Spork Nomic

This Contract defines the First Nomic Gold Trust ("the Trust"), an entity whose actions and state may only be determined by this Contract.

The Trust possesses an inventory of gold and international currencies at BullionVault.

Any player may join or leave this Contract at any time, thus becoming a Party to it and a Partner. A Trustee may forcibly remove a Party from this Contract at any time.

Legal orders to the Trustee are:

buy <amount> milligrams of gold with <currency>
sell <amount> milligrams of gold for <currency>

Purchases smaller than BullionVault transaction minimums will be recorded and executed as part of a later transaction. Therefor, the posted Holdings may not reflect actual Holdings. The Backers gain or lose any fiscal difference generated by delay in transaction execution.

Trustees are responsible for maintaining an accurate accounting of the current Holdings, and for executing within one week the cumulative effect of any valid orders from the Partners.

Trustees may modify the parts of this Contract before this paragraph with the consent of all current Parties. A Trustee may edit the text below to make it accurate:

Current Trustees: jay
Current Backers: jay

Current Coverage by Backer: None

Holdings of the Trust:

Gold (mg): 1500
US Dollars: 15
Euros: 10
British Pounds: 0