[e-gold-list] Re: GBC

2001-08-20 Thread Craig Spencer
Claude, > there is one major element that characterizes "derivatives", and it > is leverage. Many derivatives afford leverage. But that is not an essential or necessary characteristic. > If you use the pure definition of a "derivative", which is "a bi-lateral > contract whose value derives f

[e-gold-list] Re: GBC (ad banners redux)

2001-08-20 Thread Craig Spencer
Bob, > > No. I only included the "under certain circumstances" qualifier so > > that people would not introduce an irrelevancy by objecting that they > > couldn't redeem a 1oz coin. But then Bob did it anyway! > > > > > that makes it not-storage/ownership/non-backyness? Lyris buster. > > They

[e-gold-list] Re: GBC (ad banners redux)

2001-08-20 Thread Craig Spencer
> 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 i

[e-gold-list] Re: A way to make it a true custodial arrangement

2001-08-20 Thread Craig Spencer
JP, > {Everyone seems sick of this dissuccion, especially Craig! :) Yea. :) But I still have a couple of things to say. > Very often "ownership" rights are quite vague .. There can be ambiguous situations but the *concept* of ownership is not vague at all. It is the right of use and disp

[e-gold-list] Re: GBC (ad banners redux)

2001-08-19 Thread Craig Spencer
JP, > However, IMHO, you're wrong that the fact that it is a derivative is > the clincher. > > >Both are transferable *derivatives* of gold. That is, they are > >contractual obligations whose value derives from that of gold. The > >principal contractual commitment is the obligation to redeem e

[e-gold-list] Re: GBC

2001-08-19 Thread Craig Spencer
Bob wrote: > > Craig Spencer wrote: > > > Both are transferable *derivatives* of gold. That is, they are > > contractual obligations whose value derives from that of gold. > > I'm not so sure about that Craig. A derivative's value is a function > of

[e-gold-list] Re: GBC

2001-08-19 Thread Craig Spencer
JP, I have to disagree with you and Bob. > e-gold is just a service that stores gold for you and charges you > an annual fee to do so. Ken Griffith and SnowDog have explained why you are wrong rather thoroughly. So there is little need for me to repeat them. I will only say how I disagree w

[e-gold-list] Re: Finally!!!

2001-08-19 Thread Craig Spencer
Ah JP, > I can't believe how much I missed it! I am not particularly a keen > gambler but TGC has that CLEAN, PURE SMELL OF CAPITALISM. > > To be able to honestly play around with a few centigrams of HONEST, > REAL MONEY -- GOLD -- with and against other burnished-pure > capitalists, is a fre

[e-gold-list] Re: What happens with the Golden Raffle?

2001-08-08 Thread Craig Spencer
> This is what made the RealGoldLotto unique: it used numbers drawn from the > UK National Lottery. This ensures honesty with the numbers. The only other > thing needed is a published list of numbers selected by customers BEFORE the > drawing. Otherwise, there's no way to ensure that the payouts

[e-gold-list] Re: to repeat ..

2001-08-05 Thread Craig Spencer
"James M. Ray" wrote: > > At 11:21 PM +1000 08/05/2001, [EMAIL PROTECTED] wrote: > >Gold is set to explode up or down in the next few days ... heavy! > > > >What do you think Bob? > > Hey JP! Can you (or Bob?) tell us again how the charts tell us this? It requires faith (plus a ouji board and a

[e-gold-list] Re: Proportion of HYIP scam to legitimate transactions

2001-07-30 Thread Craig Spencer
Julian, > I am looking at what appears to be some very concrete evidence of > robust HYIP activity in the e-gold world: I doubt that anyone is going to deny the truth of that! Or that other, more commercial, activity is very limited. I do think, as I have argued, that there is convincing ev

[e-gold-list] Re: Those mysterious microspends

2001-07-28 Thread Craig Spencer
Julian, Bear in mind that this is all guess work. The facts we actually know are few and while they may suggest our conclusions they by no means prove them. Our conclusions are certain to be wrong. The only question is whether or not they are completely wrong. > 1. How many of the funded ac

[e-gold-list] Re: Those mysterious microspends

2001-07-27 Thread Craig Spencer
Julian, > 2. More generally, what portion of the total value and number of daily > e-gold spends would you guess is generated by the HYIP economy (cash-flow > games, investments, investment advice, etc.)? I have not made any great study of it but ... based on the self-reported "membership" cl

[e-gold-list] Re: Who the heck is Desmond Wong?

