Today I would like to publish another interview. This time with the admin of a very unique program called SilverInvest. What makes it unique? First, the program invests members’ money in silver and is ready to provide you with all the necessary info about this on request after you become a verified member. Second, SilverInvest among other payment processors accepts also credit cards which makes it kind of unique investment opportunity for everybody, including those who don’t familiar with e-currencies or simply don’t trust them. Third, SilverInvest program offers the phone support for verified members and the admin Louise has his personal UK number for answering your questions. Anyway, you can always read more in my review of SilverInvest published here. Today let’s hear straight from the admin what kind of investment opportunity SilverInvest offers to its members.
“1. Hi, admin. Please introduce yourself to my readers and tell us what the purpose of opening SilverInvest project is.
Thank you for the opportunity to present myself and my business. My name is Louise Ryan Batiste, I trade and invest in silver, and I administer SilverInvest. My partner and I grew up together and we have been in the silver business ever since. The idea of an investment program originated from our frustration with repeatedly missing out on deeper discounts as our volumes were simply too small. We have been able to turn that around with this program, and we can now comfortably offer returns between 4% and 7% on a weekly basis.
2. From your site I have found out that you invest in silver. Can you give us a more detailed description of what you’re doing with the money invested in your program?
As you probably know by now, we buy our silver directly from mining companies with whom we have negotiated special agreements which means we are able to purchase below wholesale price. The larger our volumes, the more discounts we enjoy. This has been the main driving factor behind our investment program: investors provide the necessary funds to increase volume and we pass our savings on to them. We are obviously very proud to offer this program as it clearly presents a win-win situation for both parties.
We handcraft the silver we purchase into contemporary jewelry, which is then shipped to stores around the globe who in turn promote and sell it for us. Our necklace and ring designs in particular have been very popular with typical younger to middle-aged female customers. Using this fairly straightforward business model, we are able to maximize our profits and thus guarantee high returns for our investors.
3. Can you tell us more about your investment plans? What is the difference between weekly and monthly plans?
Our investors earn between 4% and 7% per week, depending on market trends and sales volumes. Our monthly plan delivers a fixed 22% per month, as this longer term makes it easier for us to smoothen out somewhat sharper weekly fluctuations.
4. Do the investment plans have expiration term? Is compounding allowed in SilverInvest? When can one request the principal back?
We do not allow compounding and never will, since I am a strong opponent of such practices. I believe that it is very difficult to accurately forecast and invest funds as investors may choose to turn compounding on or off at any given time. Programs that offer compounding are at serious risk of miscalculating investment income versus expenses and earnings, and may not be sustainable in the end. Call me old-fashioned, but I am pleased to continually pay our members on a weekly or monthly basis. If so desired, investors can request a refund of their principal at any given time after 180 days of trading. (Please allow up to 7 days to process larger amounts).
5. What e-currencies does SilverInvest accept? Do you have plans of adding more payment options in the near future? Why don’t you accept Bank wires?
We currently accept LibertyReserve, AlterGold, PerfectMoney, c-Gold, V-Money, and Visa or MasterCard (credit card payments require member verification). Bank wires will be available once our offshore company in Panama is fully established and all accounts are active.
6. I discovered that you accept Credit cards as well. Please tell us more about this unique funding option which one rarely sees in any HYIP?
We are a genuine business so why would we not transfer the same payment methods to our investment program and accept credit cards? We verify every applicant before allowing credit card payments and if a payment is made, we lock it in for 90 days. We have to do this to protect ourselves against fraud, as it would be fairly easy for investors to make a claim with the credit card company. Our members seem to find this option very appealing and beneficial.
7. Is SilverInvest a registered company? How can one be sure that you’re really involved in silver trading and not just another ponzi-game?
Establishment of our offshore company in Panama is near completion by now. We made this decision for obvious tax and legal reasons as we are based in the UK. Our LLC could not survive if it were linked to a HYIP. This investment program enables us to greatly expand our business while generously rewarding our investors. Clearly, the last thing we want to do is risk our investors’ hard earned money.
