually accept Crowne Gold payments.
Of course, it is a legit IG provider and I have it in my "List of Five". 
>
> 6. 1MDC, established in 2001.  Offers gold online.
> Gold is stored by e-gold.  Redemption is in e-gold.
> 
Everybody who folows the list by now knows that I'm singing 1MDC's praise.
However, it's not on my list as it has no storage facility of it's own
(sorry JP). Instead I see 1MDC as the first of a breed of new services
that are built on top of e-gold and which will make the mainstream use of
e-gold possible.
Some of the exchangers who use our services know what other items we are
planning in that direction.
>
> (8.) INTGold, established 2003.
>
I've put that one into the category "jury still out". It is impossible to
make an informed judgement just yet, because they are brand new, albeit
seem to grow rapidly. I don't think that we could expect them to put the
gold into third party storage until they reach reserves of at least
$1,000,000. It just wouldn't be feasible. But, so far I heard good things
about them and Aussies say, they deserve to get a go, before we can start
singing their praise or alternatively trash them.

Now you know why I was talking about Five Main Currencies.
> 
> I think this question further points up the irrelevance
> of the matter of backing.  If e-gold is redeemable,
> then 1MDC, which is redeemable for e-gold, is also
> redeemable.
> 
Yes and no. It means that the 'dependant' currency is redeemable as long
as the 'base' currency is. The risk here is that ad hock operators join
the fray, each building a new currency on top of the other and if then one
comes undone, all the rest crumble with it.

As an example, some of the exhangers we deal with have signalled that they
want to deal with each other through us as well. The obviously best
facilitator for such deals would be 1MDC, of course. But to make things
faster and easier to follow for everyone, we will actually "loan" our
exchangers our own 1MDC deposits against the cash they have with us. They
trade with each other and at the end of the day we clear out the
transactions, adjust their accounts and move e-gold from our 1MDC storage
into exchangers accounts.

So, we are building a day-trade system on top of 1MDC. Now imagine some of
our exchangers would offer their clients a system in which they can deal
with other which is built on top of our day-trade system. Then imagine,
one of their clients starts a gold speculation game/trade built on the
exchanger's system.
Then JPM changes the rules at 1MDC... know what I mean?
> 
> > I used the term DGC a bit more loosely...
> 
> Which, again, emphasizes that backing is irrelevant.
> 
As I said, I may have used the wrong emphasis, but did mean, and hence
agree with you, redeemability - or more importantly in fact - storage
location and access. I have three small

[e-gold-list] Re: HYIP Frauds Exposed: Capital Market; Returnversus Risk; Finite Amount

2003-06-14 Thread James A. Donald
--
On 14 Jun 2003 at 8:46, Robert S.Z. wrote:
> The option for an average Joe to get a $ denominated loan
> simply does not exist and even in countries with more
> sophisticated banking services, unless you are upper
> management or a government employee, you won't even get a
> basic overdraft facility, no matter how impressive your cash
> flow. Credit card for a self-eplyed operator? No way.

Risk money in the philippines comes the same way risk money in
Silicon Valley.  You talk to a rich friend of a friend, he does
due diligence.  You cannot get risk money from the banks in
Silicon valley any more than you can get it the Phillippines.

Above market rates are an obvious con.


--digsig
 James A. Donald
 6YeGpsZR+nOTh/cGwvITnSR3TdzclVpR0+pr3YYQdkG
 TXNi+CswGUISgKym98HcJJb+rWfi0GOozNk+aLiv
 4lrllX+a2vK7v+/gy18e4XpQnPhA+7bTW3Cb1rTPy
s

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[e-gold-list] Scam Alert!

