QUOTE(prophetjul @ Jun 28 2012, 08:57 AM)
Its all about positive cashflow and Gold SPIN.
These two assures that the company will not die.
Even when gold price finally tanks, the bagholders will be holding the gold. The 6 month contract is long gone.
There IS NO GUARANTEED buyback after the contract period.
If you wish to seell the gold then, you probably end up with another 20 to 30% haircut from the jewellers......
Like i mentioned, hopefully you are not the one holding Genneva gold when the Gold musiccal chair stops!

Can't always focus on their financial plans and programs to see where they make money. They can make money on just their events/seminars. They usually have entrance fees for those, its not free. Sometimes they have it for free for promotional purposes. But they do have paid seminar events about gold investment in details.
These events are great mixers to meet investors. Remember they invested in Genneva what makes you think they won't invest in other products during the event. Its a salesman/agent heaven. An insurance/property agent will easily be happy to make a sale there by telling them not to put all their eggs in one basket and also invest in their financial plans.
Another one could be collecting information and selling it. The S&Ps they collect can get some serious valuable info. Who's a big investor and who's not. Big investors usually have more big money to invest else where. Who wouldn't want their contact?
Maybe Genneva is doing this. A lot of financial institutes do. They do get money from somewhere and not always straight from the products they sell.