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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%4:00 PM EST

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To: d:oug who wrote (80669)1/11/2002 10:31:47 AM
From: Claude Cormier  Read Replies (1) of 116753
 
Doug,

As indicated in this governance review:

goldmoney.com

Goldmoney is 100% gold held in storage. Unleveraged. Unencumbered. One digital gram for one physical gram.

When you buy GoldMoney. You buy gold. It is more or less like a gold pool sold by the bullion dealers like Kitco, Fidelitrade and others. The difference is that the gold is also part of a payment system. In other words, you can spend it or save it. Also, gold pools at bullion dealers is not necessarily unencumbered. At GoldMoney, it is fre and clear of any lien, 100% gold, 100% unencumbered.

Iamgold and other mining companies are considering GoldMoney.com as a way to pay dividends in Gold.
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