Genuine links means which come from content rich pages and sites there are some webmaster who created some theme relevant sites for link exchange purpose only these sites only have limited pages around 8-10 pages and some content on each page and they use all the pages for link exchange only there you will found only link link and links so those sites not gives any value to your site
Genuine links are links that came to your site naturally. You do nothing but you get links from many sites in a way like referring yours or giving credits.
Genuine links are those that you get naturally. Only this link will play key role to be ranked high in organic result; however, after the penguin result it seems that if your site has not geniun link then it will affect your site go back in SERPs.
Thanks for sharing............I didint knew about this before.............This has cleared my doubts about genuine links...........
Getting high authority and high quality links by doing the white hat SEO are known as Genuine link building.
natural links are called as genuine links so build backlinks using organic methods and say goodbye to paidlinks.becouse google gives more importance to natural links so build natural links with your relevant sites.
Google works hard to ensure that it fully discounts links intended to manipulate search engine results, such excessive link exchanges and purchased links that pass PageRank. If you see a site that is buying or selling links that pass PageRank, let us know. We'll use your information to improve our algorithmic detection of such links. check this http://support.google.com/webmasters/bin/answer.py?hl=en&answer=66356