Digital Money World

May 16th, 2008

Another bank scam mail for Uk banks to deal with.

According to the twitter and newspeak I hear, spammers and scammers are getting evermore present even after the biggest spammer of all time was arrested. One has to use firefox to try and weed some of them out. If you belong to google groups, yahoo, facebook or where-ever, and lets face it, most of us do, you’ll […]

By moneypenny -- 0 comments

May 10th, 2008

Paypal limits

Many people may not be aware, that in a bid to control tax avoidance, and do due dilligence for money laundering, Pay pal  have imposed a limit of E 2,500 annually that can be received or sent through an account, from 2008.
If the account is to be used for higher volume transactions, then an identity […]

By moneypenny -- 4 comments

May 9th, 2008

online payment companies who uses them?

 Well done Benson for setting up the donation  link for Burma. hopefully all you bullion traders will donate some of your returns to those who have lost everything, and let’s hope they open up the borders to help. 
 Today I’m including a post I made before about online payment companies. For those that think I’ve been after them, […]

By moneypenny -- 0 comments

May 8th, 2008

return vs risk

You receive 170% after 7 days
 Spent Amount $50 - $299
 Invest now!
Here’s a typical bullion ad to trade online, and quite typically there is no mention of risk in the stated fantastical returns. So who wouldn’t  want to get a  170% return in a week? This is the kind of thinking that I mentioned in my post on […]

By moneypenny -- 0 comments

May 6th, 2008

E bullion alarm

If you have money tied up in e-bullion you could be in for a rough ride in getting your funds back when cashing in. All these gold-scams like DXinone  and the like eventually close their site, rename themselves, and set up shop again under a new name after a few months, gaining a whole new customer base.
Mark […]

By moneypenny -- 7 comments

April 30th, 2008

money quotes

“Under capitalism man exploits man. Under socialism it’s just the opposite.” Anon.
“In God we trust” not ” gold” - who said that?
The Bretton Woods system collapsed in the early 1970s because of inflation. There were too many dollars and not enough gold, so President Nikon ended gold’s convertability, and everyone knows what’s written on the dollar bill […]

By moneypenny -- 0 comments

March 18th, 2008

Are We Losing Money By Storing Money in the Bank? Go For Gold!

(Digital Money World) As my good friend, Mark Herpel would say, “Buy Gold”. We know gold has hit its new height at $1,000 an ounce and holds strongly above the level with the declining dollar, the aggressive 0.25 point cuts from the Fed on Interest Rates and rising mortgage situations, company crisis (Bear Stearns) in […]

By Benson -- 1 comment

December 31st, 2007

The Digital Money 2007 Round Up, Part 2 of 2

3rd Runner Up:
Liberty Dollar Sues US Government and Gets Raided

A company based in Evansville, Indiana, Liberty Dollar has been in operation since 1998 with its currency backed by precious metals like gold, silver, platinum and copper. In 2006, The Justice Department prosecutors has determined that using Liberty Dollar as circulating currency is a Federal crime.
Bernard […]

By Benson -- 2 comments