7K Metals Review 2.0: Coin of the month autoship pseudo-compliance
BehindMLM’s initial 7K Metals review was published back in 2016.
Based on 7K Metals’ compensation plan, we expressed strong concern regarding the autoship recruitment nature of the business.
For those unfamiliar with the concept, autoship recruitment in MLM is where you have affiliates signed up for autoship, which qualifies them to earn commissions.
Said commissions are then primarily paid on recruitment of affiliates, who also sign up for autoship. They then recruit affiliates who sign up for autoship and so on and so forth.
To be clear, there’s nothing wrong with autoship in and of itself. When autoship recruitment is the primary source of revenue for an MLM company however, that’s indicative of a pyramid scheme.
A few weeks ago Robert Olson began commenting on our review.
Among other things, Olson claimed;
All of the information you started out with for your expose on 7KMETALS is outdated.
Retail is definitely available. That is the main reason I looked into them more extensively.
Having not looked into 7K Metals for two years, I queued 7K Metals up for a review update.
Today we go over what’s changed at 7K Metals since our initial December 2016 review.
Spoiler Alert: Retail is still not possible within 7K Metals’ compensation plan.
The Company
7K Metals is still based out of the US state of Idaho.
On the executive side of things, the only change is the addition of Roger Ball as a co-founder.
Not sure why Ball was omitted from the original lineup of co-founders back in 2016.
7K Metals Products
7K Metals has no retailable products or services, with affiliates only able to market 7K Metals affiliate membership itself.
7K Metals does provide an online store on their website, however if a visitor wishes to buy they are redirected to the company’s affiliate membership signup page.
The 7K Metals Compensation Plan
7K Metals affiliates sign up, pay an annual fee and are paid to recruit others who do the same.
7K Metals pays commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
Commissions paid out through the binary team are tracked via points:
- recruitment of a Regular affiliate ($249 a year) generates 100 points
- recruitment of a Premium affiliate ($499 a year) generates 150 points
- purchase of coins by recruited affiliates generates 20 points (cited as a typical amount)
At the end of each week 7K Metals tallies up new points generated on both sides of the binary team.
For each 500 points matched on both sides of the binary team, a $500 commission is paid out.
Note that 7K Metals cap weekly binary commission amounts based on the following qualification criteria:
- Associate (recruit and maintain at least two MLM commission qualified affiliates, split one on each side of the binary team) – $500 weekly commission cap
- Copper (recruit and maintain at least four MLM commission qualified affiliates (two must be Associate), split two on each side of the binary team) – $1000 weekly commission cap
- Bronze (recruit and maintain at least six MLM commission qualified affiliates (two must be Copper), split three on each side of the binary team) – $2000 weekly commission cap
- Silver (recruit and maintain at least ten MLM commission qualified affiliates (two must be Bronze), split five on each side of the binary team) – $3500 weekly commission cap
- Gold (recruit and maintain at least sixteen MLM commission qualified affiliates (two must be Silver), split eight on each side of the binary team) – $7000 weekly commission cap
- Executive Gold (recruit and maintain at least twenty MLM commission qualified affiliates (two must be Bronze or higher and two must be Gold or higher) – $10,000 weekly commission cap
MLM commission qualification requires a 7K Metals affiliate to generate at least 20 points every 32 days.
Note that unmatched points are carried over the following week, provided an affiliate didn’t max out their weekly commission cap.
Joining 7K Metals
7K Metals affiliate membership is either $249 for Regular membership or $499 for Premium membership.
The primary difference between the two memberships is included coins with the Premium Membership.
An additional $10 monthly fee applies to affiliates who wish to withdraw calculated commissions.
Conclusion
7K Metals does its best to create the illusion of retail activity, without actually paying commissions on retail sales.
In a legitimate MLM company, retail customers are just that. They purchase products and have nothing to do with the compensation plan.
In 7K Metals the illusion of retail customers is used as a “fear of loss” marketing tool.
You can get started with 7K Metals by purchasing an annual membership.
The membership allows you to buy precious metals at wholesale cost and refer others to the program so you can accumulate points.
7K Metals affiliates, although they can see how many points they’ve accumulated via recruitment, can’t actually withdraw earned commissions unless they pay an additional $10 a month.
In effect, 7K Metals hides generated commissions behind a monthly paywall.