2001-07-27 Thread Craig Spencer
JP, I was about to write and ask the list about this myself. I have been sent this two copies of this kind of message in the last couple days. I got another one a week or two ago about the time someone else on the list posted about recieveing it. > >Hi! How are you? > > > >I send you this file

[e-gold-list] Re: e-Bullion Article

2001-07-21 Thread Craig Spencer
Claude, > I dopn't know to what extent this is all true? > We certainly don't have these sort of thing in Canada (I hope). Canada is better in some ways, worse in others. Canada has lacked a Bill of Rights for most of its history and so has never had the established respect for individual ri

[e-gold-list] Re: e-Bullion Article

2001-07-21 Thread Craig Spencer
Claude, > But assuming you are right, I am sure > you will admit that if only the shareholders and/or officers are in the > USA when everything else is outside the USD, the governement > has a really hard task shutting down the operation. Them officers > must be proven guilty of something. How

[e-gold-list] Re: e-Bullion Article

2001-07-21 Thread Craig Spencer
Claude, > > 1) If the corporation is closely held (any US shareholder having more > > than 10% of the stock; a so called "Controled Foreign Corporation") it > > will not even acknowledge that the corporation exists. By US law they > > are NOT different persons. > > Are you sure about that? Can

[e-gold-list] Re: price of digital currencies

2001-07-21 Thread Craig Spencer
Ken, > The fact that many market makers are now offering to pay YOU above spot to > buy your e-gold suggests that my prediction is coming true. The price of > e-gold is now higher than the price of gold, and it isn't just exchange > fees. It holds its value at that price. > > Any comments? I

[e-gold-list] Re: e-Bullion Article

2001-07-21 Thread Craig Spencer
Claude, "C. Cormier - Ormetal Inc." wrote: > > It most certainly does matter. If the major shareholders, officers, > > employees or assets of a GBC are in the US (or otherwise subject to > > the control of the US government) then they may be threatened or held > > hostage by the US government.

[e-gold-list] Re: e-Bullion Article

2001-07-20 Thread Craig Spencer
"C. Cormier - Ormetal Inc." wrote: > It doesn't really matter if some shareholders of the GBC's issuers > are in the USA or anywhere in the world. What counts is the > corporate identity of the issuer, its corporate governance, its > partners, and its product. It most certainly does matter. If

[e-gold-list] Metal Market

2001-07-19 Thread Craig Spencer
Of interest: http://www.epmex.com/ CCS --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]

[e-gold-list] Re: that gets my goat!

2001-07-14 Thread Craig Spencer
JP, You are right but you miss the main point. > so called 'insider trading' is a consensual crime: like drug use, > there is no reason for it to be illegal. Insider trading is not at all a crime (consensual or otherwise). It is the whole point of having markets. Markets serve as a means of

[e-gold-list] Re: Need to "do something" about the value of the dollar

2001-07-08 Thread Craig Spencer
tho. Best, Craig *** Craig Spencer [EMAIL PROTECTED] *** --- You are currently subscribed to e-gold-list as: archi

[e-gold-list] Re: Need to "do something" about the value of the dollar

2001-07-08 Thread Craig Spencer
Samuel, > The article also conjures up the bogeyman of the "trade deficit," which is > an accounting gimmick used to scare the economically illiterate, Exactly so. > since the existence of a trade deficit using honest accounting is > mathematically impossible. Well, not quite. Gifts and loa

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

2001-07-07 Thread 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).

