Swiss Gold Global 2.0 has been getting a lot of popularity and talk lately.
I wanted to see exactly what it is all about before I put any money into it or signed up.
In this Swiss Gold Global 2.0 review I will find out if it’s a legit opportunity and a viable business model that can make us money.
Lets get started.
At a Glance
Name: Swiss Gold Global 2.0
Owner: Bill Rowell
Price to Join: $170 or $250 one-time, then $50 p/m + other pricing plans
My Rating: 2.5/5
About Swiss Gold Global 2.0
Who Created this System
Bill Rowell is the man who created Swiss Gold Global 2.0.
He is an entrepreneur from Australia and wishes to makes other peoples lives better by helping them invest in gold.
The former name of this company is called “Joseph Wealth Systems”, but that has since changed.
When did Swiss Gold Global Launch
The website/company launched back in 2008, which was not under the SGG name, but under Joseph Wealth Systems instead.
Why the name has changed since, I do not know, but what I do know is that the website is still running to this day and I plan to find out how.
Why did they Create it?
The owners ultimate goal is to put the gold back into the hands of ordinary people.
As of late, gold is mostly owned by entrepreneurs and companies, who are making a fortune investing in it.
Apparently they store all gold in Switzerland for free, with free liquidation of all gold and silver grams.
They are held safely OUTSIDE the banking system and have them all independently monitored.
As a member you get step-by-step coaching from the masters of Wealth Creations and access to swiss-refined gold at wholesale prices.
So What Exactly Is Swiss Gold Global 2.0
Swiss Gold Global 2.0 is all about buying gold and silver, then selling it to their retail customers.
There Are Two Ways To Make Money With SGG
You can either sell gold and silver and earn commissions, or market the affiliate program.
The affiliate program is all about recruiting people and earning commissions if they purchase a membership plan.
The Compensation Plan
The compensation plan is where you purchase a membership and begin recruiting others into the same system.
You start off at the lowest rank and make your way up as you bring in more paying customers.
There are 10 ranks all up.
3. Team Leader
5. Executive Director
7. Senior Ambassador
8. National Ambassador
9. Gold Ambassador
10. Platinum Ambassador
Of course the higher your rank the more money you earn and perks at your disposal.
Staying qualified means you have to be an “active” member or you fall down the ranks and lose money.
Basically, to continue earning commissions on your downline you have to keep recruiting people.
This keeps the entire website active and more money flowing into the site, and of course everyone’s pockets.
These requirements are as follows:
Weekly Requirement – Generate and maintain 500 PSR or 50 PV, which is the act of selling gold and silver. This has to be done for 5 weeks in a row
Monthly Requirement – Generate exactly the same as above
Affiliate Payout Structure
All affiliates are placed in a uni-level structure which goes 7 levels deep,
You start at level 0, then move to 1, 2, 3 and so on.
When you’re on level 3 you get commissions for 2 levels down – the people you’ve recruited.
You get paid 10% commissions on all 7 levels.
This equals $25 per person for the initial sale ($250 one-time), then $5 per month thereafter ($50 per month) in commissions.
The more active paying referrals in your downline the more residual income you can create.
That is the gist of it anyway.
Yes, there are bonuses available.
SGG tend to reward the ones getting lots of people into the system, and most especially the ones who keep climbing the ranks and stay active.
The first bonus up for grabs is $200. You need to recruit 3 PAYING customers within your first 30 days for you to be eligible for it.
There are a bunch more, but you get the point.
Are People Really Making Money?
According to their Facebook page they have accumulated a solid 5 star rating, and after some further investigation these are actually real profiles providing the feedback.
I have no doubts that people are actually making money with this system, but the fact of the matter is that these types of business models are not sustainable and not a viable way to make a living online.
But yes, people are actually making money with SGG.
Any Red Flags?
Throughout my research on this website I did not come across any red flags as of yet, however, I will be updating this section as soon as something does pop up.
Where To Join And Pricing Plans
You can visit the official website here: www.company.swissgoldglobal.com.
It is free to join and look around, and you can even market the affiliate program without paying a dime.
However, the price to participate in the uni-level compensation plan is $250, which is to get your foot in the door.
Then it is $50 per month until you cancel.
Pros and Cons
- Has a free membership
- Can make money even with the free membership
- Not a sustainable business model
- You don’t own the website
- Nothing’s stopping the owners from taking everyone’s money and running
- Difficult to recruit people
- High risk
Is Swiss Gold Global 2.0 a Scam?
As of right now Swiss Gold Global 2.0 is not a scam and they show no signs of being a ponzi scheme either.
People are making money from this website, and probably why they decided to make the 2.0 version.
To be honest with you, I’ve seen too many of these sites turn into a scam when recruitment dies down, because that is exactly what happens eventually.
They’ll either take everybody’s money and run or create a 3.0 version (or even put it under a different name), which is what they’ve been doing since 2008.
It means everyone has to start from the bottom again.
So no, Swiss Gold Global 2.0 is not a scam but definitely not what I recommend either.
There are much better alternatives to making a living online, something you can actually OWN and be proud of.
What I Recommend
So as I just mentioned, there are much better options for an online business.
I’ve said it time and time again, a website is the very best way.
Your website showcases your ideas, ideas that WERE in your head and now on your website, which is receiving traffic 24/7 and making you money (because the internet doesn’t sleep) .
I’m all about making money on auto-pilot, and there’s only one system that allowed me to do just that.
Wealthy Affiliate is the only training platform that has helped me make a living online and I can’t recommend it enough for people truly interested in working from home full-time.
Thanks for reading my Swiss Gold Global 2.0 Review. I hope you found the answers you were looking for 😀
What are your experiences with this system? Leave your thoughts in the comments below!