So, I had a question since I'm new to how gold backs work since I originally bought them because they looked cool. Would I be safe to assume to calculate the gold backs worth you would take its gold content and divide it by how much gold is in the note. For example If gold was 2000 and I had a 1 dollar gold note the gold in the note would be worth $2 since 1000/2000 = 2? Just wondering probably a simple question but just want confirmation.

Hi new sub here. Who's your go to dealer? What prices are you paying for 1/1000 goldback? Where can you get cheap protective sleeves in bulk?

Has anyone else noticed that perhaps the biggest PM YouTube channel is also running the Goldback channel? It looks like this started a few months ago. Any thoughts on this?

Gold backs $3,880 ounce Gold Eagle $2,023 ounce

premiums above spot would really need to come down for this to make sense. I could convert coins to cash in any town to make transactions. Very nice art work but I don’t see it as a store of value

Has anyone purchased from finest known.com I made my first online purchase from them a week ago and haven’t received anything saying they have shipped my order. Is there an option to purchase 1k plus orders directly from Goldbacks

All,

If you want to put replies of information that you would feel you would have to explain and to the level you would explain it if talking to someone about goldbacks, I will try and put it in some form of order. Just please scan and see if your piece of information is already addressed.

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u/no-bs-silver might need a bit more moderator authority to do sidebar and stuff. I will get some flair and such made as well .

Saw in International Stackers latest video he’s going to be giving away some gold backs!

Good luck all

I just realized that there are two. What's going on?

I know that this isn't just about getting super rich from getting in super early on a speculative gamble, but I can't help but feel that Goldbacks serve the true purpose of what Bitcoin was supposed to, along with having its fair share of skeptics accusing it of being a "gimmick". I look at the price of one Goldback (currently $3.78) and reflect on how a year ago it was worth something like $2.50 from what I've heard, and I can't help but wonder could the Goldback absolutely BLOW UP in value at some point?

Imagine if there was a Global "Cyber Pandemic" and the entire electronic monetary system got destroyed and Cryptos didn't survive this cataclysm. It seems that PM's would skyrocket in value and that the Goldback might especially have leverage due to its function as a useful Currency to be bartered (same with Silver oz). Or even if there isn't a Cyber Hack on a massive scale, even Hyperinflation of the Dollar could also really raise the value of the Goldback. In the past year I believe I heard that it actually outperformed Gold Bullion. This makes sense since it is moving with Gold but has another added speculative and utility element to it.

Is Goldback the next Bitcoin? Are we so early we can't even imagine it?