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Is the Numis Network a Scam?



By: Adam Shea

It seems like new network marketing companies are popping up everyday, especially on the internet. Numis Network is one of those companies and the concept behind it is intriguing to say the least. But is the Numis Network a scam?

Well lets look at what this company is founded upon.

Now we all know that the global economy flat out stinks right now, especially in the United States. We are printing money left and right, and inflation is looming on the horizon. A great hedge against inflation is obviously gold & silver and people are buying as much as they can get their filthy little hands on.

But can the gold and silver trade be merged into a network marketing company?

Well apparently yes because the Numis Network is doing exactly that. Most network marketing companies have products that lose their value as soon as they are bought or consumed. Numis reps receieve real tangible assets every month that tend to rise in value rather than fall. And its not like once you use or show off your gold & silver it loses value.

So in respect to their actual product line, I think its a great concept. Who doesn't want a garage full of gold and silver?

BUT, gold and silver coins are great ONLY IF you get a good deal on them. If you recieve a new coin every month with your autoship, and that coin costs you $100, but market price is $85, you're losing $15 each month. So in essence you're paying a premium on your coins to be a part of this network marketing company, if that is the case.

Sounds kind of fishy...lets dissect further...

What if the value of that coin drops over the next year? You lose even more money. Your asset is losing value, but nonetheless its still an asset right? 10 years from now the value of a coin could potentially double or triple. Would you care about your $15 loss then? Do you care about losing $15 a month on coins if you have a huge organization and your residual income is through the roof? Probably not.

Look at other network marketing companies? Are their products more expensive than some of their storebound counterparts? I think you'll find they are. In essence, as an industry we tend to pay more for our products and services to be a part of network marketing. If you're intention is to buy coins only to resell them at a profit, Numis Network may not be for you. If you want to collect coins, and accumulate a valuable asset, give Numis a shot.

In conclusion, Numis Network is a legitimate business regardless of whether the coins are sold at a premium. Their compensation plan is comprehensive as well, but you need to be signing up new reps on a consistent basis, which is why this company focuses on using the internet to grow your business.

Are you using the internet to grow your current network marketing business?




Article Source: http://www.ezinearticles.mk

Adam Viccaro is a serial entrepreneur, student of internet marketing, and passionate network marketer. He coaches and works with 6 & 7 Figure earners, helping them achieve unlimited MLM Prosperity.

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