Vietnam-gold.com Review Is Vietnam Gold Scam or Should I Invest

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Vietnam-gold.com Review: Is Vietnam Gold Scam or Should I Invest

Vietnam Gold Review: Scam or genuine? Vietnam-gold.com claims it can help you grow your money. Is Vietnam-gold.com legit? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review we provide you information based on our investigations and user experiences to help guide you make the proper decision.

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Vietnam Gold Investment Scam Review: Disturbing Things Found

Though this site might appear legit to a newbie, the truth is that it is just a wishy washy HYIP designed in such a way to convince unsuspecting investors. Most of this scam quick-profit investment schemes are HYIPs. What is a HYIP?

It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.

Most of them provide a registration certificate and so-called evidence of payments. Don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries are not in actual sense located there.

Sometimes these platforms might pose as an investment platform, doubler platform or even a mining platform. Often times they might run an ads through the google ads academy or even get a youtube ads making them look legit. But the truth is that they do not have the equipment that make them what they claim to be. Rather what they do is circle the funds of investors, and when they have made a lot of unsuspecting investors trust them, they stop paying.

How To Know a SCAM HYIP

It is true that most of this high yield investment platforms look like the real deal, thus confusing us.However, there are various ways to find out if an investment platform is a lackluster HYIP or if it a trusted investment platform. Below are ways you could find out-

  • ROI- The returns offered. Are they sustainable? Can the funds be shuffled round and get to every investor? are the offers realizable?
  • History- Does the platform have a history? Can the company behind it be found online?
  • Transaparent– How transparent is the information on the website?
  • Contact– Can you reach them? Is the address made available on the platform?

Vietnam-gold.com i s not a legitimate investment platform . Don’t be deceived by their promises.

Conclusion-

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. .On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

Vietnam-gold.com Reviews: SCAM or LEGIT?

SCAM ALERT! Vietnam-gold.com is not making payments. DO NOT INVEST!

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Vietnam-gold.com Review
User Ratings

To protect the money from the losses, vietnam-gold.com along with an analysis of the borrower’s creditworthiness has long started to use another way of hedging: demand from the borrower providing the loan or even of vietnam-gold.com deposit to direct using in different ways of investing. Providing a loan (mortgage) – is the property of the borrower, which can be withdrawn from him by vietnam-gold.com’s and sold to cover debts, which he is unable to return.

Disclaimer: This article should not be viewed as an endorsement of any of the services mentioned. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services.

Disclaimer: Anything you see in this article is based only on my opinion and experience since it’s just a review. You may also see others opinion in the comment section and is not a guarantee as well. This is not a financial advice so do your own research first before investing. We are not responsible for any damages and losses related to any products or services mentioned in this article.

Vietnam Struggles to “Control” Gold Market Speculation

The STATE BANK of Vietnam is struggling to curb what it calls “speculation” in the gold market, despite tightly licensing all retail and bank outlets and now seeking to become the sole point of all gold imports and exports from the one-party Communist country.

“The State Bank will participate directly in the gold market to create and ensure tight prices,” says director of foreign exchange management Nguyen Quang Huy, writing for legal-news website Phap Luat this weekend.

“First, the central bank will offer gold for sale at public tender auction. In addition, the Bank will develop export and import processes, directly regulating the way gold is sold to control speculation and keep it to a minimum.

“In the long run, the central bank will host two gold bullion trading centers in Hanoi and Ho Chi Minh City, for public tender. After a stable market for about two years, it will allow inter-bank trading and gold dealing businesses.”

Vietnam’s latest gold market announcement comes after weeks of confusion and sharp losses for banks and consumers involved in gold bullion loans – loans which must now be settled by June 30 according to a new State Bank decree, even though many run for 5 years.

Meanwhile, Government Decree 24 – which took effect on 14 January, and which made gold dealing illegal for any bank or business without the necessary license – has been widely ignored and bypassed, according to other local reports.

The Saigon Times Daily quotes strong sales of non-bullion products by the Saigon Jewellery Holding Company, and “the new restrictions, combined with the wide gap between domestic and
global gold prices, has forced gold buyers and sellers to turn to gold
rings as a safe haven,” says Tuoi Tre news.

A reporter from the newspaper says he found many newly illegal gold-bar trading shops dealing “covertly” with the public, simply turning off their live digital price displays and putting only jewelry items on show.

“It will not be an easy task for the central bank to organise the imports and trading,” said an un-named executive to Reuters last week, “as it does not have an available trading network as the banks and companies do.”

Two weeks after the new regulations came into force, commercial banks holding full gold-trading licenses haven’t yet opened operations across their branch networks, according to several Viet news reports, with staff lacking the training and knowledge needed.

Despite 2,500 newly licensed trading centers being launched, tens of thousands of now illegal shops remain.

“In the longer term, if the violations loom large, we will apply heavy penalties,” the paper quotes Nguyen Hoang Minh, deputy director in Ho Chi Minh City for the State Bank.

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