I was approached by Genneva Gold Agent and ask me to join Genneva Gold Singapore due to its great potential. Previously, I have heard about it from my subscribers who has been earning a interest of 2% monthly from the reward program offered by Genneva Gold.
Genneva Gold will sell you Gold Bullion at a 2% discount on the company Gold Spot Price with a buy back guarantee price.
At the end of the one month, the buyer can
- Sell the Gold back to the Genneva at the Buy Back Price(2% Profit)
- Keep the Gold Bullion
- Rollover. Perform step one and buy Gold Bullion at a 2% discount.
The deal seems to be a win win situation for both Genneva and the buyer itself.
An example on how this works:
The company sells you Gold at $60 per g. If you purchase 1000g of Gold;
Cost of Gold= $60,000 (Buy Back Price)
2% Discount= $1200
Net Cost of Gold= $58 800
The buyer will pay $58 800 for the Gold and at the end of the one month, the buyer will get back $60 000. This is an immediate 2% profit or rollover to the next contract. Individual customers do not need to pay for GST while Corporate Clients will be liable for the GST.
How I see Genneva Gold Investment… In a nutshell, it is actually a saving plan similar to placing your savings in Fixed Deposit. Whether the price of gold goes up or down, your capital is protected 100% with 1.5% return every month (for a tenure of 6 months); compared to FD which gives you only 2.85% PER YEAR.
More details, visit: Genneva Gold Savings Plan.
Cheers!
Pat Lu (012) 210 4898
Genneva Gold Consultant, Kuala Lumpur
Posted by: Mygoldgoose.wordpress.com | May 08, 2011 at 01:32 AM