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.
Here
to stay
e-gold
is always as good as the gold it's backed with - this year,
next year, a thousand years from now.
Trustworthy
Pursuant
to the e-gold Account User Agreement, the physical bullion
that comprises the value backing e-gold must be insulated
from physical, legal and political risks. Title is held by
The e-gold Bullion Reserve Special Purpose Trust that exists
for the express purpose of holding bullion for the exclusive
benefit of all e-gold account holders collectively.
Transparent
e-gold
Ltd. offers an unprecedented level of transparency: total
e-gold in circulation vs. total bullion reserves are provided
in real-time via the e-gold Examiner accessible from the e-gold
website.
World
Wide Money
e-gold
is accounted by weight of metal, not US$ or any other national
currency unit. Weight units have a precise, invariable, internationally
recognized definition. Additionally, precious metals, gold
in particular, enjoy a long history of monetary use around
the world. Thus, e-gold is ideally suited for international
transactions.
No
barriers to entry
It
costs nothing to open an e-gold account. There is no credit
check. There is no minimum balance requirement. There is no
concept of a "merchant account" in that all e-gold
accounts may Spend e-gold or receive e-gold payments.
In
short, you are minutes away from opening your
first e-gold account.
