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Thread: The Gold Label - Another Sunshine Empire?

  1. #1

    Default The Gold Label - Another Sunshine Empire?

    Anyone heard of this company "The Gold Label" - they claim to help you invest in physical gold bars, promising 18% returns p.a.

    Or is it another Sunshine Empire in the making?

    To me, if it sounds too gd to be true, it IS too gd to be true.

  2. #2

    Default Re: The Gold Label - Another Sunshine Empire?

    18% per annum? If its too good to be true its prob too good to be true. Look at profitable groups, they once went from adverts everywhere and sponsoring everyone in the past to kena sai today
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  3. #3
    Moderator diver-hloc's Avatar
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    Default Re: The Gold Label - Another Sunshine Empire?

    Ever heard of the old saying.... "If Its Too Good To Be True...."

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  4. #4

    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by diver-hloc View Post
    Ever heard of the old saying.... "If Its Too Good To Be True...."
    yes i have....which is also what i said in the last line of my OP....

  5. #5

    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by qwerty628 View Post
    18% per annum? If its too good to be true its prob too good to be true. Look at profitable groups, they once went from adverts everywhere and sponsoring everyone in the past to kena sai today
    nvr heard of profitable groups.... but i am sure there are many such companies running ard 2day.

  6. #6
    Member tony_teo's Avatar
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    Default Re: The Gold Label - Another Sunshine Empire?

    If can get 18% returns, I'm sure they themselves and their friends and family will be investing. No need to ask strangers.

  7. #7

    Default Re: The Gold Label - Another Sunshine Empire?

    I've been thru their presentation. Basically u invest in min. 100g of gold bar which is about 6k+ and there's a guarantee that at the end of 6 months (if I'm not mistaken) u get back like 9% returns when u sell back the gold to them. They have a rationale plan as to how they derive this, but I can't remember the details. One clear thing I do recall clearly, is that you get to bring the physical gold bar back with you. A fren of mine has 2 x 100g gold bars. So in the event if the company does fail to honor its promises (so far so good), you can still sell it back to the goldsmith.

  8. #8

    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by snowspeeder View Post
    I've been thru their presentation. Basically u invest in min. 100g of gold bar which is about 6k+ and there's a guarantee that at the end of 6 months (if I'm not mistaken) u get back like 9% returns when u sell back the gold to them. They have a rationale plan as to how they derive this, but I can't remember the details. One clear thing I do recall clearly, is that you get to bring the physical gold bar back with you. A fren of mine has 2 x 100g gold bars. So in the event if the company does fail to honor its promises (so far so good), you can still sell it back to the goldsmith.
    How much did he bought the gold bars? At spot + 7% gst + ?% ?

  9. #9
    Senior Member Cheesecake's Avatar
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    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by zaren View Post
    nvr heard of profitable groups.... but i am sure there are many such companies running ard 2day.
    they tried once to buy over oldcastle utd!!

    steve mcClaren is one of the top guys there, always see him appearing in their ads.

    bryan robson too.
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  10. #10

    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by hmjt View Post
    How much did he bought the gold bars? At spot + 7% gst + ?% ?
    I'm did not get into the details, but money was indeed made. Like any prudent investor would advise, don't put all the eggs in one basket, spread your investments. This type of investment plan is meant for pple with cash to play -- another fren of hers who works as a doctor invested 4 kg of gold bars (of course need to put in safe deposit box) for like 250k cash. Good returns for short term investment; but again is only for those pple who has the $$$.

  11. #11

    Default Re: The Gold Label - Another Sunshine Empire?

    People just never learn, do they? Its a well trodden road...
    Last edited by hmjt; 17th June 2010 at 11:53 PM.

  12. #12

    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by snowspeeder View Post
    I've been thru their presentation. Basically u invest in min. 100g of gold bar which is about 6k+ and there's a guarantee that at the end of 6 months (if I'm not mistaken) u get back like 9% returns when u sell back the gold to them. They have a rationale plan as to how they derive this, but I can't remember the details. One clear thing I do recall clearly, is that you get to bring the physical gold bar back with you. A fren of mine has 2 x 100g gold bars. So in the event if the company does fail to honor its promises (so far so good), you can still sell it back to the goldsmith.
    so what happen to your fren? did he earn $$$ as promised?

