[setty123]

I like those reviews so far. Only 2 plans and I am currently investing in the weekly plan myself.

GoldnuggetInvest

Daily plan :: Variable, profit between 0.7 - 1.1% paid from Monday to Friday,
Weekly plan :: Fixed profit of 6%.

*** Profits are paid to your GNI account balance within our system and can be withdrawn to your payment processor 24/7.
Both programs are running indefinitely but you can terminate your membership at any time and withdraw your deposits without any fee.

The website is quite informative, go visit now :

Goldnuggetinvest

Money-News-Online Interview with GoldNuggetInvest Admin

[setty123]

My sponsor posted few standard questions and here is the reply he got from Admin

Dear Len
thank you for being a member of GNI and your inquiry!
I am glad to answer your questions.

1. GNI was running as a private program on invitation only till the end of April 2008. We started in October 2006 and accumulated about 180 members during our first 18 months of operation. We haven't got a script on our website during that period, just a kinda splash screen with informations and all communication/withdrawal requests etc. went through email. We wanted it this way in order to see how the project is working out, and if we can go a step further, what we did this year. Since our initial member base was not related to any HYIP game whatsoever there had been no forum threads opened and since we do not associate us with the HYIP industryat all, we were glad about this fact. True to the motto: No news are good news! If we were not paying our members - you can be sure there would be public forum threads.

2. No we are not US based, but our server is located in the US with the Staminus Network, hosted by BlackLotus.

3. Yes we are considering STP, SP and or AP as additional PP's. We will soon ask our member base for their opinion and will discuss this issue at our official forum too. (We are used to involve our members in the process of decision making.)

4. You are welcome to do so, Len. But please note that our philosophy is different from other online investment opportunities and we won't attend each forum, I guess you understand what I mean.

5. This program might go private again, once we have reached a certain limit of member funds. You must know that there are limitations regarding the bookmakers and we cannot trade with unlimited amounts. More details about this issues will come up during my interviews with Money-News-Online and in our official forum at Pexmon.

6. I really have no time limit, Len. I am arbitrage betting since 2001, my partner Jurgen since 2003 and GNI is a profitable business model for us - otherwise we wouldn't put so much efforts into it. We consider GNI as our business - with open end!

7. There is no limit relating to the membership size, rather to the funds administrated, as explained before.

I hope I was able to be of help. If you have further questions please do not hesitate to contact me.

With best regards,
Robert
Admin GNI

PS: Now you can Invest in this program using Liberty Reserve/ V-Money/PerfectMoney/SolidTrust Pay/StrictPay.

[spring]

I'm in and testing the 6% weekly plan. Looks like a well-run opp. (IMG:style_emoticons/default/smile.gif)

[DavidDCSA]

Cannot access my account today. "Server taking too long to respond" message.
Perhaps it is a fluke, will try again later.
[It sure is difficult to type with my fingers crossed.]

[setty123]

Cannot access my account today. "Server taking too long to respond" message.
Perhaps it is a fluke, will try again later.
[It sure is difficult to type with my fingers crossed.]

Yes, site seems to be down at the moment. Not to worry,it should just be a temporary glitch/site taken down for maintainence.

Here is the good news to all GNI members:

Quote from GNI admin

"Thank you for posting here *****(name removed/edited by me), I noticed your concerns.

We have received dozens of emails from our members regarding this issue over the last couple of months. We are always open to our members opinions and suggestions and wouldn't be what we are without our members input! We understand that many members like to grow their initial investment with us to a certain level and then enjoy the benefit of steady weekly earnings. Taking this in consideration, we will introduce two so called rollover plans in January. The only purpose of this plans will be to redeposit your earnings from our daily and weekly plans, instead of accumulating them in your account balance or withdrawing them.

Since we are still in the conceptual phase, please let us hear your opinions and ideas!"

[setty123]

I'm in and testing the 6% weekly plan. Looks like a well-run opp. (IMG:style_emoticons/default/smile.gif)

Spring,Welcome to the GNI club. Yes Indeed,it's a well-run opportunity. You not only get your questions answered by the admin,he is also open to member's suggestions/ideas..

[pj]

I received my first referral commission paid very fast (IMG:style_emoticons/default/laugh.gif)

req dec 12th
paid dec 13th

Thanks GNI

[PassiveMike]

This looks VERY GOOD.
Been following for some time.
Am a little shocked that interest level seems a little low.
- Maybe that's a good thing

I prefer Long-Term low ROI sites and the list is short for Companies online since 2006.

