A Warning To The Silver Community

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SalivateMetal

SalivateMetal

Күн бұрын

Пікірлер: 375
@goodhumorman1252
@goodhumorman1252 7 жыл бұрын
I was lured into Amway in the 70's and 1 1/2 years later, after sponsoring over 20 couples, my wife forced me to quit and tally up all our losses of time, money, energy and empty promises that never came to fruition. These schemes are great for the few that start the gimmick initially but not so fruitful for those brought in down the line. I do not recommend MLM's unless you have a lot of time and money to waste. I will continue to purchase silver from legitimate bullion companies like AMPEX and JM.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Amen and great testimony. My parents got involved as well and had the same experience. Well said.
@LanieHasquin
@LanieHasquin 8 жыл бұрын
This subject really annoys me because the people that are usually targeted are people that NEED the extra income that these programs say you can get. It's awful. MLM is the last place people that are in need of extra income should go and a lot of these programs don't care, they would take your last dime if they could and leave you high and dry. Thank you for sharing this Sal because this is an alarming subject that really needs to be brought to the surface. I would really hate to see someone in the community fall for this because the only people that benefit are the ones at the top of the food chain.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
I totally agree. It's a subject that has been on my mind for a while to do a video on, but your podcast on the subject really inspired me to make a video on this and to get people to hear your perspective on it as well because of your experience in legitimate ways to make extra money. So, thank you for all you do!!! You're the best!
@archygrey9093
@archygrey9093 3 жыл бұрын
They don't just take your last dime, they often pressure or guilt trip poeple into taking out loans or maxxing out credit cards.
@24KArabiaFelix
@24KArabiaFelix 8 жыл бұрын
look mate its simple, you send me 1 ounce of gold and find 10 others to send me 1 ounce of gold and you will make 10 ounces! and the same applies for the 10 you brought in as long as they find 10 others you make 10 ounces!!
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Exactly!! Well said. Excellent way of explaining it!
@FractionalStacker
@FractionalStacker 7 жыл бұрын
So where do I send the ounce? lol
@FirstLast-su3ke
@FirstLast-su3ke 7 жыл бұрын
Fractional Stacker To me!
@bRadicalmagic1
@bRadicalmagic1 7 жыл бұрын
You sound completely LOST ! ! !
@roysheaks1261
@roysheaks1261 6 жыл бұрын
Yep, typical pyramid scheme.
@lowpross11
@lowpross11 7 жыл бұрын
I was involved with a PM MLM company a few years back. My gut told me to stay away, but additional income swayed me. Needless to say, the company went under. Unfortunately, not before they ripped off people who made their last orders with them. Never again.. Great video! I hope a lot of new stackers take your message seriously.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Thank you sir. Yeah, most of these MLM companies don't last long because of the very nature of "network marketing"
@stefansmythe8730
@stefansmythe8730 7 жыл бұрын
Send $10 for book that tells you how to avoid scams. Buy two and be doubly protected.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
lol
@Puppyplay1
@Puppyplay1 8 жыл бұрын
"Recruit others to take advantage"...glad no one in our community does that, lol! We may not have any multi level marketers, but we sure have some single level ones! Some of the channels in our community are like dam infomercials!!!!
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Very good point. I guess we can include the pumpers out there. But, the difference is that they aren't trying to trick you into Ponzi scheme . Worst case scenario, they sell you on buying silver or gold and it goes down in price.
@emperorofsilver6028
@emperorofsilver6028 7 жыл бұрын
SalivateMetal Yes you are right salivate metal, the pumpers are selling many stackers a virtually impossible dream. I stack silver to preserve wealth and to double my net worth every 7-8 years. If buying and holding for the long term, saving them for the future, silver and gold are relatively less risk compared to stocks and other investments. Also they tend to rise during economic and political uncertainty. Yes, a huge massive stock market crash may happen causing silver and gold prices to hit 1,000 and 10,000 dollars per ounce respectively, however that is not the most probable scenario and the pumpers sell these get rich quick dreams to people.
@trucklife7143
@trucklife7143 7 жыл бұрын
I was approached by a customer of mine with this BS I didn't go with him cause I picked up on the BS quick so I did my own research on stacking these metals and this is how I got started I'm about 2 months inn . So good video man warning everyone on those schemes they are no good . Thanks
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Thanks for sharing your story and being able to sense that it was bad news.