And if you don’t pay up;
Points are deducted and “cycle” EVEN IF YOU DO NOT QUALIFY for the commission.
For reference that’s not my emphasis in the quote above, that’s how 7K Metals pushes its fear of loss marketing onto its affiliates.
Basically the two membership options are a taste of what you can earn, with a token $10 monthly payment required to qualify for commissions.
7K Metals can’t argue affiliates who don’t pay $10 a month are retail customers, because they admit these members can ‘refer others to the program so you can accumulate points‘.
And note the following wording in 7K Metals compensation plan;
Once you have qualified to receive a commission, (which, by
the way, will be a minimum of $500.00), you will be asked to electronically sign the Associate Agreement.
On top of that 7K Metals affiliates who don’t pay the additional $10 monthly fee receive “exceptional training”.
Premium affiliates are also given “Business Builder credits”, which are not defined or explained anywhere on the public 7K Metals website or in their compensation plan.
Why would a 7K Metals retail customer need “exceptional training” or business builder credits?
Underneath 7K Metals’ “membership” pseudo-compliance we have the same autoship scheme we reviewed back in 2016.
Well, not quite the same.
Cycle commissions have been slashed by half to $500 and there wasn’t a $499 Premium affiliate membership option.
Other than that you’re looking at the same ruse.
The 20 points required to get paid (in addition to the $10 monthly fee) is either obtained via recruitment, affiliate autoship or an affiliate manually purchasing coins.
Of the three active qualification, 7K Metals pushes “coin of the month” autoship as the preferred guaranteed method;
Until a cycle is earned your points remain intact and will continue to accumulate, as long as you are active.
Select one of the three “Coin of the Month” options to guarantee your active status
Seeing as there’s no true retail within 7K Metals compensation plan, affiliates cannot qualify for commissions via retail sales.
This creates a closed-loop of affiliate money funding 7K Metals’ business model, which in MLM is indicative of a pyramid scheme.
As with all pyramid schemes, once affiliate recruitment slows down so too will the monthly autoship orders.
This will stop generating volume for affiliates at the bottom of the company-wide binary team.
They can’t get a refund on their annual fee but they can stop paying their monthly $10 fee (and monthly autoship or manual purchase).
This trickles up the 7K Metals affiliate genealogy, until an irreversible collapse is triggered.
If 7K Metals were serious about retail sales, they’d have an option for retail customers (not “members” attached to the compensation plan) to purchase coins, which in turn would generate commissionable sales volume for affiliates (members).
Until that happens, 100% of sales revenue generated within 7K Metals is sourced from affiliates. And for any MLM company, that’s a regulatory compliance problem.
Or in other words, not a whole lot has changed with 7K Metals’ MLM opportunity since 2016.
Silver,
I recently met associates for 7kmetals last weekend in Post Falls, Idaho. I spoke with them in depth, took their information, entered their raffle, and have done some research over the past 6 days.
After all, they called me as I won their raffle for a 1 ounce silver coin! That is one more ounce of silver in my safe (if and when I get it).
I have invested in the precious metal for over three years now. Over those three years, I have bought and sold silver with an average profit rate of around 7%.
7kmetals says they are brining precious metals (like silver) to the masses and are helping people to make money. I had never heard of them.
If you want an overview of their company, (Ozedit: attempt to take discussion offsite removed)
I don’t want to praise the company’s management, nor do I want condemn their business structure. I merely wish to compare how I have done things and how they do things.
I wanted to see if becoming a member would be worthwhile for me, my friends, my family, and my co-workers. If it is a good deal for me, it would be even better if I signed other I knew up!
It is a pyramid structure and I’d be higher up than those I signed up. Thus, I’d make even more money!
Granted, a bad deal for me would be a bad deal for others I care about. Thus, I would never sign them up if I had a better way to do things.
Here is a close look I took on February 1st, 2019 at 0935AM when silver spot price was exactly at $16.00 per ounce. *Please see current spot price to rework numbers – but percentages remain the same*
*Please note: the following list contains shipping prices added to total cost of buying silver at 10 ounces per purchase. 10 ounces was taken as a most profitable purchase due to 7kmetals charge of $5.75 for small shipments.
This price means you must buy 7.3 ounces to cover the cost of shipping by silver price. 8 ounces must be purchased (which qualifies for FREE SHIPPING by many other vendors).