[setty123]

This looks VERY GOOD.
Been following for some time.
Am a little shocked that interest level seems a little low.
- Maybe that's a good thing

I prefer Long-Term low ROI sites and the list is short for Companies online since 2006.

This Business has seen many Christmas come&go (IMG:style_emoticons/default/rolleyes.gif) .. You see what I mean. It has withstood the test of time. You are right,this is defenitely a long term low ROI site. I'm not really bothered to roll-over my returns till there is a substantial amount to do a weekly withdraw.

[danyer]

I just joined this one. Pleased with support. Also, to steadily make about a buck a day...can't beat that.

Chris

[setty123]

I just joined this one. Pleased with support. Also, to steadily make about a buck a day...can't beat that.

Chris

Hello Chris,

Welcome to the GNI club..

[Dee]

Hi all,

I am very interested in this program as it looks good.

However, I am a bit confused as to how it works, and would appreciate some clarification please.

I see this in the Interview, the link for which is above:-

"6. As far as I understand there is no expiration for the deposits so one can earn indefinitely. But what if I want my money back?

Yes Paul, that differs us from many other online investment opportunities. Our members deposits do not expire and they can earn money indefinitely. But if they decide to take their money out they can do so after a grace period of 30 days, to protect us from so called hit-n-runners. There is no fee applied for the withdrawal of the initial deposit after the 30 days."

On the other hand, in another question, it says that there is no compounding.

Could you explain how the weekly plan works please. Can you just let it run as it says here, or do you have to withdraw it after a week?

Many thanks,

Dee

[setty123]

Hi all,

I am very interested in this program as it looks good.

However, I am a bit confused as to how it works, and would appreciate some clarification please.

I see this in the Interview, the link for which is above:-

"6. As far as I understand there is no expiration for the deposits so one can earn indefinitely. But what if I want my money back?

Yes Paul, that differs us from many other online investment opportunities. Our members deposits do not expire and they can earn money indefinitely. But if they decide to take their money out they can do so after a grace period of 30 days, to protect us from so called hit-n-runners. There is no fee applied for the withdrawal of the initial deposit after the 30 days."

On the other hand, in another question, it says that there is no compounding.

Could you explain how the weekly plan works please. Can you just let it run as it says here, or do you have to withdraw it after a week?

Many thanks,

Dee

Dee,

In a weekly plan, as per the name of the plan interest amount will be credited to your account balance on a weekly basis.

Ex- If you invest $100, interest amount of $6 will be credited every week. You can either
a- Withdraw this amount.
b- You can reivest and start a new plan which earns you a second stream of returns / income.
c- You can leave the amount in your account balance to accrue a Min amount required for reinvestment.

[waldo3777]

Just to put my two cents in arbitrary is sports I guess you call it waging or betting. Since I am a sports junky I have
studied this allot. There are many arbitrary companies out there. Bascially they put a certain amount of money on both teams to bookers. This way they are guarnteed a profit either way. Many sites let you pick the games you want and the amount you want the bet and the percentages they offer. Golden nugget does it all for you they make a profit and give you a percentage of it. It is leagal to do. So they use our money to make money and give us some of what is made. You can google sports arbitrage yourself and there is a ton of information on it. Golden Nugget I would say is legitamite.
Because arbitrage is real and the sports they bet there money on is really being played. That is not saying they cant take your money and run away but since they have been around for two years I would say they won't. As they are making good money themselves why would they want too if they can get more clients and make more money doing so. I would do it by myself but there are fees to doing it yourself and allto to keep up on and I dont want to be bothered to keep up on it doing in myself. I would rather have them do it and jsut take the smaller profit. It is almost like paying a financial advisor to look over your money even though you know how to invest it yourself. You just have other more important things to worry about such as family work etc and dont have the time to keep up on it as much as you would like. You pay them they take care of it for you. I say they are a good company legit because I know about what they do. I joined them a few days ago. But as you know nothing is guarnteed but I would say it is a sure thing money is being placed on these sports games by thousands of people all over the world daily.
Hope this helps some and is a good example

Hi all,

I am very interested in this program as it looks good.

However, I am a bit confused as to how it works, and would appreciate some clarification please.

