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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cactus Jack who wrote (31662)3/27/2008 12:06:46 PM
From: Rolla Coasta  Respond to of 218722
 
Their digital gold currency is a scam



To: Cactus Jack who wrote (31662)3/27/2008 12:09:16 PM
From: TobagoJack  Read Replies (1) | Respond to of 218722
 
i am enthusiastic for anything that shuts down gold mines and shutters paper gold

kitco biting it would not be surprising

they are, after all, just another web site

they could have easily been infected by greed and hubris, ala socgen, bear staerns, refco, etc etc

if they cheated, then all it takes is a good round of rumor mongering to crash them

the system is corrupt to the core, centered around nyc and extending westward

does not take much to crumple up the system ala soviet union

perhaps easier, as the system is more highly leveraged