Gold trade

[micollh]

i still du have the guts to go in… if only i do it earlier…now will be smilingall the way… sigh… timing timing…

[peapot]

Now seems abit late to go in. perhaps wait till prices drop but Genneva gurantee principal sum since its like a loan.

[peapot]

Oops! I meant it as a question. Do they?

[jolim26]

peapot:

Now seems abit late to go in. perhaps wait till prices drop but Genneva gurantee principal sum since its like a loan.

there is never a good time... cos when it is up... you hope.. it will come down.. when it is down.. you worry tt it will go further... just go in with an open, well informed mind... make the investment and earn the interest:)

[River]

jolim26:

peapot:

Now seems abit late to go in. perhaps wait till prices drop but Genneva gurantee principal sum since its like a loan.

there is never a good time... cos when it is up... you hope.. it will come down.. when it is down.. you worry tt it will go further... just go in with an open, well informed mind... make the investment and earn the interest:)

It does not really matter whether the price goes up or down since your returns depends on the amount invested, not on the price of gold.

[pojo]

When a deal is too good to be true, it probably is. There are many Ponzi like schemes around where promises are made to buy back the amount invested if the price drops. These promises are only good if the company making the promise is still around.


Imagine how the company making such a promise makes money if it had to buy back the investment made when the price drops.

[River]

Hmnn… a ponzi scheme usually comes only with a piece of paper, but for Genneva, we get to keep the physical gold as collateral. There is still a risk that the company defaults and you are left with the gold, which is 75% of the amount of investment. We need to go in with our eyes open and understand the risks involved. I have been with Genneva for more than 1 year. So far, the company has always delivered.

[jolim26]

River:

Hmnn... a ponzi scheme usually comes only with a piece of paper, but for Genneva, we get to keep the physical gold as collateral. There is still a risk that the company defaults and you are left with the gold, which is 75% of the amount of investment. We need to go in with our eyes open and understand the risks involved. I have been with Genneva for more than 1 year. So far, the company has always delivered.

Do you know how the company makes $$$... What's the business model to be able to pay good return to customers? What do they earn?

[River]

It’s business is speculating and hedging gold.

[warriortemujin]

Best to do some research on ur own. Good luck!