Happy Sunday everyone! 🌞🍁. It's a sunny, crisp Autumn day here in Ottawa and I hope you're having a wonderful weekend wherver you are. Can you believe it's almost November?
Precious metals have started to make the MSN lately, espedcially with gold hitting all-time-highs. With an ounce of gold at around $3,820 CAD these days, this make owning it less affordable for more people.
Have you ever heard of or maybe even seen a Goldback? Goldbacks are a unique form of currency that combine the intrinsic value of gold with the convenience of paper money. Each Goldback is made using a thin layer of 24-karat gold, precision-fused between layers of protective polymer, making it durable yet spendable. These bills come in denominations of 1, 5, 10, 25, and 50, each containing a specific weight of gold, allowing for practical purchases without needing full gold coins or bars. Unlike traditional fiat currency, which derives its value from government backing, Goldbacks are valuable in and of themselves due to the gold they contain. They’re accepted at an increasing number of businesses across the U.S., especially in regions where people value gold as a hedge against inflation and economic uncertainty.
"The Goldback solves a 2,600 year old problem in that gold can be spent in small, interchangeable increments.” - Dr. Mark Voelker, U.S. Precious Metals Assoc. Board Member
Goldbacks are primarily accepted as currency in certain businesses in states like Utah, Nevada, South Dakota, New Hampshire, and Wyoming, where there is a growing interest in alternative, asset-backed currencies. These states are more open to accepting Goldbacks as a way to preserve purchasing power, especially in smaller, local businesses such as cafés, shops, and some service providers. Although Goldbacks aren’t widely accepted nationwide, their network of accepting merchants is steadily growing, especially among those who value the stability of gold and want a currency option outside of traditional fiat money.
Whether you’re a collector, investor, or simply intrigued by alternative currencies, Goldbacks offer a practical and visually stunning way to own gold. You can buy them at your local coin shop (call first to see if they have any in stock) or at online dealers. In Canada, I've seen them at CanAmBullion.ca, and TruePreciousMetals.ca.
🚨 YOU'RE INVITED TO MY FREE WEBINAR ON NOV. 6 @ 7PM ET - "WHY PRECIOUS METALS? WHY NOW?".
Are you concerned about...
Losing your purchasing power, and seeing a decrease in your savings and maybe even retirement, due to the evils of inflation?
A growing distrust of the financial system, even banks?
The impacts of geo-political events and growing government debt?
A lack of financial privacy?
Are you curious about physical precious metals but have questions about how to get started? Maybe your just not sure even where to begin such as what's available and at a good price, gold vs silver, coins vs bars, where to buy safely, how to store securely?
Find out more about the simple and practical steps you can make right away to reduce your anxiety and boost your knowledge and confidence about physical precious metals to help you decide whether they may be right. Find out more about this special live webinar and register for free by clicking on the button below.
Questions? Shoot me an email at preciousmetalscoach@proton.me. I hope to see you there!
Regards,
David
Comentários