In Focus: S.G.F.H. Investments

by Tony Clifton

This new and fresh program that immediately attracted huge interest among the high yield community. Probably the most important reason for that is their relation with the Udachu group. If you are not familiar with Udachu, I'll say in very short that it is quite successful company at the moment having two private (closed for new members) investment opportunities. One thing that should not be missed though is that there have never been trading proof provided on them. But Silver Gate Forex Hedging (In Focus: S.G.F.H.) looks somewhat more promissing. We'll see why below.

First, let me mention that you can access the site here and you will have to mail us for invitation code.

The details
S.G.F.H. is supposingly based on hedged volume trading in forex, also known as "hedge scalping".
The minimum investment at this time is $100, but it is going to be raised to $250 the next month, to $1,000 the things and to 5 thousands dollars after that.
They accept e-gold, d-Carat or BlueBanking cards (both d-carat and Bluebanking are related to the Udachu group as well).
The trading history for about 3 months is available for download in the member's area. It has been verified to be real and to average quite massive profit of 6.65% per week.
As said abovbe, S.G.F.H. is related to Udachu, but it is not part of the company and not related to the other 2 investment programs (Udachu Fund and Udachu Invest). Accordingly to the FAQ it is formed by 35 seasoned Udachu investors, selected by their CEO.

The Due Diligence
Unfortunately there is none at this time. This is not a surprise considering Udachu guys have always been too private and never released much DD on the other programs as well - except phone numbers and office addresses. But this program looks more positively - Rod Spiller, The Udachu CEO, explained that they are willing to allow third party audit S.G.F.G. If such can be performed, that would definitely make the things shining.

A fast look over the member's area in the website shows it uses the same script as udachu-invest, probably upgraded to handle the differences in the new program. That script I think is custom and created specially for udachu-invest, so I conclude it has been given to the new group or the same programmer worked on the new site. Not that it is very important, but it confirms the close relation.

The who-is info is protected and from it we can understand only that this site is also hosted in Romania, just like udachu-invest one (company: terra-bit.com - there you'll find also udachu.com and bluebanking.com). For what is worth, you won't find any scams hosted there, the server hosts mostly romanian sites and sites in progress.

Conclusion
It's hardly to have any definitive conclusion given the info we currently have. It is probably a good idea to wait for a third party audit, but I am affraid it may take time and the investment will be raised until this is done. For me $100 is well worth the risk here, as the ROI seems too impressive to be missed. As usual you have to make your own judgement and it mostly depends on if you feel comfortable with Udachu group or not. But even if you choose to threat their offerings like ponzies (still I have not seen proof for that or for the opposite), they tend to last quite long time.

I tend to like the direction S.G.F.H. is taking - the trading history is at least something and it is also good to see it will work with e-gold unlike udachu-invest (where you can withdraw only thru bulebanking card). For sure it is nice to see a new major player, as the Summer is not offering too many long term opportunities.

Published at Aug, 12 '06 ; read 1976 times;

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User comments:

clifton at Aug, 31 '06 05:08
The deadline for the deposits for the next month is September 5th. After that they are rising the minimum to $250 so it is a wise idea to invest before that
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clifton at Sep, 29 '06 11:44
The deadline for the deposits for the next month is October 5th. After that they are rising the minimum to $1,000
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