The weird thing (to me) is, there are now FAR
more ways to get lots more kinds of physical gold for your e-gold
than there ever were in the days of the coins, and to me the
only other difference is semantic, between get and redeem I
end up with a piece of yellow metal in my hand if I
At 01:40 PM +1000 08/21/2001, [EMAIL PROTECTED] wrote:
http://www.e-gold.com/examiner.html
the count is DOWN to 143.
...
Argh! Someone made a reference to the real world, instead of word-
definitions!! I'm shocked!! Anyway, those bars were redeemed -- one
bails the water out of a sinking
Deloitte Touche Completes Governance Review
Governance Representations by GoldMoney Authenticated; System
Reliability Tested
21 August 2001 - GoldMoney has today announced that a review of its
governance procedures and system reliability has been completed by
Deloitte Touche.
This
We are pleased to report several exciting developments that have taken place
in GoldMoney this month.
1) Deloitte Touche Completes Governance Review - Deloitte Touche review
of GoldMoney's governance procedures.
http://www.goldmoney.com/public/news/an_2001-08-21.html
2) You
Re the article in goldeconomy.com and to Ken Griffith in particular.
Ken I was a member of www.goldeconomy.com and in fact used your site
as my home page. Now it seems to have disappeared and your
new business has popped up in its place. This transition was
definitely not
Dear Lin,
The Gold Economy is presently in the midst of an overhaul and an ownership
transfer. The change of ownership from Elwyn Jenkins to The Gold Economy,
Inc, a BVI corp is scheduled to take place in mid-September.
As many may have been aware, the original Gold Economy site advertised a
What do you think should be the standard for the AUG?
1 gram of fine gold?
1 gram gross weight of . bullion?
1 gram gross weight of .9995 bullion?
1 gram gross weight of .995 bullion?
Vote on the goldeconomy.com home page: www.goldeconomy.com
---
You are currently subscribed to
eCurrencyCrawler is again accepting URL submissions. Updates and
modifications to the engine are completed.
If you experienced 404 page not found when you submitted a URL, you caught
us with our pants down. Please submit again.
Thanks everyone. I look forward to reading the intelligent and
http://www.wired.com/news/print/0,1294,46197,00.html
All That Dissolves May Be Gold
Associated Press
6:17 a.m. Aug. 21, 2001 PDT
AMHERST, Massachusetts -- Call them the microbes with the Midas touch.
Thriving where most life forms cannot survive, simple microscopic organisms
known as
SnowDog wrote: -- -- --
Here is what the Terms of Use say:
Bullion backing the e-metal currencies is held in trust by The
e-gold Bullion Reserve Special Purpose Trust for the exclusive benefit
of all e-gold account holders collectively.
And Doug said (in a goldeconomy.com article): -- -- --
At 11:09 AM +1200 08/22/2001, Sidd wrote:
...
...
What does this mean? If the reserves in the E-gold Bullion Reserve
Special Purpose Trust are for the exclusive benefit of all e-gold
account holders collectively, then who owns the extra 2%?
...
Good question. I'd say, at least up to the full
I'll never need to work again because I bought those 20 fun bonds.
Thanks, Jim! :)
By the way, Jim, have you told anyone the secret about thegoldcasino
that you and Jay discovered, even before me?
I will just say the new location of TGC's domain name servers, and
thus presumably TGC's
Craig Spencer wrote:
Most derivatives are like that. Consider a futures contract, say
for pork bellies. Very very few people who trade in pork belly
futures have the capacity to execise the rights that give their
contract value and take delivery of a few tons of pork bellies. Many
don't
What do you think should be the standard for the AUG?
1 gram of fine gold?
1 gram gross weight of . bullion?
1 gram gross weight of .9995 bullion?
1 gram gross weight of .995 bullion?
Vote on the goldeconomy.com home page: www.goldeconomy.com
Great survey idea Ken!
But it seems
James M. Ray wrote:
Gosh, I'd say just about any comodity plays like that.
We're talking about derivatives in general.
Presumably,
it's planned that 99% or so of the people who trade in pork bellies
never will redeem a contract for them, but as long as about 1%
of the players CAN,
Jim,
Great survey idea Ken!
But it seems inconceivable it could be anything other than a gram of
fine gold!!!
Well, JP, you know how the press is always using biased surveys to prove
their point.The only right answer is the one I want people to choose.
:-)
The other problem, of course, is
Viking Coder wrote:
The important thing to keep in mind is that the *only* reason you
can get *any* coins is because it is possible to redeem (even if
this right is almost never exercised). This is *not* a mere semantic
distinction.
The point being made is that it doesn't matter if
Boy, do you have the wrong impression of how futures work!!!
(From a professional futures trader),
Hans.
Bob wrote:
I would say the opposite. Most pork belly futures contract owners do
have the financial capability to take delivery. Say a single contract
is worth USD 100,000. And the
Bob wrote:
it's planned that 99% or so of the people who trade in pork bellies
never will redeem a contract for them, but as long as about 1%
of the players CAN,
Jim, it doesn't work like that. The brokers aim for 100% of players
that *CAN* take delivery of the underlying security.
[EMAIL PROTECTED] wrote:
Bob wrote:
Uh, definitely WRONG. You can open an account with some brokers for
only a couple G's. Presently Belly margin is around $2.5K, and that
is ALL you need. No need to show/prove the ability to assume the
whole contract.
I noticed you said some. I
[EMAIL PROTECTED] wrote:
Boy, do you have the wrong impression of how futures work!!!
(From a professional futures trader),
Hans.
Bob wrote:
quote buster
I would say the opposite. Most pork belly futures contract owners do
have the financial capability to take delivery. Say a
Bob,
Hans is right. Your conception of how the futures markets work is
entirely wrong.
Many don't even have the financial capacity to do so;
I would say the opposite. Most pork belly futures contract owners do
have the financial capability to take delivery.
I said many not most.
For those interested:
It turns out that this is a multi-part special. Perhaps
4 one hour episodes.
Tonight: Strictly war.
Spanish conquest of New World, Custer and Black Hills,
South Africa.
Little content about gold itself.
Tomorrow's show may be more gold specific - seems to be
about
Bob wrote:
[EMAIL PROTECTED] wrote:
Bob wrote:
Lyris buster
Uh, definitely WRONG. You can open an account with some brokers for
only a couple G's. Presently Belly margin is around $2.5K, and that
is ALL you need. No need to show/prove the ability to assume the
whole contract.
Bob:
I would say the opposite. Most pork belly futures contract owners do
have the financial capability to take delivery. Say a single contract
is worth USD 100,000. And the owner put down 5% to buy it. Where did
the other USD 95,000 come from? The broker loaned it to the owner.
Craig Spencer wrote:
Jim was right. You should try opening a commodities account yourself
and learn something about the futures markets!
Boy, you are a sadistic SOB. I wouldn't wish that on my worst enemy.
(MAJOR Just Kidding!!! Really!)
For most futures contracts there never was any
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