Disclosure: This article contains references to products from our partners. We may receive compensation if you apply or shop through links in our content. This compensation is how we fund our in-depth research. (read more)

7K Metals Review

Unlike other 7k Metals reviews online, we intend to give Bear Lake Gold's opinions about this company through our 7k Metals review page.

We will also provide accurate details about the company's services, the costs, what may make them unique, and the pros and cons of using them for your gold or precious metals purchases. Ultimately, the information we will give you in this review will help you to make informed decisions about doing business with 7K metals.

7k Metals did not make our list of the top gold dealers or top five gold IRA companies when we reviewed them.

Our top five recommended gold IRA Providers are:

  1. Augusta Precious Metals
  2. Goldco
  3. American Hartford Gold
  4. Birch Gold
  5. Noble Gold Investments

If you would prefer to request further information, click the links above to get their 2023 gold investment kits instantly.

7k Metals Review
charles schwab gold ira account alterbative

Seven K Metals

Introduction to 7k Precious Metals

Seven k Metals is an MLM (Multi-level Marketing) company founded in 2016 by entrepreneurs; Roger Ball, Richard Hansen, Zack Davis, and Josh Anderson. The company is based in Idaho.

An MLM program is a business model that allows companies to sell products or services through a network of independent contractors or "distributors." These distributors are typically compensated for the sales they generate and the sales of the other distributors they recruit into the program.

When you first purchase any precious metals through 7 k Metals, you can join their MLM program and recruit additional purchasers in your network. You are best not to target the average person but instead try and attract wealthy people to your multi-level marketing business. The gold industry is competitive, so attracting the right kind of person is vital to earn reasonable weekly commission payments.

You will earn a commission on any purchase or sales they make and the other people they recruit into their network.

Most people have criticized the MLM model for being a pyramid scheme. While it is true that MLM programs often incentivize participants to recruit new members into the program, not all MLM programs are pyramid schemes. Some legitimate MLM programs have been very successful and helped launch the careers of many successful entrepreneurs.

7 k Metals sells various precious metal coins and bars, including gold, silver, and platinum.

The company offers its members the opportunity to buy products at discounted prices. It also provides storage and shipping services for the metals you may buy from them. The purchase, ship, or store options make investing in precious metals through the 7k Metals group quick and easy.

Seven K Metals aims to increase financial security among Americans worldwide by allowing them to recruit and expand their network. They then allow members to sell their products at competitive rates. 7K Metals offers all these while providing their investors with peace of mind knowing they are protected no matter what happens.

The challenge with any MLM schemes or any MLM products is you. As an MLM marketer, you need to sell to real people. These people are likely to be your friends and to make sales, you will not be working in the retail sales arena.

You will ask your friends and acquaintances to buy physical or tangible products. That is the whole purpose of a Network Marketing Company. However, one advantage of 7k Metals is that they have decent products at competitive prices.

How Does 7k Metals Work?

As mentioned earlier, 7 K Metals is an MLM or direct sales company. It means you earn points and money as recruits become members and purchase paid memberships. The points create a downline of distributors below them and an upper level of distributors above them.

The benefits of MLM companies are that it allows members to make money by recruiting other members, and it allows members to earn commissions on the sales of products to other members.

However, the risks of MLM are that it is often difficult to make money, it is easy to lose money, and it is often difficult to sell products to other members.

You're paid out on a restricted point system for every 7k Metals product you sell.

gold ira pros and cons

Seven K Metals Management Team

Seven k Metals runs a high-level precious metals MLM (Multi-Level-Marketing) business model that offers gold and other precious metals for investment purchases. The company stands out from its competitors because they operate as a legit network marketing company. 7K Metals MLM's business model gives it additional purposes aside from just being a precious metals company

Josh Anderson founded the company with Robert Ball, Zack Davis, and Richard Hannsen in 2016 at 3640 S Yellowstone Hwy, Idaho Falls, ID 83402, USA. Each of these has experience with MLM companies in the past.

seven k meatls review by josh anderson founder

Moved from running a training company (Black Ink International), a Multi-Level-Marketing training company, to forming 7k Metals.