@hyda3134
@hyda3134 8 жыл бұрын
Thank you! New to stacking and there's some videos out there about how much free Silver a certain KZbinr is making. I didn't fall for it but it sure sounded good. "If it sounds to good to be true it probably is". The silver community seems to be a great community to be a part of. Love that people like you are looking out for us!!!!!
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thanks my friend. Welcome to the community. Yes, if it sounds too good to be true, then it is. BTW, there's nothing wrong with selling silver and gold in the community, as long as it's not high pressure or tied to some other "opportunity" or "team".
@freetolook3727
@freetolook3727 7 жыл бұрын
Send me one ounce of silver for the silver level of marketing, one ounce of gold for the gold level, or one ounce of platinum for the platinum level. Guaranteed results.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
lol Exactly!!
@Chrisinsocal
@Chrisinsocal 3 жыл бұрын
Darn, my pyramid scheme got exposed! Now I am going to accidentally call Sal to get him in on it and he’s going to troll me like he does all the other telemarketers 😂😂😂
@SalivateMetal
@SalivateMetal 3 жыл бұрын
I am responding to your comment verbally on a live stream at this very moment!
@TomokosEnterprize
@TomokosEnterprize 8 жыл бұрын
I was almost a victim of being drafted into one of these and it was almost hard to get them to back off and leave me alone. Thanks for this my friend !
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Yes, they can be really high pressure for sure. Glad you were able to get out of it. Sorry it happened to you.
@TomokosEnterprize
@TomokosEnterprize 8 жыл бұрын
I'll send ya a thing on who it is.
@h2oquality2010
@h2oquality2010 8 жыл бұрын
I dispise pyramid schemes with these multilevel marketing. I was approached at my gym to sell a product that I was interested in purchasing and I immediately spotted what it was all about. Flames came out of my mouth on that person and I torched him good by calling out what it was....a Bernie Madoff style pyramid scheme. Shame on all these pyramid pushers. Thank you for the heads up Salivate Metal. Will listen to video in link as well.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Yeah, it really is poison and deserves a good torch and verbal flame throwing. Well said Domo!
@CyberCurtainTwitcher
@CyberCurtainTwitcher 8 жыл бұрын
Thanks for the info. I haven't seen any as of yet, but I'll keep an eye out for it.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
I'm surprised as I think the largest MLM company involved with silver is based out of the UK. However, they are heavily marketing in the US now. Thanks my friend.
@CyberCurtainTwitcher
@CyberCurtainTwitcher 8 жыл бұрын
Wow! From the UK eh!
@Puppyplay1
@Puppyplay1 8 жыл бұрын
CyberCurtainTwitcher There are enough infomercials within our own community to waste your money on. Who needs pyramid schemes, lol!
@CyberCurtainTwitcher
@CyberCurtainTwitcher 8 жыл бұрын
Lol, so true!
@iamgogi
@iamgogi 7 жыл бұрын
I am surprised no one blamed the Russians yet.
@killerdemo
@killerdemo 7 жыл бұрын
where do you resell bars? coin shops? do they gauge you like pawn shops?
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Yes, or on eBay. Never pawn shops. They will not give you what it's worth.
@helloqtip21
@helloqtip21 8 жыл бұрын
My sister is currently involved with WFG, a MLM company... She did not heed my warning, now I'm sure she spent more time and $$$ in that company than it paid her...
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Yes, in too deep I'm sure. Too bad. She should've heeded your advice.
@ikeo1
@ikeo1 8 жыл бұрын
helloqtip21 some people make good money with this. I got licensed but after reviewing the numbers I didn't like what I saw and bailed. I could never bring myself to sell people something when there were better offerings.
@coincollectingfun
@coincollectingfun 8 жыл бұрын
Great information my friend! I've seen so many people pour their heart, souls and time into multi level marketing and fail miserably.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Yes. I have as well. Thank you for watching sir!
@silversam1336
@silversam1336 7 жыл бұрын
Great video!!! You would think with all the info out there that the public wouldn't be taken in time after time. But...did someone say "easy money"?
@SalivateMetal
@SalivateMetal 7 жыл бұрын
I agree. That's why I felt compelled to make this video.
@corndogg4279
@corndogg4279 8 жыл бұрын
the only way you make money at any multi level marketing is to be the guy on top everyone else is getting scammed (wish I would have thought of this one)
@SalivateMetal
@SalivateMetal 8 жыл бұрын
That's exactly right!
@silverimp9110
@silverimp9110 8 жыл бұрын
Buy from Provident. I have not sold there but would recommend checking it out. Local LCS great place to sell generic and ASE.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Excellent advice!
