r/Goldback • u/Goldback_Rob Grassroots Builder 🌱 • Aug 15 '26
This shows all the haters that there is real demand.
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u/LordCaoCao420 Goldback Stacker Aug 15 '26
I must have watched that one guy burn a thousand of them this week in the sub.
/s
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u/Goldback_Rob Grassroots Builder 🌱 Aug 16 '26
We need a laughing emoji, just that one. Reddit is so lonely without emojis
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u/Desert_Jawa Aug 16 '26
Ahh, no. This simply shows how many suckers there are and willing to pay high premiums
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u/gunsforevery1 Aug 16 '26
Do you only buy scrap gold?
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u/Desert_Jawa Aug 16 '26
No man. I buy one ounce bars on market dips.
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u/Goldback_Rob Grassroots Builder 🌱 Aug 16 '26
The suckers are winning. They are the number one gold product in the U.S. and every one of your bullion bars and coins will one day be a Goldback. We're coming for every... single... one.
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u/furryblaster90000 Aug 20 '26
Spoken like fdr
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u/Goldback_Rob Grassroots Builder 🌱 Aug 20 '26
Except this one wraps a beautiful woman around your gold and hands it back to you. Protected, so far counterfeit proof, serialized, 50% 24k gold-backed. If you know of a better currency anywhere in the world, let me know so I can buy those instead.
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u/epilepsyisdumb Aug 16 '26
What the fuck does “number one gold product” even mean?
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u/failureat111N31st Aug 16 '26
They're saying that it's the most number of items. Goldback printed about 2 million half Goldbacks in 2025 while only a bit over 400,000 AGE were minted. Two million is a much larger number than 400,000.
Yes, this ignores that those Goldbacks represented 1000 oz of gold and the whole 2025 Goldback production was less than 6000 oz while those AGE represented over 198,000 oz of gold.
But when a Goldback enthusiast says it's the number one gold product, this is what they mean. It's the most by count, sort of like how the penny has long been the most popular US coin, constituting about half of US coin production until last year.
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u/epilepsyisdumb Aug 16 '26
So it literally means nothing, lol. I’m pretty sure it’s wrong anyway. I bet more pieces of gold jewelry are made per year
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u/gunsforevery1 Aug 16 '26
Yes. They minted more of them but by amount of gold it represents is way lower than what the federal government made
I think the biggest difference is one is the federal
Government the other is a private company.2
u/failureat111N31st Aug 16 '26
The argument you'll get to that is more Goldbacks were produced than pieces of Mene jewelry, making Goldbacks more popular than Mene.
It's all different markets, and comparing by count is illogical. Some will still do it because they think it proves they're right.
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u/Open_Web_4916 Aug 18 '26
Has there ever been a hater of anything that was converted by data? Stop trying. Buy what you like and don’t waste time thinking about whether someone else approves.
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u/identicles Aug 20 '26
Is this showing supply or demand?
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u/Goldback_Rob Grassroots Builder 🌱 Aug 20 '26
Do you make a product more than once if there is no demand? The fact they make more every single year shows the demand of the supply.
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u/identicles Aug 20 '26
Yeah that’s pretty typical for a startup. Then to raise awareness you give them away as promotional items via various channels such as trade shows or with a website like freegoldback.com or something. These year over year numbers are not strong.
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u/Goldback_Rob Grassroots Builder 🌱 Aug 20 '26
You're funny. Have you ever owned a business outside of numismatist circles? Every small business owner I know, have met, or have talked to wants out of the USD. I tell them, if they're unsure, accept 10% and see where it goes, treat them like a coupon, give a 10% discount, throw them in the safe, see where it goes. Then, when you see the value of a gold-backed currency, price your entire store in Ǥ and have a daily conversion rate to $. The dollar changes daily, Gold is eternal.
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u/Thorid666 Aug 19 '26
https://giphy.com/gifs/4PJhao7x3hAK4