Is Swissgolden a Scam?

swissgolden-mainName:  Swissgolden
Website:  swissgolden.com
Cost: EUR220 to EUR9,850

Bare Naked Scam rating: 3 Thumbs Down

swissgolden-rating

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Is Swissgolden a Scam? – Find out the Truth


We are in a delicate situation during the U.S. Presidential election in 2016. Everyone is escaping the stock market, and the US currency is in a turmoil, and everyone is looking to invest in Gold.

Even the HSBC Bank has released a press with the header A Global Trade Slowdown is a reason to buy Gold.

Hswissgolden-bonus-marketing-programuge demand for Gold has been flooding the market since, and Swissgolden is a company which is poised to take advantage of this demand.

But, the big question is, is it worth buying gold from Swissgolden? Is it worth joining its Bonus Marketing Program?

I am sure you are here because someone whom you know have introduced you to the company, and have made claims that you can make lots of money from the Swissgolden opportunity.

In this review, we are going to look into all aspects of the company and share with you everything you need to know to make an informed decision.

How do you buy Gold from Swissgolden?


Well, my first question to you is whether you reside in the Europe, or you travel to Europe frequently?

The reason I ask is because all Gold that is purchased from Swissgolden will not be shipped or mailed out of the Europe.

swissgolden-goldYou have to be in the Europe physically to collect your gold.

Moreover, you must meet the minimum purchase of EUR7,000 in order to purchase gold from the Company.

The reason for anyone, out of the Europe, to be involved with Swissgolden is because of its Bonus Marketing Program.

It is a program where individuals can make a small initial investment into the program and make a ton of cash. So they say.

The Bonus Marketing Program is an alternative method to buy gold from the Company, by paying a small amount of as low as EUR220 and recruiting people into the program.

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Here’s how the Bonus Marketing Program works…


Because of its complexity, I will try to explain the program in a simplified manner.

The entire structure of the program will flow through several tables like the picture below:

swissgolden-table-intro

If you understand how the above concept works, which I will be sharing with you below, you will understand how the entire program works.

In the table above, when you pay money into the Bonus Marketing Program, you will be positioned in the Level 3 (as you can see from the above picture marked “YOU”).

“MARIA”, for illustration purpose only, is the person who has introduced you to the Bonus Marketing Program.

So, let’s say you’ve headed out and recruited 2 new members, Paul and Sam, into the table, you will automatically move up to level 2 (Refer to the table below).

swissgolden-table-level-2-recruit

The next step would be to either coach Paul and Sam to recruit 2 new members of their own, or you can recruit new members and put them under Paul or Sam.

Once Paul and Sam each recruited 2 new members, Mary, Sally, George and Robert (refer to the table below), you will then be moved to Level 1, and you are in the position to close the Table.

swissgolden-table-level-3-recruit

You close the Table when Mary, Sally, George and Robert, each found their 2 new recruits.

In the above case, the person whom introduced you to the Bonus Marketing Program, Maria, has closed the Table.

So, what does it mean after closing the Table?

Basically, you have to close 3 Main Tables (closing 3 main tables means 1 cycle) in order to receive your order of Gold.

Let’s find out the types of tables in Swissgolden and how you can actually receive your order of Gold.

How many Tables are there in Swissgolden?


swissgolden-tables

There are 3 Preliminary Tables and 3 Main Tables.

Preliminary Tables allow you to participate in the Bonus Marketing Program at a much lower cost, but it does not purchase any gold for you after the table is closed, however, it provides you with sufficient funds to participate in the Main Table.

  • Seven Celled Preliminary Table (You pay EUR220 to participate)
  • Seven Celled Main Table (You pay EUR720 to participate) – To receive EUR7,000 worth of Gold after 1 cycle (closing 3 Seven Celled Main Tables)
  • VIP Preliminary Table (You pay EUR1,050 to participate)
  • VIP Main Table (You pay EUR2,800 to participate) – To receive EUR27,500 worth of Gold after 1 cycle (closing 3 VIP Main Table)
  • VIP Plus Preliminary Table (You pay EUR2,550 to participate)
  • VIP Plus Main Table (You pay EUR9,850 to participate) – To receive EUR98,000 worth of Gold after 1 cycle (closing 3 VIP Plus Main Table)

You will only receive your Gold (on Paper) once you have closed 3 Main Tables.

The video below will reinforce everything that I’ve said above.

What if you decide to Drop out half way through the Table?


You are given 14 days to cancel your order for Main Tables, and 3 days for preliminary Tables, should you wish to back out from the Bonus Marketing Program.

But, what if you have passed the grace period for cancellation? What happens to your initial investment?

It will be stuck in the table until you have closed it.

What it simply means is that you have to close the table no matter what. It could be a blessing in disguise, because everyone above you in the Level 1 and 2 will try their best to put new recruits under you, so that they can close their table, and you could just take it for a ride.

But, if no one is actively recruiting, your position on the Table will always be there.

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Why would you buy Gold from Swissgolden?


I’ll be honest with you, no one will actually pay full price to buy gold from Swissgolden, it just does not make any economic sense.

Firstly, because you have to purchase a minimum of EUR7,000 worth of gold, and secondly, it does not ship or mail the gold to your home country.

The only reason for someone to buy gold from Swissgolden is because of its Bonus Marketing Program.

You pay 10% to receive a 100% worth of gold. It does sound nice, but it is not easy to receive that 100%.

Most people lose the 10% instead of gaining the 100%, because recruiting is not an easy task, and some find it unethical midway through the process and question the legitimacy of the program.