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

2001-07-07 Thread 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 "

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

2001-07-07 Thread 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 bal

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

2001-07-07 Thread 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. > A

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

2001-07-06 Thread Craig Spencer
Dale, I neglected to reply to your last paragraph. > An interesting dilema for e-gold is "Whose definitions are they going to > use?" Why? How are they going to be implemented? Where? At what cost > and especially "By whom?" E-gold is an independent business owned and run by responsible a

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

2001-07-06 Thread Craig Spencer
Dale, You pose an important question to understand and answer. But fortunately the answer, rightly understood, is not a difficult one. > > Strictly speaking the problem is not that they are unidentified. It is > > that they are criminals. Identification may filter out some of the > > crimina

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

2001-07-06 Thread Craig Spencer
I was interested to see on the Web of Trust page about path servers http://www.rubin.ch/pgp/pathserver that I gave earlier that someone has recently gotten a path server going again. http://the.earth.li/~noodles/pathfind.html As an illustration of its operation, looking for a connectio

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

2001-07-06 Thread Craig Spencer
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

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

2001-07-05 Thread Craig Spencer
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

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

2001-07-05 Thread Craig Spencer
SnowDog wrote: > > > Very cogent analysis. So, in view of this, what can be done to > > differentiate the crooks from the honest people? The difficulty > > arises because both are using the system in the same ways for > > superficially similar purposes. The crooks hide in this > > ambiguity

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

2001-07-05 Thread Craig Spencer
Viking Coder wrote: > Crooks are using e-gold for the exact same reason that legitimate user do. > The ability to do world-wide commerce without fear of the transaction > being cancelled. Legitimate users don't want to deal with fraudulent or > boucing payments while crooks don't want to deal wit

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

2001-07-05 Thread Craig Spencer
Eric, > > For market makers to try to become thought police does not do this. > > Agreed. Unfortunately, Law Enforcement does not view it this way. The > act of completing an exchange for a criminal (even if you do not KNOW it > is a criminal) can be used against your business by Law Enforcem

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

2001-07-05 Thread Craig Spencer
Eric, Most of the things you have said are true but you are still confusing different things. > My point to all of this is that if you honestly believe that there is > ZERO risk associated with outexchanges, you are wrong. There ARE risks > associated with outexchanges. Not the risk of having

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

2001-07-05 Thread Craig Spencer
Eric, > >There is zero risk in outexchanging E-Gold and you have to get it from > > somewhere. > >I must disagree with you on this point. Technically, there is no > *immediate* risk on outexchanges because the transaction is non-reputiable, > agreed. However, due to the large numbers of sc

[e-gold-list] Re: Gold Bay Auctions Has Launched!

2001-07-02 Thread Craig Spencer
Original Message Subject: Re: Gold Bay Auctions Has Launched! Date: Tue, 03 Jul 2001 00:25:38 GMT From: "admin" <[EMAIL PROTECTED]> To: Craig Spencer <[EMAIL PROTECTED]> References: We don't have a difficulty understanding it, but we are catering to

[e-gold-list] Re: Gold Bay Auctions Has Launched!

2001-07-02 Thread Craig Spencer
Original Message Subject: Re: Gold Bay Auctions Has Launched! Date: Mon, 02 Jul 2001 20:26:30 -0400 From: Craig Spencer <[EMAIL PROTECTED]> To: admin <[EMAIL PROTECTED]> References: admin wrote: > > We made it in USD so it was easier for the average user t

[e-gold-list] Re: Gold Bay Auctions Has Launched!

2001-07-02 Thread Craig Spencer
Gold Bay Auctions wrote: > Our site is at www.gold-bay.com > > We have developed an online auction venue that accepts e-gold exclusively. Why is it then that your fees are denominated in dollars? CCS --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a bla

[e-gold-list] Re: ...language on list

2001-06-30 Thread Craig Spencer
better and as simply without it if given a little thought. CCS *** Craig Spencer [EMAIL PROTECTED] *** On Sun

[e-gold-list] What good is "backing"?

