Dear Jim,

James M. Ray wrote:
 According to the PGP
signed document, it was inspected in 2001, it's now 2003!

Huh? The document is here <http://Pecunix.info/gold_bars.htm> and clearly states "AF2/ViaMat, Zurich has been sealed under Via Mat blue seal number 0100601, affixed and sealed on 22nd July 2003". The Certificate of deposit is dated 18th August 2003.


Heck, how can I trust Via Mat itself (or ANY bullion bank!)?

ViaMat is not a bullion bank, it is a secure storage facility. The same comment could go for any storage facility James, even the e-gold one. Reputation clearly is meaningful, as you stated in your previous message.


James M. Ray wrote:
>>>I also think you discount the importance of personal reputation
>>>and integrity.

I think it might be possible to fool ME, even if I were flown to
the various vaults! I think it might also be possible to fool a
"real" auditor from a large, reputable firm. It might be easy,
in fact!

Yes, you may be right, but you need to establish an intent to fool these entities. Clearly, by taking on reputable (see above) independent third parties and storage facilities and being willing to communicate, Pecunix shows the opposite intent.


No, you've elided the frustrating part. That had to do with your
yammering about how the TOTAL failure of Arthur Andersen etc...

No, you miss the point... 2 of the 3 independent parties who scrutinise Pecunix are NOT accountants with large reputation (see above) capital at stake.


Ok, so does e-gold currently have a trustee or not? Did the existing trustee resign or not? Who is the current trustee?

Ask them! I see lots of rumors, but nothing from any actual person, so I have my doubts about the various rumors.

I am asking, right now on the OFFICIAL e-gold list Jim.


e-gold is deadly-serious,
and has been since 1996. That's why it's Better Money.

Well Jim, that is your opinion, and certainly you have very good reason to hold that opinion. I think JP May's message on this thread clearly sums up my opinion, and possibly many others.


Enough of this, let's just agree to disagree.

Regards,

Sidd.


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