How long do you anticipate that the e-gold servers will be down?
Craig
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So when tallying up the money supply, I would not count both a gold
coin in a vault AND a paper note redeemable for that coin.
That's the difference between M1 and M2 isn't it?
Both terms are relevent to an economist.
Sincerely,
Craig (SnowDog)
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So when tallying up the money supply, I would not count both a gold
coin in a vault AND a paper note redeemable for that coin.
That's the difference between M1 and M2 isn't it?
I don't see the analogy with warehouse receipts. M1 itself is a
mish-mash created by printing presses and
A colleague of mine read the TC around 6 months ago, when we though of
providing this service to our clients and haven't found any cautions
against this kind of service.
When PayPal seized my money, they had a 'Guarantee that All PayPal Payments
are Good'.
Did anyone actually try to cut a
You will need to insist on an ISP mail address and even then you have no
protection against thievery from PayPal itself. Millions of people never
have a problem with PayPal, tens of thousand get ripped off by PayPal
themselves. There seems to be no pattern though about who they steal from
a few weeks you'll be making thousands of dollars a day.
2) Then, on a Monday, with 4 days of sales in your PayPal account, (maybe as
much as $20,000), PayPal will lock your account and hold your money for 6
months to a year.
3) Afterwhich they may, or may not, give you back some of it.
SnowDog
from the
e-gold system. Anything else is a third-party exchange.
The redemption process is essential to the function of a system like e-gold.
Without the ability to remove gold from the system, all confidence in the
system would be lost, and no exchanges would be possible.
Sincerely,
Craig (SnowDog
I haven't been reading this list for about a week, but have you guys noticed
that if you go to Google, and type in 'gold', then click 'I'm feeling
Lucky', instead of 'Google Search', that the E-Gold site comes up? How does
that work?
Craig
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=/technet/security/bull
etin/MS03-026.asp
Craig (SnowDog)
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Like Marco Patrick in EU, GoldNow has decided to trade in VirtualGold.
Anybody ever ask why they call it 'Virtual' Gold?
Craig
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Inspired by the indubitable SnowDog, DGCWorld has prepared a simple
one page report using Google.com search results to indicate the
possible usage of 4 popular gold currencies for goods and services:
http://www.dgcworld.com/googling.pdf
See how far behind I am on my email
And all because the old couple lives in a country with foreign exchange
controls and can't legally deal in e-gold and hence decided to use a bogus
address for their domain registration...
So they broke the law... I was almost feeling sorry for them.
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Yes, the Dallas Fed has on their site some preposterous
ideas about imposing negative interest rates on the
economy. But, the reality is that most of these are
very impractical and even the Dallas Fed says these
arrows aren't very straight. Who knows where they
might fly.
Jim, do you have
is not a pyramid scheme. Confusing such a term with a legitimate
business hinders us in our attempts to fight such scams.
Sincerely,.
Craig (SnowDog)
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Jim (of cambist fame) and I were discussing the idea about a year ago and
at the time my main concerns were to find a small enough government that I
could convince to let me write their Securities and Exchange act for them.
And so we begin, yet again, the slow ride to tyranny...
[No nation
Maybe the nation of Sealand has a comment on this subject? I'm
still just pleased that this event has finally happened, because of
problems with the NYSE-style markets which make many sensible
investors shy away from stocks.
Problems with the NYSE-style markets??
Craig
---
You are
Of course TGC is honorable and all, but how about the next company that
lists? CyberFrontier U2Networks may be a viable applicant, GoldNow
another. What if Privacity wants to list? No rules means everyone gets a
go - or is there an undemocratic, tyrannical system in which the
proprietors of
Capitalism and Freedom are derived from a legal and ethical system which
are
derived from the principle of Individual Rights. As private property,
the
propietors of DBourse get to pick and choose at their own discretion,
and
must abide by whatever contracts they have with other people.
Nothing wrong with that at all. Untill three HYIP crooks who read this
list put their heads together, that is.
Then it's still free market and nothing wrong with that either. Then a few
hundred investors get burned. Free market, tough luck.
Here's where we disagree, and probably where I
Can I see Sealand's constitution please?
Ooops, sorry. I meant, can I see the terms and coditions of listing on
Dbourse?
Hmmm. Isn't that what I said from the beginning was lacking and you said
wasn't needed?
No, it's fundamentally different. If someone can open a company, and write
the
Witness the recent SEC conviction of StockGeneration.