2001-06-26 Thread Craig Spencer
> > "The only one who is currently an "ether gold" is OSGold." > > > > If they are not 100% backed, then I fully agree with you, but where is the > > evidence. It seems to me that we just don't know what OSGold is since they > > have not disclosed it. > > They have. They made a proud, high-f

[e-gold-list] Re: it is likely that messages in spends are not the answer for General Electric

2001-06-21 Thread Craig Spencer
JP, > >> I didn't get one percent "response", I was able to establish (through > >> careful checking) that only one person even happened to see the > >> ("secret') message. > > > >I was going to ask how you got that info. How did you "check"? > > "I" "sent" "emails" How were you were able to s

[e-gold-list] Re: it is unlikely that essages in spends are not the answer for General Electric

2001-06-21 Thread Craig Spencer
[EMAIL PROTECTED] wrote: > Quite simply, how many people do you think look at those comments? > > The answer is a dismal amount .. it's a non starter. Just like banner adds. > Your REACH is the number of people that look at it .. your number of > impressions. > > Basically "no-one" looks at

[e-gold-list] Re: clever

2001-06-21 Thread Craig Spencer
> >Autospend 1 mg to each user in numeric sequence and put your message > >in the memo field. > > Good idea, but I tried it already. > > I used a pool of known e-gold accounts to test how many people would > read the message. Only one did out of ~ 80 tests. You asked for a way to reach e-gold

[e-gold-list] Re: Spamming E-Gold accounts.

2001-06-21 Thread Craig Spencer
Julian Morrison wrote: > > So, e-gold, howsabout a "notify me when I get paid" toggle in the user > options? Interestingly, I suggested this for other commercial reasons some time ago. Namely, as an alternative to the SCI for merchants and/or customers that prefer not to use it. If I recall co

[e-gold-list] Re: e-gold-list digest: June 20, 2001

2001-06-21 Thread Craig Spencer
Steve Foerster wrote: > > JP wrote: > > < kilogram gold reward to anyone who can state how to reach e-gold users. > State it.>> > > Autospend 1 mg to each user in numeric sequence and put your message > in the memo field. JP, I think you owe the man 50kg. CCS --- You are currently subscri

[e-gold-list] Re: FOUR million in circulation daily ?

2001-06-18 Thread Craig Spencer
[EMAIL PROTECTED] wrote: > > http://www.e-gold.com/stats.html The velocity is much higher than it has been for months. The number of spends used to about equal the number of account accesses; now it is suddenly double. Does anyone have any insight into what is going on? Is there some new sc

[e-gold-list] Re: Associated Press article - the journalist has done his homework!!!

2001-06-18 Thread Craig Spencer
Forgive my ignorance... but how do I do that? CCS Julian Morrison wrote: > > Luc Van den Borre wrote: > > > > There's an article on Slashdot right now: > > > > If you support my stance on the right to launder money, please vote up > this slashdot comment: > http://slashdot.org/comments.pl?sid

[e-gold-list] Re: eCurrency Trade Association Inc.

2001-06-17 Thread Craig Spencer
George Matyjewicz wrote: > if you want to deal with the court you need a lawyer, or with > investors you need a CPA. In other words, the government has deprived us of choice and given a monopoly to a guild. > >Licenses are just an anti-competition thing. They certainly don't > >mean you're

[e-gold-list] Re: don't get keyboard sniffed

2001-06-13 Thread Craig Spencer
Julian Morrison wrote: > Also I recall the flap before global warming was fear of a new *ice age* > being due roundabout now. Be amusing if one filled into the hole of the > other so to speak :-) The notable fact about this is that it was the SAME people that were touting "the coming ice age" t

[e-gold-list] Re: don't get keyboard sniffed

2001-06-12 Thread Craig Spencer
> Think of it as a Pascal's wager kind of thing - maybe you'll be > "wrong" trying to do your part to combat global warming, but conserving > energy and promoting alternative fuels can be its own reward - and if > you're right it helps in the big picture too! Environmentalism is a "chicken little

[e-gold-list] Re: Funds stolen from Account

2001-06-12 Thread Craig Spencer
> You need to get together with the other poeple who have had $ stolen > by "gold mine". > > For instance, try to see a pattern in the time of day the money was > stolen. At least then it can be guessed where in the world they are. It seems to me that one of the few things that could certainly

[e-gold-list] Re: America, no longer the land of the free.

