❤ My little gold back story. Abou 3 a.m i stopped for gas in the .idfle of my work shift to get gas. I walked in, ask fir $15 gas and opened my wallet. To my dismay, my debit card was not where it should have been. I was now stressed but jokingly pulled out a few goldbacks i had just bought and said, "i guess not, unless you take gold." 😮 The cashier was curious so I explained what they were and showed him tbe website i bought them from. He got a bit excited to know he could buy them too amd asked if I would sell him any of mine. I said "Sure, how about 3 #1s for $15 so I can get gas?" "Deal!" He got gold, I got gas and all was calm that night. 😌

FYI - Goldbacks are the future of money. Because I understand the difference between currency and money and spendable and nonspendable gold, I buy Goldbacks.

@afvro75

Ай бұрын

Silver does the same thing and it's way cheaper to buy. It's also "fractional". If goldbacks get closer to the actual price of gold with a more modest and realistic premium then yes it would be the way to go at least as a currency.

@danielbbq

Ай бұрын

@afvro75 I'd love to agree with you, but I can't. I've carried and have tried to spend silver for 20+ years. People don't get it. I've moved thousands of goldbacks in the past 13/m. IMO, people don't understand the Goldback at all, especially anyone who worries about premiums.

@robertr510

27 күн бұрын

You're out of your mind. Crypto currency is the future of money. Gold will soon enough be a part of crypto

@afvro75

25 күн бұрын

​@@danielbbq I don't claim to be an expert on goldbucks although I bought 100 of them out curiosity more than anything else which cost me close to $500 btw and they look pretty cool I must say. However, the problem I see is even thought they have a "suggested" exhange rate, the few businesses that take them (for what I've seen so far) take them at basically the price that they feel comfortable with (which is usually way less than the suggested exchange rate). In other words, they don't follow the exchange rate necessarily so there's no consistency in the price. I'd be ok with a (bid and ask) price with minimum spread as in with precious metals or just follow the exchange rate to the tee. Also, getting back to the premiums for example I don't care about high premiums if you can sell them for almost or at as much high premiums consistently as you bought them but like I said, that's no the case. Since you claim to have dealt with thousands of goldbacks in the past few months maybe you can enlighten us on what I've just have said and more if you like.

@glenfields4016

4 күн бұрын

Absolutely 💯 💯 people don't see it though

Yes, if you melt down a Goldback, it's worth about 2.16 as she said at the end, but what would your car be worth if you melted it down and tried to sell what remained at market value? The concept is the same: things have more value because of what they're made into - and Goldbacks are gold made into a form small enough to spend and not be counterfeited.

@zeus014

Ай бұрын

Exactly what I've been saying. But you're way better at it than I am. You've said in one paragraph what takes me ten.

Only democrats scoff at what we know about real value in real money. FJB

The Philosopher's Stone. In 1980, gold was successfully made by a team of scientists at the Lawrence Berkeley National Laboratory in Berkeley, California. Nuclear chemists Glenn T. Seaborg, David J. Morrissey and Walter D. Loveland used a high energy nuclear particle accelerator known as the Bevalac which transformed the metal bismuth into gold. The process is known as "Chrysopoeia".

You'll be eating your negative words when all the sheep get slaughtered 😢

It’s for those that actually want real money. Not manipulating paper.

"But if you melt a goldback down the gold inside is only worth half what it costs to buy one" rhymes with "It just makes me SICK that a new car costs $30K when the raw materials to build it only cost $15K! So I'ma gonna do an end run around those bastards by buying only the raw materials! That'll learn 'em!" Any time a product is manufactured and fractionalized the price goes up. That's just how economics work. The question then becomes, is the final product providing value for the money? With goldbacks, half of that value is the gold contained therein. The other half is in the utility that allows you to spend it like cash for small, purchases, and in the fact that goldbacks act as their own hedge against inflation - unlike fiat currency. You can buy a goldback today (March 18th, 2024) from Alpine Gold for $4.37 - and then go to a participating convenience store and use it to buy a $4.65 sandwich. On top of that, when everything hyper-inflates and the dollar's value plummets, guess what hyper-inflates right along with everything else that hyperinflates? That's right: The goldback. And since it's real money you can carry it and spend it privately without having the governments know your every financial move. Try that with fiat-based digital currency. Oh, and they're perfectly legal as per the US constitution. MSM, get your firetrucking facts straight - if your globalist overlords will let you.

