Thanks to one of our readers, we have been alerted to this one: Goldencove , Golden Cove Inc, goldencoveinc.com
The website features pictures of luxury holidays and smiling, attractive people, while talking about how they will help implement your wealth creation so you can spend more time doing the things you love.
They say that every genuine enquirer will have the product explained to them fully, and that every staff member has high knowledge about the product. Why then, when I asked to have what they do explained to me, did the guy keep diverting the conversation to having a live ‘free’ trial? And why didn’t he know what the average odds of their selected investments were?
They go on about how they do Leverage Trading, as if they invest short term in equities, when the fact is that they are primarily doing lay trading in the horse racing industry. Talk about deceptive !
After much questioning, it was revealed that my trial bank, if I took a trial, would be placed with yourbesttotes.com. Another ‘bookmaker’ on the same dodgy platform used by so many other suspect companies ( Ukhomebusiness, Trading Capital Partners, etc ). No contact information is available, let alone any other information about the company. Supposedly based in Puerto Rico. Good luck getting your money out.
Memberships start at a mere $12,999 for the Bronze two year licence. Of course, they tell you that the really smart investors are buying the premium $39,999 10 year licence. Sure, you can find them listed with ASIC, but that means little. What’s more odd is that they are not registered for GST, yet you’d think they’d have to be if they are as succesful as they say.
I find this to be extremely dodgy looking. They try to lull you into a false sense of security by talking about how it is Not a get-rich-quick scheme, how there are lots of clients on board and that the best proof is in a live trial..that only lasts a week mind you. How are you meant to make any great financial investment decsion based on slim evidence like that? When I asked if they could send past records, they said that they probaby couldn’t because they ‘don’t want people stealing their ideas’ (!).
Look, if you approach any decent investment company/opportunity the vendor, if they are genuine, will furnish you with all the back data you want. Not that it guarantees future results, but it shows that they keep records and are thorough in the study what they are doing. They would also offer substantially lower entrance fees, or even just charge a monthly access fee.
I think there are much better opportunites out there with far less risk of losing your investment, of a bank or licence fees.
I’ll leave you with a peculiar quote from their website, and an even more peculiar picture of something that appears on their front page…breading success!?? Is that like ‘rising to the top’ ?
“Being good in business is the most fascinating kind of art. Making money is art and working is art and good business is the best art.”
As always, this is all just opinion, and only offered in the interests of the general public :p
Additional info here