WHAT??? haven't heard such an idiotic answer. Who on earth would do that?? How do you get BNM, Polis etc to do this??
bribe them?? egg head with mash pumpkin brains. sorry for so rude. just can't help just had a laugh. sorry brother. no offense.

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Added on October 2, 2012, 8:23 pmWho do you think inspire this investigation??? correct answer will get a kick in the arse! Clue, read the Star inside page again!

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Added on October 2, 2012, 8:27 pmi'm NOT him or her. i don't hide behind names or personalities. I am in straight talk blogger. if it is a fake, then it is a fake. but before we shoot from the hips, think and do your research first. Hello Giggs, can't you find out yourself?? Why, is Boon your checker?? Is he your slave??

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Added on October 2, 2012, 8:33 pmsave your mumbo jumbo on JP Morgan old news. We are now talking about the hottest topic in town. Also don try to impress people with all those copy and paste info. these bloggers don read it. save precious space instead of regurgitating wholesale what u swallowed from another website. wonder if you know what is derivative markets!!

This post has been edited by AUGUST777: Oct 2 2012, 08:33 PM

can you answer this? who inspire the raid?? like raiding a communist camp with so many groups. it is only an office with office workers. Genneva still there, they din abscond. inspire clue is in the inside of Star newspaper report on Genneva. have u woken up from your slumber?? So brownie, what do you think?? Most bloggers here are blinded to this fact, about the clue. you will understand soon when it comes to your turn. soon.

this is for all teh tarik talkers....they are not bloggers! If you think it is you than it is you!
Wah the mystery person with his con artist strategy. Stop your imagery. What kind of blogging is this crap. If you can't identify him, what is the point of talking about him?? If you can't tel us about his "package", then don't tell us. How old are you?? This is no-brainer. Get an actuary to calculate for you the risk to put on a risk scale ratio. It takes computer simulation. This technique started in Insurance companies long time ago and eventually moved into banking. But now, even the Federal Reserve Bank of USA are printing money out of thin air. The banks no longer observe the fractional reserve ratio anymore. Why,cos the fiat money currency WILL be replaced by GOLD back currency very soon, may be by mid next year. So ask the actuary to do a calculation and you will find the odds of risk against safety ratio correlated to the factors that determine the gold market, in which case, on the long run VERY profitable. On the risk scale, the odds will be lessen as the time goes by but will be correlated to the factors based on the highly volatile energy market.......with hind sight, it suggests good....but the final nugget to this is the derivative market which shows signs of cracking up in the JP Morgan fiasco. That is the beginning, we saw it was US$2b but analyst put it at US$10b. Some extrapolate it to US$100b (cos it was hidden in derivatives) cos JP Morgan also suppress the silver market price. And u know to suppress worldwide silver price, ur capital has to be huge, so they has more than US$100b. Watch Rockefeller who is behind this. He is into banking. But we have seen nothing yet, this is just the starting point cos Federal Reserve has just started QE3 and buying mortgages from banks in US to hedge against derivative market. This is one big fiasco which will burn up US$600 trillion market value, a sure worldwide economic collapse. With this, gold backing Genneva will not collapse but stand to profit. So what is happening now to Genneva is very damaging to it, which i think could have benefited lots of normal people. If u hold gold, you will do well. Don just bla bla la, anyway i am not interested in your reply, might as well save your mental and finger effort. If you do, just amuse among yourselves. You lack knowledge and talk like a bunch of hens. (don mean to be rude). Nothing left to contribute. Adios.

Yes you are right, it is meant for aronteh, somehow it went to your post. Celicazpower, no use blogging here, they all in a team to conspire and spread flimsy fear mongering lies about Genneva. If you look at their posts, it is without fact, lots of assumptions and all sorts of low level arguments. I just wonder about their background and age. Anyone can hide behind a pseudo name and blog. you could be discussing with a low mentality person and wasting your time. Would you argue with a driver blogger when you are a forex trader?? They are not worth talking to. From their argument it is so damn shallow and my blogging is to show them how naive, conceited and shallow they are. But they act like educated idiots trying to mislead people. Once u put a post, it is like hens in a frenzy mood eating, making a lot of noise. Totally dumb down idiots and many of my friends don't blog here and cos the bloggers look like they have vested interests in Genneva case, many of them are competitors in gold and losing out biz to Genneva. Many of my friends laugh at many of these bloggers in this Genneva forum, they felt it a bunch of monkeys trying to make a point in English. when they take you thru their argument, you are lost trying to find out what that china man trying to speak 'financial' English. I don't think with my last post they can say anything but will just bla bla bla.....may be they will say...."u think u so clever why u so put gold in Genneva, that china apek company and got cheated. i told u so what, but u greedy and no hear we talk. he he he. u greedy now u pain who can help now ask mother how to do"........have a good day.

Read my previous post!! Don bla bla bla! Do your homework before bla bla bla! You are just lazy to check and just pick one post and start your ignorant comment! Better you don reply bcos you are just a lazy blogger. If there are ten of you like this, i have to repeat 10 times. posts are still there in the pages, so go back and read what a blogger has said before. That is your job before you comment.....are you really a blogger or just a cheap shot! Tis what irritates people. No wonder it is the same old people blogging in concerted effort. my friends told me so!

So banks are in the same league, aren't they?? The Holy Grail of Investment too. Worse still, they now don't even have fractional reserve in their balance! Look into banks P&L, making huge returns using your money and paying u peanuts like 3.25% per year and you say "bravo, safe and sound, good returns"! What an idiot! ....and no complains. Why don't you ask the bank.....hello Mr. Bank,can you show me how you make the money and I want to know why pay only 3.25% PER YEAR. I want to know your Holy Grail of Investment (if they is such a term, my goodness what term is this) strategy.
Their financial statements are reported and you can check them. Use to report that in the newspaper! And nobody care to check, earning lots of money and paying peanuts!!!!!!!!! Your last paragraph is just your assumption......