2001-06-10 Thread Craig Spencer
Jim, > I think the way to win over socialists I think your goal is impossible. Socialists hate gold more than you love it! (1) It offends their moral sense that people should use or value something which they "know" is worthless ("you can't eat gold"). (2) They know their enemy: a means b

[e-gold-list] Re: Another thought on the nature of freedom

2001-06-09 Thread Craig Spencer
Julian Morrison wrote: > > Craig Spencer wrote: > > > > > In that spirit, I understand very well that they need money to support the > > > Party, but I don't think they need it until 2006. I'm going to send them a > > > post-dated check--dated

[e-gold-list] Re: Another thought on the nature of freedom

2001-06-09 Thread Craig Spencer
> In that spirit, I understand very well that they need money to support the > Party, but I don't think they need it until 2006. I'm going to send them a > post-dated check--dated 15 April 2006--along with a letter explaining why. > > I encourage others to do the same. Another feature of the "cu

[e-gold-list] Re: America, no longer the land of the free.

2001-06-09 Thread Craig Spencer
Bob wrote: > Usually people give up degrees of freedom to the politicians and > bureaubrats when they are promised/given stolen wealth. Perhaps that IS what Tristan means! > At some point the wealth creators start leaving the legal jurisdiction. Increasing the politicians have been trying to

[e-gold-list] Re: America, no longer the land of the free.

2001-06-09 Thread Craig Spencer
Tristan, > >Yet for some reason that escapes me you still seem to think there is > >some sort of trade off between freedom and wealth. > > There is, with the current state of the world. Why do you think that the state of the world is that there is a trade off between freedom and wealth?Th

[e-gold-list] Re: America, no longer the land of the free.

2001-06-08 Thread Craig Spencer
Tristan, So far you have said you don't mean either of the following. 1) "unfreedom produces wealth" 2) "wealth causes less freedom" Yet for some reason that escapes me you still seem to think there is some sort of trade off between freedom and wealth. > Rather, I mean to say, if the averag

[e-gold-list] Re: America, no longer the land of the free.

2001-06-08 Thread Craig Spencer
Tristan, > >So you envision a situation in which some means of producing convenience > >or wealth inadvertently results in degrading liberty? > > Well, let me draw some parallels. The Boston Massacre involved just a few > people. The taxes Great Britain took from the colonists is nowhere near >

[e-gold-list] Re: nature of freedom / wealth / technology

2001-06-08 Thread Craig Spencer
JP, > (It could be that on other planets with other intelligent species, > they did NOT discover this, ie, it could be for other intelligent > species that socialism works. I beg to differ. It has nothing to with location (which planet) or with biolaogical identity (which species). Capitalis

[e-gold-list] Re: America, no longer the land of the free.

2001-06-08 Thread Craig Spencer
Tristan, > Perhaps this is where the confusion is arising from. When I say "willing > to give away more of their freedom for it" I certainly do not mean that > giving away freedom results in wealth being produced. OK. > The key word here is "willing". If technology produces convenience at the

[e-gold-list] Re: America, no longer the land of the free.

2001-06-07 Thread Craig Spencer
> > Wealth is produced through labor. > > Nah -- it's not like you to be wrong Viking! :) > > Labor is *shit*. It has nothing to do with wealth. Wealth is ideas. > > No one ever has gotten rich through labor. > > Wealth is only produced in one simple way -- human thought. I was willing to

[e-gold-list] Re: America, no longer the land of the free.

2001-06-07 Thread Craig Spencer
Trustan, > If you had read what I wrote carefully, I said: "people are willing > to give up more freedom, if it means they can be more wealthy". > > In other words, people who can have what people in the 16th, 17th, etc > and even the beginning of the 20th century didn't have, are willing to >

[e-gold-list] Re: America, no longer the land of the free.