  13. #13

    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by auron View Post
    so what happen to your fren? did he earn $$$ as promised?
    Yeah she got back the money.

  14. #14

    Default Re: The Gold Label - Another Sunshine Empire?

    basically, the higher the return the higher the risk... (lehman brother not consider lah... low return, end up super high risk )

    as for scam or not, you got to decide yourself...

    if everyone goes and buy, the return definitely will not be high...
    those ppl that are shrewd enough to spot a real investment opportunity will get rich...

  15. #15
    Member voxies09's Avatar
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    Default Re: The Gold Label - Another Sunshine Empire?

    It's likely the fresh money from new user will be given to old member, and old member will top up again until the boss runaway or company bangkrupt. Remember rich ppl will throw the ladder when they reached the top so that nobody can use the ladder
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    Member 9V-Orion Images's Avatar
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    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by snowspeeder View Post
    I've been thru their presentation. Basically u invest in min. 100g of gold bar which is about 6k+ and there's a guarantee that at the end of 6 months (if I'm not mistaken) u get back like 9% returns when u sell back the gold to them. They have a rationale plan as to how they derive this, but I can't remember the details. One clear thing I do recall clearly, is that you get to bring the physical gold bar back with you. A fren of mine has 2 x 100g gold bars. So in the event if the company does fail to honor its promises (so far so good), you can still sell it back to the goldsmith.
    Gold plated steel bars is it?
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  17. #17
    Member 9V-Orion Images's Avatar
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    Default Re: The Gold Label - Another Sunshine Empire?

    Be an Ah Long and you are guaranteed a return of between 18% to 25% in compound interest rate per month on your "investments".
    Last edited by 9V-Orion Images; 18th June 2010 at 12:40 AM.
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  18. #18

    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by 9V-Orion Images View Post
    Gold plated steel bars is it?
    hehe...so i can imagine some of their more cautious investors may bring their gold bars down to the goldsmith for verification, otherwise how to sleep peacefully at nite.

  19. #19
    Moderator ed9119's Avatar
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    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by snowspeeder View Post
    I've been thru their presentation. Basically u invest in min. 100g of gold bar which is about 6k+ and there's a guarantee that at the end of 6 months (if I'm not mistaken) u get back like 9% returns when u sell back the gold to them. They have a rationale plan as to how they derive this, but I can't remember the details. One clear thing I do recall clearly, is that you get to bring the physical gold bar back with you. A fren of mine has 2 x 100g gold bars. So in the event if the company does fail to honor its promises (so far so good), you can still sell it back to the goldsmith.
    I heard this scam was run in malaysia too..... people getting gold-plated lead bars instead of solid gold bars

    There are MAS licensed physical gold traders (surprise surprise mostly around Peninsula area) that will gladly sell you different sized Credit Suisse bars at spot London prices plus a small profit mark-up

    So far UOB Bullion is best in both bullion and paper gold certs.......... and Gold ETFs traded in SGX
    Last edited by ed9119; 18th June 2010 at 12:39 AM.
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  20. #20
    Moderator ed9119's Avatar
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    Default Re: The Gold Label - Another Sunshine Empire?

    Quote Originally Posted by snowspeeder View Post
    I Basically u invest in min. 100g of gold bar which is about 6k+ and there's a guarantee that at the end of 6 months (if I'm not mistaken) u get back like 9% returns when u sell back the gold to them.
    So lets say I buy at US$1200 an oz. last week and end of 6 months when the world is at peace and gold is back down to US$900 .... I can sell it at US$1200 + 9% ???

    I cannot and will not feel sorry for any person who gets conned in the end

    Your friend who made money.......... she is likely the lucky first few who are early in this Ponzi scheme who actually walks out all profitable ..... and thereby triggering the greed bones amongst the later sucker-masses

    This type of Ponzi and pyramids..... if you are not in the original first couple of layers .... better stand aside .... the lower your level, the more people above you are getting fed
    Last edited by ed9119; 18th June 2010 at 12:40 AM.
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