A Great Way to Buy & Own GOLD
Karatbars International Review Update!
Hi folks, here is the promised and long overdue update of my review from February 2015. I am going to leave the original unchanged, so newcomers can see for themselves why it drew so many ridiculously biased, and often time’s hostile and insulting comments from Karatbars’ Distributors.
Let’s just look at the NEW facts, then YOU decide for yourself what Karatbars International is all about.
The Karatbars Affiliate Program!
WOW! They actually offer now their own affiliate program for people who choose NOT to participate in the Karatbars’ scheme, but are willing to promote the product to earn a commission.
I didn’t join but decided to test the waters, so to speak. In March of this year I heavily promoted Karatbars 1-gram & 2.5 gram bars on another website of mine that caters to investors in gold bullion and coins. In addition, I ran an email campaign to a list of over 3,000 potentially interested subscribers.
That didn’t go over too well. In fact, I almost lost a few of my best customers because they thought I lost my mind. They literally laughed me out of town, calling me ‘nuts’ for trying to sell them a product that is about 40% over the market price.
In short, the affiliate program is a joke; an attempt by Karatbars International to shake off the ‘it’s a pyramid scheme stigma’!
The Price Of The Karatbars Gold
There is really not much to say about that…IT’S OVERPRICED, and I am not stupid enough to pay $67 for a One-gram gold bar if I can get it for $49 from reputable gold dealers.
But I see and understand the big picture: The money for the perks the die-hard distributors love so much has to come from somewhere, right? And this money is being created the good old-fashioned MLM way.
Karatbars International Is An MLM…
…and therefore a pyramid scheme. Don’t take my word for it, though. Want to hear it straight from the horse’s mouth?
One of Karatbars’ Distributor’s just left a comment on this site and she says, among other things…
[….Karat Bars is a nice way to do it while building another income stream through recruiting other likewise people who want gold and want a return on their investment which Karat Bars provides. In the long run that overpriced gold gives members through the compensation plan a return on their money that far outweighs the extra $40 we pay per gram. As I mentioned, I’ve just joined but I see the potential of making a nice profit because I am viewing it as a MLM opportunity..] Tanya, April 7, 2016.
Let me add just that much: If you are a great recruiter and able to build a strong down line (or left and right legs as KB calls it) of like minded strong recruiters, you may make it in the upper 3% of the pyramid.
If not, success will elude you, and you will sit on a bunch of over priced little gold bars you collected due to the ‘Monthly Gold Order’, which is required in order to qualify for all the MLM Perks.
I guess you are smart enough to calculate your losses IF you need to sell your loot at the buy-back price of roughly 45 bucks.
To make one thing very clear:
Karatbars has a real product, although highly over priced. Selling it through Multi Level Marketing is legitimate marketing and not a total scam!
But to get SOLID GOLD at the BEST PRICE,