Craig, bailing is incredibly easy with GoldMoney!

I am sure that Jim at GoldFinger is indeed bailing in bars, And its
fantastic that he is selling only 1500 bucks worth at 2%!!

Wonderful!!

CoconutGold has fully organized with Mr. Turk at GoldMoney to bail in
bars.

Repeat, I can bail in a bar to GoldMoney right now, this minute.

Even better, I have everything organized to buy 400 ounce bars AT
COST.  Again, right now, this minute.

Again, right now, at CoconutGold, we can take $110 thousand bucks (or
whatever the current spot price of about 400 ouces of gold is) and get
that much GoldMoney GoldGrams **AT SPOT**.

That's right, GoldGrams AT SPOT in bar sizes.

CoconutGold is very happy to pass this service on to anyone for a trivial
fee (I would probably charge $500 .. if you're a regular client of mine, I
probably wouldn't charge anything).  $500 is a bit less that 1/2%.

The procedure is this simple:

Wire Coconutgold about the spot price of a bar, plus an excess (say $120
thou).  Discuss with me what size bar you'd prefer.  Within 24 hours, the
GoldGrams will appear in your GoldMoney account.  Coconut will wire back
to you the excess over the spot price.

(If you have perfect credit with Coconut, you can just whistle one up and
pay me afterwards.)

If you need to buy slightly LESS than a bar worth of GoldMoney (as I say,
maybe 70-80 grand) Coconut will buy a bar for you and we'll buy the
excess.

If you need to buy 2, 3 or a dozen bars, I would probably STILL only
charge you $500, which is less than nothing as apercentage.

Attention echange providers!  Do you have clients who want LARGE amounts
of e-gold grams?  You can buy e-gold grams at 2-3% from Omnipay, and then
mark it up to sell on to the client. OR you can buy GoldMOney at SPOT SPOT
SPOT ! ! ! (with only a $500 charge from me) and THEN markup and sell it
to your client.

Everyone's been whining about how high spreads are on DGCs.   Especially
me!

If you like the sound of LESS THAN 1/2 A PERCENT at wholesale, all you
have to do is have your clients buy GoldMoney bars rather than e-gold
bars.

If you want DGC grams AT SPOT, just whistle up Coconut!

I hope it helps,
JP




On Sun, 26 Aug 2001, SnowDog wrote:

> > Craig, I wholesale e-gold for less than that .. on a semi-regular basis
> > .. to my circle of MM clients.
> 
> Yes, JP, I know, but your minimum order is 1/2 a kilo, or so it used to be.
> Goldfinger is selling it at 2% for minimum orders of $1,500 US. The point I
> was emphasizing was that it appears that someone is bailing in bars, into
> the GoldMoney system, other than FideliTrade, which seems to have given up.
> 
> SnowDog


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