[e-gold-list] reality check

[Graham Kelly]

On Tue, 16 Jan 2007 12:28:50 -0800, YAlwaysWar at EarthLink.Net said:
> The DGC community, small to begin with, has been ravaged by law
> enforcement, jurisdictional issues, fear of jurisdictional issues,
> fraud, bad PR, no PR, and a lack of a marketplace.
>
> If Ragnar WAS still publishing his newsletter and IF it WAS still
> current, and IF he had segments on Who's Who in the DGC industry and
> the comings and goings of the players, it would be interesting to see
> the casualty list of bodies and businesses lying on the side of the
> road with arrows sticking in their backs.

I still find the marketplace strong, but I generally agree with your
assessment. Another one of the long term [larger] exchangers only this
week closed. (How on earth can a market maker charge 2% and expect to
make a profit? I charge 5%, I still get plenty of orders every day.
Reality check.) GoldNow has suffered serious "external" attacks over the
past 18 months; however, we are surviving, but it's taken serious
amounts of input, effort and just plain hard work, and lateral thinking.
I still have some pressing issues, but I see a light at the end of the
tunnel. We are in for the long haul. As advised in 1999, when we first
started in business.

Graham Kelly CEO 
---------------------------------------------
www DOT GoldNow DOT St
US +1 (213) 341-1583
US Fax +1 (213) 559-8555
UK +44 (0)2081506659

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