2003-06-14 Thread Corwind
Gold-Insure.com is another site that tries to steal your passphrase. It is
run by GMTech, they hit my spam traps again, silly them. Also have reported
it to ddu@

Registrant:
  Alex Fethard [EMAIL PROTECTED] +1.2025560716
  GoldInsure
  555, 8th Avenue 132
  New York,NY,UNITED STATES 10118

Domain Name:gold-insure.com
Record last updated at 2003-06-13 13:35:51
Record created on 2003/6/13
Record expired on 2004/6/13

Domain servers in listed order:
  ns1.hostonfly.net xx
  ns2.hostonfly.net xxx

Administrator:
  Alex Fethard [EMAIL PROTECTED] +1.2025560716
  GoldInsure
  555, 8th Avenue 132
  New York,NY,UNITED STATES 10118

Technical Contactor:
  Alex Fethard [EMAIL PROTECTED] +1.2025560716
  GoldInsure
  555, 8th Avenue 132
  New York,NY,UNITED STATES 10118

Billing Contactor:
  Alex Fethard [EMAIL PROTECTED] +1.2025560716
  GoldInsure
  555, 8th Avenue 132
  New York,NY,UNITED STATES 10118

  Domain Name: GOLD-INSURE.COM
  Registrar: ONLINENIC, INC.
  Whois Server: whois.OnlineNIC.com
  Referral URL: http://www.OnlineNIC.com
  Name Server: NS1.HOSTONFLY.NET
  Name Server: NS2.HOSTONFLY.NET
  Status: ACTIVE
  Updated Date: 13-jun-2003
  Creation Date: 13-jun-2003
  Expiration Date: 13-jun-2004

Scam page:

http://gold-insure.com/payment.php

The egold number is: 183061 (Gizmosinc) 



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[e-gold-list] Re: E-Gold mass pay software?

2003-06-14 Thread jpm
Hi,

Does anyone know where I can find E-Gold mass pay software that will let
me pay in grams rather than USD?
Thank You,

Matt


Just FWIW, mass spends are BUILT IN to 1mdcGrams, Matt.  So if you 
ever migrate to 1mdcGrams rather than egold, you're there - no 
further software needed.

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[e-gold-list] 100% bonus at Galaxy Casino!

2003-06-14 Thread White Bear
www.galaxy-casino.com

E-Gold deposits accepted. Realtime payouts.

Roulette, Poker, BlackJack, Keno, Slots, Lotto.

High reliability software.


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[e-gold-list] E-Gold mass pay software?

2003-06-14 Thread Matt Mahoney
Hi,

Does anyone know where I can find E-Gold mass pay software that will let
me pay in grams rather than USD?

Thank You,

Matt

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[e-gold-list] Re: I love AUSSIES! :)

2003-06-14 Thread Ben Legume

(Excerpted from on off-list email I just 
received)

>> >The OSRecovery civil suit is getting 
>> interesting. Suffice to say that the
>> core defendants are now being pursued 
>> vigorously, and the co-defendants,
>> less so. I have had a number of lengthy phone 
>> conferences with the plaintiffs lawyers this 
>> week, about this and other issues.
>> 
>> Again, weren't you one of the respondents
(core 
>> or otherwise) or am I incorrect in my 
>> recollection?
 
(Graham Kelly replies)

>Yes, I'm scurrilously & erroneously named as a 
co-defendant. The plaintiffs lawyers are slowly 
(and I mean slooowly!) that we are one of
the good guys, hurrah for them!

Ho hum. Are you still named on the complaint as 
a co-defendant?

>>What are the major lessons for me, and 
> ultimately, all of us? Primarily, don't have 
an office in the US. (A good percentage of 
Fortune 500 companies have now re-located 
offshore... what does that tell you?) If the 
legal system in the US targets innocent business 
people, it's, uhhh, time for a change & throw 
some more shrimps on the barbie, as Paul Hogan 
used to say! This is purely a safety/longevity 
issue.

>> Huh? I'm missing something here. Are you 
>> suggesting the main problem with dealing with 
a 
>> ponzi scam is that if you are in the US you 
can 
>> be sued there? That almost sounds like you 
are 
>> defending the crooks as victims of the legal 
>> system!

(Graham replies)

>Nothing to do with scams!!! Yes, you are 
obviously missing the WHOLE point, ya bloody 
aussie wacker! :) We are talking about security &
safety. Typical misdirection! (Are you one of 
those LAWYERS?)

Again, huh?

(snipped)
 
>> Huh? What have flaws in the banking system 
got 
>> to do with anything?

>For safety issues, EVERYTHING! LOL

What do flaws in the banking system have 
anything to do with OSgold? When was the last 
time the manager of your local branch did a 
runner with your savings? It's far more likely 
to happen with a Digital currency.



