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 Gold Investment Corner V7, all about gold

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shadowblack
post Aug 15 2014, 10:12 AM

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Hello, I would like to ask about some of the gold seller. There is one that we buy gold for rm13.5k and after 3-7 days we get rm10.5k back and will be getting rm2.5k monthly for 7 months. Can somebody explain to me about this thing? Is it worth to invest?
shadowblack
post Aug 15 2014, 11:07 AM

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QUOTE(roscha @ Aug 15 2014, 10:42 AM)
Sounds like a get-rich-quick scheme to me...ponzi

Let me ask you, if you were a businessman, would you find such a business viable?
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If I were a business man, I think one of the easiest way to get money is from investor and by doing something like this, the person who did that probably will get more than the investor. But by doing like this gold, I still have my doubt about how they can generate such money. One of the person who did like this is 'Tok Belagak'. Don't know can be trust 100% or not but some of my friend already invest in it with rm6k and already get rm2k per month (2 months already). I still have my doubt. Probably for short term only if want to do it
shadowblack
post Aug 15 2014, 11:49 AM

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QUOTE(haziqnet @ Aug 15 2014, 11:44 AM)
i know this Tok Belagak and his business on gold...
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Care to explain? Is it trustable?
shadowblack
post Aug 15 2014, 11:49 AM

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QUOTE(haziqnet @ Aug 15 2014, 11:44 AM)
i know this Tok Belagak and his business on gold...
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Care to explain? Is it trustable?
shadowblack
post Sep 6 2014, 02:29 AM

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Hello, I kinda noob in this gold investment. Nowadays I heard my friend play this 'contra gold trading'. After around 2 months, suddenly more and more person join this thing. Is this kind of thing really true? Here I show in spoilers

» Click to show Spoiler - click again to hide... «


Hearing this, I feel like attracted to it but its kinda too good too be true. They say that we can either keep the gold or give to them for trading purposes. So I need LYN gold investor advise. Is this ponzi scheme or trading gold really make that kind of money?
shadowblack
post Sep 6 2014, 03:19 AM

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QUOTE(infinityplayaz @ Sep 6 2014, 03:13 AM)
Yea,im curious as well,how they generate profit?someone can explain their system?
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They explain to me that the just do gold trading. The problem is, how can they do trading and have this kind of return when the gold price is dropping
shadowblack
post Sep 6 2014, 12:43 PM

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QUOTE(demolationz @ Sep 6 2014, 12:29 PM)
Wow. Sounds a deal. But which company is this ?
And ETA is better than Contra actually.
Because you dont earn the cashback.
Well you said they explained to you about the system ? Seems, you don't really understand clearly right strategy on how to manipulate the gold ?  smile.gif
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They just explain to me that they can get gold at lower price and sell it higher price and keep repeat that step but kinda doubt they can make RM2500 per month. I thought ETA and Contra almost the same?
shadowblack
post Sep 6 2014, 05:34 PM

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QUOTE(demolationz @ Sep 6 2014, 01:49 PM)
You can make that amount of money and bigger If you know the way bro. Trust me, knowledge about the system work is very important on how to manipulate it.
Well. Get the fact right.

Contra, you lend money from the Individual.
Here's the rough sketch.

100Gram = RM4500. (Payment By You)
So, you will get RM2000/MONTH for 5 MONTHS.
RM10000 - RM4500 = RM5500
RM5500 - RM4500 = RM1000 (Gain By 5 Months)

ETA you use own money. 
Rate RM127/G = RM12,700/100Gram
Lets say ETA5.

After 5 day CashBack RM10,000
And you will get RM2000 X 5 MONTHS RM10,000
RM10,000 + RM10,000 = RM20K.

Which part is almost the same ?  sweat.gif
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So this kind of gold trading is trustable? Not illegal?
shadowblack
post Sep 6 2014, 09:18 PM

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QUOTE(demolationz @ Sep 6 2014, 08:12 PM)
Well. like I told you bro.
If you have the knowledge, you can do it yourself. And not sitting under people's program.
I mean, the knowledge to manipulate the gold  itself.

If you already have the knowledge, you know already the systems work and whether it is pure gold trading or just stupid money game.
And If you want to expand the profit, surely you need to have bigger capital right ?
So by finding investors like us.
Its all about whether the the organizer of the program is trustable or not.
For this, you can always ask the gold trader facebook group which now reaching 30K members.  laugh.gif
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So in you opinion, this is pure gold trading or stupid money game? You still didnt asnwer my question, is this illegal or not? Can tell me the FB group?

This post has been edited by shadowblack: Sep 6 2014, 09:19 PM
shadowblack
post Sep 6 2014, 10:57 PM

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QUOTE(infernoaswen @ Sep 6 2014, 10:33 PM)
In the end of the day you are banking in your money to a stranger account which you have no idea how they do business in the first place. There is nothing stopping him / his upper line running away with all the money he accumulated. Maybe its legal or maybe they used it for money laundering etc we never know. Maybe its true people are getting paid, maybe its similar to MLM scheme, use all the newcomers money to pay off the old joiners & repeat the cycle until it collapse. Try asking them how they operate, how do they make profit. Most of them can't explain properly or it doesn't make much sense. So its your call, in the end of the day any kind of investment has risk. It all depends on how big it is & how much % returns you will get.
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Not exactly stranger, he is a friend of mine that I knew more than 5 years. I also been thinking. Why these kind of things too good too be true. That's why I ask here on the first place because I have 0 knowledge about gold trading
shadowblack
post Sep 7 2014, 12:18 AM

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QUOTE(demolationz @ Sep 6 2014, 11:47 PM)
In my EXPERIENCE. Its pure gold trading bro. You mean illegal in term of Islam Religion ?  hmm.gif
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Yes, that's what I mean. That's what make me still thinking about these kind of thing. I'm just asking opinion in here since there are a lot of other people already invest gold in this forum so better ask sifu here rather than people who have less knowledge about this
shadowblack
post Sep 7 2014, 12:20 AM

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QUOTE(infernoaswen @ Sep 6 2014, 11:06 PM)
I saw quite a lot of those posting as well. I am curious as well, just start small I guess. Get those 1g - 10g, after few months if no problem use the profit you earned & invest again on a slightly bigger amount tongue.gif If they disappeared at least you dont lose a lot. Based on predictions & how gold been performing the past 2 months, it looks bad. So how are they still earning do ring some bells to me. They normally say they buy cheap & resell it at higher price but if price is dropping who will buy from them at high price? It just doesn't make sense to me  hmm.gif
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That's what I've been thinking. Gold price keep dropping but they can give a lot of dividend. And I saw a lot of malay people doing these kind of things also. It's been flooding in my facebook post that's why I want to know is it legal or illegal
shadowblack
post Sep 8 2014, 02:10 PM

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QUOTE(orangutan @ Sep 8 2014, 11:28 AM)
Nobody knows unless you are one of the few who have access to millions to manipulate the market.
You are on the right track, my friend.
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I agree with that and the problem is gold price keep dropping. Even increase, how can they make profit more than 2 times in just 3 months. Cant really understand that. Scare 2-3 years later, company close like genneva

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