Have you been hearing more and more about E-Gold? Are you an investor who has been targeted with direct advertising from E-Gold sellers or just interested in buying into something that’s going to be big?

Well, if you’ve been hearing a lot about it or are considering investing in E-Gold, maybe it’s time to get some information about it.


Investing in E-Gold sounds interesting. It does take time to investigate the potentials however. You can start with the company’s own website.

They claim that all E-Gold is fully covered by stocks of real gold in physical metal storage depots in Maryland USA. It is not easy to verify this claim however. So there are a number of possibilities that come to mind when thinking of E-Gold.

Scam?

One of the first thoughts to cross your mind is probably that the whole thing is a scam. The whole thing could well be a fraud. How can gold be electronic anyway?

There is also the fact that the company operating E-Gold is located in an offshore tax haven, not a place where most reputable companies locate themselves. But there are a lot of things going for E-Gold too, so it would be unfair to write the whole thing off as a scam without investigating first.

A bad investment?

If not an outright scam, it may still be a vary risky investment. Gold is supposed to be one of the most secure and risk free assets you can hold. While no gold deposits are completely risk free, buying from an unheard of dealer over the internet does significantly increase the risk, no matter what the company itself claims.

Therefore, I don’t see the advantage of E-Gold. If you want a risky investment, you can put your money in a new business, gold is for safe investors, and in that case, the internet is not the place to start looking.

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