Are Goldbacks real Gold ? Yes… 24 K Gold
Slowly more people are moving away from the big Banks and HODLing Bitcoin and other Crypto currencies like Monero, Ethereum, Litecoin, HBD, Blurt, etc ….
What do you think about Goldbacks ?
I used to but Silver Maples but decided to also add Gold, but at $ 3500 per Oz, I looked to buy the Maple grams that are all out of stock …
So I searched and found 1/1000 Oz goldbacks and ordered a few… these are now used as a legal Currency in 6 States.
Buy in USA : https://defythegrid.com/product/1-florida-goldback-2025-alpha/ref/17577/
Buy in Canada : https://canambullion.ca/product/one-nevada-goldback-caritas-charity/
Are Goldbacks real Gold ?
The Contrarian Podcast : https://contrarianpod.com/content/podcasts/season4/goldbacks-gold-backed-currency-in-circulation/
Jeremy Cordon joins the podcast to discuss his Goldback creation. These gold-imbued currency notes are worth upwards of 1/1000 a troy ounce and are already circulating (and being used) for point-of-sale transactions.
Content Highlights
Goldbacks seek to solve one of the challenges of using gold as a currency of exchange: the lack of small denominations that can be used in point-of-sale transactions (2:57);
A single goldback is worth 1/1000 of a troy ounce of gold, or about $4 at current rates. The notes are imbued with physical gold through a microtechnology process and serialized (5:06);
Goldbacks trade at a premium to physical gold because of the engineering and artistic labor that goes into their production — and demand, as supply has historically been limited (8:54)
Goldbacks as a disaster hedge (12:48);
Background on the guest and how he came to create goldbacks (16:57);
The limitations of cryptocurrencies when it comes to creating a gold-backed currency, through the guest’s own experience (21:35);
The legality of creating gold-backed currency (24:12);
Between $8 million and $12 million-worth of goldbacks are currently in circulation, but goldback.com is a wholesaler (26:48);
The guest’s investing strategy and the concept of gold-backed leases as a way to profit from the goldback trend (30:57).
Yes.
Goldbacks are real 24 k Gold. 99.9999 %. (Same as Gold Maple)
… 1/1000 Oz …. 1/500 Oz … 1/100 Oz
More Information : https://www.goldback.com/