Looks like the rates are diminishing......from 2% p month.
Now its 0.5% p month......money troubles?

i find it hillarious when ppl say: i INVEST with money i can afford to lose.
Thats rather oxy moronic IMO if you are an INVEST-oR....   

Who wants to lose any money?

Unless you are goin to a casino?   

bro, quit nitpicking - 3% / 6mths = 0.5% per month in simple calculation.
If U want an Excel calculation, it doesn't run far as the compounding of % pm isn't much difference at 0.5%-/+.

For a heavy Kopitiam poster to "logic things out" against investors and heavy posters here, U really do need a good calculator + some logic
and i'm assUme-ing U aren't one of Genneva's "investors" still trying to get the gang to "see the light"

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Added on July 14, 2012, 10:16 am
Occam's Razor cut cut + "follow the $ trail" = 
Aiya - no eye see lar these "investors", all i worry is that they con oops.. convince other ah sohs and uncles into it too.
I hope that Hell has a very special place for these types.

That is 18% in total for 6 months. No investment can make such amount of money within short time. If such thing exist, you will see EPF, KWSP, And other big funds will invest in it until the genneva bank account will explode. 

[attachmentid=2946016]
Wow... $7.55 variance 
Life must be tough on U huh?

"DUDE" pls look at whats been posted   

I think he did not put it clearly. I think he meant now the co is paying 3% per month (instead of 2%) but only for 6months. After that revert back to the usual 2%.

Anyhow, it could be a sign of desperation of cashflow shortage. Understandably, when it is now claasified non-halal, muslim ”investors” cannot buy and returns has to be set higher to attract new ”investors”. The last strategy before pushing the ”eject” button I guess. Lets see what will happen in the next 3 months 

That's because the time has not arrived

The 2008 US property-led crash did not happen overnight, right?

Both my sentences are right ? 

Is he? IF he stopped investing and pulled out already, yes.
IF not, the gold is in his hand now or not? Do an Excel calculation - 2 years.. with the buyback at the end of the contract and buy anew again for a new contract, U sure he's safe?

The things is: If he keeps the bar, who is gonna buy it from him after the contract?
genneva does not need to....the jewellers?  Thats a 25% cut off the spot prices....

OR will the banks buy???

i know...thers an option to keep the bar. If you keep, who can you sell to?

genneva does not need to purchase from him after the contract....the jewellers? Thats a 25% cut off the spot prices....

OR will the banks buy???

i know. you are making it very complicated.

After the contract. He keeps the gold bar. lets say fro another year....Who is he going to sell it to after that?

i know thei plans.

My question is IF one keeps the bar, hows he going to sell and to whom later on?