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
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/
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To
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