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Weekly Gold and Pools

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Posted by: admin

I remember Mario saying that the collapse of NL would result in a about a .1% reduction in returns on a weekly basis, however Mario also recently advised that WG had 20% of funds in NL, so the maths does not really add up. A fifth (20%) of the funds equals about a 1% reduction in returns, therefore about 4% per week

I do however like that idea that they have moved to monthly payouts and are now doing real forex trading. I just wonder however how much of the fund was left over and was transfered into forex trading and what results the traders are generating at present. I guess we will just need to wait till the 28th to find out \/

The problem with pools is that once one investment fails, new funds have to be used to make new investments to replace failed investments and as a result returns continue to dwindle until it is un-sustainable. We have seen this time and time again with pools. My suggestion, in hindsight is stay away from pools

I would suggest to only invest in programs that generate returns from real trading, like Bonded Investing is doing with stock market trading or programs that invest in actual businesses like CPU Investments is doing with their fruit and veg trading or programs that are doing real forex trading

And that is where the problems lies, trying to establish who is doing real trading etc


Posted by: kenzo

Quote:
Originally Posted by hphyips
I remember Mario saying that the collapse of NL would result in a about a .1% reduction in returns on a weekly basis, however Mario also recently advised that WG had 20% of funds in NL, so the maths does not really add up. A fifth (20%) of the funds equals about a 1% reduction in returns, therefore about 4% per week


A lot of stuff does not add up with WG and all what's connected to it.

Quote:
Originally Posted by hphyips
I do however like that idea that they have moved to monthly payouts and are now doing real forex trading.


They already do real fx trading? I was under the impression Mario
is still negotiating with traders or even traveling all over to find
traders.

Also I would like to point out, as much as I think this board is the
most professional of all the hyi boards having WG listed with
"Currently paying on schedule" comment is kind of misleading,
at least to new-comers.

Kenzo


Posted by: admin

Hi kenzo, I tend to agree

I will change the listing to "Hold off spending and monitor"

Phil



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