• "Spreading the ideas of freedom loving people on matters regarding metals, finance, politics, government and many other topics"

And now, Nevada and New Hampshire Goldbacks coming too!

Ragnarok

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Evidently the Goldbacks Project is catching on. Nevada goldback are in the process of being made, don;t know when they will be available.
If this gets big and every state begins issuing them there will have to be some verification/anti-counterfeiting measures implemented, if there aren‘t already.

goldback.com

https://www.google.com/url?sa=t&rct...w_hampshire/&usg=AOvVaw3EsNuQxZ5IjepNRx2oxrLD

Could there be a GIM2 goldback some day?

10022625-BD46-4929-90C1-B4C308DE3302.jpeg
 
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Densus

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I like the one Utah Goldback that I have. I have seen a Goldback wallet online. I like it too. Reminds me of large billfolds in some old west movies.
 

Buck

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if i begin to use these, can i make my purchase without paying sales tax?
 

Uglytruth

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Can out of staters simply hold them & cash them in when needed?
 

Ragnarok

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I don’t see why not. I found out that this is a project, the Goldback Project, and any state can participate. I would think that as more states join, each goldback would be able to be used in any state. Some businesses in states outside of Utah are accepting goldbacks, so it looks like they will eventually be an actual currency anywhere.

R.
 
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ZZZZZ

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How long before some wacko claims that "gold money" is racist because there is a white girl on the note.

"Just askin' for a friend."
.
.
 

Buck

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gold is a color, why does IT have to be used to represent money?

this is not fair to gold...
 

Ragnarok

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gold is a color, why does IT have to be used to represent money?

this is not fair to gold...
Gold doesn’t represent money. It IS money.

R.
 

Voodoo

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Uglytruth

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Has anyone ordered any?
 

Ragnarok

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I ordered a set just for kicks and to check them out.

R.
 
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nickndfl

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Bullshit. Why not just use real gold coins or gold dust? That's real money. I learned about it on GIM.
 

Ragnarok

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Bullshit. Why not just use real gold coins or gold dust? That's real money. I learned about it on GIM.

Kinda hard to make a 1/100toz coin. And gold dust requires a scale.

R.
 
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Bottom Feeder

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Now, if all these 'goldback' printing states can get together and agree one goldback = XXX grams of gold.
It would be a drag if each state made them different gold weights.

BF
 

Voodoo

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Now, if all these 'goldback' printing states can get together and agree one goldback = XXX grams of gold.
It would be a drag if each state made them different gold weights.

BF

What part of 1/1000th of an ounce is confusing. Let's see that is 0.0311 grams. I don't see any reason why the amount will change from state to state. Just the art, etc.
 

RogueBeekeeper

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Nevada is coming out in a couple of months. New Hampshire is further out. The theme for the New Hampshire Goldback is all from the colonial/revolutionary war era. On one of the designs it shows off the capture of a British fort that had cannonry that was then sent to Boston.

Ummmmmmmm.... here is a special preview, just for you guys...

IMG_20200701_102251.jpg
 

plata_oro

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if i begin to use these, can i make my purchase without paying sales tax?

It's currency outside the jurisdiction of the FED and it's subordinate banks and corporations. I would say yes. But it depends on Utah, Nevada and New Hampshire law. A 10th amendment issue well worth more discussion should the FRN lose reserve status.
 

ZZZZZ

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Ragnarok

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Pay the tax in clad tokens and debt notes, it’s all they deserve.

R.
 

Ragnarok

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The more states that join the Goldback Project, and the more Goldbacks are used, the more the Fed is repudiated and removed from daily life. That’s a plus.

R.
 

plata_oro

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The more states that join the Goldback Project, and the more Goldbacks are used, the more the Fed is repudiated and removed from daily life. That’s a plus.

R.
Amen. The forgotten currency, god's money regains notoriety. It will be like an avalanche comin' down the mountain. Those like us who took action years ago get to ride the wave from the top down. Those below, watch out!
 

chieftain

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I'm sensing a repeat of history...
 

historyrepete

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Nevada is coming out in a couple of months. New Hampshire is further out. The theme for the New Hampshire Goldback is all from the colonial/revolutionary war era. On one of the designs it shows off the capture of a British fort that had cannonry that was then sent to Boston.

Ummmmmmmm.... here is a special preview, just for you guys...

View attachment 172248
B keeper did you go to pork fest in NH this year?
 

the_shootist

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B keeper did you go to pork fest in NH this year?
Wait, Bkeeper is from NH and NH has a porkfest? Why doesn't anyone tell me these things????
 

the_shootist

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Pay the tax in clad tokens and debt notes, it’s all they deserve.