@HappyHermitt

2 ай бұрын

Theyre double the price of their own weight in hold. That's not difficult. Gold buyers watch premiums. They want tge most gold for their money. GBs don't give you that. I own 2 sets just because they're cool. Theyre not smart investments for the investor is all.

@zeus014

2 ай бұрын

@@HappyHermitt for the purpose of amassing the largest quantity of four-nines-fine gold as possible and then sitting on it for wealth preservation, buying bullion for as close to spot as possible is the way to go. Just be careful your stash is not infested with counterfeits and that it's location is secret and well secured. You will then have almost twice as much in physical quantity of gold as you would have had if you'd instead bought goldbacks. If the dollar remains somewhat useful (ie: has not been rendered useless by complete economic collapse) you could then later on decide to exchange some of that gold for dollars if needed for immediate purchases. But if hyperinflation has rendered the dollar useful only as burn-barrel fuel you could use your bullion to buy goldbacks (which, along with your bullion hyper-inflated right alongside all other tangible goods) to take advantage of the utility, fungibility and small-purchase power of those goldbacks - benefits that bullion does not offer on anywhere near the same scale of convenience. Bullion is for stacking. Goldbacks are for spending. Are goldbacks good for investment? Certainly - when you consider that (as long as you buy them from the lower-priced sources like Alpine Gold, Defy the Grid and others) they have actually outpaced gold bullion in increased exchange value since 2019. It's just that in order to retain the value of your goldbacks you must resist the urge to melt them down for the gold contained therein. Such a move would kill almost 50% of their value and steal all of their utility.

@JC-nl3nh

2 ай бұрын

@@HappyHermitt I think the premium is actually normal for such a tiny fraction of gold. 1/1000th premium is way more than the premium of making a 1/10th coin or a 1/20th even, check the premium on one of those.

@Icureditwithmybrain

Ай бұрын

Found the goldback CEO

@zeus014

Ай бұрын

@@HappyHermitt Both stacking gold bullion and stocking up on goldbacks have their pros and cons. Is your goal to preserve a vast quantity of wealth that can someday be converted to the currency of the day? In that case bullion -particularly in the form of large bars - will give you the largest quantity of gold per dollar spent. It's not fungible in the strict sense, and you can't really use it for small purchases. But it WILL preserve large quantities of wealth. But do you want to have an every-day currency that cannot be counterfeited, is easily carried, privately spent, is completely fungible, can be used to buy small purchases like a sandwich, coffee or ammo and that's also inflation-proof? This is where goldbacks shine. Best of all? that enormous premium (almost 100% if buying from the lowest-priced suppliers like Alpine Gold or Defy The Grid) you pay to buy goldbacks vs. billion is immediately recoverable (and then some, since the daily exchange rate can be 3 to 5% more than what you paid for them) when spent. That relatively high premium not only covers the cost to manufacture while still providing a profit margin for goldback retailers, it also gives you the buyer the utility of being able to spend it like cash while getting your premium back. Hard to do that with bullion - even if you carry around a small file and a gram scale, and can convince vendors who might somehow be willing to play ball that it's real 24K gold.

Can't believe the marketing manager of a company just said on national tv "when the zombies come out"

buy silver

@HappyHermitt

2 ай бұрын

Why? You need 50lbs just to have anything. Who wants to store all of that? You obviously. Buy gold. Or platinum if you cant afford gold. I refuse to haul around hundreds of pounds of silver. just to make a few dollars.

@zeus014

Ай бұрын

@@HappyHermitt Agreed. Trying to convince that vendor that your 1963 silver dime is real silver and worth $2 rather than ten cents might be a challenge...

The premiums are shy high on thede. If youre a gold stacker, theyre not for you. You are paying way more than theyre worth in weight. But theyre pretty... lol

