Agreed, but the stock market was just an example

> No, but in order to get listed on the real stock exchange (as opposed to
> the OTC (over the counter/"pink sheet") stocks), the company has
> to have a certain value and a certain amount of proveable assets. If
> things go kablooey, there's real property and assets that the creditors
> can get their hands on. Even when they fake it (like Enron) there is still
> property and other goods that can be carved from the carcass of the
> company (selling the buildings, the land, the office furniture...)

Hi Mel!

I totally understand what you're saying, but I was really just using the stock market example to point out that people have no issue dumping their money into something they don't understand. Whether or not listed companies are legit is really irrelevant. My point is, people will invest their money with no knowledge of what they are getting into. My father-in-law is a classic example... He puts his money in the stock market, and then when the price drops, he accuses everyone under the sun of being a crook. He doesn't understand the risks and all the factors that cause a stock price to rise/fall.

> This was the thing that bothered me about e-gold programs. They are not
> set up by registered and licensed financial institutions and they SAY they
> have gold. I never saw enough company information on any of those sites to
> convince me that they actually hold any more gold than I do (I have, for
> the record, some gold coins and small amount of gold.) Nor was there any
> information about whether they were buying more gold to cover new folks
> coming into the program or if they were also trading gold (selling high,
> buying low) or simply holding it.

Just as an FYI... DXInOne is not a gold-based ecurrency. They created their own currency backed by nothing but the value people place on it. Much like trading cards or beanie babies I suppose.