American Gold Reserve – AGR, Facts, News, Reviews

by louabbott on July 26, 2011

American Gold Reserve or AGR is a new MLM in “pre-enrollment” …

Get in now and be the first to share it with the world!

By using this website, you can be pre-enrolled in our affiliate program, which will allow you to purchase fine gold and silver bullion products for yourself, and also to earn income by introducing other people to our products. You cannot sign up to be a dealer or a reseller of our bullion products. You cannot purchase bullion products through this website at this time. All product sales will be conducted exclusively through our full-featured e-commerce website following its official launch.

At the time of official launch of the full-featured website, product offerings will include .9999 fine gold and .999 fine silver bullion bars and/or rounds, minted exclusively for American Gold Reserve (AGR) in various sizes and available in various quantities at competitive prices. –American Gold Reserve website, 7/25/2011

Launch date: “We are gunning for a mid-August launch. Until then, website functionality, design, look & feel, and content will be built and tested one piece at a time.” –AGR Facebook page, 7/23/2011

Products: .9999 fine gold and .999 fine silver bullion bars and/or rounds

Ownership*: Reed Larsen, Wayne Palmer; other businesses owned by Larson and Palmer

American Gold Reserve Compensation Plan*: a 3×9 forced matrix with up to 3 levels of matching bonuses on personal enrollment tree.

Also important: Why Gold and Silver Bullion MLMs Have Never Worked

Cost to join: $0

Offices of the mint:

Old Glory Minting Company LLC
1549 West 7800 South
West Jordan, UT 84088

(801) 983-6474

Some of AGR’s claims*:

  • We sell GOLD & SILVER at a discount to typical dealer pricing – instant savings
  • We own the Mint! Our private mint is one of the largest-capacity manufacturers in America. Our bullion products are widely recognized as some of the finest .9999 gold and .999 silver bars and rounds available anywhere. And best of all, since we own the Mint, we can produce all the GOLD & SILVER bullion products necessary to meet demand – all with industry-leading turn times and an impeccable reputation for quality!
  • All shipping and fulfillment is already in place. Last month (May) over 60,000 GOLD & SILVER coins and bars were shipped out like clock work.
  • No Cost to be a preferred Customer, or Affiliate. Everyone Signs-Up for F*R*E*E.
  • Pre-enrolling limited to USA and territories of the United States only.
  • Our cutting-edge affiliate program will pay out up to an amazing 80% of the eligible premium above spot!

* This information provided by representatives of AGR and the AGR website and Facebook site.

Thanks also to Bill Austin, a very honest and conscientious network marketing leader who helped with the information on American Gold Reserve.

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{ 14 comments… read them below or add one }

William September 29, 2012 at 4:13 pm Thumb up 0 Thumb down 0

Shawn is correct. Old Glory Mint is under receivership for Wayne Palmer’s $100 million Ponzi scheme.


David Hobley July 24, 2012 at 10:18 pm Thumb up 0 Thumb down 1

Odd Shawn, I received my AGR Coin right away!


SHAWN July 16, 2012 at 3:23 pm Thumb up 2 Thumb down 0

Old Glory Mint is under investigation for ponzy scheme i purchased 8,000 dollers worth of silver and never recieved it i just a letter to contact their attorny referencing national note you people should remove them from your web site as they give you a bad name


Alex March 13, 2012 at 1:00 am Thumb up 0 Thumb down 1

Thank you for posting Louabbot. I am an AGR member and appreciate your review on the company. I have personally met Wayne Palmer and he is a very genuine character. By the way, if you would like to see what the bullion coin’s look like check out the pic on my personal site. . Thanks again. – Alex


JosephJYoung January 11, 2012 at 9:12 am Thumb up 0 Thumb down 0

Hi Lou,
It has been some time since I posted. Already posted here but wanted to follow up again by thanking you for your honest reviews because they are needed. Lots of MLM’s pop up every month, some good, other, not so good. Making people think about the proper elements that qualify a good business is always the right thing to do. Yo are right AGR is a network marketing opportunity just like Numis Network.

