May 7 2009

Is YOUnique Wealth A Scam Or Pyramid Scheme?

Is YOUnique Wealth a Scam or a pyramid scheme?

Rod Cooke, MLM Consultant from MLM Watchdog doesn’t seem to think so.

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Rodd Cook mlm-watchdogUS based MLM Watchdog is recognized as a leading direct sales, network marketing and MLM industry observer and commentator.

In Rod Cook’s own words, “we attack pyramid schemes and abusive MLM companies.” Rod Cook, MLM Watchdog

In 2007 and 2008, Rod Cook was invited by JWS to visit the company’s administration offices and review its systems including; management, supply, fulfillment and distribution systems, administration, policies and procedures, marketing systems and compound savings pay plan.

“Joseph Wealth Systems is the only legal Network Marketing company in the gold sales business I know of since they concentrate on selling gold to end consumer retail customers as well as their distributors. Having end consumer retail customers is an essential part of maintaining legality worldwide.”

There you go, not a bad endorsement by the man who should know.

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What Constitutes A Pyramid Scam

So does YOUnique Wealth actually fall under the category of a scam or pyramid scheme? Should you give it the flick or is it legitimate and worth giving everything you have got?

If you’re here reading this then you’re wondering if YOUnique Wealth is a Scam? Well the short answer is absolutely not, but don’t take my word for it.

I am going to provide with the knowledge of what determines a scam so you can be comfortable knowing that YOUnique Wealth is in the clear.

If you still need more info on whether Younique Wealth Scam or not then you can continue your research at this link after you read this post.

You see, the scam question seems to come up a lot when a new Network Marketing company launches, and so it darn well should.

We’ve all heard of multilevel marketing, or MLM, or even been introduced to it, but there is a fine line between a legitimate MLM and an illegal “pyramid scheme.”

Here is the bottom line. Pyramid schemes predominantly compensate participants, either directly or indirectly, for the recruitment and enrollment of other participants with little or no regard for legitimately marketing a bonafide product.

Here are two easy checks that you can do TODAY to determine whether the YOUnique Wealth Systems opportunity is a scam or not… You can do this check on any MLM yourself.

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1/. Does the business offer a tangible product of value?

A legitimate MLM must have a product of value and the product MUST BE available to buy as a retail item. If you can’t buy the product from the company/distributor as a customer without being recruited into the business, then it is illegal. It is important to note that some businesses offer junk products just for the sake of having a product. They do this so the activity of recruiting can legally occur. An opportunity with such a thin substance should be avoided like the plague.

Youinque Wealth Systems offers minted gold shekels as their primary product, with the silver shekel to be due to be released very soon. The shekels are available to purchase directly by retail customers and are of appreciable value.

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2/. Inventory Loading

It is illegal if a company’s incentive program forces it’s distributors to buy more products than they could ever sell.

Youinque Wealth Systems have an “auto save” requirement where colleagues are required to purchase 1 gold shekel (1/10th of an ounce of gold) each month as part of the savings and wealth creation plan. If this requirement is not met then the distributor can not earn income from their organizations sales volume for that month. A Youinque Wealth Systems colleague is not required to purchase a minimum level of inventory for reselling to customers at any point. Customers purchase direct though the company and the distributor receive a referral commission.

Also, it is important to note that if a company’s business plan emphasizes recruitment, even though distributors make retail sales, it may be found to be an illegal pyramid scheme.

So, as you can see YOUnique Wealth Systems is clear of those concerns and it is an ethical opportunity.

Here are some other points that make YOUnique Wealth Systems a strong opportunity to partner in.

1/. Has been established since October 2007and is moving into the “momentum phase” where maximum growth takes place.

2/. It’s primary product is gold, a highly appreciable commodity that protects your wealth against market and currency changes.

3/. High profile third party endorsements from the likes of Bob Proctor. (YOUnique Wealth Systems Bob Proctor)

4/. Solid foundations. The company came about through a strategic alliance with the Anglo Far-East Bullion Company, providing Joseph Wealth System (now branded as YOUnique Wealth Systems) with the rich and solid foundations of close to two decades of success in the international bullion, wealth and asset management industry.

5/. Perfect Timing. YOUnique Wealth Systems use a saving based business model rather than a consumption based usage model. In today’s economy we must learn to accumulate wealth in the form of assets rather than spend on goods of no long term value. The YWS business is designed to create cash flow and grow your wealth in assets at the same time.

I am sure that you will agree that YOUnique Wealth is not a scam and this company poised for solid growth.

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Check Out My Video On Bob Proctors Comments…

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America’s MLM Consultants Endorsement by Rod Cook

The form below will show you an endorsement by Rod Cook regarding Joseph Wealth Systems. As you can see, the company stacks up pretty good.

rodcookendorsement


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