At Price Metals fails to offer possession or govt info on its web site.
A go to to At Price Metals reveals a easy homepage design, on which you’ll discover an affiliate signup hyperlink, AI avatar hosted advertising movies, PDF shows and steel pricing.
Using AI avatars in At Price Metals is an on the spot crimson flag. AI avatars are usually utilized by scammers making an attempt to cover possession.
Additional analysis reveals promoter advertising movies citing Justin Davis as At Price Metals’ founder.
BehindMLM first got here throughout Davis as proprietor and President of Preservation of Wealth in 2012.
Preservation of Wealth was an MLM pyramid scheme hidden behind a treasured metals ruse.
In paying associates immediately on the recruitment of latest members Preservation of Wealth just about boils right down to being a pyramid scheme hooked up to an irrelevant Numismatic storefront which, doesn’t appear to be out there to anybody besides firm members.
Right this moment Preservation of Wealth doesn’t exist. It seems to have collapsed circa 2014.
Preservation of Wealth has cheques bouncing, cash not being delivered, is failing to reply buyer assist emails and failing to pay commissions.
This leaves us with a ten-year hole in Davis’ MLM profession I wasn’t in a position to fill in.
In line with his LinkedIn profile, Davis is a US resident of Texas.
As all the time, if an MLM firm will not be overtly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
At Price Metals’ Merchandise
At Price Metals’ web site particulars pricing of assorted steel merchandise.
Not one of the listed merchandise seem like purchasable by retail clients.
At Price Metals’ Compensation Plan
At Price Metals associates enroll and pay membership charges.
Commissions are paid on recruitment of others who do the identical.
At Price Metals Affiliate Ranks
There are three ranks inside At Price Metals’ compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – recruit two At Price Metals associates
- Silver Affiliate – recruit six At Price Metals associates and have at the least two Affiliate ranked associates in your downline
- Gold Affiliate – recruit twelve At Price Metals associates and have at the least two Silver Associates in your downline
Notice that as a way to depend in the direction of rank qualification, recruited At Price Metals associates have to be “lively”.
Being lively requires an At Price Metals affiliate to generate at the least 20 gross sales quantity (BV) over a rolling 32 day interval.
BV is generated by recruiting At Price Metals associates and/or buying metals from the corporate.
Direct Recruitment Commissions
At Price Metals associates join both a Metals Package deal ($149) or Metals Plus Package deal ($399).
- recruit a Metals Package deal affiliate and obtain $25
- recruit a Metals Plus Package deal affiliate and obtain $50
Residual Recruitment Commissions
At Price Metals pays residual recruitment commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary crew, break up into two sides (left and proper):
The primary degree of the binary crew homes two positions. The second degree of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary crew are crammed through direct and oblique recruitment of associates. Notice there isn’t a restrict to how deep a binary crew can develop.
As At Price Metals associates are immediately and not directly recruited into the binary crew, gross sales quantity (BV) is generated:
- recruitment of a Metals Package deal affiliate generates 30 BV
- recruitment of a Metals Plus Package deal affiliate generates 100 BV
For each 500 BV matched on each sides of the binary crew, a $500 residual recruitment fee is paid out.
Notice that At Price Metals caps weekly residual recruitment commissions by rank:
- Associates can earn as much as $2000
- Silver Associates can earn as much as $10,000
- Gold Associates can earn as much as $30,000
Matching Bonus
At Price Metals pays a ten% match on residual recruitment commissions earned by personally recruited associates.
Notice that solely Silver and Gold ranked associates qualify for the Matching Bonus.
Becoming a member of At Price Metals
At Price Metals affiliate membership is $149 or $399.
- Metals Package deal – $149 yearly
- Metals Plus Package deal – $399 each 18 months, contains “3 good MS70 graded numismatic 1 oz silver cash”
At Price Metals Conclusion
At Price Metals is an apparent reboot of Preservation of Wealth, “preserving” the latter’s regulatory compliance points.
With nothing marketed to or offered to retail clients inside At Price Metals’ MLM alternative, it operates as a pyramid scheme.
The FTC has made it very clear that MLM firms that don’t generate important income through retail gross sales are working as pyramid schemes.
As with all MLM pyramid schemes, as soon as affiliate recruitment dries up so too will commissions.
This can see current associates cease paying charges (and/or making purchases to qualify for commissions), ultimately leading to an irreversible collapse.
Within the authentic Preservation of Wealth, solely Justin Davis and prime recruiters made any cash. The identical might be true for At Price Metals.