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 GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND

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aladdin
post Oct 3 2012, 02:27 PM

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QUOTE(kuekwee @ Oct 3 2012, 02:21 PM)
Actually it's a very simple maths.

FD 3%
Bank Loan Blr-2.x = 4% Reducing Balance
Credit Card 18% Flat
Unit Trust 10% +-
Warrent Buffet average 20% compound

The financial system is created by kwai lou(orang putih) what makes you think Geneva Gold is smarter? Auntie invest gold 2.5% pm flat which is more than 30% pa. Bank close shop, Public Mutual close long long time. VISA/Master Card change business invest in gold.  Insurance company close shop everyone go invest in gold. Property market crash all buy gold instead of house.

If they can pay u 30% pa so they have to make more than that 35% pa? You tell me this is legit, i tell you this is bullshit.
*
Exactly. If an aunty holds RM200,000, basically she doesn't need to work anymore. Instead, her "monthly" income is more than what a fresh graduate uni student earn.

imo, RM200k is not a big amount for average income family.

Another example: If a family want to send their kid to oversea to study, which normally EASILY cost them RM200k per year for everything (or 400k for 2 years), why not they just use the money to invest, which can EASILY generate RM10k per month, which basically, a "SAFETY" income for the kid.

Doesn't make sense at all right? biggrin.gif

This post has been edited by aladdin: Oct 3 2012, 02:30 PM
Stimx
post Oct 3 2012, 02:27 PM

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QUOTE(kuekwee @ Oct 3 2012, 02:21 PM)
Actually it's a very simple maths.

FD 3%
Bank Loan Blr-2.x = 4% Reducing Balance
Credit Card 18% Flat
Unit Trust 10% +-
Warrent Buffet average 20% compound

The financial system is created by kwai lou(orang putih) what makes you think Geneva Gold is smarter? Auntie invest gold 2.5% pm flat which is more than 30% pa. Bank close shop, Public Mutual close long long time. VISA/Master Card change business invest in gold.  Insurance company close shop everyone go invest in gold. Property market crash all buy gold instead of house.

If they can pay u 30% pa so they have to make more than that 35% pa? You tell me this is legit, i tell you this is bullshit.
*
hmm.gif shocking.gif rclxms.gif good example for layman... smile.gif
outpace
post Oct 3 2012, 02:31 PM

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I can stop my feeling of relief, finally some "scam" (I might be wrong, they might not be guilty hmm.gif )has been revealed to public in this blatant way.
I felt sorry for those investor (in case they can't really get back their investment).

Our knowledge will never be able to keep up with the speed of development in investment products, but our attitude that matters most, which is "invest at your own risk". this has actually led to another rule "never invest at investment that you don't understand"
xcarfieldx
post Oct 3 2012, 02:36 PM

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in the worse case, what would happened to the investor?
kuekwee
post Oct 3 2012, 02:37 PM

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QUOTE(celicaizpower @ Oct 3 2012, 01:43 PM)
Wow, I find it amazing that you call me a scammer without prove & evidence. You must be one of those typical malaysians "Guilty until proven innocent".

Please prove that I am a scammer before calling me one, otherwise STFU & tqvm. smile.gif
*
You put the word guarantee 10-15% a month. It's more than Geneva and you think we will believe this is not a scam?
prophetjul
post Oct 3 2012, 02:39 PM

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QUOTE(xcarfieldx @ Oct 3 2012, 02:36 PM)
in the worse case, what would happened to the investor?
*
Worst case scenarios IMO

a) Those who just recently invested will find their money/gold frozen in the company's assets pnding investigations

b) Hopefully the gold are authentic pieces, so no loss for those able to hold and wait
gheyfriend
post Oct 3 2012, 02:40 PM

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report ady keep it to urself lar..u wana show something izit tongue.gif

QUOTE(Smurfs @ Oct 3 2012, 02:27 PM)
wow offensive comment detected..

Thanks, but this post has already been reported (report ID:173892)  whistling.gif
anyway Great post Quoted by Prophetjul few pages back..
*
Stimx
post Oct 3 2012, 02:46 PM

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QUOTE(prophetjul @ Oct 3 2012, 02:39 PM)
Worst case scenarios IMO

a)  Those who just recently invested will find their money/gold frozen in the company's assets pnding investigations

b) Hopefully the gold are authentic pieces, so no loss for those able to hold and wait
*
Wait till the value gain back till the buying price.. hmm.gif sampai how many years leh? no 2.5% every quarter...
Actually i spoke to one investors, he said "i got the gold mah..." hmm.gif then again... there are not losing anything unless they sell thier gold now...Looking at the bright side for those are keeping the gold... icon_rolleyes.gif
MakNok
post Oct 3 2012, 02:47 PM

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Just came across this article about Genneva buyback

"Extra note for investors:
I’ve a friend’s friend who got the contract of Genneva. Inside, it states that the company will buy back the price at gold spot price, not the initial price that investors pay for. In this case, net loss can be more than 30% per contract!


Can Genuine Genneva Investor confirm this ar?
celicaizpower
post Oct 3 2012, 02:49 PM

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QUOTE(MakNok @ Oct 3 2012, 02:14 PM)
Hey..go ahead and SUE for all i care.

like some forummer posted here "Guarantee[SIZE=7][COLOR=red]"!!!!
*
No purpose bro, again, my point here to discuss, not hurt people. smile.gif icon_rolleyes.gif

QUOTE(prophetjul @ Oct 3 2012, 02:18 PM)
its a FACT you use the word Guaranteed..........no?  Maening SURE? 