8. Can you provide us with any proof of your investment activities and that you really invest members’ money in silver markets?
We normally send our verified members proper investment reports by email, and we are in the process of presenting similar reports on our site as well.
9. What points of contact do you offer to your clients? How can a member become verified to get access to your Skype and phone number? Can we discuss the details of investing with you in private before depositing?
Yes, all verified members will have access to our private telephone number in London, as well as our private Skype account (the same contact details you already have, Paul). We would love to hear from every single one of our members but we have to protect our program first and foremost, as we are based in the UK.
10. What script do you use for SilverInvest site? Who developed it? Is is safe and secure enough to handle member’s money?
I am proud to announce that our script ranks among the very best available on the market today. The script was developed by Mike and sold to the general public. It has since been modified and is in its current state superior to most other scripts. We even have IP address verification which makes it impossible for hackers to log in.
11. What hosting provider does SilverInvest use? Do you have anti-DDoS protection implemented on your site?
We hired HostMonster to host our site, which is the same provider my partner uses for his personal site. It is dedicated and comes with ssl and a basic level of ddos protection. In case of a major attack, we are set-up to immediately contact BlockDos and install their protection to shield our server. With this combined level of protection, we will never have to change our hosting or face long downtimes. As added measure, we perform backups every 6 hours, to ensure that our script, host, and site are absolutely safe.
12. What will happen in case you experience some difficulties in the silver market? Are the profits you are offering guaranteed?
Well, that is the beauty of an investment program backed by a business. Since we have an actual product and don’t trade on direct markets, we are not nearly as affected by downward trends. Our fine jewelry will continue to sell well regardless of downturns. As most people are aware, if you know your product, you can make money under any market condition, bull or bear. Nevertheless, and I can tell you this from reliable sources, silver will rapidly gain steam in the foreseeable future, if not in the next few weeks.
13. What is your advertising strategy to make your site known to your potential investors? Do you rely mostly on word of mouth rather then aggressively advertise your program on forums and monitors?
I am not interested in advertising our site to the masses. We are by invitation only and want to offer this investment program to serious investors. I believe that your site has the quality standards and audience I am looking for, and our members certainly appreciate knowing that they receive the best service. Word of mouth among equally minded people goes a long way.
14. What are your plans for the future? Is SilverInvest intended to be online for years to come?
We are confident that silver is the way of the future. We know the silver market, we have a great selection of silver products, and we love our work. These are the main ingredients for a successful and lasting business. Our investment opportunity is by invitation only, which means that we are relatively small and that our investors are usually in for the long run. We don’t take chances with our future, and that is precisely what differentiates SilverInvest from other programs.
15. What would you like to say to your potential investors to make them think about participating in SilverInvest project?
I would advise potential investors to do their homework and convince themselves that silver presents a valuable investment opportunity for the near future. Silver is at record lows now partially due to the global market meltdown, but it will soon gain strongly for several reasons. Widespread use of silver in various industries has raised demand while resources are becoming increasingly limited. Once investors realize this, demand will go up even more. I believe that the time is right to invest in silver.
16. What is your honest opinion about my blog? Can you describe its main advantages to an average investor?
As you know, I selected your blog as my single choice to reach out to investors. I can tell you as a frequent reader that your blog is honest and that it provides valuable insider information for your members. You are clearly a professional who aims to tell his readers where to invest, as opposed to others who simply go by highest referral commission. Your blog is well maintained, up to date, and widely known and trusted. I couldn’t think of a better fit for our relatively small investor group than your blog.”
As you can see from his answers Louise is a very intelligent admin who is always ready to help investors to make a proper decision and advise the best way of investing with SilverInvest. I sincerely wish his program long-lasting success and hope that SilverInvest will be another addition to my list of long-term programs that has been paying for years. I’ll see you with some important news and updates from the industry on my blog tomorrow! Stay tuned and don’t miss it!
Filed under Interviews by on Oct 19th, 2008. 4 Comments.
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