Egold Motions for an Evidentiary Hearing

Egold filed a motion for an evidentiary hearing. Read the motion here. For those that aren’t sure what an evidentiary hearing is, you can read the wikipedia definition here. In addition, they asked the Court to vacate (remove) the seizure warrant and modify the post-indictment restraining order. I know that people don’t like to read legal documents, but this one is good. In the introduction they call the government’s actions draconian!

Life Holdings is up 1.80% this week

Life Holdings is up 1.80% this week as Dan explains on LH forum,

Hello,

I am not in the mood to write a long update explaining everything that happened this week. I was asked to drop by at my bank’s branch to explain and verify some details regarding two wire transfers I ordered (purchase of E-bullion for payments). After cutting down on all the small details: with E-gold fears (or the way the bank manager put it: “ongoing troubles in the e-currency business”) more and more exchangers are putting their services on-hold until a clear image of what is going to happen next will be available. That makes it a ton harder for me to keep up with my well known always on time weekly payments. I have been struggling to keep up and I have to tell you that from now on, if it is not possible, don’t get your freak on if payments will be made with small delays.

If dead on time payments are not possible because of external issues, I will not continue to struggle like a mad man until I crack or I get into problems with my bank like I did this week.

I will always update during the week if something comes up and changes the standard Friday-Saturday weekly payment schedule.

I didn’t have any time to trade FOREX this week but the profit I made in the two days I managed to play at Betfair is still acceptable.
I couldn’t buy enough gold this week so I had to withdraw funds our FOREX accounts to make all payments this week.

1.80% net profit for investors this week!
e-Bullion profit payments have been executed; check your e-currency account to verify yours!
E-gold profit payments - almost done!
Mail server is down - when it comes back up the updates will be sent.

Regards,
Dan

"

News from Infinity-Shares Private Forex Club

Here is an update from the Infinity Shares admins. If you're a member, read it! If you're not a member and would like to become one, then e-mail me at allinvain6 at gmail.com and I'll tell you exactly what you need to do. Note: Minimum investment is $100


"

Good Day to the Members,

First off, we'll start with updating everyone with an online meeting held by the club founders and the some of the major holders in the club.  A while ago, we had a poll on our forum concerning the frequency of handing out results. Back then, we already noticed that members would prefer a longer period. Now that we have changed our trading focus from news to tech trading (for the known reasons), we think its time to adjust it. To start, with news trading, we only kept positions open for a couple of hours at most, but with scalp and swing trading, positions stay open longer, which causes a problem to give weekly reports. Besides that, when a weekly result is negative, we lower the share, but in case of a profitable week, so the share price keeps dropping in the long run.
Besides this, the pressure on the traders will be lowered cause they will not have a few days to turn a negative trade in a positive.
We decided that it would be best to announce the results once all the positions are netted before the end of each month.  However, we will be updating the blog once every day or two on the actual positions of the trades we are in, so members can check in on how the club is doing on a periodic basis.

Trading during the past week was fairly noneventful.  While using the new trading methods we have worked on for a while, we still couldnt help but cut our positions short and take profit early, but that's being overly safe for you.  We had a nice profit at the middle of the week, which was offset by a bad call, plus a few smaller trades that helped us end the week out with a small net profit.


Regards,"

ISFIC Club

New PTR program added to the "testing" pile

I just joined a new PTR program called InboxDollars. I should have it tested very soon and I'll report back to you guys if the programs pays or not. I suggest you wait until I confirm the program, but if you're not that patient then just click HERE to give the program a try.

Today I made my fist gold bullion purchase from BullionVault

I just made my first gold bullion purchase from BullionVault :) If you're interested in preserving your wealth (like I am), then click HERE to visit BullionVault's site.

Nothing much else to report today. Until next time, cheers!

FXDD Auto: update on my trades

Woohoo! :) One of the signal providers I setup on my FXDD Auto account just netted me +120 pips with the length of the trade being roughly 1 day.

If you're a FXDD Auto member check out the following signal provider (I am not endorsing them, and I do not get paid to mention them!): EspritFX

This signal provider is responsible for the above win (using the GBP/USD pair). I'll keep you all updated on my trades. Currently EspritFX GBP/USD opened another trade and so far I am in profit 10 pips.

The trade was opened at 1.9776 with a sl of 1.9650 an a tp of 2.0. As you can see the gentlemen (or gentlewomen?) behind EspritFX think the cable (forex slang for the British pound) will go all the way up to 2.0 again. I am a bit skeptical about that, but I suppose that all depends on the economic data coming in from the US.

That's all for now.

Sunset for the U.S. Dollar: The fall of Icarus

Hello dear readers. Check out this very informative article that I've found. It talks about the coming collapse of the US Dollar. This and many other articles, along with long sleepless nights of research lead me to take a very bullish position on precious metals such as gold and silver.

Check out the article by visiting the link below:

Click here to read the article (opens in a new window)!

So far the best method that I've found for economically owning large amounts of gold is by using the services of a company called BullionVault. If you scroll down a bit you should find a full review of BullionVault.


Enjoy the article. That's all for today.

Part 2 of the e-gold testimony appears on youtube

Here is the second part of the e-gold testimony that appeared in youtube.

Check it out by visiting this link:

http://www.youtube.com/watch?v=bU9s97cUAAw