SEC wrote:
According to the SEC's complaint, the website described the
StockGeneration program as a virtual stock exchange in which
participants could buy and sell virtual shares in several virtual
companies at prices set by SG. The
.
Sincerely,
Craig (SnowDog)
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Graham, I have to respond to this. It rubs me the wrong way. :)
The issues are; We had 1000's of customers using OSGold... and nobody
forced them to. We had multiple 1000's orders, IN/OUT/EXCHANGE, and
nobody coerced/forced, or in anyway stood over these people. The
ecurrency was real (in
But e-gold also allows the scams, in the same way that those who
helped OSGold to withdraw their money by supplying debit cards, for
example. Not more, not less.
In other words... NO e-gold, NO scam.
So, IMO, if Graham or anybody else should be crucified, e-gold should
be too.
In
on or about June 4 2003 7:29:04 PM GMT, the e-gold
system had performed - for the first time in its
existence - over ** 100,000 ** e-metal spends in
the preceding 24 hours.
And the server didn't crash!!!
Craig
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To
Now it is 3:1 to 4:1. I think this is a clear indication
that something is changing in the way e-gold is being used.
[...]
Come to think of it, a 2:1 ratio would make most sense, wouldn't it? The
person who transacts and the person who checks to confirm the receipt.
That would mean,
It is, as I said, dozens of companies who wish to make thousands
of very small payments to recipients, who want a wide variety of
currencies.
Jim, can you explain how this process works?
Craig
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Please will someone be kind and tell me how to reply to individual
messages by email and how to create them via email instead of having to
login to the list each time...
Log in to the list. Go to 'Your Settings', and change the settings so that
you receive email.
Craig
---
You are
Prominence Bank (www.prominencebank.com)now offers funding and exchange
services for E-Gold and Evocash customers.
ALL FUNDS ARE TRANSFERED OR PLACED WITHIN 14 HOURS AFTER FUNDS ARE
RECEIVED
About 161 hours ago I placed an order through their website. So far I have
not even
What I did was for every possible initial hand, determine the best
strategy by
adding up the payouts for all possible continuations and choosing the
strategy
with the best average payout. This took quite a lot of computer time
(about 120
hours on a pretty fast machine), but in the end I ended
Well... it's still queens or better, though they did implement some sort
of
delay preventing a bot from playing too many hands too fast. They also
fail to
mention that I also lost money from time to time, but overall the bot did
indeed win.
There's no reason a bot should win. Even their
What operating system do you have installed? What browser? What email
client? Do you have a virusscanner? Is it updated frequently?
Do you only visit the e-gold site only by manually entering
https://use.e-gold.com/ in your browser address box? Do you have a
secure password?
The only other
I have found their service to be very good and without flaw. They are very
professional and I have never had a problem within their network.
How did you find them, since they are new to the internet?
Craig
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For the first time, the number of e-gold accounts with over 10 grams of gold
have exceeded 14,000. I count accounts with 10 grams or more, because I
think that 10 grams is an amount of e-gold which will definitely NOT be
abandoned by the owner as insignificant. Note, also, that there are now over
At 8:01 AM +1100 3/15/03, [EMAIL PROTECTED] wrote:
If only thse 14,000 users could be reached,
Reached how?
Jim, you shouldn't have asked! You know he's going to come back with, We
need to put pop-up ads on the login screen!
Craig
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Dear Sir - Let me make a few things clear. First off your order was with
Akasha Gold Exchange, NOT GetGoldNow. We are a completely different
company. We simply acquired Akasha Gold Exchange to shut them down.
When you acquire a company, you acquire their debts, as well.
Craig
---
You
The following People have been confirmed for illegal activity and
fraudulent funds via E-Gold, PayPal and Brightpay
1) Walter Cavanaugh - E-Gold # 756547
2) Tove Morris - E-Gold # 717260
3) James Anderson - E-Gold # 713430
How do you know these aren't stolen identities?
Craig
---
You
the interesting thing is the mirror statement is true:
4. The value of my holdings doesn't fluctuate as it does with Paypal.
If
I have AUG 100 in e-gold, it remains as AUG 100. And I don't have to
calculate
dollars to grams. As a retailer I have a simple process: I have a
product;
you
It is very easy to purchase a money order at the post office or grocery
store and mail it to an exchange provider. I don't understand why
people think it's so difficult to fund an e-gold account.
It's a pain when you can buy the product from someone else who takes credit
cards. You don't have
RJ, why are you bailing on Americonn.com? Not enough business?
