View Single Post
Old 03-29-2007   #13 (permalink)
Bad Credit
Junior Member
 
Bad Credit's Avatar
 
Join Date: Mar 2007
Location: usa
Age: 44
Posts: 16
Rep Power: 0 Bad Credit is on a distinguished road
Default

Quote:
Originally Posted by VanBasten View Post
It's a very simple concept actually, once you grasp it.
Basically, the value of money in your account is tagged to the spot price of gold.
As the price of gold fluctuates, so does the value of your money.
You can always send your money in USD if you don't want to send it in grams of gold.
This sounds very risky and like playing with the stock market, or gambling! I guess if you can do the math with figuring out the exchange rate of your own country's currency, then you should be able to figure out how to balance your gold account. I don't know, I've not signed up for one, actually I do not know anyone that even accepts e-gold. I suppose it is used on ebay, but I am not sure.
__________________
take it as it happens!
Bad Credit is offline   Reply With Quote