Thread: Karatbars, invest in Gold, karatbars.com

Originally Posted by Fendaril

It's still running.

I had a discussion with someone on Facebook about Karatbars and he thought it was great. The crux of my argument then as now is why would anyone willingly spend $1500 for something that can be readily purchased for $1000 anywhere else? He obviously didn't see it that way, and thought that $500 mark-up was a blessing if you will as long as KB delivered the gold as promised. In my opinion this model is no different than buying overpriced laundry detergent and energy drinks while trying to convince others to do the same.

If it isn't shut down by the authorities it could run almost indefinitely. Very little overhead for the real owners since "internet entrepreneurs" expend their resources marketing the scheme to people paying 150% of what they should. Great business model for Karatbars since affiliates overpay up front to buy product KB doesn't even have to hold as inventory.

I like this model so much, anyone interested can wire me $1250 in turn I will mail them $1000 worth of gold as soon as funds have been verified.