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GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND
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property101
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Jul 20 2012, 09:55 AM
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QUOTE(b00n @ Jul 19 2012, 08:18 PM) In simple terms the bank earns money by charging interest more than they are giving out interest. Bill Gates, Apple, Sony makes money by selling products where the the products have their profit margin after netting off costs and productions. So now tell me about Geneva? Simple term, how do they earn when they are giving out high interest back to customers? Or how can they afford to pay back interest to the customers? exactly. i really really looking forward to someone who can explain me where does their cash flow come from if they say they get it by the increase of gold price, then how about when gold price come down?
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property101
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Oct 2 2012, 01:40 AM
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property101
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Oct 4 2012, 10:01 AM
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they march because they are so afraid that their money is all gone. hoping that would bring the company / business back to life.
did u guys see the video on the day it gets raided? everyone looked so worried. when someone (from genneva i believe) finally came up and said something. something along the line "we will do the best we could". once the short speech is over, people even started clapping.
the fact is, the investors are scared to death. to a level that ALL they need is someone to comfort them. hoping that the company will come back to life? and if the company does come back to life, guess what is the first thing the investors would do?
This post has been edited by property101: Oct 4 2012, 10:02 AM
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property101
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Oct 4 2012, 01:09 PM
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QUOTE(northface @ Oct 4 2012, 12:44 PM) Always remember a fool and his/her money are soon parted. If they don't get conned by this scheme then someone/something else will take all their money away. yup. kinda make good sense. how a person does anything is how a person does everything if not this scheme, it's just another similar scheme with a different name
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property101
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Oct 4 2012, 07:03 PM
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saw many videos showing how persistent that the customers feel Genneva is doing a good job to help them overcome their financial difficulty. an indian lady said because of Genneva, she can pay for her parent's medical bill.
in thestar today, saw a medical doctor receiving rm8k each month, invested rm400k. said the return from Genneva is giving him financial support to fund his child education in London.
i'm thinking, just because a company is helping the client to get over their financial difficulty, that doesnt necessary mean the company is legitimate. imagine this, by introducing more drug addicts to a drug dealer, you get paid handsomely. when police catches the drug dealer, does that means people should march to putrajaya and demand the drug dealer to be released?
This post has been edited by property101: Oct 4 2012, 07:04 PM
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property101
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Oct 4 2012, 09:44 PM
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QUOTE(whutthafark @ Oct 4 2012, 09:20 PM) Since the 'investors' can't desecrate the gold bars, pray it's not these http://www.zerohedge.com/news/2012-09-24/g...gold-coins-herehaha... why so worried, get a densimeter for RM2XX to test all you want, problem solved http://goldsilvertools.com/
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property101
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Oct 4 2012, 10:21 PM
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yup, the sword always cut both end. we will see the report card the dato-dato taking salary every month, now is their show time This post has been edited by property101: Oct 4 2012, 10:22 PM
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property101
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Oct 5 2012, 05:50 PM
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the gold is very likely to be real. their business model is to take the new investors money to pay the old investors. it's a little complicated for most people hence many people cannot understand how that works. the company won't hurt their chance for continuing the business by using a fake gold. because once a person found out it's fake, the whole business is collapse. a ponzi scheme is designed to failed when it grown too big, not by having a fake product.
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property101
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Oct 7 2012, 11:20 PM
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QUOTE(johnny82 @ Oct 7 2012, 10:52 PM) haih reading the fb comments on genneva gold really sad.. sometimes dunno sad for them cos they lose all their money or sad cos they are still in denial and believe that the government is against them.. interesting. wonder if genneva investors would purposely vote the opposition just because of this incident?
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property101
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Oct 7 2012, 11:35 PM
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QUOTE(lunchtime @ Oct 7 2012, 11:26 PM) TILL now these consultants cannot answer how and where the 2% monthly interest come from. GOld do not generate interest. Even Buffett & Soros cannot do consistently 24% per year. Think about it. when i asked them they always say is because they managed to buy cheaper gold  then i continue asking them, i also can buy gold from overseas with very competitive price, so whats the difference? then they will bring me to round round round garden
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