2001-06-07 Thread Craig Spencer
VC: On Thu, 7 Jun 2001, Viking Coder wrote: > > > > Do you really think that slavery produces wealth? > > > > > > Yeah, but not for the slaves. > > > > I used my words carefully. > > I know. I was just playing around. OK. Its hard to know. > > While slave labor may produce some wealth

[e-gold-list] Re: America, no longer the land of the free.

2001-06-07 Thread Craig Spencer
VC: On Thu, 7 Jun 2001, Viking Coder wrote: > > Do you really think that slavery produces wealth? > > Yeah, but not for the slaves. I used my words carefully. While slave labor may produce some wealth which some slave holders may well acquire, slavery itself is not **productive** of more w

[e-gold-list] Re: America, no longer the land of the free.

2001-06-07 Thread Craig Spencer
Tristan, > >Hell, serfs didn't have as much taken from them as Americans do now. > >However, Heritage's index is not the only one out there. I forget > >who puts out the other one. > > Serfs also didn't have anywhere near the amount of wealth the average > (and poor) Americans do today. So, I g

[e-gold-list] Re: Cheap (??) Debit card.

2001-06-07 Thread Craig Spencer
> Far be it for me to promote something other than E-Gold, but paypal is now > offering a MasterCard/Debit card on their accounts. To get it you have to pay over 2.2% on all incoming payments. CCS --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank em

[e-gold-list] Re: Malicious links?

2001-06-06 Thread Craig Spencer
Many thanks to Sean Dickens, Mark S. Ohberg and James M. Ray for indulging my paranoia. I feel better now. CCS *** Craig Spencer [EMAIL PROTECTED

[e-gold-list] Re: 3PGold

2001-06-04 Thread Craig Spencer
Thanks Sidd, I learned something. I have been wondering how the home page logon on the GoldMoney site could be secure since it is not an https page. CCS *** Craig Spencer

[e-gold-list] Re: 3PGold

2001-06-04 Thread Craig Spencer
Steve, Thanks for your reply. On Mon, 4 Jun 2001, Steve Foerster wrote: > CCS wrote: > > <> > > I know quite a bit actually. :) > > < work.>> > > Both are working perfectly for me. I'm running MSIE 5.5 on Windows 2000. Same here. > <> > > What makes you say so? They both use https.

[e-gold-list] Re: cross between gold currencies (FAGWANEs?)

2001-05-29 Thread Craig Spencer
Claude, > > They are not the same thing. The rights you have concerning 1gg and a > > gram of e-gold are different. > > There are indeed differences. But do these differences affect their > value which is based on a gram of gold? > > As an example, is a gram of e-gold worth less or more than a

[e-gold-list] Re: cross between gold currencies (FAGWANEs?)

2001-05-29 Thread Craig Spencer
JP, > >> 1 goldgram and 1 gram of e-gold are the same thing -- one gram of the > >> element gold, stored for you. > > > >They are not the same thing. The rights you have concerning 1gg and a > >gram of e-gold are different. > > Very true --- BUT --- they are also VERY CLOSE. Just so! I would

[e-gold-list] Re: cross between gold currencies (FAGWANEs?)

2001-05-29 Thread Craig Spencer
JP, > 1 goldgram and 1 gram of e-gold are the same thing -- one gram of the > element gold, stored for you. They are not the same thing. The rights you have concerning 1gg and a gram of e-gold are different. > A clearning house promotes solidity of each bank (if one bank is > going bad, mo

[e-gold-list] Re: arbitrage -- goldGrams

2001-05-29 Thread Craig Spencer
> > Craig Spencer wrote: > > It does you no monetary good that the prices differ (no matter how fast > > you can buy and sell) unless there is a way you can convert gg to e-gold > > and back. > > Anybody who does a conversion between one GBC and another will hav

