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

To: IngotWeTrust who wrote (78963)	10/30/2001 6:11:15 PM
From: marcos	Respond to of 116972

Are you stating that the SEC regulates the trading of gold? What is your evidence that Mr Turk's GoldMoney is 'fractional'? Who in your opinion does not already know that Claude runs www.goldcurrencies.ca ? How come you don't promote the Blue Bucket anymore? .. you know, 'only 1200US/oz plus you get to shovel', lol Do you mind if i catch up on SI before typing a whole bunch?

To: IngotWeTrust who wrote (78963)	10/30/2001 7:52:22 PM
From: Claude Cormier	Respond to of 116972

G_T, Digital gold currencies are not under the jurisdiction of the SEC. They are like gold coins, gold bars, currencies. As for gold currencies being virtual gold schemes, you are partially right. At least one appears to be. It is like in the currency market, some are good, others are not; or in the stock market, some are scams but most are not. Do you know that the international division of one of the largest Canadian bank is part of the management team of one of these digital gold currencies (DGC). Do you know that DGC are not fractional. There is always one gram of gold store in a vault being eacg digital gram. Always. The issuer cannot incur any debt. Unlike most bullion dealers, the issuer cannot install an encumbrance on the gold. Never. Do you know that cambios who offer exchange services on the reputable digital currencies do not make commissions, they earn a spread between the ask and the bid, exactly like any bullion dealer who sells a gold bar or a gold coin. And the spreads in this market are much lower than the spread on the physicals like the one ounce American Eagle gold coin. Again, It might be a good idea that you spend a few hours on GoldMoney.com Read the user agreement. Read about the patents, the people, the managers, the partners.