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To: lisalisalisa who wrote (145965)	1/24/2002 4:56:20 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 436258

you'd get an e-gold certificate, IF you elect to receive the dividend in gold. you can then use this e-gold to make payments, or you can exchange your certificate for cash at a point in time of your choosing, or you can demand delivery of the bullion. IAMgold of Canada has just implemented a similar scheme, and has exchanged most of its cash for gold. Goldcorp i believe is also considering it (and is likewise hoarding bullion, in expectation of higher prices). gold as money is making a surprising comeback, with digital gold payment systems springing up all over the show - the trend is still in its infancy, but may well become a big challenger of the CB fiat monopolies in the future. Malaysia and other Islamic countries are planning to give fresh impetus to the Islamic gold dinar and silver dirham system, as a pan-islamic payment system in accordance with Islamic law, and designed to supplant fiat money to some extent. it's also an electronic gold payment system, stores its gold in Dubai. contrary to the fiat money systems, these gold payment systems promise that there will never be more certificates issued than there are gold reserves backing them. the first credible move away from fractional reserve banking and its proliferation of often usurious claims.