I'm not admin!
On October 5, 2009, she forgot to activate the existing gold sales position. The price of that position was $1,006. “The 5th of October was Monday, the beginning of a new week. The crisis was in full swing and it seemed to us that gold could not surpass $1,000 per ounce and would collapse. So we took a firm decision - to sell,” recalls Amanda. At that moment the overall cost of the position was $1,430,000. The leverage of 1:100 turned things even worse. Just at the end of the day Amanda noticed that the position hadn’t been activated and we still had gold assets available. Panic was replaced by storm of applause, as toward that evening gold had surged by near-record $35. In a moment we realized that a happy mistake had brought us a net profit of $4 million.
Actually, Tetra Metals Company was founded a year earlier. But our business grew quite slowly as we had about 15 regular customers and no increase in outside investments. We treated ourselves more like private traders rather than a solid company. Amanda had previously worked as a manager for the Clearing House of Chicago Mercantile Exchange. And I was a precious-metals trader in a closed division of Merrill Lynch. All that we had when we started up was those 15 customers lured by me from my previous job.
We were constantly pressed for money and we dreamed about the development of our business. That’s the reason why we consider October, 5, 2009 as a company birthday. The money earned enabled us to register an offshore company and recruit traders and analysts as well as improve our trading equipment and expand our customer base.
Nevertheless, the end of 2009 and early 2010 did not give us desired results. We wanted more and more investors, we felt strong enough to provide asset management services and tried to find a way through which we can get new customers.
The solution was found on the web. Boston consulting group gave us a cue to launch online investment business project. We did some business plan math and created our site in the end of september 2010 as we saw obvious prospects. We invested all our skills and experience in Tetrametals.com. We realized that we needed to provide people with an opportunity to quickly and easily invest money in metals, as there were many of those who wanted to invest their funds.
Plan:
1.5%-2.4% daily
We accept via:
LP,PM
https://www.tetrametals.comhttps://www.tetrametals.com/9796689
