Dear Jim
> Yes, it is. E-gold is gold itself, circulated electronically. There is actual, real gold in vaults in London, Zurich, and Dubai. It is actually possible to redeem e-gold for gold. I've done it myself. The first thing E-gold says on their site is that egold is 100% *backed* by gold. Obviously there has to be gold in the vaults to cover that claim (i guess this is one of the reasons they have more gold than egold: they have to cover at all times the egold that is bought). And one can also redeem / exchange the egold for gold (but also for other things, like platinum, palladium, silver, EUR, USD). So, just because it can be redeemed / exchanged doesn't mean that *it is* that. Besides, any currency can say it's gold because at any time one can exchange that currency for gold, even though the value of the currency is not anchored to the gold's value (as egold is). Of course, it is possible to say that egold is and also isn't gold. This may come in handy in a court room, in countries with laws that forbid people to buy / sell precious metals through any other channels than those recognized by the state. And yes, the country I live in, Romania, is one of them... until some laws will regulate electronic currencies... > That would be Jay Wherley... Might be an exclamation point, too Thanks for clearing that up! I thought so, but I wasn't sure. Yes there is an an exclamation sign but I don't like them, like in "Yahoo!", "ShareIt!"... I don't understand it's purpose! Thank you Jay for that gram! Though I lost it on BOM because I was greedy, it did lead me to the current understanding about daily patterns. Regards, George Hara www.filematrix.xnet.ro ------------------------------------------------------- Xnet scaneaza automat toate mesajele impotriva virusilor folosind RAV AntiVirus. Xnet automatically scans all messages for viruses using RAV AntiVirus. Nota: RAV AntiVirus poate sa nu detecteze toti virusii noi sau toate variantele lor. Va rugam sa luati in considerare ca exista un risc de fiecare data cand deschideti fisiere atasate si ca MobiFon nu este responsabila pentru nici un prejudiciu cauzat de virusi. Disclaimer: RAV AntiVirus may not be able to detect all new viruses and variants. Please be aware that there is a risk involved whenever opening e-mail attachments to your computer and that MobiFon is not responsible for any damages caused by viruses. --- 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.