I can't help but laughed at your questions.

1) ask any one like banks how they make money from your deposits, hand you a paper book, and pay you a meager 3.25% per year and own all the big buildings in town. Check out what they own!! If your friends borrow your money from you, you give him a IOU paper then pay you 3.25% and you found out from your deposits with him, he is making tons of money and pay u peanuts like 3.25% PER year, i'm sure u will curse him and say what kind of friend is that!! May be don't, cos you are so satisfied with the arrangement. To trade gold, you don't need a LICENCE. You don't get it??

2) if i know how, i will start one like Genneva.........exactly, no one will share business secrets, why should I?? Then you a gold trader will start one. Please............find out how it is done. Hire an actuary.........let me know if you want the service. It is costly, all banks do that.....check out my previous posts. DON'T ASK STUPID QUESTIONS LIKE TELL ME HOW YOU MAKE MONEY. OUTLINE YOUR WORKINGS....NOBODY WILL ANSWER U. It is obvious. Ask the bank to work out how they decide to pay you 3.25% and not 5.5% when EPF a non financial institution can pay 5.5% per year.........watch out they could scam you money cos your EPF money they put in deposits in bank and only get 3.25% but EPF pays u 5.5% per year.........how can they??? OH......watch out, it is a scam!

Hulo alien, is all that they earn and can afford to buy those big buildings????????????? Look who is talking about knowing banking! In fact, how does big banks fail, lots fail in the US??? Also in the UK??? If it is that simple, with your examples, there isn't much left to buy big buildings etc etc......don't be naive. Your simple mind don't work out the strategies for banks. What was HSBC, JP Morgan Chase, Bank of England has in common??? What do Fed Res Bank of US earn their trillions?? and lots more! Why are all the banks in US failing and has to be bailed out?? WHY WHY??

Yes, RM250k (and not RM200k) is guaranteed by BNM, and how do BNM guarantee it???? Check that out. So you know a lot about banking and financial industry.

Yea, take out your money and buy property.............hooray!!!! Speculate and speculate and then sell off with huge profit and make agents rich also. Better withdraw from Genneva and buy shop lots, office lots and houses, you can earn lots of money. When price high sell la, make lots of money. But remember 1996 and 1986! if you don't like properties, buy gold bars from gold trader, gold shops, they will sell you at spot price, 25% cheaper Genneva cos Genneva mark up 25% from spot price. BUT...but some months back, my friend complain to me where got....they charge him 20% mark up from spot price. He went to his friends gold shop and he said, ok i'll give you a friend's price but u cannot tell people, the Association is guarding this...17% mark from spot price. Oh...what is all this talk about Genneva being expensive. Then he said, shit, the goldsmith shop will charge me 25% on spot price when selling.....wah 20% charge on spot rate on buying and a 25% on spot price on selling...all in 45%, wonder gold can go up 45%. So i said, ok la. They are all fat cats, that is the industry. You can make your decision, and I tell you, most of you has got vested interest in Geneva's case cos you are their competitor. may be not, then the way you blog, something is up.............well not all of you.

Can you lay out in point form (if u don't mind) the fake promises?? I may have missed out some which i may not be aware. tks.

i'm not out to convince anybody........i go paranoid with bloggers who don't talk with rational and yet they act like they know everything. You are right, raid on suspicion will apply to all, it is a tool with absolute power. It can shut down any business, ANY. And i am sure you know the implication. We cannot say it cannot happen to you, cos if you are a gold trader, it may come to you. The legislation following this case will set in motion future controls which may not be very pleasant for gold traders and gold shops. This case is a steeping stone to controls, Like I said, if you check on the inside page of yesterday's star report, you will get a clue. The writing is on the wll. Still some bloggers bla bla bla like a blind sheep. Just like USA's "war on terror". With that policy, it can eliminate countries which they suspect to have terrorist and declare war on it. This is absolute power unlimited. MLM can be scam. So, what cannot be scam. Ppl do a calculation using simple arithmatic, wow they know already it is scam. Try using arithmatic and calculate how MLM does it pay out, wow, it looks like scam too. No no no, business model with simple arithmetic are for std 6 scammers. No one will reveal what is their strategy but will say only those that are obvious. Don't be naive it is only the 25% mark up that Genneva does over spot...everybody knows that. Even gold smith shop does the same except of 25% maybe lower. Anyone can see this. Geneva business model is more than that. You ask an actuary about this.........do a computer simulation then you can know whether workable or not. It is not a night's work on our pc and bingo, it won't last, it won't last, it is ponzi, it is scam and wait, no, it is a bird, oh no it is dog bird and so on, crying wolf wolf and bigger wolf. It's unbelievable how people blog!

I did buy geneva gold before but cash out because i need money for my personal thing. So i have nothing to gain, just like what i said. What i post just now, sorry, you don't know how to read between the lines. This is a public blog, i could be roasted cos there are cyber troops on constant alert. These are thinktanks. When things happen later, come back to my posts again. Anyway, i am RETIRED FROM this blog. Have fun but my personal opinion, don't waste too much time. If you look at the number of time i post, not many, my friends has warned me.

Nothing to convince since day one, just like to argue facts vs fiction. Convince who, what do i get? A million people will say thank you? Ppl will join me so i can have a fat commission? I am not even working in Genneva! hmmmm. Blogging ONLY la, brother! When i feel right, i want to blog that i am right, with rational facts and figures. That's all folks! Good night!

Of course, there comes lots of bla bla bla from others.........crying foul when ppl are not interested.