I Have someone in Malaysia who needs to just get a couple of grams into
e-gold. Does anyone have some details I can pass along?
e-dinar.com 's business page seemd very blank and I am trying to avoid any
wire fees etc...
cya, Andrew...
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Its an interesting question, that of security requirements for a global gold
standard.
No new technology is needed, if all the central banks of the world decided
to deregulate interest rates and irrevokably peg their currencies to
wholesale gold bullion. This is a policy decision. If undertaken
The approach of comparing gold reserves and money is so totally wrong I
can't understand why it would afflict so many people on this list.
The value money held at a bank must be the lesser of its redemption value
and the value of the bank's total assets to total liabilities (assuming all
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
At 07:12 PM 1/8/2003 +1100, David Hillary wrote:
The approach of comparing gold reserves and money is so totally wrong I
can't understand why it would afflict so many people on this list.
I was wondering when somebody was going to say something like this.
The value money held at a bank must
George and fellows shalom,
First I'll grab this opportunity to wish you all a Happy New Year (A Gold
one).
With all the hacking we have seen, is it possible to safely apply today's
technology to a true global currency?What security issues need to be
overcome? What is required to
At 07:11 AM 1/8/2003 -0600, SnowDog wrote:
A gold standard, and fractional reserve banking are two different things.
The US has always had fractional reserve banking. I can't imagine that any
future gold standard would restrict banks from loaning out money. If banks
loan money, there's going to
With the price of gold at $353.80 per troy ounce and the price of crude oil
at $30.44 per barrel, we have a gold / oil ratio of about 11.6 right now.
The rule of thumb I've heard is that when this ratio is lower than 12,
generally speaking gold is a bargain. It seems like every time over the
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
SnowDog wrote
That's not fractional reserve banking, (nor any kind of banking that I've
ever heard). In fractional reserve banking, you take in deposits, and then
loan-out 90% of those deposits, (say). The borrowers deposit the money in a
bank, (either same bank, or another bank), allowing
this article online
http://www.islam-online.net/english/news/2003-01/08/article08.shtml
which might be of interest here. They say they have 600,000 users
at e-dinar.com. Wow!
HR
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At 03:17 PM 1/8/2003 -0500, [EMAIL PROTECTED] wrote:
this article online
http://www.islam-online.net/english/news/2003-01/08/article08.shtml
which might be of interest here. They say they have 600,000 users
at e-dinar.com. Wow!
HR
Wow is right -- much better than the Euro idea. Interesting
At 03:36 PM 1/8/2003 -0500, you wrote:
http://www.islam-online.net/english/news/2003-01/08/article08.shtml
Wow is right -- much better than the Euro idea. Interesting that they
have 600,000 accounts and that's about how many e-gold has too. How the
heck could they grow that fast?
I'm
I think the account numbers are the same as e-gold, in that the 2 dbases
seem integrated with each other. I just opened an e-dinar account, 709426,
from the edinar website, now if you try and make a spend to that account
from egold, you will see it is there as well (feel free to spend if you
At 12:26 AM 1/9/2003 +0100, marco wrote:
I think the account numbers are the same as e-gold, in that the 2 dbases
seem integrated with each other. I just opened an e-dinar account, 709426,
from the edinar website, now if you try and make a spend to that account
from egold, you will see it is
Greetings,
Just a quick shout out to the e-gold list,
get your US and World Gold Coin wants in because:
THE FUN STARTS TOMORROW!
Thats the Florida United Numismatist Convention January 12-13th in
Orlando.
Featuring Multiple major auctions including The Warner Collection of
Ancient Coins.
Be
First time, I see this misleading stuff in quasi-print.
Just to remind everyhone gold dinar and e-dinar are different things and
they are NOT identical.
Also, quite frankly, I doubt that there are 600,000 users of a system that
has no entries on the Business List of their own site. Honestly, if
Actually INDONESIA has the largest Muslim population in the world.
Malaysia is more known for it's moderate Islamic policies and for the
highest buildings in the world.
Actually only about 60% of the Malaysian population are Muslim.
That makes a bit over 10 million people, less than many other
At 10:43 AM -0800 1/6/03, James A. Donald wrote:
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On 6 Jan 2003 at 10:59, Robert S.Z. wrote:
Hello everyone,
There are rumours that Ez-BUCKS.co.uk made a run with their
client's deposits
Ez-BUCKS offers 200% interest for 30 days deposit, which works
out as 409600% a year.
...
I really
At 12:52 PM -0500 1/7/03, George Matyjewicz wrote:
...
Interesting dialogue on this topic. I agree that the gold standard would
never happen. When I originally posted the question, I didn't mean a gold
standard in the US. Rather a global gold standard. Which makes it more
impossible.
From: Paul LeBreton Password
Sent: Wednesday, January 08, 2003 2:02 PM
Subject: FMS Page Update for FMS-Exchange Rates
The Treasury Reporting Rates of Exchange as of December 31, 2002 are now available on
the FMS web site at:
http://fms.treas.gov/intn.html
FMS Webmaster
Send
Hi all,
Regarding the backing of different sorts of money.
At the bottom of the monetary tree is actual gold, i.e. wholesale and retail
bullion, for which all money under a gold standard can be ultimately
redeemed notwithstanding any default in the process.
This physical gold forms a reserve
Guys,
This site sells Pimsleur's language courses... (wonderful courses... I'm
learning Texan French!!!) I'm fixing to get him to sign up for an
e-gold account! :)
www.pluralitylanguage.com
Can y'all email them, and request an e-gold payment option?
Graham Kelly CEO
Happy New Year, from the
Yes, we can do that.
Our exchange fees for this type of transaction are:
2.5% or $5.00 minimum
USD1.00 = MYR 3.82 [if the client pays in Malaysia]
Contact: [EMAIL PROTECTED]
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Gold Today is now open for business
Please go to http://www.gold-today.com to place your order.
We service the Australian Community only.
Kind regards,
[EMAIL PROTECTED]
http://www.gold-today.com
http://www.currencyregistry.com
'Do not go where the path may lead, go instead where there is
At 8:56 PM -0500 1/8/03, Mark S. Ohberg wrote:
Greetings,
Just a quick shout out to the e-gold list,
get your US and World Gold Coin wants in because:
THE FUN STARTS TOMORROW!
Hey Mark, thanks for reminding us, but you got the dates
wrong! http://www.funtopics.com/ (click coin show) says
it's
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