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

2001-05-30 Thread C. Cormier - Ormetal Inc.
On 30 May 2001, at 0:08, Viking Coder wrote: Has anybody actually tried to bail gold into GoldMoney yet? (fooled you didn't I) It is a good bet to suggest that goldfingercoin.com has.For sure Fidelitrade has. Claude --- You are currently subscribed to e-gold-list as: archive@jab.org To

[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, money

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

2001-05-29 Thread C. Cormier - Ormetal Inc.
On 29 May 2001, at 22:46, Craig Spencer wrote: 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. Craig, There are indeed differences.

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

2001-05-29 Thread jpm
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. Consider this real world example.

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

2001-05-29 Thread Samuel Mc Kee
Is a gram of e-gold worth less or more than a goldgrams because the titles to the grams are held by the trust instead of the user? or because e-gold servers are in the USA instead of being offshore ? That has always bothered me too. I wouldn't park an expensive car in a neighborhood ruled by

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

2001-05-29 Thread jpm
Is a gram of e-gold worth less or more than a goldgrams because the titles to the grams are held by the trust instead of the user? or because e-gold servers are in the USA instead of being offshore ? That has always bothered me too. I wouldn't park an expensive car in a neighborhood ruled by

[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 think that

[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 C. Cormier - Ormetal Inc.
On 29 May 2001, at 23:47, Craig Spencer wrote: For instance, IMO OmniPay's 4% spread could not be maintained and would probably be cut by at least 1% if Goldfinger were allowed to bail in gold. Since GoldMoney operates differently it could not maintain this artificially high spread. This