Saturday, March 11, 2006

What is E-Gold?

What E-Gold is?
  1. e-gold is an electronic currency, issued by e-gold Ltd., a Nevis corporation, 100% backed at all times by gold bullion in allocated storage.
  2. Other e-metals are also issued: e-silver is 100% backed by silver, e-platinum is 100% backed by platinum, and e-palladium is 100% backed by palladium. However, the most popular e-metal is e-gold.
  3. e-gold is integrated into an account based payment system that empowers people to use gold as money. Specifically, the e-gold payment system enables people to Spend specified weights of gold to other e-gold accounts. Only the ownership changes - the gold in the treasury grade vault stays put
Where e-gold has found a use?

The target market for e-gold is simply people and and various services who use money. How do you presently use money? Chances are any of these activities would benefit from the increased soundness, security, efficiency, and lower cost of e-gold. Here are some examples of how e-gold is presently used:
  1. Gambling - Play on your gold, in a e-gold casino, lotteries, and other games. Make it anonymously and quickly, with a low commission and high reliability. Enjoy game and passion!
  2. The investments - Invest e-gold in gold economy. Want to play on forex, go in Xodds, want to develop Russian economy go on a stock exchange INDX. Money presses on a pocket? Invest e-gold in HYIP, guaranteed loss of your money!
  3. Shops and auctions - Buy in shops the goods and services, participate in auctions. Use for this purpose only e-gold. Make it anonymously and quickly.

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