Is 7k Metals A Pyramid Scheme? Read this and be AWARE! [2023]

7k Metals Quick Review 

What is 7K Metals? 

7k Metals is a place to buy gold and precious metals. They provide different types of products and services and even offer a membership program where you can acquire them at a discounted price.

Aside from acquiring gold and precious metals, you can also earn money by sharing your positive experiences with them.

7K Metals was established in Idaho, in 2016.

Basically, when you become a member, you will be able to have the following:

• Dealer Direct Pricing on Gold and Silver bullion—No minimums, No maximums
• Have a Custom exclusive jewelry
• Access to Monthly Autosaver Program
• Gain rare and exclusive collectibles
• Buyer’s Certification Training Program
• Private Vault Access
• Credits towards additional Sound Money pieces of training
• Curated selections by the experts

How Does 7K Metals Works?

Here's a brief overview of the process:

1. Choose Your Starter Pack: 7K Metals offers three starter packs to select from. It's essential to pick the one that aligns with your financial situation and investment goals.
2. Select Your AutoSaver Coin: After choosing a starter pack, you can decide on the precious metal you want to receive monthly. With the AutoSaver coin, assets are automatically added, making the process more convenient.
3. Enjoy Membership Benefits: Each membership level comes with its perks, such as access to hard-to-find coins, discounted prices on bullion, and exquisite jewelry.
4. Fees and Pricing: 7K Metals offers different pricing and fees, particularly for those interested in profiting from precious metals.
5. Membership Fees: New members need to choose between a Premium or Basic membership, with fees ranging from $249 to $449.
6. Travel Savings Card: By becoming a member, you can purchase a travel savings card, with costs varying based on your chosen membership plan, ranging from $250 to approximately $500.

7K Metals Products and Services 

• 7k Selected

This includes a lot of coins, bullions, and bars of different types of precious metals. 

It is like an online store of gold and precious metals.

• Jewelry

They also offer pieces of jewelry of different kinds of precious metals. 

• Dealer Direct

These are different coins and bars of gold and precious metals. 7k Metals the middle man allowing you to have easier access and better prices on gold and silver bullion without the games and gimmicks.

They require no minimums and no maximums when you buy precious metals.

• 7k Gear

They also offer accessories and merchandise designed based on their logo. The company offers bags, clothes, caps, and many more for both sexes.

• Autosaver Program

7k Metals also offers you a program in which you will be able to put your savings on autopilot.

They help you take out the need for discipline in saving and send you a curated collectible EVERY MONTH. Your saving becomes more like a fun game you will look forward to rather than a boring chore.

Member Requirements 

To become a member of 7K Metals, you must meet the following requirements:

1. You must be of legal age in the country of your residence.
2. If you are a US associate, you need to provide 7K Metals with a valid Social Security number or Federal Tax ID.
3. You should be a legal resident with the legal capacity to enter into an agreement with 7K Metals in the US or other countries where 7K operates its MLM business models.
4. Complete the 7K Independent Associate Application and Agreement online.Once these requirements are fulfilled, you can proceed with selecting a membership fee for the business opportunity.

How 7K Metals Do You Get Paid?

7K Metals provides its members with various payment options to receive compensation for their efforts. Whether it's cashing out, direct bank transfers, or even cryptocurrency transfers, members can choose the payment method that suits them best. Rest assured that all payments are secure, swift, and dependable.

Moreover, 7K Metals offers a generous rewards program with attractive commission rates. This program not only rewards members for recommending the platform to others but also for their ongoing loyalty. It presents a fantastic opportunity for customers to earn extra income simply by referring friends and family or making regular purchases from the platform.

Reviews and Ratings 

 Is 7k Metals a Pyramid Scheme?

Here's some of its reviews and ratings:

What I Like About 7K Metals

• Online Store

You can easily browse and buy gold and other precious metals, and even jewelry from this company through their online store.

So, you can easily add to the card what you want and have them delivered to your doorstep.

• Wide Selection of Gold and Precious Metals

They have quite a several gold and precious metals. They also offer jewelry and other items.

• Investment Opportunities

With 7K Metals, you have the chance to put their money into precious metals like gold and silver, offering a trustworthy investment avenue for securing their future.

What I Don't Like About 7K Metals

• It is for the RICH

Well, apparently... this is something that is not for everyone, the fees are very expensive. Here's how much they cost:

All members have to pay for either a basic or premium membership. The charges for each one are listed below.

Basic - $249

Premium - $449

When you join, you have to also buy a travel savings card. The cost of this is based on your membership plan.

Basic - $250

Premium - $500

Your travel savings card helps you reduce travel costs. It also helps you get your AutoSaver Coin plan going.

• Its an MLM

MLM means Multi-level marketing. 7k Metals is an MLM company, but you can also just buy from them.

Multi-level marketing (MLM), also called network marketing or pyramid selling. It is a controversial marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services.

An MLM strategy may be an illegal pyramid scheme.

You can register since you need a referral code from a higher-up, so basically it is a pyramid scheme.

More so, they promise you of this kind of earnings, so you'll get motivated to join.

• A lot of negative reviews

If you will search for their website, you will see that they have a lot of negative reviews and ratings which means that they are not very profitable.

Is 7k Metals a Pyramid Scheme?

7k Metals is a Pyramid Scheme.

However, it is still a legitimate company or business. You can still buy gold and precious metals from them.

More so, it’s actually hard to find success in any MLM.

So, this is something that I do not suggest or recommend.

There are very few people who are even interested in buying precious metals in comparison to products from other health and wellness MLM businesses.

Final Thoughts 

Is 7k Metals a Pyramid Scheme?

Yes, so, I do not recommend that you should associate yourself with them.

If you are looking for a trusted gold and precious metals company, I certainly would recommend GOLDCO.

Goldco is a known company in the industry. They have built a name and reputation that reflects how well they do business and provide services to their customers.

So, GOLDCO is the best choice when it comes to gold and precious metals. You can know more about them by clicking the button below.

I hope you find my review helpful!

Thank you for reading it!