• "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

And now, Nevada and New Hampshire Goldbacks coming too!

Ragnarok

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#1
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
 
Last edited:
Joined
Jul 22, 2014
Messages
251
Likes
273
#2
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.
 

Uglytruth

Midas Member
Midas Member
Site Supporter ++
Joined
Apr 6, 2011
Messages
10,351
Likes
18,961
#4
Can out of staters simply hold them & cash them in when needed?
 

Ragnarok

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#5
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.
 
Last edited:

ZZZZZ

Platinum Bling
Platinum Bling
Site Supporter ++
Joined
Dec 23, 2017
Messages
5,597
Likes
12,129
Location
Northern Arizona
#6
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

Village Idiot
Midas Member
Site Supporter ++
Joined
Apr 13, 2011
Messages
12,776
Likes
13,449
#7
gold is a color, why does IT have to be used to represent money?

this is not fair to gold...
 

Ragnarok

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#8
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

Gold Member
Gold Chaser
Site Supporter
Joined
Mar 31, 2010
Messages
1,940
Likes
2,499
Location
Deep Underground Bunker
#9

Uglytruth

Midas Member
Midas Member
Site Supporter ++
Joined
Apr 6, 2011
Messages
10,351
Likes
18,961
#10
Has anyone ordered any?
 

Ragnarok

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#11
I ordered a set just for kicks and to check them out.

R.
 
Last edited:

nickndfl

Midas Member
Midas Member
Midas Supporter ++
Joined
Jan 7, 2011
Messages
14,475
Likes
14,176
Location
Florida
#12
Bullshit. Why not just use real gold coins or gold dust? That's real money. I learned about it on GIM.
 

Ragnarok

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#13
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.
 
Last edited:

Bottom Feeder

Hypophthalmichthys molitrix
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
11,042
Likes
21,167
Location
Plague world — still
#14
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

Gold Member
Gold Chaser
Site Supporter
Joined
Mar 31, 2010
Messages
1,940
Likes
2,499
Location
Deep Underground Bunker
#15
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.
 
Joined
Jun 25, 2020
Messages
73
Likes
185
#17
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

Seeker
Seeker
Joined
Aug 15, 2012
Messages
317
Likes
205
Location
Treasure Valley
#18
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

Platinum Bling
Platinum Bling
Site Supporter ++
Joined
Dec 23, 2017
Messages
5,597
Likes
12,129
Location
Northern Arizona
#19

Ragnarok

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#20
Pay the tax in clad tokens and debt notes, it’s all they deserve.

R.
 

Ragnarok

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#21
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

Seeker
Seeker
Joined
Aug 15, 2012
Messages
317
Likes
205
Location
Treasure Valley
#22
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

Silver Miner
Joined
Jan 4, 2020
Messages
1,465
Likes
1,973
#23
I'm sensing a repeat of history...
 

historyrepete

Silver Member
Silver Miner
Joined
Nov 24, 2013
Messages
2,307
Likes
3,422
Location
driving thru flyover
#24
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

Old Pasty White Guy
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
47,783
Likes
81,519
Location
Earth
#25
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

Old Pasty White Guy
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
47,783
Likes
81,519
Location
Earth
#26
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

Platinum Bling
Platinum Bling
Site Supporter ++
Joined
Dec 23, 2017
Messages
5,597
Likes
12,129
Location
Northern Arizona
#27
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
 
Last edited:

the_shootist

Old Pasty White Guy
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
47,783
Likes
81,519
Location
Earth
#28
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
 
Last edited:

Ragnarok

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#30
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.

R.
 

Ragnarok

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#31
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

Old Pasty White Guy
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
47,783
Likes
81,519
Location
Earth
#32
Exchange rate 1 GB=$3.10 FRN
 

MrLucky

Gold Member
Gold Chaser
Silver Miner
Site Supporter ++
Joined
Apr 27, 2011
Messages
1,373
Likes
1,153
Location
Down the rabbit hole
#33
Sounds like a project that will eventually go the route of the Norfed coins.
 

the_shootist

Old Pasty White Guy
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
47,783
Likes
81,519
Location
Earth
#34
I threw a few shekels at some in the spirit of diversifying my portfolio
 
Last edited:

Ragnarok

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#35
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.
 
Last edited:

D-FENZ

Gold Chaser
Midas Supporter
Platinum Bling
Joined
Jan 24, 2011
Messages
2,862
Likes
6,829
#37
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.
 

plata_oro

Seeker
Seeker
Joined
Aug 15, 2012
Messages
317
Likes
205
Location
Treasure Valley
#39
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

I'd rather be
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
5,777
Likes
4,768
#40
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.