And in such a short time. I was looking at Yen4Gold pretty intently when considering for a portfolio diversion and even contacted John to request for DD information, and to see if we could do some auditing with them.
He declined my request as he was “waiting for something”. It’s not easy to get busted with trading forex unless you’re using an AWEFUL high leverage. So I’m not really sure where is he at and did he really gone bust with forex trading as claimed on their site.
Well so much for diversion, you have really gotta be careful in this industry.
Last week $9,000 worth of investment withdrawals and ROI payments have been processed. This drained our E-gold reserves, and the rest were paid from my own pocket - E-gold account.
28th June, Friday morning I requested a withdrawal from Yen4Gold NorthFinance forex account, of $8,000, just enough to cover my own hole from last week. The withdrawal was processed much earlier then I expected. At the same time, our trader opened large short GBP/USD positions. As a result, when the US data came out, our trader found himself in the wrong direction, unable to close the positions due to volatility and with just half the account balance he expected to have. Our Yen4Gold NorthFinance account was wiped out. Coupled with last week’s $9,000 investments withdrawal that drained our reserves which everybody who requested last week can confirm they have received it, Yen4Gold is pretty much bust, bankrupt.
No profits, referral bonuses or withdrawal requests can be paid, there are no funds, and right now I don’t see a way to recover from this
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