R.
There you go!!! I knew those FRNs would come in handy some day
 

ZZZZZ

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Wait, Bkeeper is from NH and NH has a porkfest? Why doesn't anyone tell me these things????

It's PorcFest, short for Porcupine Festival. Porcupine is the mascot for the Libertarian Party, like the Donkey and Elephant are for the Demoncraps and Repukelican'ts.
.
.
lpporcupine.jpg
 
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the_shootist

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It's PorcFest, short for Porcupine Festival. Porcupine is the mascot for the Libertarian Party, like the Donkey and Elephant are for the Demoncraps and Repukelican'ts.
.
.
Aw crap, I was thinking pig roast!

BTW, best deal I can find on Utah GBs is here

$15 flat rate shipping
 
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Ragnarok

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Now, if all these 'goldback' printing states can get together and agree one goldback = XXX grams of gold.
It would be a drag if each state made them different gold weights.

BF

The weights have already been determined, there will be no odd weights. All goldbacks are made by one company, Valaurum.
 

the_shootist

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Exchange rate 1 GB=$3.10 FRN
 

MrLucky

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Sounds like a project that will eventually go the route of the Norfed coins.
 

the_shootist

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I threw a few shekels at some in the spirit of diversifying my portfolio
 
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Ragnarok

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Sounds like a project that will eventually go the route of the Norfed coins.
Doubtful. What got Norfed in trouble was minting coins and calling them dollars. Goldbacks are not coins, the minting of which is prohibited to the states, and have no currency affiliation.

R.
 
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D-FENZ

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Admittedly, I'm a natural sceptic. I don't trust PM coins encapsulated in plastic and I don't take wooden nickels. My wife even calls me a Yeahbut. So there's that...

But seriously, there are way- way too many ways these things could go sideways. Hell, they're already sideways, straight from the mint in my view. From the manufacturer clipping the weights- who would know?- to counterfeiting, to the sketchy viability as a currency... And those premiums. Seems to be just another geegaw- a shiny geegaw- but a geegaw none the less. Barely an upgrade from crypto.

What's wrong with a solid chunk of metal that can be verified?

My 2 cents.
 

Uglytruth

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plata_oro

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Sounds like a project that will eventually go the route of the Norfed coins.

It's not impossible, but I am willing to guess the Goldback project used a bit of the ruling against Bernard von Nothaus to prevent that from happening. The Feds and the FRB don't have jurisdiction over this currency as for one; it's voluntary. Two; the state (10th amendment) authorizes it's use as legal tender. And three; it does not resemble US Treasury or FRB currency.
 

Ragnarok

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What's wrong with a solid chunk of metal that can be verified?
.

Nothing at all if you aren’t looking for change from a purchase, especially when gold goes to $10K.

Goldbacks satisfy the need for SMALL amounts to be used in everyday trade.

As to verification/counterfeiting/cheating in the gold quantity, you might write to the manufacturer to find out jow they’re addressing those concerns. that. If it was ever discovered that not enough gold was being used, it would kill the project dead instantly. They have a vested interest in making certain you get what you’re paying for and a business gets what they are expecting in payment.

2c,
R.
 

D-FENZ

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Nothing at all if you aren’t looking for change from a purchase, especially when gold goes to $10K.

Goldbacks satisfy the need for SMALL amounts to be used in everyday trade.

As to verification/counterfeiting/cheating in the gold quantity, you might write to the manufacturer to find out jow they’re addressing those concerns. that. If it was ever discovered that not enough gold was being used, it would kill the project dead instantly. They have a vested interest in making certain you get what you’re paying for and a business gets what they are expecting in payment.

2c,
R.
Fair enough.

At least 90% of the transactions large or small would need change in return anyway whether gold is $1800 or $10,000 an ounce. But that is what silver is for- again- in recognizable, verifiable quantities. It is a very important distinction if it is to be an acceptable, tradeable, dependable currency in a post dollar world.

Yes, I know that the USD has little to no intrinsic value either, but for use as a currency it does work for now and it will get you just about anything you want- including goldbacks. What does that tell you? Only a miniscule percent of the population would have any idea what a real goldback looks like or what it's for. Another very important distinction for it to be used as a dependable currency.

I am pretty sure that just about anyone with a heat sealer, a printer, some brass foil and a little effort can closely replicate a goldback that is indistinguishable from the 'real' deal- especially if gold goes to $10,000 an ounce. And what is the scrap value of a goldback of any denomination really worth if someone tries to open it up to assay it? Then there's the question of whether or not the things are real from the factory. Don't know how many of them have already been sold but if any of them are discovered to be fakes or of less gold than the stated amounts, the project as you say would no doubt die instantly. But the promoters would have already made quite a haul. Humans can be very clever.

I'm not trying to piss in anyone's Cheerios here, just trying to keep it real.