[e-gold-list] Re: arbitrage -- goldGrams

2001-05-29 Thread Craig Spencer
Claude, > OK you end up with a different quantity of grams of gold > currencies. Yes, but *different* and inequivalent currencies. > > Niether e-gold nor gg are gold itself but contracts > > that give the owner certain rights having to do with gold. > > I think that is where I will disagr

[e-gold-list] Re: arbitrage -- goldGrams

2001-05-28 Thread Craig Spencer
Claude, > Well if you have everything in place, you can sell e-gold and obtain > CAD or USD at a price X and immediately turn around and buy gg > at a price of Y with thos some CAD or USD. You end up with a > different wuantity of grams. Isn't it arbitrage ? No, it is not. What you end up with

[e-gold-list] Re: arbitrage -- goldGrams

2001-05-28 Thread Craig Spencer
Claude, > But in reality, prices are often different by a few bucks... and if one > is very quick and has the good connections to move in and out.. > arbitrage is possible. It does you no monetary good that the prices differ (no matter how fast you can buy and sell) unless there is a way you can

[e-gold-list] Re: arbitrage -- goldGrams

2001-05-28 Thread Craig Spencer
JP, > Is abritrage possible between goldgrams and e-gold grams? You could try to make money trading either at different prices people might offer (against anything people would trade for them). This is what you are already doing with Coconut. But TRUE arbitrage between e-gold and gg (or anythi

[e-gold-list] Re: security

2001-05-25 Thread Craig Spencer
"R. A. Hettinga" wrote: > > At 12:20 AM -0400 on 5/25/01, CCS wrote: > > > this was not exactly true. The cryptocraphic protocols of digital > > bearer instruments certainly make them more secure but there still > > is vulnerability due to the need for communication with a central > > clearing

[e-gold-list] Re: security

2001-05-23 Thread Craig Spencer
> The other long term solution is to completely abandon account based systems > and switch to digital bearer instruments or "digital cash". These can be > stored on the users hard drive in an encrypted form, or stored on a smart > card, or stored on a zip disk, offline where hackers can't reach

[e-gold-list] Re: Banana Stickers and Columns

2001-05-21 Thread Craig Spencer
> Here is ANOTHER CAR photo - this one from England. > > http://bananagold.com/cars.html > > Good one - a VW bug. Would that be and e-gold bug? CCS --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]

[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread Craig Spencer
Elwyn Jenkins wrote: > Who gave you such mis-information? See previous, quoted message (from SnowDog) in thread. CCS --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]

[e-gold-list] Re: Put It All Into Perspective

2001-05-11 Thread Craig Spencer
Viking Coder wrote: > > > One Groupe International wrote > > > > We are backed by > > > > 50% physical gold > > 50% Gold Certificates > > 50% Cash > > > > Why bother with a reserve so much more expensive and so much less reliable > than 100% hard metal? What does it mean that they are "backed".

[e-gold-list] Re: Suggestion to e-gold, inc

2001-05-11 Thread Craig Spencer
I would like to elaborate on why I think it is unlikely that this good advice will be followed. Craig Spencer wrote: > > Julian Morrison wrote: > > > > I suggest you erase your listing page entirely, > > That would clearly be the best thing to do. JPM has warned before

[e-gold-list] Re: Suggestion to e-gold, inc

2001-05-10 Thread Craig Spencer
Julian Morrison wrote: > > I suggest you erase your listing page entirely, That would clearly be the best thing to do. JPM has warned before that the listing page is stupid and dangerous. The chances of e-gold taking this advise are nil. CCS --- You are currently subscribed to e-gold-list a

[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread Craig Spencer
Steven wrote: > > Just humor me, if you will. I'm new here. > Perhaps we are not speaking the same language. > I'm talking about legitimate banking with high returns. > I'm not sure what this negative feedback is based on. HYIP are not legitimate banking. They are easily identified scams. You

[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.

2001-05-04 Thread Craig Spencer
Steven wrote: > > Care to elaborate on that HYIP reference ? > How many have you tried and what were their names. This is amazing. I cannot decide between (1) this is just bull or (2) a genuine inability to think. If it is taken seriously then it explains a lot! Seriously making such an arg

[e-gold-list] Re: HYIPs and propellor-heads.

