> Now Omnipay asks spot + 2% on inexchange and pays spot - 2% on > outexchange. > > So Robert, wouldn't you say that Omnipay has moved in the direction you > suggest? Just not as far as you'd like, right? > Absolutely. Another reason why I believe that they eventually would come around and join the gang. After all, if the majority does it and everybody makes decent money, exchangers should not really care on which side they earn their respective revenue.
And while Asian clients, the mainstay of the next two decades, short of more American adventurism in foreign politics, are pretty easy to convince to use gold for online trades, they can't understan dwhy they should pay a surcharge. // --- NOTE TO EVERYONE: I WILL ANSWER THE PRIVATE MAILS TONITE AS WELL !!! // Getting off the abstract arguments for a moment and looking at the tought patterns of the clients (Asian) - something exchangers might want to start exercising - we get the following thought thread: // WARNING: REAL LIFE SCENARIO. DO NOT TRY THIS AT HOME! <xml type='mind_reading' status='on'> " Okay, so I buy this e-gold thing because these guys say it's good an real and actual gold. Not that I would know what on Earth a depositary is and why the hell they don't post those audits anymore. But, yeah, these guys who tell me it's a good thing have been honourable in their dealings with me and I trust them, so I'll try this e-gold stuff cause they say it's good. Let me see, I have an account and in www.thegoldindex.com I found this casino which looks interesting. Let's get some funding and on the weekend I'll sit with my friends and we play over a bottle of Black Label or two. What is that? I pay for the transfer fees, which makes sense and I pay a percentage on top? Why? I mean if they want to make profit and pay their expenses and stuff (don't we all?) that makes sense, but why a percentage? Their costs are fixed. Just because they sell more or less doesn't change their fixed costs of maintaining a bank account, Internet connection, etc. Just imagine I would start charging a percentage on top of everything I sell, rather than a flat mark-up. #Good evening Mr. Wong, the market price of your shoes today is $19,25 plus 4%... smile#. This is strange. Well, Robert just said on the phone that exchangers were straddling a spread and that e-gold was charging storage fees and that the exchangers were carrying the risk of spot market fluctuations. But this doesn't make sense. I didn't geddit, at first. For one, a spread is something I have on bread and and I might straddle a horse, or that cute secretary next door, but why do I pay exchanger's love affairs? Robert then explained that those two terms were how those Farangs called what we refer to as shaving on both ends. Well, gotta make a living. What I still don't get is why I have to pay for the exchangers' speculation. They sure wouldn't share any profits they made from keeping gold in stock in a rising market, would they? And why pay for their storage fee? I mean, I'm buying gold off them, so the fees are now lower for them. If anything they should give me a discount. Now, them charging me a fee to buy gold back from me, that makes sense of course. First they have to store it, which costs money. Then they have to find a new buyer, which costs money as well - tell me about it. Luckily I saved a bundle this time on the hosting of my site at www.cyberica.net. So yes, selling at a discount makes sense, but buying at a surcharge just doesn't. If it was gold coins or a nice ring or something, buying that at a surcharge and selling at spot, makes sense. But this is electronic. I can't wear it, I can't withdraw it - never understood that unbailing thing really - apart from that imagine my wife seeing me coming home with gold bars. Naw, this is too weird. Maybe I didn't understand it all, but I will take these guys advise and accept e-gold payments on my site. Clever huh? In this way I save the fee on buying it. And on the weekend I use my credit card to play together with the fellas. Is easier anyway. heaven knows who the guy is I would have sent the money to to buy gold..." </xml> Any Questions left unanswered? Don't argue with me over the thought patterns of the small business man. His knowledge and savoir vivre or indeed his perceptions of it all are not debatable or arguable. The above is a real life example of why e-gold and exchangers are missing out again. Get some Asians on staff for crying out loud and stop thinking that the rest of the planet thinks the way you do - I fell in the same trap. And am now trying to show you were the traps are and how to avoid them. Of course, I'll charge everyone an arm, both legs and assorted internal organs to help them out of the trap should they fall into it anyway. But that's because I'm a nice guy. Cheers, Robert. budget & privacy website hosting http://www.cyberica.net budget & privacy domain registrations + mail http://www.u2planet.com/cfdomaintrust.html --- 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.
