GOLDBACKS - THE FUTURE OF FRACTIONAL GOLD?

Goldbacks are fractional gold in currency form. They come in a variety of fractional options, and are accepted as negotiable instruments in 5 states. Today's video dives into the features of Goldbacks, and answers the question, should these be stacked? Below are links to Goldbacks, as well as a deal from Bullion Exchange where you can get one at spot prices. Check it out!
Here is more information about Goldbacks:
www.goldback.com/about
Here is a link to get a Goldback at Spot!
bullionexchanges.com/gold-at-...

[@Bullionexchanges]

Thank you for the shout out! Great video ✨

[@KingdomSilverKC]

Thank you! Have always enjoyed doing business with your company. Appreciate so many at spot deals!

[@joebonic1415]

These are awesome - I have many, every denomination as well. I’ve used them for trade / purchases many times up in NH

[@KingdomSilverKC]

That's awesome! I hope my state decides to come on board as well. Would like to use them.

[@joebonic1415]

@@KingdomSilverKC i heard they’re launching Colorado Goldbacks soon - they’ve been expanding pretty quick. Hope to see them everywhere eventually

[@jaybarr3307]

Recently bought a bundle of fifty NH "ones" to try spending around the state. Have not had trouble and have spent them in 3/4 of the places I've inquired at. None of these establishments were listed places taking Goldbacks but they did. One was in MA as well, a state where they don't have Goldbacks yet.

[@KingdomSilverKC]

@@jaybarr3307 That's awesome!

[@tecknows]

I just purchased 5 $1's of each state myself. This is the most recent Goldback Video online. Goldbacks have reached a max of $5.09 a piece in valuation a few days ago to $4.87 today. I just purchased mine for $4.62 so I got a "deal". I'm going to make them a 10% stake in my Gold and Metals portfolio. They absolutely appeal to me, and I foresee them growing in the future as the paper bill becomes worthless.

[@KingdomSilverKC]

Very well could be the case! We definitely know paper money will continue to lose value. Would love to see my state accept these as well!

[@Boredaff]

I love them but mainly a novelty, they're super good for getting people interested into stacking. I think silver works so well for small exchange I'd rather go that direction

[@KingdomSilverKC]

Same here. Would love to see these more mainstream and at MUCH lower premiums, but, for now, fractional silver is hard to beat.

[@silversleuth007]

The goldbacks are cool. I would not stack them, but they are very neato. I wouldn't mind having one, though Thanks for sharing.

[@KingdomSilverKC]

Absolutely! I made sure to include a link to the Bullion Exchange deal for those that are interested.

[@martinrev8487]

Maybe in time, after a few ups and downs on the economic rollercoaster you can pick them up closer to melt in a private sale. In that situation, absolutely. But between silver and MapleGarm 25s, that is plenty of divisibility.

[@KingdomSilverKC]

Good thought, and maybe so! In the meantime, as you mentioned, there are other options.

[@Metalmatte-31.1]

I have some New Hampshire Gold Backs. They look beautiful but the premium just kills the idea of stacking them for me. Using them as currency is difficult as the exchange rate is not universally accepted

[@KingdomSilverKC]

Agreed. If you can find them at a decent price, I am all for it. But they seem high compared to other avenues.

[@jaybarr3307]

I wouldn't understand anyone that stacks fractional silver for reasons of barter, but didn't stack these also. That would make no sense to me. Premium rises with utility whether is GB's or fractional metal. I think Goldbacks make a ton of sense and have recently acquired some and begun spending them at various places. All you gotta do is ask, it's amazing how many will say yes to them.

[@KingdomSilverKC]

I'm glad to hear they are becoming more mainstream! And I definitely agree about the premium rising point. We saw premiums growing significantly when the silver squeeze hit. Could definitely see the same here. I am taking a bit of a wait and see approach, but am also looking to snag a few when I can and budget allows!

[@keithwelch8563]

I think these are cool to collect but not practical the gold can’t be recovered, congrats on the special edition silverback

[@KingdomSilverKC]

Thank you! Thankful that I was able to get one.

[@ihavetofishable]

Stacking Goldbacks at the price of $11,500+ per oz gold is RIDICULOUS but if getting RIPPED OFF is your thing... Have at it.

[@KingdomSilverKC]

I agree. If you can pick some up at reasonable premiums, that makes sense. But the premiums are pretty high at the moment.

[@ihavetofishable]

@@KingdomSilverKC The only 'reasonable' premium is a 90% discount. I'd much rather buy 1/10 Gold Eagles than these hyper-expensive novelties.(Thanx for reply)

[@KingdomSilverKC]

@@ihavetofishable Absolutely, I appreciate your thoughts. There are definitely much better deals at the moment. Would rather have an eagle or a 20 francs.