@AngusMurray
@AngusMurray 8 жыл бұрын
thanks for looking out for us
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thank you my friend.
@mattlangstraaat3508
@mattlangstraaat3508 8 жыл бұрын
thank you for looking out.. your a stand up guy.
@colonicstacker1683
@colonicstacker1683 8 жыл бұрын
yes...Salivate is great and really cares for the community!
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thanks so much my friend. I appreciate your kind words!
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thank you sir. Means more to me than you know.
@VaxelVlogs
@VaxelVlogs 8 жыл бұрын
i noticed that you watched my shoutout video from mp and i wanted to say thanks! i am a new subscriber to your channel
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Awesome. Thank you!!
@MrMonkeySwag96
@MrMonkeySwag96 8 жыл бұрын
Ah yes, I remember when NumisNetwork was a thing. They have people who aren't knowledgeable about coins become "coin dealers" selling overpriced bullion coins in ANACS slabs. I remember that company selling slabbed MS70 ASE for $200. Nowadays, you see these people marketing Karatbars.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Yes, very true. NumisNetwork essentially turned into ISN.
@TheSilverSlacker
@TheSilverSlacker 8 жыл бұрын
Great view bud :) I agree this is definitely something to watch out for.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thank you sir. Yeah, just want to warn people.
@massachusettsprepper
@massachusettsprepper 8 жыл бұрын
Yes my friend I know this scheme all too well as I have done Amway, Herbalife, Excel long distance service. Fortunately for myself I was able to make money in all three. But you're right it is a scheme where those at the top get richer and those down in the working ranks don't do so well unless you're extremely lucky. So personally if I sing one of the silver multilevel marketing things I would run. Thanks for sharing.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Yes, you are right. Those at the top do well and if the downline spreads out beyond your sphere of influence, then once could be successful at it. Excel long distance was the one I was involved in too.
@jctai100
@jctai100 8 жыл бұрын
A good friend of mine is always in these schemes and has tried to recruit me over and over. I say my piece but he never listens and I end up shaking my head over and over.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
I hear ya. I've been pitched by friends for many of these schemes too. Good for you for holding your ground.
@goldbearbunny4787
@goldbearbunny4787 8 жыл бұрын
thanks for haveing our intrest in mind sal your the best
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thank you my friend. I appreciate you and the viewers. You're are the best. Thanks for all you do!
@billmich123
@billmich123 8 жыл бұрын
Great vid sal! Over the years, I swear I've been targeted 100 times by different MLM "opportunities " . I bit on a few in my early, eager years and learned lots a different things about shit I couldn't care less about. Something about the whole MLM indoctrination has a Jim Jonsey feel to it. I'm out for life, regardless the product.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
I'm glad you didn't drink the "Kool Aid" my friend. It is very cult like indeed.
@MrVegiita
@MrVegiita 7 жыл бұрын
I have not seen precious metals MLM opportunities recently, but saw a few of them back in like 2013.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
I remember seeing them then too. But, they have increased a bit since then.
@LibertarianRunner
@LibertarianRunner 8 жыл бұрын
Off topic but I request an up close look video of that Geiger 10 oz bar with toning sans plastic, looks cool!
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Cool. I may do that. Not many are shown without the plastic. I purchased this one for not a lot over spot at the time without it's original plastic. This is the older style
@LibertarianRunner
@LibertarianRunner 8 жыл бұрын
SalivateMetal right on! They really do look great but don't always get appreciated for their looks since they come with snug plastic which doesn't add too much bulk for storage.
@Manolo619
@Manolo619 8 жыл бұрын
How sad that people delude themselves with these money hungry cults Sal! Thanks for keeping us informed sir!
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thank you sir. Yeah, the slick salesmen of these MLMs know how to seek easy prey.
@MrZeke
@MrZeke 8 жыл бұрын
had one of them come into the shop a while back about the 1 gram gold bars in the assay cards. Can't remember the brands, he was talking about how they are trying to get retailers to start taking it as currency, lol.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Probably Karatbars. Thanks MrZeke!
@MrZeke
@MrZeke 8 жыл бұрын
That was the one.
@somebluntdude
@somebluntdude 7 жыл бұрын
What's karatbars again? I swear I've heard that name before a long time ago
@ladylibertystacker2014
@ladylibertystacker2014 8 жыл бұрын
I have neve believed in multilevel marketing or profiting from friends. It just goes against my grain. Thanks for the public service announcement!
