[e-gold-list] Re: things I like about e-gold

2003-09-10 Thread David Hillary
From: Jim Davidson [EMAIL PROTECTED] What does Redeemable for Gold mean in the real world? It means that there is gold in the system, ounce for ounce with whatever is in circulation. It means that if everyone who has any e-gold simultaneously decide to redeem their online gold for real

[e-gold-list] Re: things I like about e-gold

2003-09-10 Thread Jim Davidson
Dear David, E-gold is a little strange It is and your comments are excellent and very well taken. It seems to me that there will be great rejoicing one day when e-gold posts an audit. Regards, Jim http://www.ezez.com/ --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To

[e-gold-list] Re: things I like about e-gold

2003-09-08 Thread 2mhvz9ek02
Sorry to barge in on this but am very curious What does Redeemable for Gold mean in the real world? Vs Backed by gold? I realise that the obvious answer is that if you have a big enough chunk they will give you some actual gold if you ask for it, but in what sense is there security for the