Sincerely,
Craig
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Also, if this is the case, could someone please post an accurate summary
of the circumstances involved? I guess I missed it.
If I might hazard a guess... It's a pain to use. How many times do you make
a post and forget to put your password in place, or accidentally send your
password to someone
Craig, are you saying the archives of this list display e-addresses? Or
are folks grabbing e-addresses as members?
I can find your email address in your original message, and in the archive
here, (without loggin in):
http://www.e-gold.com/unsecure/lists.html
Craig
---
You are currently
I'm trying to log-in to e-gold for the first time after maintenance
yesterday, and the SRK appears to be broken.
1) Using 6.0.2800.1106, Cipher Strength 56-bit, Update Versions SP1;
Q324929:
Using this version, the SRK refuses to come up and hangs the browser,
requiring me to kill it.
2) Using
Thanks, Jay. A couple of notes:
1) I login everyday using IE, so it's seems quite a coincidence that it
would stop working immediately after your upgrade.
2) I don't usually log-in using Netscape, so that problem may have been
there for a while. However, I cannot resize the SRK window, and the
1) I login everyday using IE, so it's seems quite a coincidence that it
would stop working immediately after your upgrade.
It seems to be working fine now with IE. Maybe it was some kind of glitch.
Craig
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3) I'm not sure how to upgrade IE to 128-bit encryption. I tried
searching
the Microsoft site a couple of weeks ago, but could not find it.
i thought any IE6 would be 128-bit, so that is a good question. maybe you
are running under win2k and need this:
... What I am
wondering is, is there some easy test I can perform to tell if they
are probably gold or partly gold? I don't want to look like a
complete idiot if I take in lumps of brass or copper to be tested at
a jewellers.
Measure the density. Measure the volume by inserting the gold into
Wasn't it normal to ask BEFORE receiving my e-gold? On which rules they
don't want to send my money now?
Why don't you just ask them to send the e-gold back to your account? Will
they do this?
Craig
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Yes, that could very well be !
However, who would that have been paid out to ?
According to information I just got following verification, the people
who were defrauded by Costagold have not received anything...
This is one of those questionable operations. Didn't Costagold advertised
itself
I may have to stand corrected on Costa Gold. From reading some of the emails
in this user group,
http://ca.groups.yahoo.com/group/Global-Recovery-Group-how-to-join/
it looks like the money held by e-gold was recovered by the victims of the
Costa Gold operation. If true, that would be welcome
Um, e-gold IS money. Just think about the nature of money. e-gold is
money.
We all agree on this, but it sure would not be considered as such in a
court
of law,
and therefore, ADL's argument would fall flat on its face
The Patriot Act considers it money, and references it as 'stored
Here's a link describing a Money Services Business from the US government
website. It looks to me like exchange services qualify.
http://msb.gov/msb/index.html
Craig (Houston)
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The response was to Craig on why we do not give notice before the site may
be down. When this thread started the site was down for 23 minutes. Hardly
something to be warned about by a technician prior to this to warn the
digital gold community who is not involved with Crowne Gold anyhow,
Last year at this time, I did a Google search to try to determine which
areas of the general economy are using e-gold. Well a year has passed, and
now we can compare how the uses for e-gold may have changed throughout the
general economy.
General
1) I didn't do this generic search last year, but
This is the final two weeks in this process. If the site is down it is due
to the technicians need to have the site down during their construction
process.
I don't have any gold in my Crowne Gold account -- but this is why!
Down-time, especially significant down-time, needs to be conveyed to
GoldMoney and e-gold maintain this ratio at exactly 1 digital gram / 1
physical gram. The old US gold standard maintained this ratio at exactly
1
dollar / 23.22 physical grains.
A gold standard, and fractional reserve banking are two different things.
The US has always had fractional reserve
Let's say I want to start a company that lends out actual e-gold grams on
a
fractional reserve basis. I take in e-gold deposits, and I then I lend
out
ten times as much e-gold as I have on deposit.
I can't really do this, can I?
That's not fractional reserve banking, (nor any kind of
Hello Jim!
How about taking the sender's email addresse out of the message header, and
setting the message to both reply-to, and reply-from, the e-gold list, so
that the scammers can't identify with us? :)
Craig
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Are there any e-gold exchange providers in Malaysia? Also anyone providing
exchange between e-gold and e-Dinar and other DGCs? Yes I know that e-gold
and e-Dinar accounts used to be synonymous, but that is not so anymore.
Any
information on how e-Dinar is progressing would be appreciated. Was
Yes, I understand that PayPal is a dangerous system...