2001-05-04 Thread Craig Spencer
Ben Legume wrote: > by the likes of Count Moriarty and Grypthe-Thingee> Alternate picture: do you remember the little creatures called shmoos (from Li'l Abner) shaped like pork chops who loved jumping into frying pans and being eaten? CCS --- You are currently subscribed to e-gold-list as:

[e-gold-list] Re: CCS Scam postings...question

2001-05-03 Thread Craig Spencer
Chuck, I was simply offering analysis of claims made in the light of recent events and statistics. > What people use osgold for is no more or less concern that what people > use e-gold for or standard reserve for or goldmoney for. Any criticism of "what people use [it] for" was your own conc

[e-gold-list] Re: Which is best e-gold fundable debit card?

2001-04-22 Thread Craig Spencer
Julian, > > You are entirely right. As I think I indicated: it is all a deliberate > > deception. > > Cuation here: this may be deliberate or semi-deliberate deception, but > it isn't conspiracy. No, it is not a conspiracy. But statism does have a natural logic that shapes its development (as

[e-gold-list] Re: Which is best e-gold fundable debit card?

2001-04-22 Thread Craig Spencer
Julian Morrison wrote: > > All the fuss covers who's under attack here. The law enforcement folks > know perfectly well that without every single transaction worldwide > numbered, checked, and background-checked, any of the people they're > using as "boogeyman du jour" can run rings around them.

[e-gold-list] Re: Which is best e-gold fundable debit card?

2001-04-22 Thread Craig Spencer
Julian Morrison wrote: > Here's my position on this: money laundering is a fundmental natural > right. It's your damn money and nobody else's business, period. Your point, properly understood, is inspiring. But that should not obscure the fact that it IS morally wrong to allow criminals to prof

[e-gold-list] Re: Which is best e-gold fundable debit card?

2001-04-22 Thread Craig Spencer
Elwin, > Unfortunately CCS, you have misunderstood the two issues of anti-money > laundering which requires that financial institutions are disallowed from > maintaining "anonymous records" with that of the whole status of "privacy". > In fact, there is much on privacy and anti-money laundering t

[e-gold-list] Re: Which is best e-gold fundable debit card?

2001-04-20 Thread Craig Spencer
Elwyn Jenkins wrote: > This is absolutely incorrect regarding the "abolition of financial privacy". > The EU Directive is not focused on the abolition of financial privacy. It is > focussed on financial anonymity. It is not a matter of an EU Directive. It is the policy promulgated by the Briti

[e-gold-list] Re: Which is best e-gold fundable debit card?

2001-04-20 Thread Craig Spencer
Elwyn Jenkins wrote: > British Virgin Islands ... is a British Dependency. It has a constitution and > democratically elected parliament. The BVI is politically and economically > sound and the Government has virtual autonomy in its decision-making. In the past British Dependencies have been al

[e-gold-list] Re: Which is best e-gold fundable debit card?

2001-04-20 Thread Craig Spencer
> >> 1. Visa preferably, or otherwise Mastercard. Not some "own brand" card > >> scheme. For ATM only use this is not necessary. > 3. You do not need to go anonymous to be free from legal regquirements to > help out the nosy Feds. What you need is a card that is out of the USA > jurisdiction, an

[e-gold-list] Re: Metal Savings

2001-03-31 Thread Craig Spencer
>Kid, unfortunately and sadly moving offshore offers zero to little >actual protection. > >The short story: the US Government is so powerful, you're fucked. Perhaps so in the long run. >An "offshore server gasp" is a nice PR line, that's about it. But if Gold-Age had been physically offshore

[e-gold-list] Re: voluntary taxation

2001-02-11 Thread Craig Spencer
> The right to exclude other's from nature's benefits is a government > granted right and it has economic value. Land titles are government > created legal rights to the exclusive use of natural resources. Land and > natural resources are prior to human employment and use and to economic > product

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