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[e-gold-list] PrivaPhone - Order Now

2003-06-14 Thread Privacity News
PrivaGold offers PrivaPhone!

Change the way you communicate for as low as $18 per month paid easily via
e-gold or e-Dinar!

Features:
* Voice Conferencing
* Email-By-Phone
* Send and Receive Faxes
* Send and Receive Voicemail
* Send Fax from any application
* Anonymous or Not
* Toll Free Numbers available

You can get a local number in one of 1500 cities worldwide! North & South
America, Asia, Europe and more.

Give it a try - www.privagold.com

Thanks,
Privacity / PrivaGold

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[e-gold-list] gold backing is irrelevant

2003-06-14 Thread Jim Davidson
Dear Robert,

Technically there are of course only five established,
main gold-backed currencies,
Backing is irrelevant.  What matters is redemption.
A currency such as the Federal Reserve Notes issued
by an evil cabal of the Federal Reserve System and
the USA Federal Government in unconstitutional combination
is "backed" one part in every 32,000 or so by gold
stored by the USA Treasury on behalf of those from
whom it was stolen.  However, there is no provision
whatsoever to redeem a Federal Reserve Note for gold,
silver, or anything else of value.  It is a currency
for exchanges only.
A currency which can be redeemed for gold, even if
the redemption function is highly constrained (as
with GoldMoney, you can only redeem one London
Bullion Marketing Association good delivery bar
at a time, or about 400 ounces at a throw) is as
good as gold.  A currency which pretends to have
gold "backing" such as the Federal Reserve Note, is
just another worthless fiat money.
As for "five established main" et's go through the list.
Chronological order for grins.
1. e-gold, established 1996 provides four currency
services.  These are e-gold, e-silver, e-platinum,
e-palladium.  Redemption of metal is somewhat more
difficult now than in previous years, limited to
400 ounce LBMA bars of gold, or 1000 ounce bars of
silver, exemplia gratia.  Metal is stored in London,
Zurich, and Dubai.
2. LibertyDollar, established as NORFED 1998, offers a
gold certificate which is a warehouse receipt for gold.
They have a gold Liberty piece, a silver Liberty piece,
paper warehouse receipts for gold and for silver, and
a digital warehouse receipt for silver.  Gold and
silver are stored in Idaho.  Redemption is by the
ounce of gold or silver.
3. GoldMoney.com, conceived in the mid-1970s, operational
in late 2000 or so.  Offers a gold "holding" service
which effectively provides for offshore storage of
gold in any amount, along with a service for transferring
gold from one holding to another, as money. Gold is
stored in London. Redemption is only by LBMA bar, or
400 ounces at a time.
4. e-Bullion.com, established early 2001.  Offers
gold or silver online.  Redemption is facilitated
by vast array of coins and bullion available from
this company established by old hands in the coin
and bullion business.  Metal is stored in Australia,
Los Angeles, Delaware, Zurich, etc.  Company holds
the trademark for "e-currency."
5. Crowne Gold, established as 3PGold in early 2001.
Offers gold online.  Gold was stored in Idaho, it
may have been moved.
6. 1MDC, established in 2001.  Offers gold online.
Gold is stored by e-gold.  Redemption is in e-gold.
7. Pecunix, established in 2002.  Offers gold online.
Gold is stored as LBMA good delivery bars (400 oz)
wherever it is that Anglo Far East stores their
gold (with Brinks).  Redemption is discussed in
the user agreement.
(8.) INTGold, established 2003.  Offers gold online.
Gold is stored at an unknown location, possibly
in Greenville, Texas (near Dallas).  Redemption
is not discussed in the user agreement, and the
term 'backed' is used throughout, so I suspect
that INTGold is not a redeemable currency.
However, how would you classify a currency that is backed
by a gold-backed currency?
I think this question further points up the irrelevance
of the matter of backing.  If e-gold is redeemable,
then 1MDC, which is redeemable for e-gold, is also
redeemable.
It gets even more complicated by partially backed
currencies who hold reserves of other currencies which
claim in turn to be based on backed currencies.
I don't consider evocash or other dollar-equivalent
exchange services to be gold currencies.  They are
simply transfer services or exchange services or
"money transmitters."  PayPal, the Internet dollar,
and evocash all come to mind in this context.
I used the term DGC a bit more loosely, as it seems to
be becoming a common practice, even for currencies that
have no known backing and dubious backers.
Which, again, emphasizes that backing is irrelevant.