I see this in the Interview, the link for which is above:-

"6. As far as I understand there is no expiration for the deposits so one can earn indefinitely. But what if I want my money back?

Yes Paul, that differs us from many other online investment opportunities. Our members deposits do not expire and they can earn money indefinitely. But if they decide to take their money out they can do so after a grace period of 30 days, to protect us from so called hit-n-runners. There is no fee applied for the withdrawal of the initial deposit after the 30 days."

On the other hand, in another question, it says that there is no compounding.

Could you explain how the weekly plan works please. Can you just let it run as it says here, or do you have to withdraw it after a week?

Many thanks,

Dee

Dee,

In a weekly plan, as per the name of the plan interest amount will be credited to your account balance on a weekly basis.

Ex- If you invest $100, interest amount of $6 will be credited every week. You can either
a- Withdraw this amount.
b- You can reivest and start a new plan which earns you a second stream of returns / income.
c- You can leave the amount in your account balance to accrue a Min amount required for reinvestment.

[Dee]

Thank you Setty and Waldo

thank you for clarifying this further.

Many thanks,


Dee (IMG:style_emoticons/default/biggrin.gif)

[TheTonik]

I keep reading how GNI has been around for 2 years, but I cannot find any proof of their existence before August 2008. Anyone care to comment?

[marg]

so if you put $100 in the weekly plan the $6 per week is not compounded weekly?

[setty123]

so if you put $100 in the weekly plan the $6 per week is not compounded weekly?

You can definitely compound on a weekly basis but the reinvestment amount should fall between $50.00 - $20000.00 for a Weekly Fixed plan and $20.00 - $2000.00 for a Daily Variable plan.

[MikeCO]

You could let your weekly earnings grow until you have $20 then put it in a daily variable plan to compound a little faster.

MikeCO

so if you put $100 in the weekly plan the $6 per week is not compounded weekly?

[fastone]

I keep reading how GNI has been around for 2 years, but I cannot find any proof of their existence before August 2008. Anyone care to comment?

TheTonik, I would like to know that too.

setty123, how long have you been member of GNI?

[fastone]

http://whois.domaintools.com/goldnuggetinvest.com

Registrar of Record: TUCOWS, INC.
Record last updated on 29-Sep-2008.
Record expires on 06-Sep-2011.
Record created on 06-Sep-2006.

[fastone]

Domain History toward to GNI

We have 61 historical whois records for Goldnuggetinvest.com.
Here is a complete list of dates that we have whois records for.

2007-11-19

2008-04-13
2008-05-05
2008-09-14
2008-09-18
2008-10-06
2008-10-09
2008-10-10
2008-10-11
2008-10-13
2008-10-15
2008-10-16
2008-10-17
2008-10-19
2008-10-20
2008-10-22
2008-10-23
2008-10-24
2008-10-26
2008-10-27
2008-10-28
2008-10-29
2008-10-30
2008-10-31
2008-11-01
2008-11-03
2008-11-04
2008-11-05
2008-11-06
2008-11-07
2008-11-09
2008-11-12
2008-11-13
2008-11-14
2008-11-15
2008-11-16
2008-11-20
2008-11-21
2008-11-23
2008-11-24
2008-11-25
2008-11-26
2008-11-27
2008-11-28
2008-11-29
2008-11-30
2008-12-01
2008-12-02
2008-12-04
2008-12-05
2008-12-06
2008-12-07
2008-12-08
2008-12-10
2008-12-11
2008-12-12
2008-12-13
2008-12-14
2008-12-15
2008-12-16
2008-12-18


So I don't see any activity during year of 2006 and Only One in 2007 but start more activity around September 2008.

How do I know that GNI actually had been online since 2006?

Anyone can answer the question?

[mister g]

Domain History toward to GNI

We have 61 historical whois records for Goldnuggetinvest.com.
Here is a complete list of dates that we have whois records for.

