*Interested in precious metals investing?* ↴ *1)* Claim up to $10,000 in FREE silver when you open a Gold IRA: 👉 geni.us/GoldcoKit *2)* Join our #1 rated stock investment newsletter to profit in the markets: 👉 geni.us/GoldNewsletter
It's either the future of money or it's a novelty that will fizzle out. If it's the latter, then the notes will have collector value in the future. And they'll always be worth whatever gold is in them.
@GoldAndSilverCentral The processing of Goldbacks, making them, is very high tech and expensive. If you compare the premium on Goldbacks to fractional Gold such as .5 and 1 g tiny bars, the premium is very much like Goldbacks. BUT the utility of Goldbacks is amazing and much better than trying to use those tiny bars in barter, trade, or purchase.
in this video it says they are probably only good for LARGE purchases but not for small purchases (as it shows someone at like a farmers market shaking their head no)... the current exchange value on today's date: 10/14/2024 is $5.45 which means that a 1 goldback can be used to exchange for $5.45 of goods and or services at accepting businesses.. to me $5.45 is NOT considered a LARGE purchase... and being a fungible asset that means that the LARGEST Goldback the 50 goldback is still only $272.50 worth of goods and services... ... and as for that farmers market, Goldbacks are gaining in popularity and usage as people realize that they can receive actual gold in a secure format for their produce
Great question. Under Employee Retirement Income Security Act, gold IRA custodians are considered fiduciaries and must act in the best interests of their customers. You can (should) always double check that with Goldco, but one thing is clear - they are one of the top rated Gold IRA companies in the US, with thousands of positive reviews. And currently they are offering up to $10,000 in FREE silver on qualified purchases to new customers, so you may want to act fast to claim your offer: geni.us/GoldcoKit
*Interested in precious metals investing?* ↴
*1)* Claim up to $10,000 in FREE silver when you open a Gold IRA: 👉 geni.us/GoldcoKit
*2)* Join our #1 rated stock investment newsletter to profit in the markets: 👉 geni.us/GoldNewsletter
Goldbacks are the future of REAL MONEY
What exactly/why do you think goldbacks are the future of real money? Share your thoughts with us :)
@@GoldAndSilverCentral Gold is the only way back to sound money. Goldbacks are the BEST form of Gold money.
@@GoldAndSilverCentral The Dollar is dying. Gold is the future of real money and Goldbacks are the best Gold money.
It's either the future of money or it's a novelty that will fizzle out. If it's the latter, then the notes will have collector value in the future. And they'll always be worth whatever gold is in them.
Thank you for sharing your thoughts!
All fractional gold has premiums. Goldbacks no different. The process is very expensive.
Could you please elaborate, Jerome? What process exactly are you referring to?
@GoldAndSilverCentral The processing of Goldbacks, making them, is very high tech and expensive. If you compare the premium on Goldbacks to fractional Gold such as .5 and 1 g tiny bars, the premium is very much like Goldbacks. BUT the utility of Goldbacks is amazing and much better than trying to use those tiny bars in barter, trade, or purchase.
in this video it says they are probably only good for LARGE purchases but not for small purchases (as it shows someone at like a farmers market shaking their head no)... the current exchange value on today's date: 10/14/2024 is $5.45 which means that a 1 goldback can be used to exchange for $5.45 of goods and or services at accepting businesses.. to me $5.45 is NOT considered a LARGE purchase... and being a fungible asset that means that the LARGEST Goldback the 50 goldback is still only $272.50 worth of goods and services... ... and as for that farmers market, Goldbacks are gaining in popularity and usage as people realize that they can receive actual gold in a secure format for their produce
How can any form gold be a scam 😅😂😂😂
Is GOLDCO a FIDUCIARY?
Great question. Under Employee Retirement Income Security Act, gold IRA custodians are considered fiduciaries and must act in the best interests of their customers.
You can (should) always double check that with Goldco, but one thing is clear - they are one of the top rated Gold IRA companies in the US, with thousands of positive reviews.
And currently they are offering up to $10,000 in FREE silver on qualified purchases to new customers, so you may want to act fast to claim your offer: geni.us/GoldcoKit
My goldbacks have increased, 25% in gold value, still abit to make up . Im cool with them
Thank you for sharing, Rowdy!