I'm curious, though, why you are going to accept PayPal payments? Do you
believe that your security checks will be adequate to prevent any thieves
from sending you bad money, or do you simply disagree when we say that
PayPal is run by
I do however have ALL the funds in my account, did not pay the scammer his
last payment so I still have a 33% profit on this deal. I do not like my
paypal to be blocked though.
Note that PayPal will reverse the ACH transactions to your bank account, as
well. To stop this, you need to go to your
Leaving aside for a moment the fact that there are no
Norfed Dollars, but there are Liberty Dollars which have
a relationship to the NORFED organization, let's ask
what you think a US dollar is: what do you think a US
dollar is?
When I used the term 'Norfed dollars' and 'US dollars', I'm
any reference.
http://www4.law.cornell.edu/uscode/
Craig (SnowDog)
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TITLE 18 , PART I , CHAPTER 25 , Sec. 486.
Sec. 486. - Uttering coins of gold, silver or other metal
Whoever, except as authorized by law, makes or utters or passes,
or attempts to utter or pass, any coins of gold or silver or other
metal, or alloys of metals, intended for use as current
. If the customer sends his money to a
bad exchange service, then the customer will lose the money he sent. If the
exchange service fails to identify his customers, he will lose THOUSANDS,
and could be financially ruined.
Craig (SnowDog)
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Check out this disclaimer, from the Norfed website:
Disclaimer: Gold Silver Libertys are neither legal tender, money,
current money nor coins; they are not minted, issued or approved by any
government agency; do not generally circulate; are not intended to
circulate; and do not relate to
Folks, I know the emotions are high these days, but if we could
leave off the profanities I won't be forced to moderate. Thanks
in advance for expressing yourselves strongly-but-civilly. Also,
I hope that few-not-many messages to this list will become the
last-not-first resort, when people
Just to bring this thread back to its subject heading, for fits
and giggles, I learned today from Bernard von NotHaus that the
Liberty Dollar has now exceeded $3 million in circulation in
silver pieces, paper warehouse receipts, and digital warehouse
receipts. Still places third among free
The audit represents a count of the silver and gold in the
warehouse against which any form of warehouse receipt, paper
or digital, has been issued. The audit does not offer to
account for any of the gold or silver pieces which have been
purchased and placed in circulation separately.
Are
?
Thanks,
SnowDog
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,
and the final total will be $100.45.
Note, that the price to the customer will generally be just 1 percent less
than what he sends to you, if you compile several payments into one before
taking Omnipay's check.
SnowDog
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1% per year, so that would be $1.21 per year.
So the total is $119.30 - 2.36 = $116.94 (not including the storage fee of
1% per year)
SnowDog
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We are a new merchant to E-gold. Are you saying that if we accept E-gold
for payment on our website for our services, we won't be able to take that
e-gold and get a check for it?
Sure, there are a host of exchange services which will buy e-gold from you.
I keep a list here:
London Gold Exchange is sending out a newsletter
promoting some chainletter deal.
I do not care what gimmick they promote as long as they do
not push it to their exchanger client list.
How do you know it's from London Gold Exchange? There is at least one
scavenger out there sending out spam
I am not able to spend e-gold right now.
Some of my referrals even can not see the balance.
It's been getting worse the past few months. I have a very difficult time
checking my balance, and doing spends, these days.
Time for a new Server? Maybe a Distributed Processing Rewrite?
Craig
Concentration camps? Surely you don't mean the types used in
Nazi Germany.
http://www.godwinslaw.com/
Craig (SnowDog)
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IF anyone has not changed their password to their E-Bull account, and
cannot get into the system, contact the admin at e-Bull. Great people and
very responsive to clients.
Just did. Excellent customer service!
Craig (SnowDog)
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Can anyone else get into their E-Bullion account now? It would do my heart
good to know that it's a system error.
Craig
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this policy apply now? Is there a grandfather clause? What if I
have to remove more than 50gg Next Week?
Craig (Snowdog)
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http://www.reuters.com/news_article.jhtml?type=searchStoryID=1286489
Perfect timing with PayPal withdrawing support for online casinos.
Craig
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Use e-gold's Secure
card or PayPal account with your hard payment.
However, an exchange service cannot perform the transaction in reverse
without being targetted by internet thieves.
Sincerely,
Craig (SnowDog)
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.
Craig (SnowDog)
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My apologies for our model (at least he was cheap!).
