Comments on: Transparency & The e-gold Ltd. Audit, A Global E-commerce Innovation

By: jordan

jordan — Sat, 07 Mar 2009 15:09:33 +0000

Just tell people what the dang transparency of gold!

By: andy

andy — Fri, 16 May 2008 14:57:46 +0000

Most of the gold is stored at Brinks. Their inventory service is the most secure in the world.
Faking that would require a major conspiracy involving auditors, the IRS and the SEC.
Even if this was somehow managed, the Arabs in Dubai would probably make a fuss.

By: Larry Nieves

Larry Nieves — Fri, 19 Oct 2007 12:45:46 +0000

As far as I know, when the USGov indictement against e-gold was made public, there was a huge rush to redeem the gold supposedly in the coffers. And again, as far as I know, e-gold was able to meet the redemptions without any problems. I think it was in the order of half a tonne of the metal or more. Take that for what it’s worth.

By: Mark

Mark — Sun, 14 Oct 2007 14:52:37 +0000

Dear L.Z.,

Of course I’ll publish your comments. Its not a bad question, “Is e-gold Ltd. falsifying all their financial data ?”

I’m just not sure how to answer it, are you asking if the Auditor, is a phony, or the numbers they publish are fakes?

Are you saying the bar count and serial numbers from their examiner page are all made up?

Are you telling us that even with the US government’s close supervision at this time, e-gold Ltd is trying to con its declining market share of users?

Hmmmm, I find all of these a bit hard to believe, but hey anything is possible I suppose, let’s check it out with a bit of closer investigation, OK?

If you can be more specific, I’d be happy to track down some info, facts or contact items for you and other readers. Just let us know exactly what you are claiming is phony so I can check it out too! Thanks for your comments, I look forward to hearing from you soon.
Mark

By: leonard zarcufsky

leonard zarcufsky — Sun, 14 Oct 2007 13:38:31 +0000

This article is pure rhetoric. It is as ‘transparent’ as the claimed auditing and bookkeeping itself. You prove nothing with this article except that e-words, phrases, sentences, etc. are just that – e-claims. They prove nothing. I can write anything I want on the net but it doesn’t mean it has credence just because it appeared in print as one mans say so. I am actually astounded that you would put forth such a juvenille claim, backed by nothing but claim, to an intelligent public. One is forced also to wonder the motive beind such a piece. The only way to know for sure that there is, indeed, sufficient precious metals backing all the various electronic claims to gold ownership being sold to an unsuspecting and blindly trusting public today is to have them all lay claim to personal possession at the same time. (Personally I doubt everyone would get their metals and I know many others suspect the same. The historical tonnage mined does NOT equal the current tonnage claimed owned globally. Something IS amiss.) Then, and only then, will it be known for sure either way if there is a huge scam being perpetrated on e-gold ‘holders’ or not. The very fact that it was deemed necessary by someone to print this very type of piece gives this man cause to wonder, indeed, its very timing makes one suspect. Now I wonder if there will be enough transparency here to publish my opinion. We wouldn’t want the ‘masses’ to start thinking deeply, would we.

Sincerely,

L. Z.