Finance Wanted.

By Andre Sanchez

Those who understand anything about currency fluctuations are well aware of how devastating they can be and will therefore quickly recognize the huge potential of e-gold in protecting themselves and the ingenuity of the whole system.

E-gold was founded in 1996 by Dr. Douglas Jackson and Barry K. Downey. However the idea did not take off immediately. Actually it seems to have taken some time to really catch on. Still there is no denying the fact that transactions using e-gold have grown rather dramatically since 2005. Today the total amount of gold bars in the e-gold system is well over three tones and a substantial income is generated from the system through spend and storage fees.

But what is really interesting and a clear pointer to the future of this worldwide acceptable currency is the fact that we now have many small businesses in the United States, Europe and Asia with full-time staff operating what are commonly referred to as digital currency exchangers. These businesses do nothing else but buy and sell digital currency for national currencies which are not backed by hard assets.

There are of course those who believe that having currency backed by gold or other real assets is an old fashioned idea whose time is past. But a close study of recent trends of major world currencies hardly supports this view. If anything the realization from such a study is of how prudent an idea it is to deal in hard assets rather than fickle world currencies that could unpredictably head in any direction and leave your business transactions in jeopardy.

A major part of the peace of mind is in the e-gold transaction itself. The "spend" is completed electronically on the web, but is always settled by the weight of the metal, even if it is denominated in another form. The reality in this gold system is that a user can easily "spend" or "get paid" a tiny amount of gold, even if it is a fraction of a gram, and the transaction is instantly completed online.

The result is that you do not have to lose sleep wondering what the currency you are transacting in will do next. For centuries gold has proved to be extremely stable in value and has always been used to protect the assets of royalty and others. Whether you want to invest your assets or you want to transact business securely and with great peace of mind, e-gold is the way to go.

For easy access to your money, you could use an e-gold debit card To check which card I currently recommend, check out http://www.myegoldcard.com