@SalivateMetal
@SalivateMetal 8 жыл бұрын
You are a smart cookie! I just wonder what flavor you are. You seem like a chocolate chip gal. I love chocolate chip cookies!
@ladylibertystacker2014
@ladylibertystacker2014 8 жыл бұрын
SalivateMetal Love 'em, my favorite kind!! ;-)
@Stokjockey
@Stokjockey 8 жыл бұрын
MEOW, Don't eat the GMO Cookies
@silverhustlin1390
@silverhustlin1390 7 жыл бұрын
Its all GMO now Stok!
@ladylibertystacker2014
@ladylibertystacker2014 7 жыл бұрын
+Stokjockey +SilverHustlin13 The ONLY way to go non GMO is to use ORGANIC flour and other ORGANIC ingredients and make them YOURSELF! Thanks for the reminder. My oatmeal raisin cookies rocked. I should dig out the recipe.........
@silverhairstacker8664
@silverhairstacker8664 8 жыл бұрын
Thanks for the information buddy! I did not realize that Pyramid schemes had made their way into the stacking community! Personally I would not do business with any stackers......... Have you noticed how nutz we all are??
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Oh yes, I'm probably considered a top nut. lol
@davidaaa6427
@davidaaa6427 8 жыл бұрын
lol
@silverhairstacker8664
@silverhairstacker8664 8 жыл бұрын
You laugh because it's true! HAHA!
@davidaaa6427
@davidaaa6427 8 жыл бұрын
silverhair stacker And because your funny also Mr.Pops. :-)
@michaelargenta1846
@michaelargenta1846 7 жыл бұрын
arrrrrrrrrrrr!!!!!
@Beachbumartist
@Beachbumartist 8 жыл бұрын
Yean man it really sucks when people fall for that kinda stuff. My aunt used to sell Amway when I was kid for years. Thanks for telling others about this kinda crap that goes on. Like P. T Barnum never said but is quoted as saying "There is a sucker born every minute"
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Very true. I had family involved with Amway and other MLM as well. Lots of time and money spent for nothing.
@squishyplums2415
@squishyplums2415 8 жыл бұрын
This multi-level marketing stuff is complicated and shady. I just avoid multi-level marketing anything. Buy and sell directly to legitimate bullion dealers. Safer and simpler.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Exactly. Any kind of MLM is shady for sure.
@slackerstacker6274
@slackerstacker6274 7 жыл бұрын
Love you videos. I really like that intro. Keep em coming!!
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Thank you so much for your kind words. Means a lot! :) Will do.
@JohnnyStax
@JohnnyStax 7 жыл бұрын
Thanks for the Info Sal as i appreciate it very much Thanks
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Sure thing. Thank you for watching.
@iamgogi
@iamgogi 7 жыл бұрын
Excellent video, Sal. The talk is very slick but the payoff math never adds up. Many people have to lose for someone on top to get rich.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Exactly right my freind;.
@sonicice8340
@sonicice8340 6 жыл бұрын
Where do you get your capsules??
@SalivateMetal
@SalivateMetal 6 жыл бұрын
I am replying to your comment verbally on a live stream and shouting you out!
@laladoodieincarnate
@laladoodieincarnate 8 жыл бұрын
I say just seek out the silver providers yourselves. I look to trustworthy companies such as APMEX. I started by going on ebay to buy circulated constitutional silver quarters and dimes. the peace dollars and morgan dollars i hear of counterfeiters and dont want to risk getting a fake or overcharged for the real thing.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Exactly. Always good to buy from a reputable company or trusted source.
@TheRetiredVeteran
@TheRetiredVeteran 6 жыл бұрын
Either silver has to come up in price or gold has to go down in price, not both. Either way, you sell your silver and buy more gold. Just a thought.
@SalivateMetal
@SalivateMetal 6 жыл бұрын
I am replying to your comment verbally on a live stream and shouting you out!
@parttimepreppers9907
@parttimepreppers9907 8 жыл бұрын
Thanks for the Heads up Sal......you sold us on this topic! 👍
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thank you my friend. If multi level marketing works, I have a multi level garage in Brooklyn I could sell you. lol
@AngusMurray
@AngusMurray 8 жыл бұрын
My local mint, I buy one coin and they send me brochures for many months trying to get me to buy again ;)
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Yes, that is a different kind of tactic. But be wary of all kinds for sure. Any high pressure sales is not good.