The more you buy the better deal you will get. Thus, 10 Oz purchases were the most optimal for the average beginner. BOLD type shows when you save money by using the 7kmetals prices (without membership fees)*
7kmetals 1 Oz piece online ME NOW Me Helping you start Silver Oz
$165.75 $167.90 $165.90 $160 10
$331.50 $335.80 $331.80 $325.90 20
$497.25 $503.70 $497.70 $491.80 30
$663.00 $671.60 $671.60 $657.70 40
$994.50 $1,007.40 $995.40 $989.50 50
As one can see, it would appear 7kmetals would give any new investor excellent pricing! A mere 20 ounces per year would save even me money! That is without the $250 yearly membership fee.
One should also note that the savings is merely 15¢ per TEN ounces from what I currently am doing. When I started, I was in the, “Me Helping you start” category. With 7kmetals saving me 1.5¢ per ounce of silver, I would have to buy over $135,806.10 worth of silver in my first year to see the profit!
The profit is 0.9%. That is without adding in the $250 yearly membership fee.
Now the numbers look like this:
7kmetals 1 Oz piece online ME NOW Me Helping you start Silver Oz
$415.75 $167.90 $165.90 $160.00 10
$581.50 $335.80 $331.80 $325.90 20
$747.25 $503.70 $497.70 $491.80 30
$913.00 $671.60 $671.60 $657.70 40
$1,078.75 $1,007.40 $995.40 $989.50 50
As you can now see, there is no profit made after the membership is added. To break even or make money, you must understand that you are making only 15¢ per 10 ounce purchase.
You’d have to buy 1,717 ounces buying 1 Oz pieces to break even. I’d have to buy 1,727 ounces to break even.
If you were on the “Me Helping you start” plan, you’d have to buy 2,267 ounces to break even with 7kmetals. It would cost me over $27,500 per year.
As stated above, it would cost the starting out person over $135,000 in the first year.
What does that mean for the silver you could have in your safe after one year?
Here is a simple breakdown of the startup cost for 7kmetals and how much buying 10 Oz of silver would cost you. *Remember 10 Oz or silver is the optimal amount to buy to save money with 7kmetals*
7kmetals $415.75 10 Oz silver
1 Oz piece online$415.50 25 Oz silver
ME NOW $409.60 25 Oz silver
Me Helping you start $409.30 25 Oz silver
If you were just starting out, what would you do? Despite the information listed before this chart? It is pretty simple.
Now I’ll look at a specific product that I have bought and sold before; a 10 Oz Buffalo / Indian Head bar.
I had the 7kmetals’ website price on my phone while I had the current company I buy from on my computer. This is the 2/1/2019 0935AM spot price at exactly $16 per Oz of silver:
7kmetals ME NOW
$166.10 per each (10 Oz) $170.00 (per each 10 Oz)
$171.85 with shipping each $170.00 with shipping each
This shows that even a good deal doesn’t meet the 10 Oz optimal buying amount. Buying in 20 Oz increments is needed to save money.
Granted, this does not add in the $250 membership fee from 7kmetals. You’d have to buy 260 ounces to break even. That is over $4,200 at the current spot price!
Most people new to the market don’t have that kind of money to invest.
Sounds less like a raffle and more like a way to collect lead details. Did everyone who put in a ticket “win” the raffle?
This is probably where your due-diligence should have ended. If the product was retail viable there’d be no need to attach it to a pyramid scheme.
Sounds like you are very miss informed about the company. You don’t understand where their profit comes from, you don’t understand the autoship and why it is so strong.
Sounds like you don’t know how to compile correct information at all. Maybe you should go to the source and get your information so that you can report accurately.
The source of this review is 7K Metals’ compensation plan and marketing materials. What other source did you have in mind?
Sounds like you’re just making excuses for an affiliate autoship pyramid scheme.
When their “coin of the month” sells for double to triple what it would cost at a regular coin shop it’s pretty obvious where the profit comes from.
The founders are the people making all the money and the down lines are hosed.
Newer MS70 silver eagles are sold all day long for $42.00-$45.00 at most shops since they aren’t rare and never will be. $129.00 per coin through 7K is theft, and you’re paying $250-$500 a year to have your money stolen from you on the auto-ship program.
No Thanks….. (I’ve been doing coins for almost 50 years so don’t bother arguing with me on this point, I’m right and you know it if you’ve done your research.)
