In this wonderful weekend we are going to review a nice looking program, and that is – Midas Gold Fund.
The website has some awesome goldish, warm looks, which make you feel like you are in a middle of a cornfield.
Midas Gold Fund opened to investors on January 24th and has been making daily payments everyday since. Since we’re all here to learn more about the program and not make small-talk, lets move right ahead and take a look at the major features of the program:
- Deposits are accepted in Liberty Reserve (LR), Perfect Money (PM) and Alert Pay (AP).
- Principal is returned at the end of investment.
- Payments are made 7 days a week and withdraws are processed within 24 hours.
- No withdraw minimum is listed but remember Alert Pay’s minimum is $1.00.
- Minimum amount you can invest is $10.00.
Now that we know the basic information about the program, lets take a look at the investment plans offered by https://midasgoldfund.com/. First, it’s important to note that all plans last for 30 days and there is no option to withdraw your principal early. So, be sure before investing you’re willing to lock in your money for 30 days.
Midas Gold Fund has six (6) different investment options depending on the amount you invest.
The first plan offers 1.7% daily for 30 days. There’s a minimum deposit of $10 with a maximum of $1000, so from experience, I believe most investors will be interested in this plan. If you were to invest $100 in this plan you should receive $1.70 daily for 30 days for a total of $51. After return of your principal you should have $151 and have a profit of $51, not too bad for a one (1) month investment.
For those willing to take higher risk, the second plan offers 1.9% daily for 30 days. As all the investment options are essentially the same, you’ll find with a $1000 investment you receive $19 daily for 30 days for a total of $570. So, after 30 days when you get your principal back you should have a total of $1,570. The remaining plans require too high of investment amounts for me. But, that is just for me. Of course, there are high players who only go for those amounts.
My review process starts with an in-depth examination of the program’s website, to determine if a number of red-flags show up. First, I check out the site itself to determine if the text used is original or ripped-off of other company websites. The text on Midas Gold Fund is original for the most part, if not a bit generic. The program uses a licensed GoldCoders script, so some of the texts are provided with the script.
The next thing I do is check the site’s security. The first thing I do is a Whois search and an IP search. The Whois search unfortunately didn’t give me any useful information as the site has privacy protection, but the IP search gave me the following:
So, we know from the above information that Midas Gold Fund is hosted with DDoS protection on a Dragonara dedicated server. In addition, we can find on the site that SSL encryption is available through Comodo.
I took a look at Midas Gold Fund’s Alexa traffic analysis, and I can see an awesome increase, the site being at Alexa 75 000, which is a very, very good rating. The program had a spike at its beginning but now things are going great. At the current stage of the program, it’s really impossible to forecast what will happen next, but I have a feeling that this goldish program is going the right way. Time is the only thing we can rely on to tell us they program’s length and whether it will be profitable for investors.
I have received my first few withdraws from the program and everything seems to be going without any concern at this time. The program has announced a contest, a “payment proof contest” where $100 will be awarded to a winner who posts payment proofs, more details can be found: HERE. The contest ended on 13th February and I am real happy for the winners.
Anyway, I hope you all learned a bit more about Midas Gold Fund, as always if you have any questions feel free to contact me and I’ll do my best to answer. Until next time, thank you for walking with me through the world of HYIP investing!
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