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


To: Tommaso who wrote (64)2/16/2002 5:07:15 PM
From: Tommaso  Respond to of 203
 
EDIT: add link--which explains more simply and clearly than anything else I have read exactly how hedging has functioned and what its effect has been:

hrg.ca

Many interesting comments and links below. Of course, most with a bullish bias on gold. Caveat lector.

kitcomm.com



To: Tommaso who wrote (64)2/16/2002 5:38:59 PM
From: Claude Cormier  Read Replies (1) | Respond to of 203
 
Basically, a digital gold currency is the equivalent of an electronic gold coin. It is 100% unencumbered gold, free and clear of any lien. But it is more flexible than gold cause you can not only save it but also spend in a few clicks. It is highly divisable. So much that you can spend the equivalent of less than USD 0.01 or millions if you want. All this over the Internet or in the brick and mortar industry using the GoldMoney debit card which should be available soon.

The best way to understand what is a digital gold currency is to read a bit on the GoldMoney.com website.

goldmoney.com

Then read these 3 essays:

goldmoney.com

GoldMoney is not the only digital gold currency. But it is the best one. GoldMoney is the currency miners like Iamgold and Goldcorp are considering using to pay dividends to their shareholders.

iamgold.com