So, will you participate in the Swissgolden opportunity? I would like to hear from you, please leave a comment at the end of this review.

My 2 Cents Worth


If you are in it just to buy gold, I would rather you head down to your nearest local goldsmith, because you can immediately get your gold, and there is no set minimum that you have to pay.

As hard as it is to convince and recruit new members to the business opportunity, more than 95% of its new members loses their initial investment to the Company.

You would have thought that the business opportunity is an easy sell, but you will sense the difficulty when you are in it.

So, the BIG question is, “is Swissgolden a scam?”

From my personal opinion, I honestly belief that this program is legitimate, but I would say that the opportunity is not suitable for everyone.

Unless you have the tenacity to sell and recruit, you will hardly succeed in the business. You have to prepare to lose the initial investment as well if you are not able to recruit new members to the program.

So, if this opportunity is not for you, then what is?

There are so many business opportunities out there on the internet, but I will recommend you to the program which helped me find success online.

This Program is also responsible for thousands of online business successes, and the numbers are still growing.

If you would like to know more about how you can leverage on your passion to find success online, I would highly suggest that you check this program out.

Thank you for your time, and I wish you all the best in your journey to find success.

If you wish to discuss more on Swissgolden, please, feel free to leave a comment below. If you find my article helpful, please, help to share it with your friends and family by clicking on the social media buttons (Facebook, Twitter and Good Plus) below.

Your pal,

Jack

My Secret to Online Sucess

About the Author

Jack is an experienced online marketer who would like to extend his help to whomever wants to learn more about building a successful online business. Connect with me on Facebook, Twitter, and Google Plus. Read more about Jack and BareNakedScam.com here...

Leave a Reply 17 comments

Ene - Reply

I invested over two million in the scheme through a colleague and as it stands don’t know where to start from cos I was told they wanted refunding capital and rumours has it that swiss golden is a ponzi scheme and it has crashed. I see my world crumbling if this is true.

Frank - Reply

Is the Swiss golden bonus marketing program a continuous program or a momentary program.

Itunu - Reply

Hi, I noticed my sponsor changed my email address and password on the Swiss Golden site? Is that right and how come Swiss Golden allows other users to lock people out of their accounts? How can i regain access to my account? What is the solution?

Iyk - Reply

Please a lot of people are complaining about Swiss golden, what is really the issue.my friend said he joined since and have completed his table still yet no payment.

Kenechukwu - Reply

Your investment is only refundable within 72 hours of registration.. After 72 hours, you are required to complete your table.. Swissgolden is not for persons who are in need of easy quick money.. you must work your ass out to earn the remaining 90%.

Jerry - Reply

Hello Jack,

I was just swindled by the number 1 person in Nigeria here Port Harcourt Nigeria along with his partner. he is a level 9 leader. The most annoying part is you cannot report to the company they even dared me to. They told me to sign up for a corporate plan early this year that they had hired and were still hiring people that would do the marketing for us . They changed their story that we should later do the marketing ourselves and refused to refund our money, opting to get more tables for us instead against our will. I am really upset and intend to report to the authorities

Jerry - Reply

Hello Jack,

Swissgolden is a big scam. I was just scammed by their number 1 person in Nigeria here in Port Harcourt, Nigeria along with his partner. He is now a level 9 leader. The most annoying part is you cannot report to the company, they even dared me to do that.

Affiliateinvestor - Reply

Hello all, I am an investor in the swissgolden business. my candid advice that you look out for alternatives because as I have experienced, Swiss golden doesn’t transfer money to your account like stated in their information tab on their website. There is no refund for your money once you join. When you request for refund, you are asked to fill up your table of seven. This means that once you put your money, you are hooked. It’s adjudged by me to be a ponzi scheme running on a pyramid scheme. If you decide to join, be sure you’ve been warned and informed. As I write, I am quite sad because I invested a lot of money into this. I will be reporting this with evidence to the SEC or any financial crime authority in my country Nigeria.

mike - Reply

What is the compulsory number of persons you must bring into swissgolden? Thanks.

    Jack Cao - Reply

    You need to bring in 2 people, and pray that they bring in their 2, then you will be entitled to commission.

    Cheers!
    ~Jack (BareNakedScam)

Fisher Esther - Reply

My sponsor change my email and password at her own personal Will, when challenged, will flair up in anger. Now my table is stagnant money in Euro Account deducting and my downlines disappearing. She’s really torturing me for getting her fraud habit and kicking against it. HELP HELP HELP!!!!!!!!!!!!!!,,,,,,

Femi - Reply

Thanks for this writeup and enlightenment. If one start from the main starter, is it a must to refer someone?

Seun - Reply

I really like your write up.

Please when can someone get his money back from SWISSGOLDEN if one decides to opt out of the programme. thanks

Udeme - Reply

I want to know other programs that I can work on online. My Country Nigeria isnot supported on wealthy affiliate.

    Jack Cao - Reply

    Hi Udeme,

    My sincere apologies for my late response.

    Unfortunately Wealthy Affiliate is not for Nigerians. So sorry about that.

    But, if you sincerely want to learn how to make money online, you can check out Fizzle.co.

    It is one of the best course I’ve been through.

    Cheers!
    ~Jack (BareNakedScam)

Chioma - Reply

Bonus marketing program in swissgold,is it for people in EU or for everybody,I’m from Nigeria

    Jack Cao - Reply

    Hi Chioma,

    It is for everyone.

    Cheers!
    ~Jack (BareNakedScam)

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