@x7empestx

2 ай бұрын

The point is to make commodity $ more widespread and usable for general transactions. The elimination of gold has made the value of labor superfluous and essentially in a SHTF scenario worthless. Read Marx, fiat isn’t $ as defined for the previous like 5000 years of human history. Yeah, sure it has been real for us for like 50-80 years now, but they are laundering their own credit and creating value out of thin air. Value has to be produced and be backed by something more than debt. Yeah, put your investments into bullion, but divest a portion of your disposable cash into goldbacks as it becomes popular. Bitcoin, which is actually fictitious currency, had the same critiques 10-15 years ago, it’s worth $63k right now. Which it acts like digital gold today and will continue to appreciate in value unless the dollar becomes deflationary (not happening with the current uniparty dictating policy in the USA) I’m not saying Goldbacks are the future, but I find it extremely hard to think in today’s day with so much uncertainty that this won’t catch on like wildfire and spread to at least 30 other states in the next 5-8 years. No way it won’t unless we magically get our shit together as a nation (again, highly unlikely without serious intervention on monetary policy)

They will use them when the dollar goes to zero

and completely illegal

@derrickjohnson4952

2 ай бұрын

How are they illegal ?

@oleonard7319

2 ай бұрын

@@derrickjohnson4952 read the constitution

@HappyHermitt

2 ай бұрын

I swear. Some people have no brains.

@HappyHermitt

2 ай бұрын

​@@derrickjohnson4952Ignore the delusional. They are why this society is falling apart.

@silentrage8961

2 ай бұрын

Well it's obvious, that the state supreme courts of Utah,Nevada,Wyoming, South Dakota, and New Hampshire, found a way that it was constitutional, Jackwad!!! Gold and silver monetization by means of recognizing precious metal coin constitutes a Constitutionally reserved state power. The Utah Supreme Court has similarly observed: “The clause 8 [U.S. Const. Art. I Sec. 10] is not a directive to the states to deal only in gold or silver coin; rather, it is simply a restriction on states establishing any legal tender other than gold or silver coins.” 9 Acting within the boundaries of their reserved powers, the states have broad discretion. Exercising its constitutionally reserved powers is exactly what is accomplished by the Specie Legal Tender Act, which reads in pertinent part as follows: Subject to Subsection 59-1-1502(3), as used in this part, “specie legal tender” means gold or silver coin that is issued by the United States. 10 (3) Gold or silver coin or bullion, other than gold or silver coin that is issued by the United States, is considered to be specie legal tender and is legal tender in the state if: (a) a court of competent jurisdiction issues a final, unappealable judgment or order determining that the state may recognize the gold or silver coin or bullion, other than gold or silver coin that is issued by the United States, as legal tender in the state; 11 Or, in its simplest form: “Gold...coin or bullion...is legal tender in the state if...a court of competent jurisdiction issues a final, unappealable judgment or order determining that the state may recognize the gold or silver coin or bullion...as legal tender in the state.” (Ibid.) In adopting this language, the legislature essentially agreed to recognize as legal tender whatever the Utah Courts may deem proper. Fortunately, as of the adoption of the SLTA, the Utah Supreme Court had already spoken on this subject.

Y'all, Jesus said: "That no man shall buy or sell save he who has the mark of the beast...". He did NOT say, unless you have precious metals...LOL... Doesn't matter what you call "currency" no one will take it unless you have the mark... (or you have canned food to trade).

@HappyHermitt

2 ай бұрын

Whos marked?

@kayllenstarships9009

9 күн бұрын

Nightmare tales for sheep

This has to be the dumbest fucking thing on the planet... what business would except this? Weed dispensaries? Damn she is the hottest news anchor milf on the planet. Please do playboy someday... please!

@kivie13

3 ай бұрын

Take a look at the featured businesses on the Goldback site. Lots of businesses accept them, especially in Utah where they have been in circulation the longest. I stack, lease, and vault my Goldbacks and I wish I could buy more than I already do.

@charlieabel1533

3 ай бұрын

I accept them in my business and I'm in Hawaii.

@pauldavid8119

2 ай бұрын

​@@kivie13he's just a unknowing slave working & trading for nothing but a piece of paper that is loan to him. ! Have traded more in silver in 2 out of the last 3 years in silver then ¡ have in US treasury notes! because ¡ don't use Federal Reserve notes anymore, it enslaves everyone that uses them, title 12 USC 411 make your demand for a love for money and it throws the debt, taking it out of the hands of the Federal Reserve Bank and putting in hands of the United States Treasury!

@pauldavid8119

2 ай бұрын

​ purchase more things in the last 3 years with silver, then I have with United States Treasury notes and don't use Federer banknotes. Pursuant Title 12 USC 411 make your demand for lawful money

@HappyHermitt

2 ай бұрын

​@@charlieabel1533 We just went to Hawaii. I wish I would have known