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e-gold Enables You To Use Gold As Money (also silver, platinum and palladium)
Step-by-step instructions on how to open and fund your e-gold account are located here. e-gold is a monetary (payments) system which enables the use of gold as money. Gold & Silver Reserve, Inc. administers the system, and oversees an inventory of gold coins and bars held in allocated storage by third party custodians. A quantity of e-gold in your account constitutes title to a precise weight (fine) of this physical gold. This means 100% backing with physical gold for the quantity shown in your account. The primary function of the system is to facilitate payments, in gold (or silver, platinum, palladium), between e-gold customers. A secondary function is for e-gold customers to make payments to entities who are not e-gold customers. For this purpose, the e-gold system can be instructed to send payments in fiat currency units to specified entities, e.g., to pay bills. The following "Big 7" fiat currency units are catered for: USD, EUR, AUD, GBP, CAD, JPY, and CHF. A secure, convenient interface - Account Manager - is provided for customer entry of transaction orders. All cleared transactions entail an immediate increment or decrement of one's e-metal balance. The system calculates exactly how much metal belongs to each particular customer by adding all such credits and debits. There is no cost or fee involved in opening an account. There is also no obligation. There is a small transaction fee on all transactions between e-gold customers, currently 1% (with a maximum of 50 cents). There are also reasonable costs involved when converting to or from government currencies, and when switching between metals, e.g., converting gold to silver. e-gold is not merely wishful thinking, it is a reality available to you today. FIRST, TAKE A VIRTUAL TEST DRIVE: For more information on the actual "mechanics" of how to open and fund an e-gold account click here. (Launches a new browser window for your convenience)
See also:
Documented Statements From the American
Founding Fathers & Modern Day People Senator Warren
Rudman Alan
Greenspan Benjamin
Franklin Daniel
Webster ARTICLE 1, SECTION 10 of
the American Constitution Coin - Title 12, U.S.
Code, Section 152 Coinage Act of
1792 A Dollar Roger
Sherman This is why the Framers of the
Constitution stipulated a monetary system of Gold and Silver as stated in
ARTICLE 1, SECTIONS 8 and 10 of our Constitution: "Congress shall
have power to coin money and regulate the value thereof ... No State shall
make any THING in Payment of Debts." Congressman Charles
Lindbergh, Sr. To open a free e-gold account -- no
cost, no obligation -- click
here. HOW TO
MAKE YOUR GOLD GROW! Fund your e-gold account via credit card
and other payment systems here. See also:
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