Sidd, Simple theory, much harder to implement. And *that*, my erstwhile friend and colleague, is possibly the crux of all fraud. Hey, I'm teachable, as I'm sure you are. We spend serious $$$ on sorting out the crooks (3%) from the genuine (97%). Hmmm, I may even yet apply for a PI licence.
Again, proof of backing doesn't even begin to guarantee the ethics/morals of the company admin you are dealing with. Heck, a number of the ecurrency providers (that you and I deal with on an everyday basis), are owned by persons I don't know their NAMES, let alone have DD on! Incidently, I have completed 100's of hours of verifying folks, and ecurrency providers. The one provider I can vouch for, as far as backing is concerned, is INTGold. Again, I cannot vouch for INTGold admin ethics/morals/honesty, except to say I haven't had a dishonest transaction with them yet, after hundreds of thousands $$$ transactions. As far as Pecunix backing is concerned, (and I believe you when you say Pecunix is backed), I haven't had a need to do so, on a needs basis... Graham Kelly CEO On Wed, 19 Nov 2003 14:58:00 +1300, "Sidd" <[EMAIL PROTECTED]> said: > > > Graham Kelly wrote: > > In any case, real history has shown that there are fruadulent/crooked > > admin in both gold based, and non gold based ecurrencies. > > Yes, that is why it is imperative to have proof of the value > underwriting the currency, and that the value is safe from either > incompetent or dishonest operators. > It's simple isn't it? > Sidd. --------------------------------------------- GoldNow http://www.GoldNow.St Primary Customer Service +61 3 9776-4886 US Phone 1-866-999-1717 US Fax 1-213-559-8555 UK Phone +44 (0) 709 233-7612 UK Phone +44 (0) 709 201-4015 CEO 'Put your hand on a hot stove for a minute, and it seems like an hour. Sit with a pretty girl for an hour, and it seems like a minute. THAT'S relativity ' - Albert Einstein --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.