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To: LLCF who wrote (6653)	8/4/2001 3:03:34 PM
From: Ilaine	Read Replies (2) \| Respond to of 74559

>>e-gold is an electronic currency, issued by e-gold Ltd., a Nevis corporation, 100% backed at all times by gold bullion in allocated storage.<< e-gold.com Did I ever tell you about how my husband got ripped off by a gold storage agreement? Can't remember the name of the company, or the specifics about why they went belly-up, but he's probably still got the bankruptcy paperwork somewhere - he put in all the money he inherited when his father died. It got a lot of press back in the 1980's, a lot of little investors got ripped off. Basically, they ran ads in magazines and newspapers offering to sell gold bullion, and keep it in storage, and mail you interest checks. Then they filed for bankruptcy, and there were almost no assets. The beauty of physical gold is that you don't have to trust anyone. Other than that, what's the point?