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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: d:oug who wrote (36462)	7/4/1999 10:49:00 AM
From: Claude Cormier	Read Replies (1) of 116759

Hello Doug, I think that everybody connected to the net will benefit greatly from a system like E-gold once it is fully implemented. Remember this system has been designed for the Internet and would not exist otherwise. It is designed to become the ultimate payment system backed by gold and to replace credit cards. It is targetting e-commerce. It is true that people in countries with weak currencies would benefit a lot with a gold-backed currency. But that is not why E-gold owners have designed it. As for what government will do in future years...it can't be worse than what they have done with the currencies for decades.

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