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They are willing to risk getting cancer. There are no universal standards. Singapore, a country with very strict laws against pyramid schemes has permitted GoldQuest to operate.
The company is operating in New Zealand and Australia for the past 5 years without any problems. The company is making a foray into the US too by making suitable amendments to be able to comply with the laws.
It is a company willing to make changes so as to gain acceptability rather than make quick money and disappear. Some may say that lotteries are bad, while some say that lotteries are good.
Some states ban lotteries, while some promote it. GoldQuest is a company with a standing and is not a fly by night company.
As long as the company is not doing any fraud, In the US, and many countries of Europe, the porn industry thrives with impunity, while it is banned in most Asian countries.
That does not mean it is going to die down in the US and Europe. It is for each country to frame its own set of rules.
There is no out flow of capital from India as the company is reinvesting in India. They have taken adequate legal advice and steps to ensure that they do not infringe the law.
I for one think that it is giving you good value for money. The fact that a pyramid scheme operates in a country which has strong Gold Unlimited operated for over 10 years in the US, starting off as Amercican Gold Eagle and when that was shut down opeing up in another state as Gold Unlimted and then moving from state to state to avoid the regulators before being finally shut down-but not before tens of thousands lost their money.
The mafia operate in Italy where many of their activities are technically illegal. Continued operations there cannot be accepted as a sign that the activies are in fact legitimate, merely that the law has not caught up with them.
When you run through the population the scheme collapses. The scheme like all pyramids is structured to give people at the top a return while defrauding many below.
Comparisons to the porn industry and lotteries are irrelevant. I never believed it too, till I actually did it. Today I am well on my way to achieving total freedom.
By: Python Jun 28, AM. As far as the porn industry is concerned, it is illegal in many parts of asia for cultural reasons, not because the industry cheats its customers.
Good value for money? If you are interested in buying gold, Krugerrands, purchased from a bank will give far greater value. As for the few coins that GQ does sell, you are much better off buying them from proper coin dealers, dealers who are registered with associations such as the Professional Guild of Numismatists who will as I have pointed out above give far better prices.
As for GQ's response to the allegations in SL, it takes much of the form that I have dealt with above. They said much the same thing in Nepal :about a week before they were banned in Nepal.
The Chennai case - GQ has not been given ''permission'' to operate as you claim. The court held that:''a division bench, comprising Chief Justice B Subashan Reddy and Justice S Sardar Zackria Hussain, said they were of the view that a prima facie case had been made out against the sealing of the firm's business premises or freezing its four bank accounts.
Anyway I let you judge about this procedure that Goldquest, my7diamonds and other companies have started and works well in these countries.
By: popen Sep 23, PM. Hi There, hubbe probably wanted to advertise! The latest story from Sri Lanka is 8 people have been fined Rs.
A total of upline leaders are to be fined. Charges against the next One of the key people who was importing the coins has now fled to Australia.
By: Python Sep 26, AM. Python presents the case in a sound logical format-but the others those who claim that one can achieve 'financial freedom' puts the case across in a illogical, but emotional manner.
Mathematically, logic is the winner. That was thought t Any financial advisor, will tell you to be logical about your investments, so follow the logic There is no easy way to make money as GQ claims, what they do is simply shift money from gullible people to the top liners!
By: wasabi Jan 25, PM. Not going to mention my name, cracked into this account to make a message. Dont want to support these idiots and i am here to support the QI Group of companies.
I have been in the business for 1 year. I have seen success and i have tasted it You dont know what a pyramid is Python. GQ is a binary system that supports leadership and team growth, have you meet the directors?
That means your a moron. Look out for a book titles ''Network marketing for morons'' Hang on, one of my team members wished to add on this: Hi, we have hit the 1billion mark, we associate with Fifa, Amex, Citibank, unicef.
We will be having a Vconference in Tailand with the tailand prime minister, does pope John paul think QG is a scam!!!
Quest Air is comming, so i suggest Python that you get your facts straight and stop carrying on like a Amway dropout. Why not pick on some real scammer companies and not legitimate ones.