Dear Jack – The ‘coin of the month’ is – yes – priced more than what you can find on the internet. BUT…that is how they pay out commissions to all of their memebers.
Also with the annual membership fees. You pay a membership fee to other ‘retail’ type stores, don’t you??
This is the ONLY MLM I’ve EVER been in that: 1) I’ve made money (over and above what I’ve put into it!), 2) I am NOT going to throw away what I receive on the monthly autoship… unlike others where it gets tossed due to never using it before it expires, 3) I am NOT embarrassed to talk to anyone (friend or stranger) about this product (gold and silver) as I was with other MLM’s.
No, this is the BEST one I’ve ever been in!
Why not just ‘try’ it out for a year and after that….see if you want out. I BET YOU A SILVER ONE OUNCE AMERICAN EAGLE…YOU’LL SEE THE LIGHT!
Well that kills retail, leaving only affiliates on autoship. Which if in an MLM company is the primary source of revenue, makes it a pyramid scheme.
Perhaps, but you don’t get paid to recruit new affiliates who pay membership fees. Or get paid again when they recruit new affiliates who pay membership fees.
That’s a pyramid scheme.
Maybe after having it spelled out to you you’ll “see the light”… but I doubt it.
Quote from T. Wood (Investor & Consultant)
(Ozedit: copyspam removed)
If you want to add your own thoughts to the discussion, go ahead.
Copy paste paragraphs of irrelevant waffle that fail to address your replies? Spam.
Ilene….Seriously? You’re willing to spend $1000 MORE than full coin shop retail for 12 months of Auto ship AND pay a $250 to $500 membership fee for the privilege??????
I have some Ocean front property you might be interested in……It’s in YUMA.
You may not ever throw away the autoship coins, but you’re throwing away $80 a month when you buy them….. Perhaps at some point you will see the light.
FYI…..The SEC frowns on pyramid schemes in tangible commodities. So far 7k has stayed under the radar and they are dancing seriously close to the edge of legality.
The primary money behind the operation has done several MLM schemes over the last couple of decades, once he’s made his pile of money he pulls out. It will be no different here.
Best of Luck to you, but don’t be too disappointed when the whole thing collapses.
#1 this is a great company … i 1st checked out the prices because i Buy rolls of 20 silver eagles. I save $30 to $50 over JB bullion or usmint websites ..
#2 im saving around $6500 when i go to Cabo san lucas and costa rica im staying at the new planet hollywood in costa rica $36 night ..then im staying at breathless resort in Cabo for $34 night.. total cost for my room is under $1000 for 30 days because i’m a member of 7k metals.
#3 I already buy MS70 coins on other sites and yes the coin of the month is a little more on 7k metals site. but you don’t get $125 travel money and you don’t get 20 points what is the same as $20.. this is what drives this underground economy .. its truly quite genius. you cant beat the price at cost anywhere iv looked..
lol if you like to travel the membership is paid for your 1st 2 nights at the resorts im talking about..it beats priceline expedia or anyone else lowest price by a longshot..
#4 I have found not one shady thing about this company in the last 6 months since i have been a member.. the company has saved me thousands and made me thousands .. not to mention i got a rare MS70 panda with the variety coin of month for $129 its now worth over $1500..
7k metals takes the risk and thinking out of what rare MS70 coins to buy. I so far would recommend this company to anyone. its the best!
Sure makes you wonder why retail isn’t part of the MLM opportunity then.
Lane,
#5 You can’t put a shine on a 7K Metal turd.
This review ignores 7k Getaway, a travel and activity savings program. This is part of the auto-ship at no additional cost.
In my view, it’s great value for my money. (Yes, in the interests of full disclosure, I am a member.)
Because they have nothing to do with the MLM side of the business.
7K Metals has updated their buying plan.
There is a a true way to purchase gold and silver as a non-member.
As a non-member, you can go to their site, add the gold and silver you want to your cart and checkout. No membership required. At checkout, it will show your purchase price and how much you would have paid being a member.
So, they have now eliminated the direct retail sales argument.
I get the sore part about paying a higher price for the numismatic coins but every member understands that additional fee goes to cover paying the members their residual checks, company operations, advertising, etc.
No one is blind-sided by this or comes into the company not understanding the markup.
Just wanted to throw in my .999oz into the conversation. 🙂
1. What you described has nothing to do with the MLM opportunity.
2. The only way to negate an autoship recruitment scheme is to get rid of it.
As long as the majority of revenue generated by 7K Metals is affiliate purchases, it doesn’t matter what they add to it.