@AngusMurray
@AngusMurray 8 жыл бұрын
SalivateMetal ok
@LeeEngle
@LeeEngle 7 жыл бұрын
You do a superior job of pushing half truths and generalizations - I admire your skill. Your inability to differentiate between pyramid schemes and direct marketing / multi level marketing is phenomenal. You do make some good points which have to be gleaned from the field of creative truths.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
MLM is essentially a legal pyramid scheme. The ONLY way to make money is to sell the idea of selling to compete with yourself and other WELL established entities selling products DIRECTLY to the public. It is a failed system. Your comment is a superior generalization without actually substantively defending MLM, which is not direct marketing no matter how you slice it.
@khankrum1
@khankrum1 6 жыл бұрын
I only buy from sources that I know and have a solid relationship with. Ok, I may not get the " bargain of a lifetime" but I do get security. I am not in it for a fast profit, I am in it to encourage my grandchildren into building up generational wealth.
@SalivateMetal
@SalivateMetal 6 жыл бұрын
I am replying to your comment verbally on a live stream and shouting you out!
@schmonkeeshomky5386
@schmonkeeshomky5386 8 жыл бұрын
Video request: coin apps. Which are good? Which are crap? I can't find one where I can take pictures of my coins etc and keep track of everything in an app. Maybe you could do a video on an app here or there
@SalivateMetal
@SalivateMetal 8 жыл бұрын
I did one a while back called Boxes. It's not specific to coins, but it's great for keeping inventory on coins and collectibles. Might research some others as well.
@roysheaks1261
@roysheaks1261 6 жыл бұрын
The only thing precious metals should be used for is a hedge against hyper inflation. Otherwise, it can become too risky, as is any other gamble.
@SalivateMetal
@SalivateMetal 6 жыл бұрын
There is a collectors market out there too. Though risky at times, the enjoyment can far outweigh the risk in many cases.
@silverhustlin1390
@silverhustlin1390 7 жыл бұрын
This community itself could use some policing!
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Very true. I need some myself!
@JulianBullion
@JulianBullion 6 жыл бұрын
Great video I can't believe people still fall for this. Thanks for sharing.
@SalivateMetal
@SalivateMetal 6 жыл бұрын
I am replying to your comment verbally on a live stream and shouting you out!
@argentumtaibhsear621
@argentumtaibhsear621 8 жыл бұрын
I guess it might be an issue to new PM stackers but I don't even fall for my dealer's deals. I do the math on every purchase to ensure I'm getting what I paid for. There was a huge fee on bullion account transaction and I almost made a stink about it but I realized the fee was the dealer's commission on spot, not on the price I paid. "$2 per ounce as a fee FUCK THAT! Oh wait, that's still lower than the price I pay my personal stack, nevermind."
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Very good. You are a smart buyer.
@stackingnpacking946
@stackingnpacking946 8 жыл бұрын
Great video Sal and thanks for the heads up!
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thanks my friend!
@jackstackandsilverho3122
@jackstackandsilverho3122 8 жыл бұрын
Thanks for the warning. Speaking of scams, if Trump drains the swamp, will that swamp land I bought in the 80s be worth something?
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Yes, because it won't have all that stagnant water and crap in it. lol
@silverseoulman1704
@silverseoulman1704 7 жыл бұрын
These "multi level marketing operations" are awesome😉 It's how I make a living and buy all my precious metals!!!! Thanks for the vid Sal so I can check 'em out lol
@SalivateMetal
@SalivateMetal 7 жыл бұрын
lol Just doing my part to promote MLM throughout the land. lol
@LarsonFamilyFarm-LLC
@LarsonFamilyFarm-LLC 8 жыл бұрын
Thanks...I saw those MLM silver companies pop up too...i always thought is was a bad idea for anyone to acquire silver or gold via that option. It's expensive and WHY would you want to "beat down" others to be on top to get the best prices. Help you fellow citizens out by directing them "directly" to the established reputable silver sellers.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Exactly right sir!! Well said!
@donaldinnewmexico
@donaldinnewmexico 8 жыл бұрын
Hi Sal, Right on the money! Thanks, Donald
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thanks my friend!
@tomelew8465
@tomelew8465 7 жыл бұрын
Took down my post, as you were correct- I could have made my point in a more polite fashion.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
No worries. Thank you sir. I appreciate your thoughtfulness and I certainly welcome differing points of view.
