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KARATBARS CAN ANYONE HELP ME WITH THIS.


smokestack

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I just typed it into google, and in the first 5 predicted searches were "karatbars scam" and "karatbars international scam". I think result 6 was "karatbars ponzi scheme".

Purely based on that, I'd give it a wide berth!!!

Stacker since 2013

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I am just guessing here as I don't know, but I saw some YouTube videos about some gold thing a while ago that people were trying to sell, basically people introduce other people and they get a commission for selling this gold, but the premium on them is terribly high, so people are pushing products which aren't a good investment but telling people they are, just to make some money. So like a pyramid scheme.

Because of Danny boys reply I am thinking that maybe it's the same thing if not something similar.

My posts are my personal opinions, they do not constitute advice or financial advice.

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Thaks for the replys, i should point out i am not really thinking of getting involved with this, i just wondered if anyone knew anything about it. From what i can gather you have to commit to buy regular purchases of 1 gram gold bars, which as we all know work out at very high premiums. There sales pitch seems way over the top with constant use of words like unbelievable oppertunity and six figure income within twelve weeks, i am a great believer in the old if it seems to be too good to be true it probably is.

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It's a good old fashioned pyramid scheme. Everyone who invests has to try and "recruit" two new "affiliates", and they in turn have to recruit two new affiliates.

 

 

This has been going on in various guises for hundreds of years, and yet the gullible still fall for it.

 

Simple rule, "If it looks to good to be true..........turn............run.........and don't look back"

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  • 2 weeks later...

yeah definitely a pyramid scheme, a guy from perth tried to convert me, I'm guessing that people new to PM's are the usual targets, these people just end up buying really overpriced gold in my opinion

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  • 2 months later...

Hi I'm an Karatbars International GmbH affiliate. It's nice and great to see people discus Karatbars, positive and or negative. And that's the way it has to be. Before you join Karatbars or any affiliate programs you have to do your homework and that is research: who, what, how, where, does it really paid, is it for me, etc. Yes, I did my research on the internet, and I have talk to some affiliates. Only on the internet was negatives and positives. The negatives they assume this and that, had no proof why it doesn't work, no proof why a scam, no proof there is no gold etc.

I read the plan, I went to a meeting and even I saw gold with my own eyes in my own hands and I have now my own gold.

Always do a research be skeptical.

For me, why it is amazing? Everybody has his own story. I was in the past with a network program that still exist 40, 50 years. Even I have hear other affiliate plans. No one can compare with Karatbars.

Now the amazing thing for me compare with others. Karatbars I affiliate for free, no monthly fee, no annual fee (amazing) and still can make money with. Not big money to get rich but you earn.

With Karatbars compare to others I don't have to sell monthly and even I don't have to sell or buy at all. With others if you don't sell you are out or have to pay a fee. And I'm not that kind of guy walking around selling products so Karatbars fit for me, it's amazing.

Would you like the big money? Step1: They sell packages. SELL packages. 5 different package, starting from US$ 142. So it is 1 buy, just 1 buy. You don't have to pay nothing more, no monthly, no annual. Step 2: sponsor 2 new affiliate, you get paid. (Minimum 2, if you like is up to you, you can sponsor 3,4,10,50 or more) Step 3: they buy a package, when they buy a package, you get paid. Even you accumulate units. With this unit you get paid again. Step 4: help your 2 affiliate repeat step 1 to 3.

Every new affiliate sponsor by any affiliate in your down line you get units, that means you get paid again without doing nothing. Amazing.

When do you get paid? Every friday on your own personal debit MasterCard that the MasterCard company himself will send to you. And still you think its a scheme/scam.

And when you start getting paid US$200 every friday you will even get paid with 999.9 currency grade pure fine gold certificate by LBMA (London Bullion Market Association, world wide gold and silver trade association. Google it) an other amazing. And still is it a schemes/scam?

For the units is a formula and thats why minimum 2 affiliate. The units that u didn't use this friday goes for the next friday. OTHER affiliate programs you WILL LOOSE all your Points. Amazing for Karatbars.

So I can go on and on and on. For me it is super amazing, maybe for you not, it's ok, people are not the same.

If you think it's not amazing, I still get paid

If you think it's a scheme/scam, I still get paid

If you think it's a pyramid, I still get paid

If you think it's to good to be true, I still get paid

I know it is good and it is true.

More info e-mail karatbars_9999@aol.com

Twitter Karatbars_9999

I just open a facebook.com/money2gold

Other info https://www.karatbars.com/landing/?s=hairman

Register free affiliate https://www.karatbars.com/?s=hairman

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Would you like the big money? Step1: They sell packages. SELL packages. 5 different package, starting from US$ 142. So it is 1 buy, just 1 buy. You don't have to pay nothing more, no monthly, no annual. Step 2: sponsor 2 new affiliate, you get paid. (Minimum 2, if you like is up to you, you can sponsor 3,4,10,50 or more) Step 3: they buy a package, when they buy a package, you get paid. Even you accumulate units. With this unit you get paid again. Step 4: help your 2 affiliate repeat step 1 to 3.

Every new affiliate sponsor by any affiliate in your down line you get units, that means you get paid again without doing nothing.

Thanks karatbars_9999, you have just confirmed that it is a Pyramid scheme. You make money by getting a % of the money that comes from the people ("sponsors") you persuade to join karat bars.

http://en.m.wikipedia.org/wiki/Pyramid_schemes

My posts are my personal opinions, they do not constitute advice or financial advice.

Please Follow / Like / Share to help spread the word of The Silver Forum:
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Discounts / Offers
COTR Vouchers for Premium Members

Official TSF branded NGC label via COR grading
50% discount off of TSF mugs for Platinum Premium Members. (see info in Platinum Lounge)
Platinum Premium Members: Offers from selected Dealers - 15 dealers currently in the programme

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