-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 At 5:32 PM -0400 10/20/04, Somebody wrote: >How much do you know about the e-gold crew? I've sent them a couple >of queries and I've gotten answers back that haven't been very >pleasing.
The short story is that they're a Jesus-is-coming-and-boy-is-he-pissed pre-millennium gold transaction startup, and the millennium came and went sans datequake and/or rapture. Good news is they're good businessmen after all, they're making money, and they've honored their internet transactions for more than a dozen years. They even pre-date the commercial net by a few years. Bad news is when they ever do go sideways one of the partners is a tax-lawyer from, er, heck, (the money partner is an oncologist; they met in a bible-study class... not, um, the end of the world, Rockefeller was a bible-thumping baptist, remember...) and the russian-doll puzzle of domiciles subsidiaries and governance documents goes through about six countries including Nevis, Bermunda, etc., not to mention separate gold depository accounts around the world. The long story is, well, long. I trust 'em to do the gold transactions. It's not cheap, though. It's gold, it needs to be stored, and there are storage charges. You need a currency-exchange provider, to get money into and out of the system. The ones I like most are ice-gold <http://www.icegold.com>, in, of all places, Estonia (Latvia???). Jim Ray <[EMAIL PROTECTED]>, a former cypherpunk, is a good guy, and e-gold's original internet evangelist, and has been with them for about 10 years. Another reputable gold-transaction outfit is Goldmoney <http://www.goldmoney.com>. They're just plain-old-fashioned gold-bugs from the old school. You know, a financial calamity around the corner but it's okay, because we're gonna get rich. :-). Seriously, James Turk, the founder there has been a gold bug since the heyday of the Oil Embargo. He used to work at Citibank in the far east, back in the day. And, instead of down in Florida somewhere as it is for E-Gold, GoldMoney's office is in midtown, even if the gold's at ViaMAT in London and the domicile's the Channel Islands, Jersey, I think. Turk's been in the gold bug business so long that he *patented* the whole idea of electronic gold transactions way back when, submarined it until e-gold was hauling it down, and is now collecting royalties. Of course, you know me. I'm not much into the whole commodities-as-money thing, I'd rather do bearer forms of depository-held collateral, like, say, dollars -- or the S&P. :-). So, what kind of problems are you having? Cheers, RAH -----BEGIN PGP SIGNATURE----- Version: PGP 8.0.3 iQA/AwUBQXf+IcPxH8jf3ohaEQLjQgCeKov2foDmbcM85OazHKhLtryDO6oAn38c 5hZceFFv23q5HYFFIOdciEUK =+GW1 -----END PGP SIGNATURE----- -- ----------------- R. A. Hettinga <mailto: [EMAIL PROTECTED]> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
