I know our E-Gold balances go by the prices of "real" gold, but over the past week, I have lost about $6 in my account.

About 5 or 6 days ago, I had over $81.00 in my account, just checked my account and this has now shrunk to $76.00

Whats going on? Are the prices of Gold falling that much?

Has anyone else noticed such a huge drop?

Might be a good time to start buying Gold, lol, as surely it can't get any worse!

Wow! I don't know, brian, I did hear that it was especially bad lately, but that seems excessive to me!

I only lost 2 cents out of mine, taking me from 0.30 to 0.28

Yep, mine has been going down too.
Not that much tho.. cause I hardly have any, but I can see where the rates have dropped so much.

Then its almost a 10% decrease in both cases.


That tells it all I think, about neing the Gold price fluctuating.


Has I have many cash flows (money in, money out) , and so its dificult to know if its moving because of Gold price changes.

When there is talk of any War....things that are measured in Shares ...in the market you will see Huge changes from Day to Day. The uncertainy of anything makes people neverous and the pull thier money out

Yeah I know the threat of war has bad effects on shares, prices, etc...

The thing is, I don't know what to do now, lol.

Should I keep hold and hope it rises back?

Or

Should I sell it before it diminishes further

I guess that means I'll make an extra 10% (than if I kept it in my account) when my bubble burst at BB.

A couple months back the price of gold began to shoot up increasing about $50/oz. Today its dropped $10/oz.

Any predictions on when its going to shoot back up, lol

There is a little storage fee each month (don't know how much exactly)

2/1/03
23:52 Storage Fee 11611728 Gold +0.000000 0.00 USD 367.70

3/1/03
13:01 Storage Fee 12550131 Gold -0.000002 0.00 USD 350.00

My other account has gone from 35$ first to 34.38$ (last week) and today it was 32.74$

So much for saving up some money....

Predictions on when the value will go up?!.....if the war starts at the Gulf/Iraq it should go up quite a bit they say

Yeah i know... and I had to make a few purchases with E-Gold today too... I lost about $10 last week. I wonder how badly HYIPs were hit =/

Yea people usually invest in gold during times of war and uncertain times, like right now with America's economy. But when the war is over, and the economy rebounds, people will start taking money out of gold and putting it back into stocks.

Exactly.


Today the Gold Price went down cause it seems war is more far that people though.


Bush said that he will have to prorrogate the time given to Iraq.

brianlfc,

gold was at $335/oz at one point today .... serious loss in value, for sure

one of my neighbors has been involved with gold for a number of years. he owns gold mining land in Nevada, is now retired, but made a pile of money on gold the 1970s & early 80s.
the one mine he still has, however, has been closed since 1985.
the gold in this mine is at such a depth that the price needs to support $400/oz before he will reopen the mine.

maybe it's time to go to betonmarkets and make a few plays??

thats because the price of gold has lowered from some $355 to $334.

It should goes up when/IF the war start it depends how the war will be (of course if there is one), if I'm you I would keep my money in my account, because when it will goes up, it will go quite fast. Well that's what I think

Bush is stealing our money with his stupid war speach.

######...what does your political angling have to do with this at all...just another opportunity for you to spew your views in yet another way You have your little political opinons, whatever, that's fine but this thread is about egold and you are obfuscating the issue to push your own little agenda yet again...big shock.
Besides what are you doing with bubbles and egold, supposedly your gas is off or whatever...LOL

Yep, I bet $1 that gold would go down to 306 a few days ago when it was at 350 for no reason at all really, and the bet is worth 2.4 now. yay

and you are wasting our good brain cells with your off topic rants

Save it for a war thread in chit chat...oh wait I forgot....your posts don't count there....ROFL

You catch on quick, Amylicious!

And you are stealing our sanity with your speech about ANYTHING!!!!!!!

######..........

No Amy. It is on topic. I considered the gold as money. Others talked about Bush, and I supplied my opinion about the e-gold going down as Bush is stealing it.

Poncer how EXACTLY did you become so politically illiterate?

You said Bush is stealing our money with his speech

LALALALALALLALALALALALALALA

There are many factors for the fluctuation in gold prices....

BTW....did ANYONE notice the stock markets went UP today due to the possible postponement of war?

HELLO!

Oh no!
He's discovered the TRUTH!!!
It's a conspiracy!!!


Bush is one of the New York Cyberstalker Hackers!!!
He's cracking people's egold accounts
Be careful Poncer...you "know too much"!

Um....SOR?????

"Not only am I a good cook, I toss a mean salad as well!"

(requesting a good salad tossing here)

Yeah, wasn't your sig something different yesterday? Your confusing me. LOL.

I change it every now and then...because I'm evil and sneaky and stuff :ph34r:
What kind of oil do you ladies like on your salads?

Well, I don't know about oil, but I can't eat salad unless it's got italian on it.

Would you settle for creamy ranch?
I don't know if I can come up with any Italian at the moment

Mmmmm....creamy ranch! my Fave!

Yeah, when you're tossing the salad, you always want to make sure that there is a good dressing so that the cheese doesn't get stuck on your sprouts

LMAO!

Hey sor, do you think anyone knows what we are talking about? (he he)

Hmmm...we'll find out soon I think! LMAO

You two are KINKY!!

Nah dude, this is thetame stuff! LOL

hahahahhaha... now you're making up words like bush

E-gold has a yearly 1% storage fee which is deducted monthly.
This means that your e-gold balance will be deducted a monthly storage fee of about 0.083%.

Well now that the posts don't count in breast.......er I mean chit chat you got chit chat here...I hope it was worth it

Well the price of gold reached its peak in mid January, right now its just remaining somewhat stable at US $340.
If the sharemarket (especially in the US) continues to perform badly, the prices of gold should rise. Also if there is a war in the Gulf, the price will rise. Some analysts predict that gold prices should reach $400 mark.

Poncer, you are OBSSESSED in George Bush!

Whats the matter with you?

ROTFLMAO

Hey SF, do you reckon it was Bush that hacked all them sites the other month?

Yup, musta been!
My current hypothesis is that Bush is going to use that stolen money to corner the Broomstick market

What a loaded question ROFLMAO!!! If you have the answer to that you win the jackpot Brian!

Hiya Brain.......Hiya Amy

Hey Shelly!

I never knew about the egold storage fee...glad that was mentioned here!