2
Opinions Sun, 30 Sep 2018

Click for Market Deals →

Menzgold has become a public policy issue - IMANI suggests way forward

Read Article

Comment: Mendsgold's Arcane Financial Model

Author:
Baidoo Frank
Date:
2018-09-30 20:34:22
Comment to:
Menzgold has become a public policy issue - IMANI

Wow! It means the model Menzgold is purporting to be the underlying formula for these mouth-watering returns are not feasible.
The principle is if you dont trade you dont know you will gain or lose.
Menzgold has not shown where it (or its agents) trade in the world to reap such windfall profits so as to make its *lenders*...creditors ... harvest super dividends/returns in the short-term.
Trading is not difficult to understand.
If you buy cheap and sell dear, you gain. Vice versa, you lose.
How does Menzgold make profit when it consistently tells its customers that their gold deposits are intact and safe(it means they have not traded away the Gold yet they can conjure profit and pay dividends)?
SEC should borrow leaf from Dr. Philip Addison's Book of Banking Regulations!

This article is closed for comments.