Today we review 7k Metals. What is 7k Metals? a scam or legit? How does it work? Is it for you or should you look at other alternatives instead? This is just a few of the many questions we help you answer in this short review!
Name of the company: 7k Metals
Official Website URL: https://www.7kmetals.com/home
Overall Rating: (2.5 / 5)
Recommended? : Not recommended
Important to mention before we go into more details:
If you are interested 7k metals for the earning potential by promoting them then I would highly recommend you to look at selling gold for a real gold company instead, you might want to check out this page and see how you can earn $100k commissions from one sale without aving to be involved in MLM or pyramid schemes.
With that being said, let´s continue with the review on 7k Metals!
What is 7k metals (a scam?) Why has it become so popular lately? Can you rely on it to earn an income? These are some of the questions that we shall be addressing in today’s review. My objective is to reveal as much information as I can within this article, hence I will stick to the structure outlined below:
- What is 7k metals?
- How does it work?
- What does it offer?
- How are its services priced?
- Is it a genuine company?
- What are its major pros and cons?
- Final words and verdict
What is 7k Metals about?
7k Metals is a Multi-Level-Marketing company that was created in2016. This Idaho-based firm relies on this marketing approach to reach more customers. With 7k Metals, people are required to pay for membership packages in order for them to be granted access to precious metal products.
7k Metals’ objective is to influence the lives of people on a global scope since its founders are aware of the financial harm that can befall such people if the economy crashed in the near future. Even with the occurrence of sudden and unprecedented events, it is possible for these people to bounce back since they are in possession of stable assets.
Unlike other precious metal companies that help people to the only invest, 7k Metals seeks to help people achieve financial independence. Once they have achieved financial independence, they can then proceed to secure their future by purchasing silver and gold assets.
Those who join this company through the MLM system are guaranteed very low precious metal prices. These members actually receive the precious metals at the price that 7k Metals purchased them at, at least that is what 7KM claim…
How does it work?
In order to benefit from this company, there are certain steps that you are required to follow. These include:
1. Choose a starter pack7k Metals has 3 starter packs that you can choose from. All you are required to do is choose one pack and get set to begin enjoying the benefits that it presents. The main factor to consider when choosing your starter pack is your budget as well as the expected advantages.
2. Select your AutoSaver coin
You are then required to choose a precious metal that you want to be delivered to your doorstep every single month. This essentially puts you on an AutoSaving mode, in that your money is put into assets without you having to follow up on the entire process.
3. Reap all the other stipulated benefits
Each membership package comes with its perks. They include low bullion prices, cool jewelry, as well as access to rare coins.
What is offered on this platform?
The main products that are offered by 7k are precious metals. They are presented in numerous variations and designs. The main categories offered by this company include:
– 7k Selected
This is a collection of some of the best precious metal products whose value is bound to increase significantly when held for the long term.
7k Metals has an assortment of jewelry made from silver and gold. If you have always wanted to wear watches, chains, rings, and monkey clips made from precious metals then you can access them through 7k Metals at very affordable rates.
– Dealer Direct
As a 7k Metals’ member, you can gain access to some of the best deals that the main bullion suppliers offer. This enables you to purchase larger precious metal product volumes at very low prices.
– 7K Gear
7k has accessories that men and women can purchase. They include phone wallets, backpacks, fleece sweaters, fitted hats, t-shirts, and a polo shirt.
In addition to these products, this company offers a membership plan which is a financial product in its own sense. You can either pay for the basic membership or the premium membership. In both cases, you are also required to pay for travel savings cards, for which the prices vary on the basis of your membership package.
As a 7k Metals member, you can invite people to join this program and get some commissions when they join. This company’s affiliate program is based on a Multi-Level-Marketing structure, which means that your earning potential is higher. You can accumulate more funds when you join the network very early. All you have to do is to ensure that you invite affiliates who are very ambitious and active, then you can have recurring income being sent to your account.
Pricing and Fees
Some of the fees that you are required to pay when working with this company include:
1. Membership fees
Every member is required to join the basic or premium membership category. The fees charged for each group are:
– Basic –$249 per year
– Premium- $449 per year
2. Travel savings card
Upon joining 7k Metals, you are also required to pay for a travel savings card. Each membership category pays different fees as shown below:
– Basic -$250
With this card, you can find the best travel deals on a monthly basis, and you can also set up the AutoSaver Coin subscription.
Is 7k Metals a Scam or Legit and Genuine?
So, is 7k Metals a Scam? No, 7k Metals is a genuine business but… it is also a Multi-Level-Marketing Scheme aka Pyramid scheme. There are people who have had their fair share of experiences with MLMs, thus I’d like to emphasize that to ensure that no one gets into something that does not work for them.
Personally I am not a fan, at all. But kudos to them for keeping it transparent and not claiming to be something else, like in many cases when it comes to MLM (pyramid schemes).
That said, however, there are not many complaints to be found online about the authenticity of this company’s products. In addition to that, this company is run by a group of very professional executive directors, including :
– Zack Davis
– Josh Anderson
– Richard Hansen
– Roger Ball
The four directors have been in the MLM industry for quite a long time, and they have all achieved great results in that “questinable” industry.
That being said, my personal opinion (based on very bad experience from MLM´s and pyramids) is that I would never turn to an MLM business to buy gold & silver, I mean why pay in order to be able to buy? When you can just buy from other dealers without having to? Also, the whole purpose and business model of an MLM is that the products are overpriced, that is how the model survives, so it can pay all the members all levels down… So, please be aware of this and don´t come back here and say I didn´t warn you.
**Tired of Pyramid scams and MLM´s?
You might want to know that there are great and easy ways to buy both gold and silver without having to get involved in MLM´s, we have many different companies and ways to do that listed on this site, below are 2 different (and great) ways to make smaller buys in a very hassle free way:
==> See our #1 recommended place for “smaller” purchases of quality gold & silver on this page
==> See our #1 recommendation to trade between physical Gold and Bitcoin on this page
Pros and cons
It might be wise to compare the positive sides against the negative ones to get a better overall view of something. Especially when it comes to MLM, right? As always in our reviews we provide you with some clear points on both sides of the spectrum:
– It is genuine (they are open about their business model)
– Excellent management team with experience
– Members gain access to precious metals at low prices
– One has to be a member in order to purchase.
– It is an MLM
– A lot of emphasis is placed on the recruitment of members. (like in most MLMs)
– Costly for investors (like in most MLMs)
– Limited precious metal products.
Do You Own or represent 7k Metals?
If you are a representative, or associate of 7k Metals and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to email@example.com.
Final words and verdict
Verdict: Not Recommended
Overall rating: (2.5 / 5)
Ok, I think that sums up the overall view of 7k Metals. Sure, it is a legit service, however, am sure many would call it a scam. If it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
==> See our #1 recommendation for “smaller” purchases of QUALITY gold & silver on this page
==> See our #1 recommendation to trade between physical Gold and Bitcoin on this page
I hope you found this short review of 7k Metals to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com