Honest Review of the American Gold Reserve MLM Opportunity

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With the economy in the crapper, another MLM has popped up looking to capitalize on “Gold Fever” called American Gold Reserve. You may not have heard about this company yet so I thought I’d do some digging so I could provide you with an honest (I’m not involved!) American Gold Reserve Review so you’ll have all the facts and can make an educated decision whether or not you want to get involved.

American Gold Reserve, at first glance, appears to be competing with some of the more popular MLM’s like Numis Network, KB Gold, and Preservation of Wealth. But not exactly…

American Gold Reserve is owned by the Old Glory Mint out of Utah which has been around since 2009. Their mission is to “to put as much gold and silver as possible into the hands of as many people as possible, as easily as we can, and at the lowest possible price.”

American Gold Reserve Review – What’s The Cost?

You don’t have to make a purchase to become an affiliate but it’s probably a good idea. If you don’t personally make a purchase, then you need to refer 2 people into the program to get your affiliate id. But, honestly, the only reason you would join would be because you are looking to purchase gold and silver yourself as well as marketing the business opportunity. It’s really tough to sell something you don’t personally own yourself

The compensation plan is a 3×9 matrix. Pretty simple with commissions on retail sales, matrix overrides, matching bonuses and bonus pools. A pretty good compensation plan in my opinion and pretty easy to understand. The real key with matrix programs though is to recruit people into the business yourself who will also recruit people. No different from any MLM really, but I’ve found that matrices can grow stagnant if you don’t have enough people in your downline who are growing the business.

A positive, if you decide to start your own American Gold Reserve business, is that in our current economic climate everyone’s interested in Gold. Honestly, until this year I never kept track of the value of gold. Collectibles and precious metals are on the forefront of people’s minds so you have a good story to tell (stories sell btw!).

American Gold Reserve Review Summary

I need to say that nothing indicates that American Gold Reserve is a scam. From the look of the website and the company’s message, I think it has some promise. The landscape for this niche is starting to get cluttered and not all of these companies will survive. I know that Numis has really ridden the wave of momentum over the past year so I’m pretty confident of their long-term success but the others I’m not so sure. Particularly the ones that do not “require” you to make purchases.

If you decide to join American Gold Reserve, you will need to have a marketing plan because if you don’t expose enough prospects to your website on a consistent daily basis you will not make money (this goes for any MLM).