The wonderful return of GFT by Tony CliftonON HOLD: We want to warn you about withdrawal problems - the withdrawals are pending more than a week! DO NOT INVEST BEFORE THE PROBLEM IS FIXED Folks, i rare get so excited. Global FInancial Trust was one of my favourite programs for the last 6-12 months. It was always here and paying untill the other were running out with our money. 2 weeks ago when i saw the site offline i was really believing this is small problem with the hosting or DDOS and that they would beback soon. But the days were passing and these guys were not coming back. After 4-5 days all of us believed that unfortunately GFT scammed us. But we were wrong! GFT is back now and paying and everything is running smoothly. For these of you who don't know the program, well, i'll describe in short: 1-2% daily payments, compounding option, principal withdrawal allowed, you can withdraw your compounded interest at any time. Being online for about an year! A small problem was noticed by the member after the program returning: " Principal withdraw is not available until 1st Aug 2005." Honestly i don't care too much about this, but i think i have an explanation why it is so: After the outage many people might be scaried that the program will run away and may want to withdraw their principals. If many people do this at one time, this may hurt even a real investment program - the traders will need to close positions fast and this can cause losses. So i guess (this is of course only speculation) that GFT decided to disallow principal withdawal for 2 weeks untill everyoen calm down and see the program is back and paying. Then noone will hurry to withdrawal. I am very happy GFT came back and i really hope they will be here for more years. It is still good to invest in this program - one of the very few which really seem to be investment, not a ponzi. Published at Jul, 22 '05 ; read 677 times; If you liked this article subscribe to the Free HYWD Newsletter
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