Classic product-based pyramid scheme.
@ Stephen….Sure they updated their website to buy as a non-member. You just have to provide a member referral name and all of your contact info so they can bludgeon you with their marketing shtick.
I was in a local coin shop the other day and they had about 20 of the 7k MS 70 silver eagles at $32 each…..Someone got smart and got out.
Based on the auto ship pricing they are charging $100 MORE than real world retail value on a common date silver eagle.
Slabbed eagles are NOT a Numismatic Collectible. They are a 1 ounce bullion coin in a fancy piece of plastic. Anyone who would tell you different is lying to you.
There are a very few exceptions of course, but the crap that 7K is peddling at $100 over retail are not, and never will be considered Numismatic Collectibles.
I might be missiing something here, but these guys are selling a comodity, precious metals and appear to be unregistered at the SEC.
It is my understanding that to sell comodities liek gold and silver you must be registered.
I’m familiar with the SEC with respect to securities regulation, not so much commodities. CFTC?
And even then, I *think* collector coins aren’t the same as actually selling metals?
Hi Jack,
When you look at success it means happy with yourself and where you’re at in life. Not many jobs you can go to where people are positive and willing to help you get ahead.
I had a wonderful 15 year career in a professional sport where every day I found myself in the perfect world where everyone is happy. As with any contact sport, age catches up to you and it’s time to step away.
They say “You never miss a drink of water till the well runs dry”.
I never dreamed I’d end in a direct sales company. Raised in agriculture where there is no time clock, weekends off or paid vacations it’s up to you to get the job done. Now your product is subject to market pricing.
Believe me, as good as you are with numbers, you don’t want to figure the hourly wage because it would make you sick.
Now I hope I can shine a new light on. 7K. Metals.
In agriculture, people helping people still rules. Today is 4-2-20 and we find good hearted people from all walks of life helping people.
That’s what 7K Metals is all about, positive people showing others how they can be prepared for a crisis like we are in now. How many people would be thankful for even a $500.00 check from 7K once a month? Not to mention the education you get.
6 Trillion dollars the Fed will print to get us through this mess. It’s fiat currency but the pay back is real. We have to do what we have to do though.
So maybe try to understand a solid network marketing company. I now know there are thousands of company’s out there. The founders have a lot of expense tied up in starting a business and a huge one is attorneys fighting people who can’t stand seeing someone be successful.
We have an amazing group of founders who are genuinely more excited to see members receive commissions than the members themselves.
Anyone who does not have this kind of positive attitude will never survive and never be missed. It’s self employment at its toughest.
The support is amazing and when it goes from your mind to your heart the dream is real. 7K is a great company and the product, Gold & Silver is something that has been around forever.
In fact, when I’m gone from this earth my family will have something of value.
As I walk the streets of gold in heaven I can look down and smile at my family, friends I’ve made, the support and dreams coming true in this amazing world of network marketing.
That sir is success.
This should be interesting.
Vick Strizheus of Fourpercent.com fame and Tecademics fame just joined with Miles Segers.
facebook.com/miles.segers/posts/10225865638374084
I never wanted to be in a recruitment plan, I just wanted to buy a lump sum of silver…that’s all.
I am embarrassed to admit that I got talked into joining and receiving one coin a month that is way more expensive than the going rate of silver for that coin.
I sent $7,000.00 and now 7K doles out an overpriced coin each month. Heck, I don’t even care what the coin is, I just want the silver for keeping until I need to cash it out now and then.
CAN ANYONE TELL ME HOW TO GET THE BALANCE OF MY MONEY BACK IN SILVER?
@Debra
The silver never existed. The grift doesn’t work if it’s financially in your benefit.
Hello Oz,
Thank you for responding to my question, however, I don’t understand what your answer means: “The silver never existed. The grift doesn’t work if it’s financially in your benefit.”
Can you or anyone reading this help me to understand why I can’t get an answer to why I am still included in this 7K Metals Compensation Plan when all I wanted was a LUMP SUM of silver for my money I sent to 7K?
Thank you in advance,
Debra
It means 7K Metals took your money and sorry for your loss.
You get some crappy “overpriced coin” each month, thankyou come again.That’s the grift and that’s why you’re not getting anywhere.
Because the silver doesn’t exist. That’s not the business model.