7k metals reviews by co founder roger ball

A serial entrepreneur, having founded several companies, including JD Premium and Paycation. Paycation is a travel business, and JD Premium is an Internet Services Company.

7k metals zack davies costs and fees comment

Founded Boo Weekly Beef Jerky and R Range Trading in 2011 and 2012, respectively. In 2013, he managed Partner Freedom Royalties LLP and then went on to establish Gravity Factory in 2016.

richard Hansen co founder of 7k metals

Richard Hansen

As a numismatic expert and precious metals enthusiast, Richard wanted to give people much easier access to rare coins with high value. 

From what we can see of the top management team's previous experience, they have a wide variety of business experience. However, they have minimal experience in the gold and precious metals business.

Although some are MLM experience marketers and trainers, does this make this a safe company? You make up your mind after reading this review till the end.

Services & Products Offered By 7 k Metals

7 k Metals sells precious metal products like gold, silver, and platinum. It ranges from coins, bars, and pieces of jewelry, which you can buy per piece or by weight.

The company also offers storage and shipping options for metals, making them convenient for investors.

Here is the list of products 7 k Metals offers to its members and investors:

  • Gold bars and coins
  • Gold jewelry
  • Silver coins and bars
  • Silver jewelry
  • Platinum coins
  • Plastic Slab Holder Box
  • 7k merch
  • Silver Bars

To provide an easy browsing and shopping experience, Seven k Metals divides its products into four categories:

7k Selected

The 7k team has created a collection of products specifically for those who want to invest in items with an expected return later. The goal is making money, preserving capital, and ensuring stability through investment opportunities.

Dealer Direct

Anyone who purchases a membership plan will get discounted prices and discounted costs for buying items in bulk. These discounts will help generate a disposable income and create a sustainable passive income stream through this multi-level income opportunity.

7k jewelry

The company presents an assortment of jewelry made from silver and gold, and its prices vary according to the product. It is usually competitive compared to the pricing of similar jewelry that jewellery stores offer.

7k Gear

From jewelry to clothing, you'll find a range of non-metal products like clothing items and accessories like sweaters, t-shirts, and backpacks.

Travel Savings Card

To become an official member, clients must also purchase a Travel Savings Card. Clients are given a card that offers them travel perks, from getting discounts to finding the best travel deals.

Prices of travel cards vary depending on the membership package you applied for. Basic members must pay $250, whereas premium members must pay $500. Travel card fees must be paid on top of their initial membership fees.

However, even if you avail of memberships, there is no assurance that if you sell precious metals, you will have the ability to turn your invested money into profit. Once you decide to invest with 7 K Metals, you still need to put in extra effort so your money can grow and gain profit.

Membership Plans

7 k Metals memberships are a great way to get discounted product prices. Memberships come in 2 different levels: basic membership and premium membership.

Basic Membership

As a primary member, you get discounted prices on products, purchasing items in bulk, and buying precious metals. The basic membership costs an annual fee of $250. You also could become a 7k dealer and earn commissions on sales generated by your recruits.

Premium Membership

The premium membership fee costs an annual fee of $450. Each membership also comes with a substantial number of classes on recruitment and team reinforcement.

As a premium member, you get all the benefits of the regular membership, plus additional benefits like:

  • 1-year Business Builder credit: this includes tools you can use to track your team and build your network.
  • Medallion
  • World coin
  • Silver coin
  • Silver eagle coin

How Do The 7k Memberships Work?

If you are an American resident, signing up and creating an account is easy. You can sign up for a membership on the 7 k Metals website by submitting your relevant information, including your social security number. For a non-American associate, you must submit proof of residency and tax status in the country you live in or are registering from.

Once you've completed the sign-up process, you can log in and shop for discounted products.

As a 7 K Metals member, your first step is to decide on a starter pack. Starter packs offer three different options, all of which have slightly different pricing. Try opting for options consistent with your long-term objectives and current finances.

Once you've selected the starter kit, you will be offered monthly deliveries of your assets. You may choose to either purchase gold or silver bullion and other products.

In addition, you need to use an AutoSaver coin. This feature supplies automated monthly transactions, which makes the entire process simpler. You don't need to remind yourself of your purchases or examine the marketplace constantly.

