I just don't believe all the hype about gold being a great place to park money right now. The price of gold has been at a plateau for the past 3 years, with ups and downs, but it just doesn't look like there is the big climb the gold sellers are trying to tell potential customers. If gold was such a great buy, wouldn't they put all their resources into buying it for themselves, rather than selling it to others?
Any thoughts on gold are appreciated.
Cool technology! Premiums are a bit high but chances are you will recover the premium when you sell/trade. There are a few scenarios that would result in loss of the premium, but since the notes contain gold they can be melted down.
According to other reviewers, they are not as durable as paper notes.
The artwork on Goldbacks is amazing. IMO they are not as pretty in real life as the pictures look. Gold just isn't an ideal canvas. I have some and I would buy more if my local dealer did not charge so much more than average. (Outside of the few currency states.)
Goldbacks may be a solution to a problem the doesn't exist. Venezuelans are trading with gold flakes. Anons should at least be aware of what a Goldback in case we need to trade with frens.
Thanks for your reply. Premiums are high. I haven't compared premiums for goldbacks to coins etc but will.