2007-11-19

2008-04-13
2008-05-05
2008-09-14
2008-09-18
2008-10-06
2008-10-09
2008-10-10
2008-10-11
2008-10-13
2008-10-15
2008-10-16
2008-10-17
2008-10-19
2008-10-20
2008-10-22
2008-10-23
2008-10-24
2008-10-26
2008-10-27
2008-10-28
2008-10-29
2008-10-30
2008-10-31
2008-11-01
2008-11-03
2008-11-04
2008-11-05
2008-11-06
2008-11-07
2008-11-09
2008-11-12
2008-11-13
2008-11-14
2008-11-15
2008-11-16
2008-11-20
2008-11-21
2008-11-23
2008-11-24
2008-11-25
2008-11-26
2008-11-27
2008-11-28
2008-11-29
2008-11-30
2008-12-01
2008-12-02
2008-12-04
2008-12-05
2008-12-06
2008-12-07
2008-12-08
2008-12-10
2008-12-11
2008-12-12
2008-12-13
2008-12-14
2008-12-15
2008-12-16
2008-12-18


So I don't see any activity during year of 2006 and Only One in 2007 but start more activity around September 2008.

How do I know that GNI actually had been online since 2006?

Anyone can answer the question?

Go to this link for the interview with the admin which will answer your question. He explains that he started his company in 2006 but did not register the domain site until October 2006. http://money-news-online.com/blog/2008/10/...ldnuggetinvest/

[setty123]

I keep reading how GNI has been around for 2 years, but I cannot find any proof of their existence before August 2008. Anyone care to comment?

TheTonik, I would like to know that too.

setty123, how long have you been member of GNI?

I'm a GNI member since 20th Nov 08. I vaguely recall reading one of the posts that said GNI operated offline and was private for some time before they re-opened the doors for new investors.I'll post once I get more detals on this. Admin is active only in two forums - MCF and AIP. I already see a link posted by Mister G that gives the information on why there is no proof of GNI existence before AUG2006...

>>>
What is the history behind the formation of GoldNuggetInvest? What was the original concept of the website? When did it start and how have it transformed by now?

I have started arbitrage trading (or betting) in 2001, just after I heard about this money making opportunity, at the beginning with very limited funds of my own and accounts with very few bookmakers. Jurgen an old friend of mine started in 2003 - as well with his own money. At this time it was more or less a hobby for us. We each conducted accounts with a dozen or so bookmakers and since funds were limited we were more busy with moving money from one bookmaker account to another in order to place our sure bets. And this is one of the biggest challenges of sports arbitrage betting. You must know that after you find an arbitrage situation you have to be quick to place your bets with the bookies involved, before the odds change at the other part of the arb, the second or even third bookie, means you don’t have time to move money around. The solution to this challenge is to have funded accounts with as much bookmakers as possible. To make a long story short, we started in 2004 to pool our money together and in 2006 we started to collect money for our betting pool from friends, pals etc. Soon friends started to invite other friends and that was the beginning of GoldNuggetInvest or GNI. Since members been living in different countries there was also a need for a worldwide available and affordable payment processor, which we found at this time in e-gold. Because of the reason that our members deposited with gold, the name GoldNuggetInvest was born. We registered our domain in October two years ago, put up a simple homepage and communicated with our members by email only, there was no script at this time, so members informed us about their deposits and withdrawal requests by email and we were busy keeping our Excel charts up-to-date. At this time we offered only a weekly plan with a profit of 4% and new members by invitation only. However with the ever increasing number of online bookmakers, there are currently around 80 online, and hence more and more arbitrage situations that occur daily, we saw a chance to expand our business to the next level by attracting funds from new members. Furthermore we have developed streamlined processes over the time that enable us to act upon opportunities immediately and as more capital is available the higher number of opportunities we will be able to place bets on simultaneously. More capital also allows us to invest in profitable arbs on events, which are months ahead of time. So we decided to open our doors to online investors without invitation and since we did so on May 1st, 2008 our member base had raised from about 180 to currently close to 700 members.

[marg]

so if i understand rite, you get 6% a week but it does not compound like Guardian, you have to use the weekly earnings in other plans, correct?

[MikeCO]

Marg,

It doesn't automatically compound... you can however... go into your account and compound manually.

MikeCO

so if i understand rite, you get 6% a week but it does not compound like Guardian, you have to use the weekly earnings in other plans, correct?

[pj]

so if i understand rite, you get 6% a week but it does not compound like Guardian, you have to use the weekly earnings in other plans, correct?

I read in an update that they are looking into getting a compound
feature in early 2009

Have a Nice Evening

[nugold]

Site is not showing up today.
Any news?

[nugold]

Site is not showing up today.
Any news?

It's back online.

[MyWish]

I read in an update that they are looking into getting a compound
feature in early 2009
Have a Nice Evening

This will be great if compounding becomes automatic.

Anyway, I received my first cashout from them today, thank you admin.