If you are comfortable with the price of precious metals, you can preserve them or sell them at a higher price.

Is Getting a Premium 7k Metals Membership Worthwhile?

Although the membership perks are enticing, you can receive the same discounts from other precious metals dealers. You can get them without paying any membership fees.

This choice is not the best for those who wish to open a small business. It is also not a good option for foreigners or Americans who live outside the US.

What Makes 7K Metals Unique?

7 k Metals is unique because it offers membership packages that allow its members to become 7k dealers and earn commissions on sales generated by their recruits.

7 K Metals uses a simple binary framework to reward active members. You can earn revenue in several ways with 7 k metals. It includes:

Become a Member and Buy a Travel Savings Package

The membership package will give you access to different benefits, like discounts on products and services and training classes on successfully marketing the company's products. You will also be able to participate in the company's marketing programs to earn a commission on every product you sell.

Recruit Other People To Become Members

As a member, you will get a unique link that you can use to invite other people to join 7 k Metals. When they sign up using your link, they will be placed in your downline, and you will earn a commission on their membership fees and any products they purchase. The more people you recruit, the more money you can make.

Sell Products Directly To Customers

7 k Metals offers a wide range of products that you can sell, including jewelry, gold coins and bars. You will earn a commission on every product that you sell.

Become a 7k Dealer

As a dealer, you can buy precious metals products wholesale and resell them at retail prices. You will also be able to earn residual commissions on the sales of products that you generate.

7K Metals Promotions and Special Offers

As part of discussions with 7k Metals, we asked them if they had any promotions, special offers, discounts or coupon codes they could offer our readers if they were to open a gold IRA. They told us that, at this stage; they did not have any offers they could make available to us.

Special promotions can make starting a precious metals IRA much more profitable; if you would like to get one of the best IRA promotions currently available of up to $10,000 in free silver for qualifying customers, our number two recommended Gold IRA company, Goldco, is the one to look at. See if you could qualify for up to $10,000 in free silver. Just click the banner below.

free $10,000 in silver

How Do Customer Review Sites Rate 7k Metals?

BB Review and Customer Testimonials

7k Metals BBB Rating


BBB currently has 52 ratings for this company scoring 4.5 out of 5 , the company has only had one compliant registered with BBB in the last 12 year and this was registered within the last three years.

Business Consumer Alllience Review
This is a block of text. Double-click this text to edit it.

No Current Rating

No Current Rating

Google review

3.8 score out of 5

On Google there are currently 38 reviews of these a quarter are one-star reviews

Facebook Reviews

5 Stars out of 5

This was a very small sample of reviews as we could only find 4 verified reviews

Trustpilot Reviews

3.8 Stars out of 5

Again this was a tiny sample as there are only 2 reviews of 7k metals on Trustpilot currently

7K Metals Lawsuit

As far as we can see from our research we have found no class actions or lawsuit pending against the 7k metals gorup.

7k Metals Pros And Cons

7k Metals offers discounted product prices and commissions on sales to its members.
Members can make money by accumulating residual income from the sales of their downlines
You can learn to sell gold through the company, even in a limited market
7k Metals has a simple binary compensation plan that is easy to understand
You will enjoy financial independence by participating in their AutoSave program.
With the type of MLM business model operated, it is often difficult to make sound money
Like most MLM companies, a vast majority of the company's members fail or drop out of the scheeme 
The way to make money is by recruiting other members, which can be difficult
The membership fees are pretty high
The business owners have been involved in previous pyramid scheme legal issues involving millions of dollars

Conclusion - How to Get Started With 7k Metals

7K Metals stands out from the competition because of its MLM marketing strategy. Getting a membership with the company is great if you want to make extra money as a pseudo-precious metals dealer.

Although 7k Metals provides a valuable service to the precious metals market, there are several red flags that you need to avoid. One of them is the previous legal issues its founders have had in the past years from their MLM business models.

Many other dealers have a better reputation and will provide you with the best customer service possible. For instance, our top five 7k Metals alternative companies are listed in the next section.

We hope this article has helped you make an informed decision about your gold IRA investment. However, ensure you do your research and choose wisely – your retirement savings depend on it!

