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.
As
On 21 Jul 2001, at 9:16, Craig Spencer wrote:
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
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 you point
On 21 Jul 2001, at 12:09, Craig Spencer wrote:
Yes. Altho the detailed law**S** and their effects are MUCH more
complicated (of course!) and intellectually perverted than my brief
reference indicates. You can find some information and legal
references here.
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 I
On 21 Jul 2001, at 13:12, Craig Spencer wrote:
There are all sorts of ways (what the government is fond of calling
enforcement tools) that ANYONE in the US can be targeted, jailed,
bankrupted, have all their property stolen and generally have their
life made a living hell without ANY legal
C. Cormier - Ormetal Inc. wrote:
But what can they do if the corporation is operating outside the
country and has no asset in the country
They will mumble about aiding tax evasion or construe the website as
operating inside the USA.
---
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On 21 Jul 2001, at 18:22, Julian Morrison wrote:
They will mumble about aiding tax evasion
Well...then explain why the MONEX, FIDELITRADE and other
bullion dealers in the US have been selling gold for cash since they
exist and have not been shut down... Why would a GBC issuer be?
or
The de facto US Constitution consists of eight words:
ANYTHING GOES... THAT WE CAN GET AWAY WITH.
Frederick Mann
At 01:12 PM 07/21/2001 -0400,Craig Spencer [EMAIL PROTECTED] wrote:
There are all sorts of ways (what the government is fond of calling
enforcement tools) that ANYONE in the US can
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
C. Cormier - Ormetal Inc. wrote:
On 21 Jul 2001, at 18:22, Julian Morrison wrote:
They will mumble about aiding tax evasion
Well...then explain why the MONEX, FIDELITRADE and other
bullion dealers in the US have been selling gold for cash since they
exist and have not been shut
Ken,
Great article! Your site has a refreshingly clean and crisp look to it
as well. Nice job on the overhaul!
Just for your info (and possibly to correct the information in your
article) Gaithmans now proudly offers e-Bullion products (Gold Silver) at
www.gaithmans.com Of special
I have written an in-depth article introducing e-Bullion. You can read it
on the beta-site for the new version of The Gold Economy. While you're
there, poke around the site a bit and let me know what you think.
URL: http://www.goldbankone.com/article.php?sid=123mode=nestedorder=0
this
I have written an in-depth article introducing e-Bullion. You can
read it
on the beta-site for the new version of The Gold Economy. While
you'rethere, poke around the site a bit and let me know what you
think.
URL: http://www.goldbankone.co
The Gold Economy site looks refreshing new
On 21 Jul 2001, at 4:03, The Snipper wrote:
Looks to me like Pecunix is going to be the only 'private' gold
supplier available.
Can you be more specific about what is not private in the other
GBCs ?
I think that you are seriously biased!
It doesn't really matter if some shareholders of the
On 21 Jul 2001, at 4:03, The Snipper wrote:
Looks to me like Pecunix is going to be the only 'private' gold
supplier available.
Can you be more specific about what is not private in the other
GBCs ?
I think that you are seriously biased!
It doesn't really matter if some shareholders of
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 the
The Snipper [EMAIL PROTECTED] wrote:
As you have pointed out the main weakness is that some or all of the key
players in each company listed reside or have close connections in the US.
Pecunix has other problems: they specifically aim the MLM/gaming/scam
market (at least in the beginning),
Pecunix has other problems: they specifically aim the MLM/gaming/scam
market (at least in the beginning), thereby introducing a higher risk of
being shut down by the authorities.
1) They did not SPECIFICALLY target MLM/Gaming/Scam. MLM and Gaming are
mentioned. nowhere do I see the word
On 21 Jul 2001, at 1:02, Craig Spencer 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.
As long
On 21 Jul 2001, at 4:47, The Snipper wrote:
As for the 'private' part, I was refering to private in the sense,
free from US government intrusion. Don't take what I say out of
context. My sentence was included as part of:
OK. But then, Pecunix is not unique in that regard. GoldMoney
I have written an in-depth article introducing e-Bullion. You can read it
on the beta-site for the new version of The Gold Economy. While you're
there, poke around the site a bit and let me know what you think.
URL: http://www.goldbankone.com/article.php?sid=123mode=nestedorder=0
Ken Griffith
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