Or a you just saying these things to make money from this shithouse website. The only decent part is where the TCO have their say.
By: alpha2mille May 11, PM. You claim that I am need of finding out the facts. May I point out that: 1. Pyramid schemes have often been constructed using the so called ''binary Scheme''.
As I have pointed out in the post below, the identical scam was run by Gold Unlimi The directors of GoldQuest are a bunch of crooks.
They are facing a huge fine in Sri Lanka. Four top liners were fined Rs. Ask the directors to come to Sri Lanka and talk to our Central Bank.
GQ has no connection to theh Pope or any of the institutions that you claim. They mint medallions that carry images of well known peronalities without permission in the hope that they can con people into believing that they are in some way associated with them.
GQ, like a lot of other pyramid schemes is trying to ride on the reputation of others. If they have some connection with an institution such as the papacy please produce verifiable evidence.
Why don't you try asking your directors to provide you with this information? If they have nothing to hide, they can surely release it.
You have said nothing to counter my areguments, provided no facts and yet you have the gall to accuse me of false evidence.
Search the web, you find plenty of evidence on GoldQuest. Banned in Nepal, Bhutan, Iran. Problems in India, Sri Lanka, the Philippines, Somalia- there is an ever growing list of places where they have got into trouble.
The evidence is available for all who wish to see it. By: Python May 11, PM. Georg Rocco Rinck was a director of Gold Unlimted.
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Accept Terms and Conditions. Send an email. Once you have bought your house and settled in, it is important give yourself a mortgage check-up every few years.
Keeping your eye on interest rates can help save you money on your mortgage. Reassess your mortgage if your financial situation has changed.
Since you bought your house, has your salary increased significantly? Have you had another child?
Started your own business? Perhaps you can find a mortgage product the better suits your financial situation.
Or you may be able to accelerate your payments to boost your home equity faster. Regardless, as your career and family grow, your finances change and you might able to lower your monthly payment or pay off your home faster.
Have interest rates dropped? If you have a fixed-rate mortgage and interest rates have fallen, you might want to consider refinancing.
Refinancing is when you replace your current mortgage with a loan that offers better rates and terms. This can end up saving you a significant amount of money on your monthly mortgage payments.
If you do decide to refinance your mortgage, be sure that the fees and costs associated with refinancing are worth the new rates and terms.
Research the loan market and stay updated on trends so that you know when the right time is. Have interest rates increased? If not and rates continue to rise, refinancing to a fixed-rate loan may help limit your exposure to rising rates.
As you gain more equity in your home, it becomes a more and more valuable financial resource. Be sure your mortgage works for you and you are getting the best deal.
The last step is closing. Closing requires a great deal of paperwork. You should keep your records organized and also ask about documents you might need, though everything should be taken care of regarding your loan at this point.
Make sure to ask to send you the Settlement Statement a few days before closing so you have time to review it. Before signing, review all your loan documents, especially your Settlement Statement, which is also called a HUD This is your final account of all of the costs and figures related to the deal.
This could be because third-party fees such as appraisal fees ended up being slightly different than originally estimated. Once you sign the loan documentation and write your check for closing costs and your down payment, the home is yours!
What is a rate lock? A lock is a commitment by the lender that guarantees you a certain interest rate for a specific period of time. For example, your lender might offer you a 6 percent interest rate for zero points for thirty days, or 6.
Time period The most common amount of time for a lock is 30 days. However, locks come in fifteen day increments and you can get a lock for 15, 30, 45 or 60 days.
Some lenders even let you lock past sixty days. It is good to remember, though, that the shorter the lock period, typically the lower the rate will be.
Locking into rates and points means that your lender commits to giving you a specified interest rate for a specified period of time.
Preapproval means that Gold Quest has to thoroughly check your finances, including your income and debts, and has given you the thumbs up for a loan of a certain amount.
Gold Quest Group can give you a preapproval letter, which will make it easier to shop for a home.
Preapproval also expedites the home buying process, as much of your loan paperwork is already taken care. Remember, prequalification is not the same as preapproval.
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