OSGold claimed to be backed 150% by gold.  The operational
difficulties of such a claim are so thoroughgoing as to
seem utterly absurd to even the most inebriated person.
Nevertheless, what benefit could it possibly offer
to someone seeking to redeem his OSGold for the gold
which is "backing" it?  Nobody would imagine that
$1.50 of gold would be provided for each $1.00 of
OSGold redeemed, right?  That's why the idea that OSGold
was somehow a legitimate currency, or that anyone who
ever exchanged OSGold was thinking clearly, is utterly
absurd.
It isn't an issue of unexpected events.  Saying that
"Reed scarpered with the funds" or ran off with the money
is an obvious claim that nobody would have expected
such an event, therefore exchanging OSGold was justified
until such time as it became clear that there weren't
funds in the system to negotiate the currency.  I
don't agree with this line of reasoning.  The deficits
in OSGold were widely known, widely reported, and
eve

[e-gold-list] Re: HYIP Frauds Exposed: Capital Market; Return versus Risk; Finite Amount

2003-06-14 Thread Robert S.Z.
Hello Adam,

These are contructive suggestions. Thumbs up!
It is obvious that you are "in the fray".

However, there is the education issue to consider.
Most people in Asia wouldn't know a mortgage from a lease or a secured
bank loan from an overdraft.

The option for an average Joe to get a $ denominated loan simply does not
exist and even in countries with more sophisticated banking services,
unless you are upper management or a government employee, you won't even
get a basic overdraft facility, no matter how impressive your cash flow.
Credit card for a self-eplyed operator? No way.

The mere thought to borrow the cash to go elsewhere to get a loan? Nada!
Imagine the picture of a Filipino on tourist visa with some polaroid shots
of 10 men factories and an order letter from overseas walking into Chase
Manhattan in L.A. and asking for a loan :o)))

The highest profit margins and the best ventures are really in the realm
of the small fry. A guy that has basic maths, jobbed around an American
air base and now ships Philippine handicrafts to Canada and the UK.
Getting a bank loan didn't appear to him for the first few years, while he
was driving an old battered car across islands buying local crafts for
pennies and trying to entice the rural populace to produce higher volume.
Every three months he shipped a whole container, with a neighbourhood loan
shark footing the shipping bill and pocketing half the revenue in return
[ie. making about 500% on his outlay].
The guy himself was absolutely satisfied. After all, he spent a few
hundered dollars to source the goods to fill a container and got ten
thousand back in net profit. Trouble was, we knew nothing about shipping -
the loan shark did. Or insurance, or quarantine, or import regulations or
any of those things.
All he could think of was how to get the producers to carve and weave
faster.

The plastics guy is a bit more advanced, was overseas a couple of times,
but the banks still turned him down. I know it's insane and drives me
nuts, but a bank won't give him a loan unless he has sufficient property
to secure the loan.
Cash flow? Of course. If he can't show that he'll be able to pay the loan
back many times over in no time flat then he needs to come up with 500%
collateral.
It really is that bad in rural Asia.

By the way, he was never a plastics manufacturer, always an exporter. In
previous posts I always referred to him as the guy who would source the
items from a multitude of suppliers and ship tem at an immense profit.

And he certainly is not alone. Trade is the favorite past time in Asia and
every unemployed is a business man.
> 
> Successful businesses do not maintain high interest-rate debt for long,
> because they don't need to. Only the incompetent and the fraudulent.
> 
I agree to the incompetent part in so far that many a successful business
operator lacks the education we take for granted. But the lack of
financial infrastructure is just as important.

Only now are governments starting to lean on banks to offer loans to small
stake holders, rural operators, etc.
But those loans are capped at $2,500 for someone who can proof past
success...

It'll be years until the environment that most here in the list take as a
given will be available in many Asian countries. And Africa is a different
matter altogether.

Cheers,
Robert.

