Viking Coder
Fri, 27 Apr 2001 10:09:20 -0700
> Call up GSR and tell them you have a 400oz Good delv bar you would like to > bail in -- and then tell us what happens. Unless things have changed with > the new storage facility the answer will be you have to buy from omnipay... > (No link this time, just a revised rant) Try this: Establish an account with JP Morgan Chase in London or Transguard in Dubai. Mr. Peter Smith Bullion Department Morgan Guaranty Trust Company 60 Victoria Embankment London EC4Y 0JP United Kingdom 011 44 207 325 1888 011 44 207 325 0735 FAX [EMAIL PROTECTED] OR Mahmoud A. Abdullah Manager Transguard P.O. Box 686 Dubai United Arab Emirates (971 4) 2822255 (971 4) 2827812 FAX [EMAIL PROTECTED] Next, fill that account with cash. Then send an order that this money be changed into metal bars in holding. Then send an order to do an intra-bank transfer of these metal bars into the e-gold Bullion Reserve Special Purpose Trust. JPMorgan Chase Bank and ... Allocated Bullion Account Agreement 3.1 DEPOSITS - Procedure-General: JPMorgan Chase Bank may receive Precious Metal from Gold & Silver Reserve, Inc., a Delaware, USA company (“G&SR”). JPMorgan Chase Bank also can receive Precious Metal from any other party for deposit into an Allocated Account, in accordance with procedures and restrictions agreed between JPMorgan Chase Bank, and e-gold and CEAL. Receipt of Precious Metal for deposit into an Allocated Account from G&SR, of from any other party in accordance with the agreed to procedures and restrictions, does not require instructions from either e-gold or CEAL. Transguard Custody Account Agreement 2 Transactions Transguard is authorised: (1) To receive Property in the Account; Transguard may receive Property from Gold & Silver Reserve, Inc., a Delaware, USA company (“G&SR”) or from any other party for allocation to the Account, in accordance with procedures and restrictions stipulated by e-gold and Escrow Agent . Receipt of Property for allocation to the Account does not require instructions from either e-gold or the Escrow Agent. Notice that both agreements say that you don't even need the acknowledgement, much less the permission, of e-gold or G&SR or your mother or even your priest to deposit metal into the holding account. You don't go through G&SR to bail in metal. That is the whole point of bailing in metal. This is what I meant by asking the wrong people the wrong questions. Omnipay is in the business of selling e-gold, e-silver, e-platinum, & e-palladium for national currencies. If you want to bail in metal, you are cutting out the middle man. So don't even bother asking the middle man. Viking Coder ________________ Worth Two Cents? http://www.2cw.org/VikingCoder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]