Thread: Nice Pips Update

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News we are craving from P**s

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payitforward
Administrator


Joined: 15 Jun 2005
Posts: 13

Posted: 23.08.2005, 21:17 Post subject: News we are craving from P**s

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Hi Folks,

We received many emails from our members asking for the information we were talking about in our last newsletter and we are very happy to say that we got permission from the author of the email to share it with you.


I can't copy/paste it so you'll have to go read it

http://www.deinboard4u.de/board/view...x3518&t=11
_________________

What message? there is no message there :?

The message is in jpeg format here is the direct link:
http://www.firstusamall.com/pics/ps1.JPG

Hi,

Switching to Euro from USD should have been done since last year..then the USD was falling like 9 pins..of course, hindsight is always 20/20..

Thanks again for this real boost of morale.. :)


Machoman1

Euro Dollar is just as bad, I can't see what difference it makes switching one bad economies currency for another bad economies currency. Europe is in a larger pit than the US. They'd be better off using the Pound since it's the strongest currency out there.

Well,that's the bestest news thus far;thanks Rob and Bea.

I believe the Euro will keep pounding the greenback for at least the foreseeable future.There may be dips here and there,but when the USD collapses,and it will when all is said and done,we'll all be glad we switched.

My humble opinion,of course.

It has nothing to do with the worth of the currency... I believe it has to do with the fact that PIPS doesn't operate under United States laws, yet they use US currency. This is a big problem. The US is the only country at this time giving PIPS a hard time, in terms of cease & desist orders and such... most other countries are not interfering. US laws are pretty tight so it might be a good idea to switch and detach ourselves completely!

Having said that, I believe it will be a great idea to switch to the Euro!!

Also, I would like to stress to all members who have posted in the TG forum that you go and remove your posts, especially ones where you spoke of PIPS. If you want PIPS to come back we all need to start working together and standing behind Bryan as a team.

So, if that's the case regarding the US dollar issue, does this mean that people are not allowed to spend their US dollars into pips should it open sometime in the future?
I mean, if the money was entered into picpay via any currency, euro, us$, pound, etc, and the picpay funds were then transferred into pips account, it's effectively "picpay$" not "us$" that is invested? I'm not sure if you can see where I'm coming from? But from what I can tell, if this switch over to euro might mean that no us$ or US citizen can part-take in the pips venture from here on. :roll:

Originally Posted by SilverTrend

But from what I can tell, if this switch over to euro might mean that no us$ or US citizen can part-take in the pips venture from here on. :roll:

I have thought for a while that it could be one of the goals of the saboteurs.

I doubt that,Silver;PIPS will most likely do a currency swap;i.e. sell the greenbacks for euros.When someone opens a new PIPS acct.,they'll just have to convert their home currency to euros to send to PIPS,much like I had to convert CAD to USD when I joined.Of course,we'll have to convert them back to dollars as we withdraw.But your local bank will do that automatically,at prevailing exchange rates.
Better yet,open a euro acct. with your friendly bank,and convert to dollars at the prevailing rate as and when you need funds.That way,you'll be taking advantage of the euro's appreciation over the dollar.
Make sense?