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[e-gold-list] Re: HYIP Frauds Exposed: Capital Market; Return versus Risk; Finite Amount

2003-06-14 Thread Adam Selene
Robert wrote:
> I mean serious, especially the Philippines is the worst possible 
> of the example I gave to contest. The Peso is as unstable as it 
> gets, politics are in disarray, infrastructure in disrepair and you 
> seriously think that a bank would give anyone a Peso based, 
> unsecured loan for 20% per year?

No, but I'm sure they'll give a dollar-based rate at ~20% per 
annum, unless they are somehow prohibited from doing so.

As I said, Interest Rate = Time Value + Risk Premium + Inflation 
Rate. You want to make apples and apples comparison, you must 
do so in the same currency or adjust for an inflation rate/instability 
factor.

If Philippines banks are so bad, how expensive is a plane ticket
to Australia, Malaysia, Dubai, or even Panama or Los Angeles?

Sure, people can pay enormous rates (even in the States, for example
pay day loans) -- when the time/cost of arbitrage overrules the 
savings/benefit. These are not large opportunities individually, and 
aggregator of such opportunities will pay the cost to get money at a 
better value.

> So Adam, I fear, you may not be qualified to judge the situation in 
> Asia for lower middle class types who MUST pay out immense 
> profit shares, just to get any money at all.

How did we suddenly get from plastics manufacturer to lower-middle 
class.

RISK RISK RISK. Unsecured loans for lower and lower-middle 
class may not EXIST many places in the world. These are neither 
people who have access to low risk high return business opportunities
of substantial value, who would represent a legitimate Internet HYIP.

> Trust me, we could have squeezed them to pay 500% and they would 
> have still been happy because everybody involved profited and improved 
> their lives.
>
> Just imagine someone like us would start a HYIP that pays 10% per month...

Again you missed the point. WHY would you start an HYIP at 10% 
per month (214% per annum) when you could can get a $100,000 limit 
gold mastercard at 16% per annum which would handle your volume 
just fine and pocket the difference?

If you do not, as a successful expatriate business man, have the credit 
to gain such an account, and be willing to shoulder the full risk of this 
investment yourself, what business do you have pawn it off on 
unaccredited Internet investors?

> If you have actual, contructive comments, plese start off with
> giving us a run down of who you are, where you've been and what you've
> been doing.

I am in Costa Rica & Panama, which just happens to be the domicile for 
a very large number of high profile HYIPs (The Brothers, The Cuban, 
The Vault, Marc Harris, etc), and I work in an industry (offshore gaming) 
that is not exactly low profit-margin. I know many people who are in
"businesses" that cannot use traditional means of financing. 

I know that even very untraditional financing for such people does not 
compare to the rates promised by most HYIPs, and that even the HYIPs 
here promising feasible rates (3% per month) have all failed.

Successful businesses do not maintain high interest-rate debt for long, 
because they don't need to. Only the incompetent and the fraudulent.

Adam




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[e-gold-list] Re: Warning! Do not visit e-goldservice.com !!!

2003-06-14 Thread Robert S.Z.
Hello Joel,

Thanks for the heads up! I actually Fw. an email from those guys to e-gold
last night, but more because of the domain name they are using. It does
seem that the page at the URL is even trying to load anumber of other URLs
into the frame which could be a multi-prongued attack.

By the way one of the best "free" tools against spybots, key loggers, etc.
is Spybot Search & Destroy from http://security.kolla.de/
It comes in several languages and works like a charme.

Cheers,
Robert.

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[e-gold-list] HYIP general remarks (non-cynical)

2003-06-14 Thread Robert S.Z.
Helo Everyone,

Just to make it clear once and for all:
[1] I do not endorse or participate in any HYIP.
[2] I believe that most HYIP lack any basis of economic reality.
[3] Most HYIP are likely to be scams.
[4] Most HYIP that are not scams are likely to still fail sooner or later.
[5] Highly profitable investment opportunities are plentiful, but it's
VERY unlikely that operators of programmes that accept deposits below
$5,000.00 are engaged in any of them, simply because the administration
costs would be immense.
[6] 45% and more per month can be easily achieved in certain locales and
surroundings, but it is extremely unlikely that any programmes exist on
the net that finance projects in those locales.
[7] An exception to 5 and 6 would be if the operator of the programme
actually lives verifiably in any of those locations
[8] Puuuhhleeez stop offering me great investment opportunities; if they
are legit, list them in www.thegoldindex.com - that's one of the things
it's there for.
[9] I will not reply to personal emails from people offering funds to
invest. I don't want your money!!!
[10] We are in no way associated or affiliated with any Games or HYIP that
are hosting their sites with us. Hosting at www.cyberica.net is *NOT* an
endorsement.
[11] We host just about everyone because we believe in free markets and
level playing fields and giving people a go. However, if we find out that
someone abuses our trust, he'll find his account blocked and his name and
details listed here and an the Black List at TheGoldIndex.com