@Anonomush_oranges
@Anonomush_oranges 7 жыл бұрын
I first saw this scheme in the mid-90's. My then girlfriend got this slick brochure from a co-worker. It was to sell gold Eagles, I think the 1/10oz, at about 3x what you would pay from normal channels. As a coin collector, I warned her and warned her but she bought into it anyway with a large sum of money. She then had to recruit like 5 people to get income from them, if they sold anything. Of course, she couldn't find 5 people who knew nothing about coins to buy in. I think she lost $700 and never even saw a gold coin, which was worth maybe $80 back then. However, I married her anyway. She learned her lesson. So I guess this has resurfaced.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Wow. I never knew there was a precious metals MLM company back then. What was the name of the company if you don't mind me asking and congrats on your marriage. Super cool. Now she is wiser.
@Anonomush_oranges
@Anonomush_oranges 7 жыл бұрын
Don't remember. Too long ago.
@rex0003
@rex0003 8 жыл бұрын
Good info. Now what I need you to do is send me $100 for this magazine that tells more about it...but you can actually make money. All you do is recruit another 5 people to buy that magazine and before you know it.....lol
@SalivateMetal
@SalivateMetal 8 жыл бұрын
You just tell me where to sign and I'm there!! lol :)
@silvergoldstacker4326
@silvergoldstacker4326 7 жыл бұрын
Is that your real voice? Always wondered
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Straight from my vocal chords!
@danny_boy9062
@danny_boy9062 6 жыл бұрын
A job is a real pyramid. How many CEO'S are there compared to employees.. and how do you get promoted in some cases, either the person above you retires, get fired, or passes away
@SalivateMetal
@SalivateMetal 6 жыл бұрын
Yes, but that's where it ends. It;s based on Merit, not on how many books you buy or screwing over your downline. A job is what it is. MLM is a scam.
@oftheearth
@oftheearth 8 жыл бұрын
Never ending supply of consumers to sell consumers their consumables ~>
@SalivateMetal
@SalivateMetal 8 жыл бұрын
lol Well put. lol
@32ndBrother
@32ndBrother 7 жыл бұрын
MLM requires you to contact a massive amount of people. First rule of stacking...keep your mouth shut!
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Well said!!!! VERY good point!
@coinsshow753
@coinsshow753 7 жыл бұрын
VERY WELL SPOKEN SAL THANKS FOR THE WARNING VERY TRUE
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Thank you my friend!!
@SilverMac47
@SilverMac47 4 жыл бұрын
We had two guys come to our coin club promoting a pyramid scheme. Mike Ellis who is the Governor of the American Numismatic Association let them have it. It was hilarious. Mike Ellis if you don’t know who he is look him up. He is a good dude. He also helped edit one of the books The Cherry Pickers Guide. He is a long time member of our coin club as well. He is a really chill guy, This video reminded me of him getting bent out of shape that day. 😂🤣😂
@SalivateMetal
@SalivateMetal 4 жыл бұрын
Oh, I would've loved to have seen that!!
@carnagie85
@carnagie85 8 жыл бұрын
Are we talking about ISN? because I have noticed a lot of videos regarding ISN on my feed! Pyramid schemes are very dangerous and not sometimes but all the time at the end the the pyramid scheme people loose their money.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Yes and you are right!
@carnagie85
@carnagie85 7 жыл бұрын
SalivateMetal Thanks Sal, I did some reading up on it and it sounded like a pyramid straight away, plus the way they try so hard to sell it in their videos is a giveaway also.
@oneofmany1087
@oneofmany1087 3 жыл бұрын
Confidence For sale today only. The ones who have it. Are the ones buying it
@richcardona2063
@richcardona2063 8 жыл бұрын
Thank You For The Heads Up Brother...I HAVE Been Contacted By These Type Of Ads Recently A Few Days Ago On Here & They Came Thru As Comments On My Videos...I Just Delete Them & Don't Open Them...Thanks Again My Brother.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
You're a smart guy. Glad you didn't fall for it!! Thank you sir!
@edisom306
@edisom306 7 жыл бұрын
And what really gets me let's just say silver prices is worth $30 an ounce and you're buying just a block of silver see 5 ounces they charge you more then what the silver is worth you go to sell it and it's $30 an ounce you don't get nowhere near that you're losing money
@SalivateMetal
@SalivateMetal 7 жыл бұрын
That's the nature of selling back. Most places take bid price, not ask price, which is less.