Its not an ASSumption......no?
guar·an·tee
   [gar-uhn-tee] Show IPA noun, verb, guar·an·teed, guar·an·tee·ing.

noun
1.
a promise or assurance, especially one in writing, that something is of specified quality, content, benefit, etc., or that it will perform satisfactorily for a given length of time: a money-back guarantee.

2.
guaranty ( defs. 1, 2 ) .

http://dictionary.reference.com/browse/guaranteed?s=t
*
Why I cannot guarantee? My business model, I run it as I want la rite? non of your business rite? does it affect you in anyway?

QUOTE(kuekwee @ Oct 3 2012, 02:37 PM)
You put the word guarantee 10-15% a month.  It's more than Geneva and you think we will believe this is not a scam?
*
Yes, I put the return as that much cause to me it is fact based on my personal income for the past 4 years. Now, if you think it is a scam, SHOW ME YOUR EVIDENCE!!! Dont have rite?
Raceroamer
post Oct 3 2012, 02:51 PM

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I've a friend who holds 4KG of Genneva physical gold. He started since 2 years ago from 500g then topped up till 4 KG over this 2 years. He really earned a lot from this investment. He even invited me to see the physical gold once. I still unable to contact him today, I hope he is ok.
merce
post Oct 3 2012, 02:52 PM

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QUOTE(xcarfieldx @ Oct 3 2012, 02:36 PM)
in the worse case, what would happened to the investor?
*
worst case scenario?

-burnt everything they invested.

-depress/heart attack/stroke/(insert other possible stress-related medical conditions)

-vow never to invest again.

-discriminating about all other investment tool.

-getting a parang and chase after all investments product manager/agents/traders/brokers/bankers...

...the list goes on and on?

...i'm just saying... tongue.gif






celicaizpower
post Oct 3 2012, 02:53 PM

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QUOTE(MakNok @ Oct 3 2012, 02:47 PM)
Just came across this article about Genneva buyback

"Extra note for investors:
I’ve a friend’s friend who got the contract of Genneva. Inside, it states that the company will buy back the price at gold spot price, not the initial price that investors pay for. In this case, net loss can be more than 30% per contract!
Can Genuine Genneva Investor confirm this ar?
*
Then better keep it longer, since the forex pro's (in most forex advisory team) say's that Gold is going to go up again. biggrin.gif
prophetjul
post Oct 3 2012, 02:54 PM

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QUOTE(celicaizpower @ Oct 3 2012, 02:49 PM)
No purpose bro, again, my point here to discuss, not hurt people. smile.gif  icon_rolleyes.gif
Why I cannot guarantee? My business model, I run it as I want la rite? non of your business rite? does it affect you in anyway?
Yes, I put the return as that much cause to me it is fact based on my personal income for the past 4 years. Now, if you think it is a scam, SHOW ME YOUR EVIDENCE!!! Dont have rite?
*
Matey .

Already pointed out to you WHY ppl think it a SCAm..........its because of the word


GUARANTEE .

If i invest Rm2mil, can you guarantee that principal plus the 15% returns.
i dont just guarantee the 15% and lose the Rm2mil principal.... wink.gif

So, if you can GUARANTEE, whats your paid up capital, net worth............JUST IN CASE.

OR better still give ma aBANK GUARANTEE nod.gif
lunchtime
post Oct 3 2012, 02:54 PM

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What's the hoohaa over the Genneva raid? Investors have gold in their hands and gold prices are moving higher and higher as per Genneva's marketing. cool2.gif
celicaizpower
post Oct 3 2012, 02:55 PM

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QUOTE(Raceroamer @ Oct 3 2012, 02:51 PM)
I've a friend who holds 4KG of Genneva physical gold. He started since 2 years ago from 500g then topped up till 4 KG over this 2 years. He really earned a lot from this investment. He even invited me to see the physical gold once. I still unable to contact him today, I hope he is ok.
*
WOW! that's close to a Million man... I really hope he is ok. My friend kena about RM 140K & the gold was suppose to be given to him on the raid day... now he has nothing...
transform
post Oct 3 2012, 02:58 PM

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QUOTE(lunchtime @ Oct 3 2012, 02:54 PM)
What's the hoohaa over the Genneva raid? Investors have gold in their hands and gold prices are moving higher and higher as per Genneva's marketing.  cool2.gif
*
HAVE ANYONE FOUND FAKE GOLD YET ?
ANYONE DID A DRILLING TEST ?
Beth79
post Oct 3 2012, 02:59 PM

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QUOTE(celicaizpower @ Oct 3 2012, 02:05 PM)

Btw in our court of Law, I can summon you for defamation... but what's the use... you are just the exception that is born every minute... smile.gif
*
doh.gif
jmunchar
post Oct 3 2012, 03:00 PM

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QUOTE(lunchtime @ Oct 3 2012, 02:54 PM)
What's the hoohaa over the Genneva raid? Investors have gold in their hands and gold prices are moving higher and higher as per Genneva's marketing.  cool2.gif
*
Ya but they bought the gold at a very high premium.
1. Where can they sell and get back their initial investment amount.
2. Is it real gold.
3. Currently the price is going up but until when? At some point there will definitely be a price correction.
prophetjul
post Oct 3 2012, 03:01 PM

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QUOTE(jmunchar @ Oct 3 2012, 03:00 PM)
At some point there will definitely be a price correction.
*
Alreadi korrected from $1900 to $1500.........where were you?

BUY! (Dont quote me*)
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