Actually, get rid of some gut, keep the sunglasses on, and you look pretty
sharp. (PS: I'm not gay -- not that there's anything wrong with that.)
Craig
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I don't look at the e-gold velocity stats very often but isn't the
current velocity incredibly low? It's currently at about $650,000.00.
Hasn't it typically been much higher? Again, I don't have much
historical reference, but I recall velocities of 3 or 4 million in the
past!
It hasn't
Didn't OSGold start in January, 2001? If so, it lasted about 18 months.
As of 07/12/02 OSGOLD operations will suspend all activity for a period of
90 days or until the expected funds are released. This will give all
principals the time needed to reorganize under current laws and regulations
From the latest information at www.onegroupe.com, I had thought that the
managers were still maintaining a pretense of propriety. However, with
yesterday's update, it now appears that this pretense is put out solely by
whatever staff they had working for them, and that the principles have
already
Um, what makes you think there has ever been a third party audit of
e-gold,
ever? I don't see it anywhere.
There was an audit on Feb 22, 2001. They removed the document when they
changed the Examiner Page.
Craig
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That's not the (only) thing you look at. Since Standard Reserve and OsGold
are (were (in the case of Standard Reserve)?) e-metal currencies and you
decide not to work with them.
Has anyone EVER redeemed any gold from OSGold?
Craig
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Does anyone here know about how much palladium there
is (known reserves, plus metal above ground, I guess)?
I looked a bit on google, and found not-much (but saw
a few mentions of e-gold even when I wasn't searching
for it, which was cool!).
The closest I come is with this:
SUPPLY: South
Is this crap
http://www.standardreserve.com/
gonna affect e-gold badly?
I thought Standard Reserve had signed-up a cruise line last year, with
60,000 employees as customers. They were quite excited about it, at the
time. If they did sign them up, I imagine another lawsuit from these guys
I am ready to redeem some of my egold. Forgive my ignorance, but could
someone describe to me how to withdraw egold and convert it into US
dollars?
You have to sell your e-gold to an exchange service. I keep a list here:
www.golddirectory.com/e-gold.htm. There is also a list on the e-gold
Notice that the items in Switzerland are not listed as bars of gold, but
rather, Scotia-Mocatta Delivery Orders.
The MDO
The Scotia Mocatta Delivery Order (MDO) offers overseas or domestic storage
of precious metals. Domestically, the metals are stored in Delaware
Depository Services,
So to answer your question:
People use E-Gold, because they can - without fear of being tracked.
E-gold does provide a very convenient way for Law Enforcement to track and
prosecute these criminals, since all of their activity is maintained in the
central database -- but Law Enforcement won't
Good Paul (or better Pavel Zarva??), you are operating under a moniker and
expect trust A real name which points to a post-communistic
individual?
I'll vouch for Paul's integrity, with the observation that he's been running
his business for almost a year, or so, (maybe longer), without
Well, Lew is at it again. Gary North writes:
http://www.lewrockwell.com/north/north107.html
and leaves out any mention of digital gold.
I've spoken to Lew Rockwell twice, at two of Ron Paul's birthday parties,
and even gave him an E-gold pen, but he is quite opposed to the concept, for
(By the way, it is more than a bar of gold, right? So, your
theory, and Snowdog's theory, that e-gold buys a bar of gold
and has more than enough sometimes is, I think, mistaken. If
that were the only reason for the discrepancy, there would be
less than a bar of gold difference, not more
It seems to me to be quite simple in the discreprency. the e-gold trust
has in fact purchased more gold than they are liable for, to cover all
liabilities, and to cover future liabilities when the time arises. It's
much simpler to buy 400oz bars at a time, than it is to divide gold to
two
*** CONCESSION
You know, it seems like the Trust could easily avoid this whole issue by
simply holding these other liabilities IN E-GOLD ACCOUNTS. Just take
the
19,106.21 gg and divvy it up into some new accounts. Boom! Assets =
Liabilities to e-gold account holders.
But you
Hey Eric!
Welcome to the argument from hell! :)
What we're seeing is an itemized
list of the Assets of E-Gold LTD, and their Liabilities. No matter how
you
look at it, they have MORE assets than liabilities.
(end snip)
E-Gold LTD has a liability to their customers for the e-gold in their
E-Gold doesn't purchase gold. The discrepancy is from storage fees,
accumulated over time.
Craig
Dear Craig,
I never said e-gold. I said the e-gold trust.
Hello Tristan!
I didn't mean to be so abrupt. However, the Trust does not purchase gold,
either. The only entity that purchases
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