Owner: Common Cents URL:http://spectre-commoncents.blogspot.com/ Join Date: Mon, 21 Aug 2006 12:43:29 -0500 Rating:1 Site Description: Making sense and cents out of 'investing' money on online programs. Site statistics:Click here
Infinity Shares Is Going Nowhere 2007-05-18 18:04:00 In case you're looking for Infinity
Shares, they are still around. The website is down at the moment becasue their hosting in USA has suspended the website. Possibly someone reported to the hosting company that this is an illegally run hyip.Well, we can only wait and see what the outcome is. Anyway, you can read it here.
Read more:Going
, Nowhere
NSFG Trades Up Another Stinker 2007-06-06 12:45:00 NSFGPlain awful if you ask me. They conveniently went on a holiday after another pathetic showing. The month of May brought up a stinker to the tune of -15.04%.To make things worse with all the on-goings with e-gold, there would be no deposits (like anyone in the right mind would do so) and no withdrawals. Wonder what happened to the bank wire option?Infinity SharesAfter changing brokers and getting used to the new brokers, they have finally started trading again. Nothing much to divulge here since they have gone mostly private. Now, in order to join them, you would have to post in their forum and let them know who introduced you to them.Again with e-gold and, generally, the US government acting the goat, now is not a good time to join them. Nothing wrong with the trading here, just no deposits until the whole e-gold crap sorts itself out....if ever.Local ExchangersNothing much to report here except the rates to sell are crap. I've more than triple my e-gold hoard with no place to sel
June 07 Results 2007-07-01 06:45:00 Well, there hasn't been much to say lately. With the whole e-gold issue going nowhere fast, the entire industry is coming to a standstill. If you're looking to outexchange e-gold, right now might be a good time to do so as the rates have gone up slightly with the local exchangers.Hyip scams are still running rampant but no one's really putting in much money. The pool dries up pretty fast when it reaches 5 figures.. I suspect quite a few of the perceived larger ones are putting up false statistics. I can't believe that the industry players as a whole are collectively stupid enough to put in 6 digits, then again, never underestimate human stupidity.Autosurfs have practically hit the ground. In the autosurf folder of the whore capital of the world, MMG, new topics in the autosurf folder have fallen dramatically. The topics as well as the players have all fallen. Surfs do well to rack in 5 digits and 200 members. I'm glad I've left this particular part of the industry since my last a
July Update - Singapore-based E-gold Exchangers 2007-07-20 03:03:00 I know I've been dragging my feet in mud updating this blog. The reason being that there's nothing really noteworthy to write about.However, after reading the latest entry in Digital Money World on the e-gold exchangers still in business, I feel that it's time for another update on the local scene. I've not gotten much feedback in the recent months so I'm not entirely sure if some of the exchangers are even alive anymore. Much of it is probably due to the fact that most of the local readers of this blog have already moved away from Hyips and Autosurfs, hence have little or no use for e-gold anymore.Anyway here are the 'updates', as well as a new exchanger that recently emerged.Entelnova - Possibly the oldest in Singapore
and still working.Snapgold - Probably has the best rates in the market for Singaporeans. Definitely still exchanging.Wyngold - Still around.JR Exchange - Probably still working. No recent feedback.SG Exchanger - Probably still working. No feedback.Active Gold - Read more:Update
NSFG: Down and Out 2007-08-23 13:47:00 I'm personally speechless here.Sounds like a whole load of crap to me. It only goes to show that these clowns had no idea what they were doing. Or perhaps something even more sinister, since their last update held even more crap.The only silverlining I can take out of this is that I was seriously really close to opening a managed account about a year ago. If that had happened and the news is true, I would've been wiped out, or at least close to it, according to the update.Here's the update in the Gold-Horizon forum:Yesterday evening our broker in London, BGC, made a margin call on all our accounts after a drop in equity made it impossible for us to maintain the large open negative positions we have been holding for a while. It forced us to liquidate all open market positions, including both arbitrary trades and the hedged position for an all out loss. The large negative P&L had been built up as the global equity markets plummeted following the serious credit concerns and it caus
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