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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (36538)	7/5/1999 10:39:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 116950

Has anyone considered the amount of gold to hit the market from the BOE sale may cause a dramatic increase in Future and Future Options to be written. This may very well lower the spot considerably. Hutch

To: Claude Cormier who wrote (36538)	7/6/1999 12:24:00 AM
From: d:oug	Read Replies (1) \| Respond to of 116950

Claude, this e-gold system might be like that child's book story which I remember the title, but I really don't have a clue what the story is. "The Mouse That Roared" Imagine if the expected for gold bugs, and the not expected for most of the world's population, that the USA bubble pops .... and so on, and out of the crash and mess arises gold as the only thing undamaged and getting stronger in each passing day. Then this e-gold will let people buy gold and most importantly a means to use it as currency to buy and sell for an exchange of currency thats represented in the price of gold, and this done as you pointed out thru the electronic exchange of ownership thru the internet. if the USA bubble pops and other countries economies fall either before or after than a cry will go out heard by all why and the answer will be, blame paper money and the e-gold mouse will roar like the pide pipper "join and follow me" Also, it was clearly stated in the e-gold web site that they are not in the business to loan rent etc the gold stored by members, but what if a member holding lots of gold in e-gold tried to act like a "bank" and rent out their holding to other members ? Does e-gold have rules and regulations that spell out "things" that cannot be done ? doug