U.S. Government Forces E-gold Redemptions — Seizes Gold

May 15th, 2007

I don’t have any reason to believe that this isn’t the case, I just can’t confirm it. If you have additional information, please share it with all of us here.

Via: Moneynetnews:

In an unprecedented move on or just before Wednesday May 9th, 2007, the United States of America has forced Omnipay et al E-gold to redeem all the gold backing the 58 previously frozen accounts owned by e-gold, 1mdc, icegold and a handful of other exchangers and customers to be liquidated effective immediately to a us dollar account owned by the federal government.

Posted in Dictatorship, Economy | Top Of Page

One Response to “U.S. Government Forces E-gold Redemptions — Seizes Gold”

  1. DrFix says:
    May 18, 2007 at 4:26 pm

    There can’t be any “competition”. Besides, the biggest mafia on the planet isn’t about to allow anyone to move into their territory…i.e. “funny money”.

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