Thread: FEDS RAID IntGOLD and Seize Operations

Originally Posted by micky

http://rolclub.com/showthread.php?t=4901

IMPORTANT for ALL, pls read through the whole thread!

Exactly,

It is getting worse and worse and once the feds get their fangs into you, they will not let go until you die, and it is often a slow death just like when a poisonous snake bites you. (g)

This is why eGold didn't bother to renew license, they knew the end was near long before anyone suspected. With all the hush hush, I bet a receiver has already been inserted to oversee last withdrawals in que.

Good luck to all, Mike

Mike,

Not been reading too much on this, what would you advise re doing with the smallish funds i have in egold?

Originally Posted by Adster

Mike,

Not been reading too much on this, what would you advise re doing with the smallish funds i have in egold?

Hi Adster,

What I find interesting here is that it is so hush hush, where with IntGold, you could get answers from regulators, so I can only assume that a receiver has been assigned to carry on business in limited fashion while investigation goes on.

What I have learned over the years is this, the less that is released, the worse the issues when it comes to US regulators. (g) I have no choice either, but the companies paying me through eGold have already said they will stop using them, so I withdrew my balance last week and keep my fingers crossed that alternate systems will be up real fast. The word is they were changing to eBullion too, so since I just opened up an account there, I hope it all works out for everyone.

Bottom line has always been the same here in states, once the feds get their fangs into you, you die a slow torturous death. This attack was known for a long time by insiders, so it was no surprise, so now we wait and see if they survive attack or not, and I will bet they won't.

The only way Paypal is surviving is that they are owned by eBay, a financial powerhouse with deep legal aid fund available, so they are under pressure to comply as well, but not with a receiver in house assigned by gov. like the others are under. Their legal team can merely say, we will comply, so it all comes down to the dollars to fight regulators, and how many have millions to waste doing so?

Good luck to all, Mike

Mike,

Sounds like al payment processors in time will be screwed, egold, int gold, paypal, stormpay etc. Will any escape?

This happens it's the end of hyip's, some mlm's etc whom use egold etc for the convenience, plus of course majority of hyip's are scams so they don't care where the money has come from, legal or not.

Makes you also wonder what form of processor Bryan may use when P**s comes back.

Best not leave too much in egold.

This doesn't have to be the end of hyips, mlm's etc. if everyone would in time switch his funds offshore and there are enough e-currencies waiting, e-bullion being only one of them.

Originally Posted by micky

This doesn't have to be the end of hyips, mlm's etc. if everyone would in time switch his funds offshore and there are enough e-currencies waiting, e-bullion being only one of them.

Hope you are right Micky, but CAN is getting as bad as US, so I still think the ecurrency days are numbered as all transactions could be blocked from coming into US just as easily. The end result of all ecurrency exchanges have to convert to debit cards or bank wires or electronic transfers, so stopping these would be easy.

Good luck to all, Mike