In Focus: Yen4Gold - the next MPDW?

by Tony Clifton [Your Program Focused]

Here is a 2-3 months old program. It pays variable weekly with target 4%+ each week. The profits in certain weeks has been up to 15%. This is Yen4Gold.

Program Details
As said above, participating in Yen4Gold you can expect arround 4% weekly, but it can vary a lot. The minimum investment is $50, compounding from 1% to 100% is available and the paymens are made to your e-gold accounts. There is 4% referal commission. So far so good.

The admin is a very friendly guy, professionally threating its member and kindly answering questions in the public forums. His name is John and he is regulary posting at HYIPD and MMG forums. A good sense of humor and excellent english - all the things which speak about professional in the HYIP business...

The Trading and the Proofs
The admin, John, regulary posts screenshots of the trading performance of Yen4Gold. Apparently they trade on NorthFinance brokerage. The screenshots are either real or very professionally edited thru image manipulating program. If we consider them real, the trading can be called aggressive (very aggressive), but very successful. To be noted, that we cannot know for sure if the screenshots are real. There is no prior notice of what trade will be done, neither has been any third party allowed to look at the live trading. John was asked for that several times, but he refused promissing that this can happen in the near future (this Autumn). The reason he stated was that he want to frist legally set the pool and start offering managed accounts.

The Website
The website looks overally nice, not that this is very important if the program can be considered real. Some of the texts seem to be taken from The Bank of New York site which John confessed with his typical sense of humor. The website is hosted at RegisterFly and the who-is information is protected. Nothing negative or positive can be concluded from Yen4Gold's website

My Views
Yen4Gold reminds me quite a lot of MPDW. The returns are massive although many investors call them realistic. There seems to be some trading, but the screenshots aren't a definitive proof and they refuse to allow anyone to look at the live trading. The admin is friendly and tries to build relationships on the forums. Gathering all of this my feelings are not very good. True, the screenshots are something, but this won't be the first time when a HYIP scams after convincing people by showing shots.

Just like any program which suddenly appears on all HYIP forums, I would approach Yen4Gold as a ponzi or at least as a particular pyramid scheme. Probably some trading is being done, but it is hard to say how much it is related to the program results. Even if we consider everything as real, we should have in mind their high leverage trading and the lack of stop losses.

How much could it survive? I believe at least another 3 monhs, probably 6. With good management and feedback, which seem to be in place, it could live an year. If it is real, it will hardly maintnain there high returns constantly though.

If you like to risk, it should be a good pick. I am considering a small spend myself, but it won't exceed some "play" money as I can't rate the program as high as Fx-Experts or even KaOnline.

Published at Jul, 03 '06 ; read 796 times;

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User comments:

jean at Jul, 05 '06 02:32
Thanks Tony for a good summary. I am a bit like you on this one. The only positive is that the admin is responsive and friendly! There is one thing that has bothered me as well is the connection with Harry Potter and the possible involvement in a dodgy HYIP in the past. IF you read the Harry Potter thread on HYIPDiscussion (Only 4 pages) you'll see it's a bit freaky... http://www.hyipdiscussion.com/specific-hyip-progra... Jean
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at Jul, 05 '06 02:52
Thanks Jean, I read that thread, it's useful. There is also a enormously long and hard to read thread about it (harry potter known also as Dagan) on forum-navigator.com I really can't be too positive when there is no willing the trading to be audited. Seems some is done, but we can't be 100% sure in that
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Y4G at Jul, 05 '06 11:42
Tony, thank you for your review. I really enjoyed reading it, and I must admit I am pleasantly surprised to have caught hywd.info attention so fast. 4% average R.O.I. each week is by definition very aggressive, but as long as we are on top of everything, work with professionals and trade following a strict set of rules, we will manage to make profit consistently and limit any losses to amounts we can easily recover in a very short time frame. That's right, we cannot produce guaranteed weekly profits :p I do my best to keep everybody well informed with every bit of news we have here at Yen4Gold, since it's also your money we are trading with along side with ours. I am not trying to build friendships, I just answer as many questions as I can, and I try to explain what we do and what my plans are. If you approach Yen4Gold as a ponzi you can see it has the potential of making you profits for at least 6-12 months. Yen4Gold's true potential, as a real investment is huge, and my plan is to reach a verified status comparable with Fx-Experts and NSFG in the future. Cheers, John, Yen4gold.com
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Y4G at Jul, 05 '06 11:52
I have explained everything quite clearly in that thread, there is no actual connection between Yen4Gold and Harry Potter Film. I don't see why you still consider it freaky, did you read all my posts? :-) Cheers, John, Yen4gold.com
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at Jul, 05 '06 12:28
Thank you, John. I really like when I receive good answers. I believe you understand the main reason to approach Y4G with caution is that we still are missing 100% proof of what you are doing. But as soon as you are willing to get verified by someone, I would be more than happy to have the program approved on HYWD as well. It still can appear there in the "Risky" section even now, but I just need to think a bit more on that and decide if this is a wise solution or not :)
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lkthomas at Jul, 09 '06 00:32
hmmm, as far as I know, it is not hard to pay 50bucks just for a screenshot from North finance which is taken by third party, I will pass on this one until we got more information on it.
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Y4G at Jul, 11 '06 06:50
Screenshots are taken by me at the end of the week. If I would buy the screenshots from a trader, this trader is so good that I would hire him, understand my point? But since he's already working for me, I am not buying screenshots, I am buying his trading skill. Cheers, John
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