What is a Goldback?

Adam Trexler explains the technology behind the Goldback.
Against popular belief, goldbacks are not made from pressed gold. They are actually made by depositing the individual gold atoms onto a layer of polymer.
Learn more: www.goldback.com

[@billc.9389]

Goldbacks are a neat idea. I bought a few just for the hell of it. But, I hope the technology improves in a way that making these becomes more efficient, thus lowering the premiums. I keep a small stack for SHTF scenarios. I doubt I’ll buy more any time soon. They are stunning, though.

[@tgurlamber5874]

More Goldbacks please!!

[@lonesilver4561]

I absolutely love this. I am currently conducting small trade using goldbacks and pre 64 us silver. Im doing my best to raise awareness but i need help! share this idea around the world!

[@coincollectingfun]

Liked and subscribed! I love gold backs!!

[@adam_bombs_delgado]

May I suggest issuing these with a qr code enabled NFT this way people verify them on a blockchain? It could also open up the door to defi...

[@silvertaniwha1314]

UPMA Thank you so much for my Goldback. It is so super cool 👀WOW👀 love it so much that I already want more

[@silvertaniwha1314]

How Do I get my hands on these? I'm from New Zealand and I really want some

[@scorpmusic2625]

Silver Taniwha go to upma.org and sign up to get 1 Goldback free. I’m not sure if they ship out of the U.S. though. I have also seen them for sale on eBay w/ a rather large premium attached. Good luck.

[@doublestack8686]

APMEX .com

[@silvertaniwha1314]

@@doublestack8686 for these bro you're better off staying away from Apmex. massive premium there. You're better off buying straight from the guys that make them.

[@silvertaniwha1314]

@@scorpmusic2625 my Goldback arrived in NZ last week thanks to UPMA

[@xmotomitchx4213]

This process almost sounds like CVD or "Chemical Vapor Deposition" similar to what is used in the semiconductor industry. I'm curious if they use similar manufacturing technology to make these..

[@50srefugee]

CVD involves a molecule that breaks down on contact with the substrate; everything but the desired atoms then evaporates away. This is one of the physical deposition methods involving argon.

[@guntherbeerten9031]

I want to buy this but i live in belguim and i can't find a dealer who ships it to belguim

[@legendsgrinder3364]

Theres a website i got from watching a vid on goldbacks

[@legendsgrinder3364]

Bullionmax but its a US site

[@raulmedina2555]

One question, will gold back production be limited?

[@GoldbackInc]

Goldback production is limited by the number of machines we have making them, since they came out a few years ago we are still getting new ones each year to increase production.

[@mrg7407]

I Love this product. My question is When do you see the Premiums for these products to decrease significantly? Question For example a $5 Goldback Retail is $2 in Gold Spot. I do not have a problem with that. We buy $0.10 Items from China for $1 So If I buy a GoldBack Retail why would I want to trade it at Wholesale spot price? The Goldback should be worth the RetailPrice because it is an Amazin product. I am sure you have run into these types of questions. I understand Premiums and MFG cost. What I am having a hard time is letting any of these leave my hands at Spot.

[@50srefugee]

What exactly is the plastic substrate? Polyester, yes, but what kind?

[@legendsgrinder3364]

Okay so quuck question ... can i melt this and get the gold from it ... if yes how many of them would i need to get an ounce ?

[@GoldbackInc]

Yes! Mike Adams recently did an experiment getting gold out of Goldbacks, you would need 1,000 as 1 GB is 1/1000th of an Oz!

[@rennyzero420]

Gamechanger .

[@randyosborne310]

They should make all denominations the same size so it fits in our wallets conveniently. User friendly.

[@GoldbackInc]

We would've loved to have been able to do that but it was technologically impossible to make a 1 denomination big enough or the 50 denomination small enough. We detail why here: goldback.com/history

[@russsherwood5978]

are ya comming out with a silver back? like the gold back? thet woud be intrestin ta own,, thank ya fer the video

[@chicolittle5409]

Sure they are. They are going to call it the Gorilla.

[@jarodcrazyindian]

It has happened. Silver Dragon.

[@Car1Sagan]

Will a GB test positively with my Sigma Precious Metal Verifier?

[@edwardwonghaupepelutivrusk9270]

Cool

[@eric6616]

Is there such thing as a silverback?

[@bencourtois1184]

Yeah there is silverbacks. But there limited things. Silverbacks came out a long time ago.

[@Harlequin619]

I have a few questions: If I were to melt it down to recover the gold from a goldback how would I do that? Secondly, I attempted to get a free goldback but had yet to receive it through my email. Who do I contact?

[@GoldbackInc]

Great questions! The process for retrieving the gold is called Assay. In this process a lab technician places the goldback in a crucible that is then heated to 2000º Fahrenheit at which the polymer coating on both sides is burned away. After the assay process is complete, the only thing that remains is a small golden sphere. We do not recommend that anyone try this without the proper equipment and training. As far as the free goldback goes, that promotion has ended. Around September of 2019, United Precious Metals Association ran a promotion where one could get a free Goldback, while supplies lasted. If you would like to read more please follow this link: goldback.com/news/over-1000-free-goldbacks-have-been-shipped If you are interested in purchasing a goldback please visit: goldback.com/how-to-get-goldbacks

[@redshifts]

This is why they are so hard to get people to use as people wrap around the premiums. These are meant to be USED. I have been using them for awhile and I don't care about the premium (at this time) as I get that premium back when I use it. Currently you can get these for about $3.66 - $3.77. They exchange at let's say $4. When you use them you are actually saving a little money. Again this currency was designed to be USED in everyday transactions not to hold for investment or even as a saving vehicle. It's one comment on stacking videos and content creators that fixate completely on the premium without understanding completely what the intent was of releasing the GB. For a lot of content creators and the comments on their site about prepping and the state of the dollar and inflation but when shown an alternative they scoff. Just my .02.

[@joebuttas26]

I'm smitten...

[@DanielMartinez-rv6su]

Lmao. So the real winner here is the manufacturer who takes a cut of every currency unit for their services of producing the currency.

[@stacknandpackn6158]

One of the most overpriced premium I have seen so far. At today's gold prices, why would anyone spend 2X the spot price of gold?

[@markvoelker6620]

stackn and packn because they are gold currency, not commodity gold.

[@stacknandpackn6158]

@@markvoelker6620 There is so many things wrong with your statement that I know trying to explain it to you will do no good. Those who truly understand gold know exactly what I am talking about.

[@chicolittle5409]

I just ordered some Goldback singles for three dollars apiece, and the current value is $2.94 . How is that an overpriced premium? If anybody is interested this is the link to the website. rarekoin.com/collections/goldbacks

[@M64936]

@@stacknandpackn6158 You can't buy small amounts of food with an ounce of gold - it's not practical. These are practical for everyday use. I don't think the spot price is 2X though.

[@stacknandpackn6158]

@@strange-universe just keep buying them. When you have spent twice the amount on half the weight you will begin to understand. Buy GoldBacks or US Gold Eagles? I will keep buying Gold Eagles.

[@FuckYa732]

No stop read your note and the art great Big clue sign of the times Art has some Just look