@Cloxxki
@Cloxxki 8 жыл бұрын
I had that 10 oz 2012 Kookaburra. Got a great premium on it. I just bought 13 or so ounces back, and flipped those for about 15 since. Don't hold on to coins that have done well. Flip them for more silver before the rise in realistically to be had premium levels out. Keep the momentum going :-) It's a ponzi/pyramid scheme for sure but I'm playing it as long as I can. Especially since in Europe there is no cheaper silver than Philharmonikers and kilo's pretty much. 10 oz is a slight premium on top of that only, worth the risk as it often sells well after 2 years.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
I honestly don't try and time the market on my acquisitions. I may have missed opportunities for pieces like this.
@Silvertoburn
@Silvertoburn 8 жыл бұрын
Those schemes suck! Thanks for the heads up!
@SalivateMetal
@SalivateMetal 8 жыл бұрын
They sure do. They deserve the bear claw!! lol
@russphilly
@russphilly 7 жыл бұрын
...OK...what should I buY?
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Buy from reputable dealers. or....
@Roadmasterism
@Roadmasterism 7 жыл бұрын
Guys this is a historical chart of gold. It was down during the crash of 1929 it might do the same in the next crash. www.macrotrends.net/1333/historical-gold-prices-100-year-chart
@SalivateMetal
@SalivateMetal 3 жыл бұрын
I am responding to your comment verbally on a live stream at this very moment!
@McGsilver
@McGsilver 8 жыл бұрын
I haven't seen these yet but I'm sure it's only a matter of time.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Yeah, they will start making their way in suggested videos I'm sure.
@concernedpatriot9314
@concernedpatriot9314 7 жыл бұрын
Just go to your local coin and buy gold and silver coins!
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Okay.
@bobsilver3983
@bobsilver3983 7 жыл бұрын
I believe silver will get into the mid $20's this year and kinda hang there.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
I'm thinking more the same way as the year progresses.
@dlawss
@dlawss 7 жыл бұрын
These schemes are illegal in the uk.In the UK we pay 20% vat on silver so it,s not worth buying,s.d bullion wouldn,t deal with me as I,m in the UK,why can,t americans help us buy tax free silver?
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Yes, that VAT is oppressive. I wish Parliament would pass a low exempting silver for you.
@CoinsforAmateurs1
@CoinsforAmateurs1 7 жыл бұрын
Good vid and info! Good job warning some who may be ignorant about these scams!
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Thank you so much. MLM is starting to poison the world of coins and silver and gold stacking.
@gazoo-pl4nx
@gazoo-pl4nx 7 жыл бұрын
central banks are starting to shit, losing control of the rigging
@SalivateMetal
@SalivateMetal 7 жыл бұрын
True, but this video has absolutely nothing to do with that.
@kendallkidd2220
@kendallkidd2220 7 жыл бұрын
can I get those big silver coins propped up in back, I'll pay you back when the pyramid gets bigger. lol
@SalivateMetal
@SalivateMetal 7 жыл бұрын
ahaha. Sure! :)
@silverfalkon9687
@silverfalkon9687 7 жыл бұрын
Good advice as always.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Thank you :)
@shashakeeleh5468
@shashakeeleh5468 7 жыл бұрын
MLM schemes always pick up toward top of some markets, and near bottom of others (such as PM's).
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Very true, predatory either way.
@ladypilliwick8179
@ladypilliwick8179 7 жыл бұрын
I would call BS on this until I remembered the Franklin mint.....remember they would sell you one silver chess piece on a monthly plan.... did this to coins rounds..too.... wow. it does exist
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Yes, but that is a different type of selling method. MLM is totally different.
@BloodEagle1583
@BloodEagle1583 7 жыл бұрын
Who controls the trade ? The starving man with a silver eagle or the guy with a chicken ?
@SalivateMetal
@SalivateMetal 7 жыл бұрын
The guy with the beard.
@captainhowdy9557
@captainhowdy9557 7 жыл бұрын
First off unless you sell on ebay or barter with others that's ok . But coin shops don't care if it proof or slabed . It's melt value for you . I took in a platinum coin into a coin shop , and they acted like they can't sell platinum . You can sell it to apmex for way more , and they rarely have platinum on their site . Scammers in these local towns . And I've bin going to these people for years when they sell junk silver for little over spot .
@SalivateMetal
@SalivateMetal 7 жыл бұрын
For the local shops, it's all about what they can move in the local market High premium modern coins don't sell well in local shops. Platinum or palladium coins don't sell well there.
@captainhowdy9557
@captainhowdy9557 7 жыл бұрын
SalivateMetal not true . He sells on ebay and that's his excuse to get it cheap below melt . But I always walk on them . Their blood suckers that sell silver eagles for 30 and buy them for 16
@seangerbick6357
@seangerbick6357 2 жыл бұрын
Just buy a lil gold silver and bitcoin every week! It stacks up fast!