Now, as the dust settles, I would like to appologize to anyone I might
have offended in the last week, thank everyone that came to my aid and
hope that everyone else had as much fun as I had when oppinons clashed and
then slowly shifted as additional data became available.

I learnt a thing or two - which does make it all worthwile.

Have a great weekend everyone,
Cheers,
Robert.

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[e-gold-list] Warning! Do not visit e-goldservice.com !!!

2003-06-14 Thread Asiana Gold
DO NOT VISIT E-GOLDSERVICE_COM !!!

e-goldservice_com trys to embed a trojan horse program on your computer
when you visit the site.

http://e-goldservice/index.files/1.html is the page that contains the
trojan horse. The main page has an iframe that has 0 width and 0 hight so
it is not viewable

They are  trying to steal your e-gold passphrases!!!

If you have visited the site and you are concerned you may be infected
please visit http://anti-trojan.net they provide good free anti trojan
software that you can trial for 15 days.  This trojan only
effects windows. 

You can read more about it here:
http://vil.nai.com/vil/content/v_100261.htm

The perpertrators behind this site have stolen the website layout and
graphics of http://asianagold.com

AsianaGold.com is not affiliated or conected wtith this site in anyway.

I can only hope that this site has not caused anyone to have lost their
passphrase.  If you have visited the site and you have concerns about the
security of your pc please  contact us for help at [EMAIL PROTECTED]

Regards,

Joel Bruce
http://asianagold.com







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[e-gold-list] Re: DebitGold signup and card

2003-06-14 Thread Robert S.Z.
Thanks for that. Looking forward to giving the system another shot :o)

Cheers,
Robert.

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[e-gold-list] Re: HYIP Frauds Exposed: Capital Market; Return versus Risk; Finite Amount

2003-06-14 Thread Robert S.Z.
Dear Adam,

>Your Philippine plastic marker can go to a bank and get a secured
> loan at 10-15% per annum, it can get an unsecured loan at 15-20% per annum, it
> can go to private lenders for 20%-25% per annum, it can go any number of
> additional places.

When exactly have you talked to a Philippine bank for a loan the last
time?
When you did, where you [1] a small trader, [2] a struggling exporter, [3]
someone who had contacts to foreign buyer going nuts over unreliable
deliveries of a multitude of local suppliers?

We just bought some low-cost rentals outside Manila. Finance offers ranged
from 20% to 38% per annum, compounding on USD basis. This is a mortgage we
are talking about. Of course, as always we paid cash, much to the dismay
of the developer.

And no, unless he doesn't need the money, there is no way anyone would
give a small exporter with big plans money, unless he has colateral coming
out his ears and doesn't really need the money.
The alternative is to go to a money shark of course - at 10-20%
compounding PER WEEK !!!

> There is a market for money. People don't pay more for money that the going rate on 
> the market.

I beg you show me the market in Asia that serves the public mom-and-pop
types of outfits, rural farmers, small traders, etc. We'll be
Gazillionaires overnight!

I mean serious, especially the Philippines is the worst possible of the
example I gave to contest. The Peso is as unstable as it gets, politics
are in disarray, infrastructure in disrepair and you seriously think that
a bank would give anyone a Peso based, unsecured loan for 20% per year?

As always, there is a huge difference between the people from the ivory
towers of capital cities and the populace that feeds them. In Asia this
difference is so extreme that often the upper class of the country doesn't
realize it while they live their guraded lives of golf courses and
cocktail parties.

A few years ago, I met an Indonesian business man in an airport lounge who
got violently offensive when he heard that I was paying the crew of two
small coastal trawlers about $200 per catch day. He accused me of heaven
knows what until some guy a few tables away came over and told him that I
was paying 15% above norm ...

