7K Metals Review – (2021) Legit Precious Steel MLM or Pyramid Scam?

There has been buzz about that precious metal MLM company and I decided to have a deeper look.

Chances are someone approached you about the business opportunity or their precious metal products and now you landed here to be sure it's legit.

What's promising is I'm likely to walk you through the 7K Metals products, company and compensation plan which means you cam make the best decision.

Just PAY close attention and read this to the end…

7K Metals Review (MLM Company)

7K Metals is a US Idaho based MLM company that specializes in precious metals.

The 7K Metals founders are Zach Davis, Josh Anderson, Richard Hansen, Roger Ball and Sam Cooks (CEO).

When it comes to experience in network marketing, Zach David and Josh Anderson have a lot.

Zach Davis first learned the power of referral marketing as a college student.

From his first experience in the market to his newest he has helped tens of thousands of people realize their ability to create a more significant contribution to the world.

Josh Anderson got his first taste of network marketing at age 21. He surely could build a sizable team that dedicated to other people's success. That team reached over 18,000 people in its first year.

In 2008 Josh, influenced a fresh MLM company that in 120 days grow to 9,000 people, at which time Josh end up being the CEO of the business and lead the business to over 26,000 distributors.

Back 2011, Davis and Anderson together ran a training company called Black Ink International.

Anderson cites himself as the CEO of JD Premium from 2009 to 2011.

JD Premium promoted a variety of nutrition and personal maintenance systems and the business was power down by Roger Ball in 2015.

Zach Davis served as the JD Premiums Chief Marketing Officer from 2009 to 2011.

Together with running Black Ink International with Anderson, he was also an affiliate for Paycation in 2012.

What is 7K Metals

7K Metals is a Multi-level Marketing company that provides memberships giving people use of precious metals such as for instance gold, silver and bronze.

The MLM company believes it can help members achieve financial freedom by investing their wealth in gold and silver.

Additionally they discuss how they provide the absolute most affordable precious metals in the market.

7K Metals Products

Like any legit network marketing company they much offer products or services to customers.

7K Metals most popular products are these:

  • American Gold Buffalo 1 oz. coin ($1,845)
  • Pamp 5 oz. gold bar ($8,800)
  • Royal Canadian Mint 100 oz. silver bar ($2,000)

Here are more best-sellers they are offering right now…

7K metals isn't the sole company in this came and plenty of other programs offer similar array of metals such as for instance goldsilver.com.

Not only that, you will find other MLM companies that provide similar products such as for instance scamrisk.com:

  • Fluorescent Sand
  • Real Gold
  • Karatbars International
  • Global InterGold

7K Metals Compensation Plan

7K Metals affiliates begin that can either buy precious metals or sponsor other affiliates and earn a commission.

Commissions inside 7K metals is paid by way of a binary compensation plan structure.

Position in a binary may be filled directly or indirectly by team or downline members.

7K Metals commissions are paid from the subscriptions fee's which are tracked through points:

  • purchase of a Regular affiliate ($249 a year) generates 100 points
  • purchase of a Premium affiliate ($499 a year)  generates 150 points
  • purchase of coins by recruited affiliates generates 20 points (cited as an average amount)

At the conclusion of every week 7K Metals adds up all the newest points produced on both parties of the binary team.

For each and every 500 points matched on both parties, there is a $500 commission paid.

There will be caps with regards to the following criteria:

  • Associate (recruit and maintain at the very least two MLM commission qualified affiliates, split one on each side of the binary team) – $500 weekly commission cap
  • Copper (recruit and maintain at the very least four MLM commission qualified affiliates (two should be Associate), split two on each side of the binary team) – $1000 weekly commission cap
  • Bronze (recruit and maintain at the very least six MLM commission qualified affiliates (two should be Copper), split three on each side of the binary team) – $2000 weekly commission cap
  • Silver (recruit and maintain at the very least ten MLM commission qualified affiliates (two should be Bronze), split five on each side of the binary team) – $3500 weekly commission cap
  • Gold (recruit and maintain at the very least sixteen MLM commission qualified affiliates (two should be Silver), split eight on each side of the binary team) – $7000 weekly commission cap

To be qualified to earn commissions in the binary compensation plan you should produce at the very least 20 points every 32 days.

Any remaining volume or points is carried over to another pay period.

How Much Does It Cost To Join 7K Metals?

You've two membership options you are able to choose from.

7K Basic Membership

Pay $249 annually for a 7K basic membership and get access to precious metals at wholesale cost.

7K Premium Membership

Pay $499 annually for a 7K Premium membership and gets you everything in the 7K basic plus much more.

Like, not just can you get access to precious metals at wholesale, now you can get wholesale pricing on 1 Silver Eagle Coin, 1 Medallion, 1 World Coin, 1 Silver Round Coin, and an annual Business Builder credit as inclusions.

Now unlike the rest of the 7K Metals reviews out there I'm likely to answer some tough questions that could be on your mind…

Is 7K Metals A Scam

The 7K Metals scam actually doesn't exist but that doesn't mean this provider is without flaw.

What I do like about the business is it's offering you an item that can appreciate overtime.

Also some of the products are extremely competitive but Used to do notice they are sold out way more often on their 7K Metals website.

Maybe they should stock more on that?

At the time with this review the buying price of Silver was around $17 so that's below market that is good…

It's just it's sold out…

Is 7K Metals A Pyramid Scheme

When it comes to 7K Metals compensation plan structure, I would recommend them offering more retail incentives to help keep them out of pyramid scheme territory.

This doesn't mean it is a pyramid scheme, but to help keep them safe specially with the FTC I suggest that.

I am aware they do have a 7K Metals coin of the month, but they need to do better…

Conclusion

7K Metals does most things right in regards to network marketing, however, there must be some improvements.

I think with the improvements I suggested this provider can really hit the following level in this space.

Plus your competition in this niche is extremely stiff and you should make a move dissimilar to stand out.

Just in the network marketing space there are numerous other programs that provide similar products and compensation plan.

So what makes 7K metals much better than those?

Little really…

I suppose which ever brand resonates you with the best…

I hope you enjoyed my 7K Metals review and when you have any questions, feel absolve to ask in the comments below…

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Comments

  1. Let me tell you my experience with all this brokers: Stay away! I lost $7900,000 within two months and this reflected my life and my health. I got a lot of bright promises when I was about to start trading including professional support. They assigned the biggest scammer I’ve ever seen as my personal Assistant, Antonio's, and his only duty was to make me invest more money. I deposited $70,000 initially and then they promised me a special training I deposited another $5000. They gave me a Prime account and did ‘some kind of’ training, not even a time in a day. But they pushed me to invest another $4,000 in order to receive better training. In total: 80% of all deals we made together were losing. I started trading by myself and this Antonio never called me and never show my mistakes so I requested to be changed. They agreed but only if I would invest another $11,000 which i refused. Everything seemed to be okey now and I managed to win about $8,000 with my new assistant. A few days later they called me and threatened me to hedge my positions or they close my account. Then I was ill and couldn’t watch my account. During that time they didn’t send me a single email. Finally, I was able to find out this recovering expert raymondjude0@gmail.com who help me in recovering my money from all this broker. I expose this broker as much as I can, so I can help other victims or intending victims out there, kindly contact him and he will guild you on step how to recovery all your funds within 7 working day. Do not trust them! They do unrepeatable actions. All they want is for you to invest more money and then you will lose all. Beware of Scammers!!

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