The desire for any MLM is for it to be sound all the way from the founders, products/services, comp plan, and good networking leadership. Joining any start up may feel like a gamble, especially if you lack knowledge in what to look out for. But, with knowledge and patience one can make a choice. Will AGR stand the test of time, God only knows one has to move with faith and hope and build in hope with the present facts they hold. They are certainly poised to be here for the long run especially with the present economic crisis and the demise of the American dollar.

No one will complain about having some assets that is for sure.


Top American Gold Reserve Team November 18, 2011 at 1:56 pm Thumb up 0 Thumb down 1

Please feel free to check out our AGR “Rotator” blog and learn how we help our American Gold Reserve team members enroll customer and affiliates in this new gold and silver MLM.


Paulie D September 18, 2011 at 12:54 pm Thumb up 0 Thumb down 1

Sure sure, there’s an affiliate program/mlm pay plan but what I am looking forward to is accumulating tangible assets at a dealer price or as close to it as possible. The fact that the opportuniy owns the Mint and one of the owners has been praised by Robert Kiyosaki says alot about the potential success AGR should have. I look forward to watching the growth and prospering with AGR


John September 8, 2011 at 11:22 am Thumb up 0 Thumb down 1

I just want to point out AGR is not an mlm. It is an affiliate opportunity with a 3×9 comp plan which is traditionally used in mlm. It is important we all get our facts straight on this.


louabbott September 8, 2011 at 11:36 am Thumb up 0 Thumb down 1

Amazing comment, John.

I seen companies like Melaleuca claim they are not MLM too. But I have never heard someone in the same breath say ‘we have a comp plan that pays 9 levels deep but we are not an MLM.’ Try that with the regulatory agencies and see if it

A rose by any other name is still a rose. Any company with a 3X9 comp plan is by definition an MLM.


Joe Terry August 24, 2011 at 11:17 am Thumb up 0 Thumb down 1

I believe it’s very important to note that the company AGR makes it very clear that keeping margins low and focusing on regular monthly purchases of Gold and Silver is the way to go. All of the hype and “Instant Wealth” talk of other Gold and Silver companies is part of the reason they failed. And of course, the high margins which caused the Gold and Silver to be prices too far above the standard retail prices. Initially, AGR expects to meet or beat standard retails prices and that’s a very, very good sign that they could be the exception to the rule of precious metal network marketing companies of the past … AGR is worth a very careful look.


Dean Corbitt August 22, 2011 at 3:39 pm Thumb up 0 Thumb down 1

I’m so excited to be a part of an innovative approach to acquiring gold and silver rounds and bullion! This is an absolutely amazing opportunity! Not only can I get gold and silver at a discount, but I can also make money by building an organization. The uncertainty of the financial climate is the perfect reason to join with American Gold Reserve and hedge against the potential slide of the US dollar. Thanks for this golden opportunity!

Dean Corbitt


Dave Hobley August 20, 2011 at 3:00 am Thumb up 1 Thumb down 2

This is an absolutely amazing opportunity! The leadeship is fantastic and my group has grown to five folks and I have only been signed up 24 hours! With the financial climate that we are in, this is not only the right investment, but being a part of the sale is the right positioning!

We look forward to moving up with you!

Dave Hobley
Founder & CEO, Our World Enterprises


Michele October 11, 2011 at 6:24 am Thumb up 1 Thumb down 0


I have to ask – how do you get people to sign up? I don’t have an affiliate link (that I’m aware of, anyway). I’m very anxious about the launch, but I want to be as prepared as possible. Unfortunately, I’m going to miss the conference call tonight due to work, but hopefully another one will be set up during the earlier hours of the day. Not everyone works the typical 9-5 shift.


Joe Young August 15, 2011 at 5:42 pm Thumb up 1 Thumb down 2

There has never been a time before where a company, as this, is so needed. God help to help millions of people in the upcoming struggles we are going to all face. Thanks for this review. I have pre-enrolled and am anticipating great times ahead.

Joe Young


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