Saturday, May 19, 2007

Rates for Local E-Gold Exchangers Improve.....Slightly

Since the last update, prices have gone southwards, until I checked today. Prices for select exchangers have improved slightly but it's still at cut-throat rates. Major exchangers around the globe have been waiving all around and charging ridiculous rates for people willing to take a huge discount. Perhaps the word 'profiteering' is more appropriate here. I understand the current situation is not rosy at all, but still does not justify such low rates.

Given the circumstances, I'd rather pour whatever e-gold I have into some hyips, which I have for the past 2 weeks. And frankly I've been doing pretty well. Looks like scammers might also be having trouble cashing out their money, hence 'returning' some of it back to those who are willing to take a risk (well, one can always dream).

Anyway before I digress further, there is some semblance of good news related to local exchangers. Entelnova has resumed purchasing e-gold. Their rates are similar to Snapgold, who is low anyway. WynGold and SgExchanger have the lowest rates in the market so far. Of the four, I'm currently biased towards SnapGold. Bear in mind the rates are still what most people consider 'daylight robbery'. But if you're desperate or scared, it's still an option.

There is good news however. JR Exchange hasn't gone anywhere, just taking this opportunity to upgrade the site. Their problem however lies with being unable to communicate properly.

Of course when there's good news, it's always followed by some not so good news. Goldert has biten the dust. The site is current being parked, which means....well....it means it's no longer around. Probably wouldn't bother very many people anyway, since the site's never updated, so no one knows anything.

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