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Old June 28th, 2008, 11:58 PM   #153 (permalink)
marsh56
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Charles, be as defensive as you like but it's easy to take the stand you are taking AFTER the fact. There were a number of very vocal members in the past who took thousands upon thousands of dollars OUT of the DX system, money which we now understand presumably belonged to all of us. All the while, GDT just looked on and allowed it to happen. Later they blamed US for "abusing the system". Doesn't that give you pause?

It was stated time and time again by some that DX could not possibly be a Ponzi because the funds were only handled by merchants. It was further put forth that DX had pretty much an unlimited supply of funds behind it, so not to worry about the amount of time it was taking for DX to launch.

Whereas I appreciate all of those who spent time, energy and money to go to Vanuatu, what good did it really do? Was any of the information that was gathered backed by any independent sources? If GDT was so wealthy, where is all of the money now?

Common in Ponzi schemes is to blame the victims. Truth be told, if GDT turns out to be a scam, then we are all equally guilty for taking part in it. While some gained in a huge way, many perhaps lost all they had. GDT would be guilty of fraud but we would all be guilty of churning each other's funds until they ran out. That's how all Ponzis work.

Only GDT knows how much went into the coffers over time and how much went into the hands of those who made a "profit". In the meantime, financial lives have also been ruined. If it turns out to be a scam, GDT was certainly not your regular run-of-the-mill scam but if it walks like a duck......

You say you did your due diligence and I believe you. What does that DD tell you now?

No one should EVER financially rely totally on any Internet program where returns are just numbers on a screen. However, we were all led to believe that GDT was indeed a legitimate business. Has that ever been proven? If so, then why has it been AWOL for months now? There are just too many unanswered questions for GDT to be considered legitimate at this point. Occam's Razor strikes again.

Why don't we just accept the fact that DX is most likely gone and get on with the rest of our lives? That way, if it does return (highly unlikely), then we can all get back to work. In the meantime, we should all let Merv know that what goes around comes around and that he and GDT are on notice. If he would just "fess up", we might be angry with the result but at least there would be closure.

Mark
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