I know selling metal seems like an odd thing to do but it surprisingly gives big money.
And if you don’t believe it, then I think my review can do something about that.
Today, I’ll give you my honest opinion in this 7k Metals Review. So read on…
Chances are you heard about 7k Metals because someone – a friend or family member – introduced you to the company. Maybe you attended an online workshop or webinar, or maybe an in-person information session.
Your head’s probably spinning. This might be the first time you’ve heard about a real way to make money outside of a typical job.
So first off, congratulations!
You’ve just entered a whole new world…the world of making money on your own terms.
However, you came in through the wrong door.
Because 7k Metals is – plain and simple – an MLM. Throw whatever fancy name you want on it…multi-level marketing (MLM), network marketing (NWM), direct sales, or anything else, it’s the same concept:
You pay some money upfront for the “opportunity” to sell products.
The products are typically low-quality but with high price tags (because fancy labels and stuff).
You’re told that the key to building your own successful business is selling these products to friends and family, and getting them on a subscription (so you get “monthly recurring revenue”).
Unfortunately, like most people who get taken in by these types of schemes, you’ll quickly discover that the well runs dry faster than you imagined.
After all, they make it sound really simple. “Just get 5 people you know onto this magic widget, and things will just grow from there.”
And in your head, you think “How hard can it be? I know plenty of people, 5 will be easy.”
But then you do it, and you realize people look at you like you’ve joined a cult. You’ve become “that person”, who joined an MLM, and is now trying to sell questionable products or services to everyone they meet.
It puts a strain on your relationships, and you end up stuck between two worlds.
But it’s not your fault. These companies spend millions of dollars each year figuring out exactly how to brainwash and recruit people. And that’s why we’re here.
To help you find a better way before it’s too late.
So, what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Selling to friends and family
- Selling to strangers
- Recruiting people
- Dealing with questionable products that weigh on your conscience
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing, selling, or managing anything?
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is nothing like MLM, and that’s probably a good thing.
However, if you’d still like to know more about 7k Metals, keep reading.
What Is 7K Metals?
7k Metals was created in 2016 by a group of Idaho network marketing entrepreneurs. They employ the MLM model to provide membership packages to customers who wish to sell precious metals, such as silver and gold coins, bars, and bullion.
Having stated that…
The company’s mission is to radically enhance the situations of individuals all around the globe who want to better their lives. 7K Metals is motivated to provide individuals with the resources they need to build wealth and attain financial independence via the use of gold, silver, and other precious metals.
The guys that started it all are:
- Zach Davis
- Richard Hansen
- Roger Ball
- Josh Anderson
We’ll cover these gentlemen a little later…
They strive to offer their members the most inexpensive metals by only charging their members their cost for these metals.
7K purchases these precious metals, like gold and silver, from the world’s leading distribution outlets for the least amount of money possible.
7K Metals Multi-Level Marketing Company Business Opportunity
How Does The 7K Metals Compensation Plan Work?
7k Metals has implemented a “binary” compensation scheme. The way this works is that you earn money by recruiting new members.
Consider this pay scheme to be an upside-down “V” with you at the top.
7k Metals uses a point system to calculate how much you’ve sold:
- The associate either signs up new members to cover their $250 annual fee or they pay it themselves (100 points)
- The associate purchases coins with automatic delivery (25 points)
- You make money from the coins purchased from the affiliates you signed up
- 7k Metals only pays out on the least number of sales you made
- There are 2 commission plans centered on your team’s sales
- You earn $500/week if your left and right sides have 500 points
- You earn $1000/week if they have 1,000 points
- Anything between 500-1,000 gets reset on the following week
So, you only have a week to get over 1,000 points, or you start over.
Yes, it’s in black and white right there in their compensation plan.
Of course, you have to reach certain milestones to get a payout from 7k Metals:
- You need at least 25 points every month
- Sign up at least 2 new members who have 25 points in a month
- Finally, a matching bonus of 5% for anyone you sign up.