Oz, Thank you for putting this in words that make sense to me now… that’s the impression I have too…
Not sure what to do now but spread the word about 7K’s SCAM/PYRAMID SCHEME TACTICS.
Debra, you are in an optional program where they send you a coin each month.
Those coins are not priced as to the amount of silver in them but because of the collectibility of them.
You can argue about the value of them all day long, but you are comparing apples to oranges.
You can cancel that order anytime you want. You can purchase silver bullion, which comes in many different forms, at anytime through your store front.
There is a buyers certification guide that is available to members that will educate you on the different types of bullion and how to purchase it.
The entire process is very easy and should have been explained to you by the person who helped you with the membership.
FINALLY! I got all my silver at once… however I was totally overcharged, but am glad to just be out of that once-a-month recruitment plan.
Good to hear. Out of curiosity did they dump coins on you or you got bullion?
Bullion.
Good to hear you got something out.
Now that they’ve bought the silver you “owned” in the backoffice and shipped it out, was it an overall loss or profit?
Unfortunately until she sells her bullion there is no overall loss or profit. It’s just an unrealized gain or loss for tax purposes. She could sit on the bullion until it 10xs and be in a profit position.
Semantics but it’s one area of tax law that is pretty clear. She did get something and has a cost basis for it but until she realizes the gain or loss it’s not material.
If you shovel say $1,000 into an MLM and somehow get $1,100 of silver out, that’s a profit from an MLM / money game perspective, whether or not the price of the silver dumps to $550 before you want to sell.
I don’t think tax was really the thrust of the question.
AFAIK we don’t know Ms Mohn’s tax residence or position so it is not a given that capital gains tax would be payable on sale.
In some tax regimes tax is payable on gains on an annual basis whether you realise them or not. In others there is no capital gains tax at all.
Could we get an updated review on this co plz?
Is there anything to actually update?
I had a look at 7K Metals’ website, they’re still pushing “coin o’ the month”. I see they’ve added some random jewelry for the ladies.
7K Metals’ comp plan as of March 2022 appears to be the same as reviewed here. All they’ve done is add Executive Gold over Gold:
-20 recruits split 10/10 across the binary (two Bronzes and two Golds)
-10,000 GV binary volume both sides and
-$10,000 residual commission cap
I’ve added that to the compensation plan details in the review.
Over priced coins, with not place to sell unless you get your self a $599 USD membership and try selling someone in the community for the same price you paid for it.
Oz wrote:
In a video from December 28, 2023, uploaded by German serial fraudster Andreas Schiffner from Groß Kreutz, four people are named and shown as co-founders:
share-your-photo.com/b20c7d68db
youtu.be/wfJ3Trmmy9c?t=304
The CEO Sam Cook mentioned in the first 7K Metals Review on December 23, 2016 is missing in this video.
Josh Anderson (left) appears to be an older man when I look at his white beard. This is a serious difference from the photo in the first review.
https://behindmlm.com/mlm-reviews/7k-metals-review-coin-of-the-month-autoship-recruitment/
More details in the following comment.
7K Metals is now also active in Europe. The following countries are mentioned:
Ireland – Austria – Switzerland – Germany – Liechtenstein
When I tried to register, it was not possible. The German serial fraudster Andreas Schiffner from Groß Kreutz describes himself as a 7K Metals sponsor, but his name does not exist in the database.
Further proof that this lousy fraudster is an absolutely incompetent nutcase:
share-your-photo.com/0d17e6096e
A European pre-launch event will take place in Vienna (Austria) on April 6, 2024. Participation costs $50.
share-your-photo.com/b2955aec6a
It seems there is a lot of confusion surrounding 7kmetals. I recommend people doing their own due diligence.
I have received everything that has been promised. I use other companies for precious metals and this is the only one that ships it appropriately.
I live in the Bronx, NY and if the word metal or gold/silver was on the packaging, I can almost guarantee it would be gone.
The company clearly isn’t a scam, so I guess im just curious as to why its getting so much hate?
Maybe people who are sharing the company are not being 100% honest? but that doesn’t mean the company is not reputable.
MLM + insignificant retail sales = pyramid scheme. The majority of participants in pyramid schemes lose money.
In addition to that being the scam, there’s a secondary scam by way of claiming a pyramid scheme scam isn’t a scam.
Maybe people who are defending fraud are not being 100% honest?