@LarsonFamilyFarm-LLC
@LarsonFamilyFarm-LLC 8 жыл бұрын
@0:03 How did you get Phil Collins to dump coins out of his mouth?
@SalivateMetal
@SalivateMetal 8 жыл бұрын
It was something "In The Air Tonight" that made him do it "Against All Odds".
@LarsonFamilyFarm-LLC
@LarsonFamilyFarm-LLC 8 жыл бұрын
SalivateMetal lol, good one!
@silverenigma7729
@silverenigma7729 7 жыл бұрын
Damn Russians LOL j/k had to say it!!
@SalivateMetal
@SalivateMetal 7 жыл бұрын
lol :)
@russphilly
@russphilly 7 жыл бұрын
GoD!!..you are a better Double Talker than Casey Stengel was!!!
@SalivateMetal
@SalivateMetal 7 жыл бұрын
lol Thank you... I think. lol
@mudejartrainingnaturalscie6938
@mudejartrainingnaturalscie6938 7 жыл бұрын
A little bit from each of your thousand recruits aka employees will always greater than the whole of what one person can sell.
@SalivateMetal
@SalivateMetal 7 жыл бұрын
And keep that pyramid growing.
@angelaj8958
@angelaj8958 7 жыл бұрын
Amway! yeah, now our new Education Secretary!
@SalivateMetal
@SalivateMetal 3 жыл бұрын
I am responding to your comment verbally on a live stream at this very moment!
@DEAexotics
@DEAexotics 8 жыл бұрын
great Information I can't believe people still fall for these scams still
@SalivateMetal
@SalivateMetal 8 жыл бұрын
I know. It's the same old tactics with different products.
@nickelstacking2023
@nickelstacking2023 4 ай бұрын
I kind of like the Gold tooth dude.
@davidaaa6427
@davidaaa6427 8 жыл бұрын
THanks Sal. I seen those video.The silly fellow from Montana and that ISN trash! :-)I see you have the 2015 Burundi Lion. Very good coin I grabbed a tube of those.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thank you sir. Yeah, I got a good deal on this Lion. So cool that you got a tube of them. Wow!! You have amassed a great stack and collection my friend!
@davidaaa6427
@davidaaa6427 8 жыл бұрын
SalivateMetal I picked those up early in my stacking days. They seemed like a good buy. Under $20 each for certain. I didnt get a tube of the 2016 Lion though just a few coins,
@silverstrike6048
@silverstrike6048 8 жыл бұрын
Cool of you to pas on this information.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Thank you sir!!
@BigDCoins
@BigDCoins 8 жыл бұрын
Cool video! Just subscribed, just starting making coin videos myself
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Awesome. Thank you.
@ikeo1
@ikeo1 8 жыл бұрын
Ultimately it's for uninformed people and you pay the price for information. It's not a bad thing IF they had nothing to begin with. These days though it's still profitable but a bit shady. However, this like any other product has a premium. That premium is marketing because intrinsic value of silver is still spot anything over that is marketing value.
@SalivateMetal
@SalivateMetal 8 жыл бұрын
Marketing and profit, because like any other business there has to be profit in order to survive, which is why they charge so much I think, plus for the material, seminars, etc. Problem with MLM is the information they provide is bad information and ultimately fraudulent.
@halfdollar1
@halfdollar1 8 жыл бұрын
isn...I said nothing
@SalivateMetal
@SalivateMetal 8 жыл бұрын
ahah! :) You're the best Halfie! We need to work on prying Allin Gold out of these schemes.
@TomokosEnterprize
@TomokosEnterprize 8 жыл бұрын
Hmmm,I seem to recognise those letters !
@82spiders
@82spiders 7 жыл бұрын
Bought a few gold coins on EBay. One is not quite the correct color. Ooops...
@SalivateMetal
@SalivateMetal 7 жыл бұрын
Oh man. You should get it tested.
@ThaCorporate
@ThaCorporate 7 жыл бұрын
Let's keep it real, do you talk about KARAT BARS?
@SalivateMetal
@SalivateMetal 7 жыл бұрын
I keep it real by NOT talking about Karat Bars. That's a scam too.
@ThaCorporate
@ThaCorporate 7 жыл бұрын
SalivateMetal I feel you. I think this video is directed to the people promoting KARAT BARS. They are the biggest pyramid structured company involving gold PM.
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