Thursday 20 September 2018

Menzgold: Ponzi or Not? Thoughts from the Kuku Hills

Today I  was first to come to work, I have nothing to do and I am just standing in the window looking down the Kuku Hill street from the 5th floor of Revenue Towers. Something crossed my mind so what's the meaning of all these hustle? Wakeup early around 4am leave home  and reach the work place around 6am start work around  8am, close around 5pm reach home around 8pm and the loop continues tomorrow.

How will you feel when you're able to raise some amount of money and you invest the after few years an organisation you know nothing about called SEC comes to say the company you're investing in should shutdown with immediate effect?  The company you're investing in too doesn't seem to be able to explain what's going?  After thinking about the whole issue I went on twitter  (my favourite social media now) and I chanced on a post about menzgold being a joker trick lol.

So I learnt about joker trick ie. The utalium trick in a movie and those who don't understand here is it.

Gold is a chemical element with the atomic number 79 and its Latin equivalent is simply Aurum. The abbreviation AU means Aurum, and nothing else.

There is no such word in Latin, and there never was a Latin word for "Utalium". Please verify it in any Latin dictionary online. Because the terminology "Aurum Utalium" does not and cannot represent the true gold, the word was used in courts in some countries, to defend the criminal, as criminal never offered "Aurum" but "Aurum Utalium" which is the name of the fake and fraudulent yellow, shiny metal, that contained no gold inside.

It was brass and alloy of several metals that none of them was a precious metal.

The words "Aurum Utalium" or sometimes also incorrectly transmitted as "Aurum Utallum" and similar versions, have been used in numerous offers that are sent to us with the purpose to buy such fake and fraudulent gold.

Where did this fake word "utalium" come from? It is something that was made up by the broker community, and it does not exist. It does not exist in any dictionary and it does not exist anywhere on Earth, in nature or otherwise.

So our Menzgold brothers and sisters, do you see something familiar in your contract here?
Utalium is nowhere in any documentation nor in any dictionary. However, you will find this nonexistent word all over the internet as if it were something that does exist, when in fact it does not.

Utalium is supposed to be "New Latin" or "neo-Latin," which is supposed to mean "useful element."

I don't know, you don't know, Nam1 knows.

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