What Are The 7K Metals Precious Metals Products?
The products sold through 7k Metals are:
- gold coins
- mint silver
- platinum, gold and, silver bars
This is the pricing breakdown:
- Silver coins – $19-226
- Gold coins – $162-1,945
- Silver bars – $18.88/oz
- Gold bars – $155/oz
- Platinum bars – $966/oz
A kilogram of gold may cost up to $47,627.
7k Metals also provides a large assortment of jewelry to pick from.
In addition, 7k Metals has an agreement with a top private safe company to provide you with a secure location to store all of your collections.
Now, 7k Metals does allow you to shop their website for specific products at member prices, but you must be a US resident with a membership plan.
You must know a large number of wealthy people with disposable income to purchase these products and make money.
I just do not believe this is a long-term business strategy.
Who Are The Owners Of 7K Metals?
Davis and Anderson have the most experience with MLM companies. Davis was first introduced to network marketing when he was in college and since then has helped a lot of people reach their goals.
He and Anderson have operated a separate MLM company called Black Ink International since 2011.
Hansen has been a network marketing veteran for the last 34 years and is experienced in collecting and mining precious metals.
Ball is well-known as an entrepreneur. He was the owner of JD Premium, and he closed it in 2015. He previously owned JD Premium but closed it down in 2015. He was also a member of a company by the name of Paycation in 2012.
Anderson came across network marketing when he was 21 years old. He was able to build a team of over 18,000 people in his first year and in addition to that was able to build a team of 9,000 people in his first 4 months with another MLM company in 2008.
Soon after, Anderson was appointed the CEO of the company and grew the organization to 26,000+ members.
He was also CEO of JD Premium from 2009-2011, while Davis was CMO of the company. They primarily distributed personal care and nutrition products.
How Much Does 7k Metals Cost?
It’s required all members to choose either the basic or the premium membership fees. Below is the pricing:
- Basic Membership Fee: $249 / year
- Premium Membership Fee: $449 / year
2. Travel Card
You are also required to purchase a travel savings card from 7k Metals. Below is the pricing:
- Basic Membership: $250
- Premium Membership: $500
You can get the “best travel deals” every month with this program.
Should You Join 7K Metals?
7k Metals is a network marketing company, so if you’re okay with that, you should look at it more. If you know a little bit about MLM, this may be for you.
On the other side, if you dislike the MLM industry, I will avoid 7k Metals.
Add to that the fact that if you have no interest in purchasing precious metals, I will pass.
Because of the nature and cost of precious metals, they must be purchased by a high roller.
Is 7k Metals A Scam?
So, is 7k Metals a scam?
Not technically. You can make money with this program, but it’s definitely not as easy as the company makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual commissions are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months and then your reward is a $50 commission, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike an MLM, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To 7k Metals?
Yes, there are plenty of other business models to choose from if you want to pursue making money online. Here are just a few:
What Is My Top Recommendation In Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Real Estate is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With MLMs and Network Marketing, you don’t really own anything. You have no control over the quality of products. You don’t even own your “team”.
Look at the fine print for most of the agreements folks sign when they join one of these companies. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: Alright, so most MLMs don’t make you buy the products and fill your garage with them anymore (unlike the good ol’ days), but you’re still in a physical products business.
And physical products always have physical limitations. Even if you don’t have to manage the inventory, you still have to deal with supply chain shortages that cause major delays.
Imagine finally landing your first customer, and then losing them after one sale because they had to wait 6 weeks to get their order.
With Digital Real Estate, a 100% online business, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with an MLM, you’d have to double your customers OR double the average order size of your existing customers. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. In an MLM, your “upline” might convince you that what you’re selling improves people’s lives, but deep down, you likely know that’s not true.
Most of the time, you’re either selling a dream or a poor-quality, overpriced product with a fancy label.
And that makes it pretty hard to sleep at night.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours.
You could continue browsing, looking at opportunities like 7k Metals which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.