Top Five 7K Metals Alternatives

Goldco best ira company review

Goldco is our second top-rated gold company in the Precious Metals Industry. Having been top-rated last year, they were close to Augusta Precious Metals.

  • Great promotional offers
  • Offers a wide range of quality gold and silver bullion products.
  • BBB-accredited business
  • Pricing is highly competitive
  • Educational program second to none
  • FREE gold investment guide in the industry
  • High buyback prices
  • Thousands of positive reviews and ratings on BBB and BCA.
  • Expert guidance provided by the team
  • First years fees waived for new customers

Get more information about Goldco here.

augusta Precious Metals

Augusta Precious Metals is our best-rated overall precious metals company.

  • Customer care is exceptional
  • Pricing is highly competitive
  • They sell every popular silver and gold coin.
  • Gold educational program second to none
  • Thousands of positive reviews on trusted consumer rating websites.
  • The best investment guide in the industry
  • Zero complaints on BBB & BCA.
  • Free shipping on all orders

Get more information about Augusta Precious Metals here.

Hartford American

American Hartford Gold is our third top-rated precious metal dealer.

  • A leading and trusted brand in the industry
  • A family owned and run business
  • Excellent customer service
  • Buyback guarantee
  • Free shipping
  • Promotional offers for new customers
  • Transparent about the cost
  • Diligent when it comes to compliance

Get more information about Hartford Gold here.

Birch gold reviews

Birch Gold is our Fourth top-rated precious metal dealer.

  • Top ratings from national consumer agencies.
  • Opportunity to invest in palladium and platinum.
  • For investments above $50,000, no fee in the first year.
  • Exceptional customer service, support, and advice.
  • A strong market presence and a history of nearly 20 years.

Get more information about Birch Gold here

Noble Gold is our fifth top-rated precious metals dealer.


  • They have high ratings on more than one trusted customer rating site.
  • Their team of investment experts will give you detailed guidance to make the perfect choice for your gold investments.
  • They offer competitive prices.
  • They have a wide selection of gold IRA investments.
  • Their minimum initial investment is $2000.
  • They give their customers a free gold IRA rollover guide.
  • They have their IRS-approved storage facility in Texas.

Get more information about Noble Gold here.

Conclusion 7k Metals Review

7K Metals stands out from the competition because of its MLM marketing strategy. Getting a membership with the company is great if you want to make extra money as a pseudo precious metals dealer . Although 7k Metals provides a valuable service to the precious metals market, there are several red flags that you need to avoid. Many other dealers have a better reputation and will provide you with the best customer service possible. We hope this article has helped you make an informed decision about your gold IRA investment. Do your research and choose wisely – your retirement savings depend on it!

Frequently Asked Questions About 7k Metals.

Is 7K Metals the Best Company for Investing in Precious Metals?

At Bearlakegold, we review gold and silver companies to provide you with the best ones to invest in precious metals through. In our professional and unbiased opinion, based on the information we got about 7k metals, it is a good company. However, it is not the best for precious metals investments. Hence, we will not recommend it. We have provided complete details about why and how we reached this conclusion about this precious metal company. Thus, read the full document to find out more about them.

Suppose you are looking for the best gold and silver company to invest in. Please do business with the best and top five recommended companies below.

1. Augusta Precious Metals
2. Goldco
3. American Hartford Gold
4. Birch Gold Group
5. Noble Gold Investments

These companies are the best in the industry and have had their customers say positive things about their offerings and promotions. To know more about them and what their customers say, please click their links to download their full reviews.

Is 7K Metals a Legitimate Company?

7k Metals is legit. It is a real precious metals business that sells gold and other precious metal products to interested investors. However, it operates an MLM business model. Over the years, this business model has been associated with fraud and legal issues, even in other companies. Hence, while it is a legit company, its MLM business model is something every serious-minded investor should worry about.

How Do 7K Metals and Its Distributors Make Real Money?
The primary source of the company's income is its sales through independent distributors' networks. As a distributor, you will earn commissions by selling precious metal products to others and recruiting new members to become distributors.

Get In Touch

This field is for validation purposes and should be left unchanged.
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram