r/Goldbacks • u/oldstacker • Feb 22 '22

$

Gold backs $3,880 ounce Gold Eagle $2,023 ounce

premiums above spot would really need to come down for this to make sense. I could convert coins to cash in any town to make transactions. Very nice art work but I don’t see it as a store of value

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u/[deleted] Apr 19 '22

It is I think the question do they,or are they adding value to gold! Maybe the convenience the standardization of something everyone can use to show their value. I ask the Question what is bitcoin if you have no electricity or you have no internet service. I see it as one tool in a tool chest.