So Adam, I fear, you may not be qualified to judge the situation in Asia
for lower middle class types who MUST pay out immense profit shares, just
to get any money at all.

I mentioned the example of an Indian village where farmers were starving
during droughts some time ago. We had syndicated micro loans to help them
buy dairy cows - one per household. The loans carried a huge interest
burden but the revenues where twice bigger. Everybody paid back their
loans on time, ended up owning the cows and had enough left over to buy a
second. We made a modest 150% syndication fee and the local handlers made
somewhere about tenfold. Tenfold our investment that is. They had no own
money to begin with, but set up a dairy processing plant from their share
of the proceeds.
Trust me, we could have squeezed them to pay 500% and they would have
still been happy because everybody involved profited and improved their
lives.

Just imagine someone like us would start a HYIP that pays 10% per month...

PLEASE don't email me privately anymore!!! We do not, nor will we ever
funds from the public. We do not, nor will we ever operate any HYIP
programmes and we won't invest in any HYIP either.

To bring this whole line of discussion to an end, if you beg to differ, so
be it. If you have actual, contructive comments, plese start off with
giving us a run down of who you are, where you've been and what you've
been doing. We'd love to hear from workers of UN development programmes
for example :o)

Cheers,
Robert.

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[e-gold-list] Re: Verification service

2003-06-14 Thread Jonathan Boles
LOL!

If I got an email from a stranger who pretentiously called themself a "Chief
Verification Officer" asking for all my personal details, I wouldn't respond
either. I think its absurd that Mr Kelly expects Mr Umoren to jump through
hoops just to save himself from neing badmouthed everywhere by Mr Kelly.

Mr Umoren is completely reasonable in leaving "verification" to his real
clients, rather than a certain gold exchanger who considers himself the
"verification police" and makes a nice profit out of it.




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[e-gold-list] HOW TO GET TO HIGH STAKE POKER?

2003-06-14 Thread David
in TGC

and one know?


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[e-gold-list] DebitGold signup and card

2003-06-14 Thread A. Gaspard Leon
Hello gentlemen,

I'm Systems Engineer for DebitGold.

Thank you for your feedback on the site, I am currently looking into the
confirmation and ID number bugs described.  Apologies for the
inconvenience - we have only just launched and are confident that we can
work out the last kinks over the next few days.

I will personally reply to anyone posting difficulties from now on, and
will get back to Robert and Katz as soon as the bugs have been fixed.

Just to clarify, the DebitGold MasterCard® is a MasterCard®, not a
Maestro/cirrus card, and will work wherever either of these logos are
displayed (for ATMs), and wherever MasterCard® is accepted (POS, online.)
The DebitGold MasterCard® is a "stored value" card, which combines the
best features of both credit and debit cards (global acceptance, instant
cash.)


A. Gaspard Léon,
Systems Engineer for DebitGold Ltd.
web: http://www.debitgold.biz/
email: gaspard at debitgold dot biz


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[e-gold-list] Re: HYIP Frauds Exposed: Capital Market; Return versus Risk; Finite Amount

2003-06-14 Thread Danny Van den Berghe
> CAPITAL MARKET
>
> There is a market for money. People don't pay more for money that the going rate
> on the market. Your Philippine plastic marker can go to a bank and get a secured
> loan at 10-15% per annum, it can get an unsecured loan at 15-20% per annum, it
> can go to private lenders for 20%-25% per annum, it can go any number of
> additional places.
>
> At what exact point does it need to go to the Internet public at 45% per month
> compounding (853.8% per annum)?



Exactly so, and any person with a (very) profitably business could probably borrow
from parents or friends easily.
A succesful person without any friends that trust him.. hmm.. sounds fishy to me.

BTW, 45% per month compounding comes to 8500% annualy

At this rate , somebody bringing in 1 ounce of gold, after one year his capital
would have grown to 86 ounces, and after only five years it would become
4,809,280,791 ounces. Simple math.
Before you know it even all the gold on this planet will not be sufficient to pay
out this single customer, who started out with only 1 ounce..

Clearly, anybody offering you 45% per month is mathematically certain to go out of
business within a few years at the most...



Regards,

Danny





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