SwissGold Market Review – (2020) HUGE Scam or Legit?
Welcome to my SwissGold Market Review!
You may not have heard too much about these guys. However, they are starting to gain some attention.
Maybe you have seen an advertisement or got an email about this opportunity, and now your curiosity got the best of you.
Now you don’t know if your walking into a trap or crossing path with a life-changing business.
I did do my own research. Unlike other people speaking on this company, I like to think my content is more on the unbiased side.
I just look at the facts and tell it how it is…
If that sounds good to you then you should read until the very end!
SwissGold Market Review
They have all the standard pages like a pofessional company, expcept there is one thing missing which is actual information in them. For instance, they have an “About US” that tells absolutely nothing about themselves.
It would have been nice for them to add who the CEO of SwissGold Market is…
As of now, we are in the dark about that.
In other parts of the website, I did find some good info like them being incorporated in Belize.
By using a third party tool, I was able to check their website “sg.market” to see when they first bough the domain. The site domain was purchased June, 2019.
SwissMarket is based out of Russia according to their address. Their promo content actually suggests the same, you can tell by their voices that they are indeed Russian.
Remember at the end of the day, we work hard for the money in our bank accounts. We can’t just let any company with a good sales pitch take it. If they can’t support their claims to be more upfront about who they are, they can’t expect us to rush in without thinking long and hard.
SwissGold Market Products
Even though they talk money and gold, they don’t actually offer any product or services. SwissGold Market mainly focuses on it’s recruiting efforts and encourages those that join to bring in others.
However, the business does seem to be split into two parts.
- One side sales legitament gold
- The other side is focuses on recruiting and nothing to do with gold
I know that sounds weird but this is the setup of SwissGold Market.
This opportunity reminds so much of another company called Comex Trades.
SwissGold Market Compensation Plan
Swiss Gold Market affiliates invest funds into a four-tier 2×2 matrix cycler.
A 2×2 matrix puts a SwissGold Market member at the top of a matrix with two positions below them:
These first two positions make the first level of the matrix.
The second level of the matrix is produced by splitting these two positions into another two position which makes the total of four in the second level.
Returns are produced as positions of these matrix spots fill up.
Matrix spots can be filled up directly or indirectly by downline members.
This is how all the returns are paid across all four tiers:
- Start – invest €280 EUR and receive €540 EUR (capped at €1800 per position)
- Main – invest €740 EUR and receive €1890 EUR (capped at €7000 per position)
- Standard – invest €2800 EUR and receive €7425 EUR (capped at €27,500 per position)
- VIP Plus – invest €9850 EUR and receive €29,000 EUR (capped at €98,000 per position)
Basically once a tier fills up, you cycle out to the next and generate a return.
As of May 2020, they are accepting bitcoin as well instead of just euros.
Swiss Gold Market pays their referral commissions on the funds invested by personally sponsored affiliates:
- Investment in the Start cycler generates a €20 EUR referral commission
- Investment in the Main cycler generates a €40 EUR referral commission
- Investment in the Standard cycler generates a €60 EUR referral commission
- Investment in the VIP Plus cycler generates a €80 EUR referral commission
Cost To Join Swiss Gold Market
Each time a package matures, you re-invest to keep earning. For instance, if you paid €280 and it matures over a course of time, you may want to repurchase the package. The highest package is €9850 EUR
They have the following 4 packages:
- Start – €280 EUR
- Main – €740 EUR
- Standard – €2800 EUR
- VIP Plus – €9850 EUR
As tempting as all of this sounds, you may want to take a look at the facts then and only then can you decide if investing is worthy of your money.
Don’t know what to make of all the info I shared on SwissMarket?
Well lets go over eveything I just talked about…
You see that they advertise being a seller of gold. At the same time they are a network marketing company. Weird thing is that they have no ties to each other.
You can do the following inside the company.
- Browese and buy Gold
- Join their matrix program that has nothing to do with the gold that they offer and simply just get others to gift you cash.
I have no problem with the gold aspect.
It’s the recruiting side. In a normal situation, it would of made sense if they had an affiliate program that allows you to earn commissions when people buy gold using your referral link.
The main attraction of the company is not even gold. It’s the compensation plan that has nothing to do with Gold…
Makes no sense, right?
The reality is that they have a funky setup. On top of that, they aren’t even trustworthy. If they aren’t going to drop the name of the owner then why should we trust and invest in them?
Are you going to give money to someone you don’t know and expect them to make you money?
Of course not because that would be CRAZY…
If you don’t know how matrix systems work, the owners usually add an account of their own into the mix, and they earn from the work of everyone. They are getting rich off of us and won’t even tell us a single name…
As the company starts losing its attraction, the unknown parties behind this will run off to the sun with a huge lump sum of cash.
You won’t even know the name of the person to blame. The website will likely go down like it never existed and that will be the end of that.
I think we all what is next… And that is keeping your wallets. Rather you want to accept it or not, SwissGold Market is illegal.
However, there are actually legit businesses out there that can make you money without all the shady mess…
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The first step is to change your mindset. Building an online business is not an overnight thing. It takes time but it is better than joining scams that never work and just take your money.
Good luck in your journey,
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