That link does not appear to be the Florida program, its the Goldback Inc link for registering a company for their advertising website regarding companies that accept Goldbacks.
In the video, we analyze the performance of gold and silver in the past month, providing insights into market trends. We also showcase popular items in the coin shop based on customer purchases and items being sold by customers. Additionally, we offer a sneak peek of our Silent Auction Benefit for Callan Dockter, with details and pictures of donated items available for bidding. Bidding is open for all items. To support Callan's fight against Craniosynostosis, we are hosting a raffle with a 1/10 oz American Gold Eagle and a 10 oz Silver Bar as prizes. 100% of the proceeds will go towards the cause. Please note our shipping restrictions due to sales tax liabilities, and specific shipping requirements for certain states. We offer free shipping for orders over $1000, with shipping costs ranging from $5 to $15 for orders under $1000. Thank you for watching and we hope you find this information valuable.
Silver is crashing because I bought 12 eagles and 40 buffaloes a week ago Tuesday with spot at $34.80. You must follow what I do for infallible insight!
Same here. I placed an order Sunday at $33.72 spot price, and then it drops just shy of a dollar at $32.65 as of the time of writing this comment. I buy, you all get a dip :)
The stock market is having a down day, 2nd in a row....Traders cover losses by selling PMs including silver. This drives PM prices down. This down pressure is added to 50 million oz of shorts put in by the big 8 western banks in price suppression. But of the PMs silver is more volatile which provides greater buying opportunities. The price can't stay down because demand has exceeded supply 4 years running and is about 500M oz in 2024. The price dip is a regular pattern. The GSR has increased to 83.7 oz silver to one of gold. Savy investors buy these dips of 3-5%. Silver is a great investment and proof is in the price. Silver is still up by over 50% since the dips of Feb 2024. That's ahead of all the major stock indices and gold on a percentage basis. Hope this helps.
I've won 3 giveaways on 3 different UA-cam sites and have received none. When I comment politely, I get ignored. This should be interesting if it gets drawn 😫
Yeah I was wondering that also. All these UA-camrs talk about it but they don’t say when they are doing the drawing. It’s just to get your email I’m sure
Before I saw your page I never knew about Gold Backs, and the knowledge you guys drop is incredible. I truly appreciate it. I started stacking Silver in 2015, and own almost no Gold. I would love to own some, but it is so expensive right now.
Look in to the UPMA a depository connected with the Goldback people. You can deposited any amount towards the gold you want. DCA your way to that ounce you want.
Definitely the best so far. Mostly, for me, it's because the design is so simple. The others are so very "busy" to me. I want to get my hands on some of these. But I'm afraid I'll miss it. There's one bullion dealer website I found that says they have a waiting list, but I've never heard of them, so I'm not sure I want to give them my info.
All the people who don't understand the premiums on Goldbacks are looking at them from the perspective of stacking. Yes you can stack Goldbacks but they are designed to be a currency. Goldbacks are easier to spend than traditional gold and they have superior security features to traditional gold. Hence the premiums.
Why did the prices fall like they did? Easy. LBMA started dumping paper at 10am EST and by 11:00AM when it closed, prices then stayed in a range. Happens all the time. The banks don’t like metals doing too well.
Set my wife's business up in Florida put you down on how I heard about it. We got our phone call and follow up email we should be getting our Florida note and goldbacks stickers. Thank you
Hero bullion seems so slept on. I'm almost a year in to silver stacking but they are the only place I've ordered off of online. I've mostly bought in person but I was impressed with the price and options.
I know some people love 'em but I don't f--k with goldbacks. Premiums WAY too high to stack and not readily recognized outside the stacking community. I can see why people like 'em, cool designs and easily stored, just not for me.
If I was to get into something other than coins/bars I'd opt for something like Kinesis which is 100% backed by gold/silver and can be used anywhere in the world. Goldbacks are pretty but have no where near the utility, although they are in your possession.
If the time comes when people no longer want or accept US dollars it will be difficult to pay for everyday items with gold ounce coins. Sure, you could shave them, but golbacks would be far easier to use because the denomination is so much smaller.
I think they are really cool but definitely more of a novelty. I'd take them in trade but wouldn't be the one to actually buy them direct. They have an insane mark up so until they are removed once or twice via trade or spending, they aren't worth it. Funny how people buy gold and silver bc we hate the idea of money that is worth less that it's value... then buy gold backs which are worth less than their value.
Goldbacks are for spending. My last purchase was for 20 Goldback. I bought them for $3.64/ea and spent them at $5/ea. It was a great spend. $72.80 for a $100 purchase. These things are great, IMO.
@@danielbbq When I learned that someone was selling me gold for enormous premiums, I had learned enough. Hm, an agreed upon price that everyone who uses them has faith in, which is inflated beyond the melt value of the very thing backing it?... sounds familiar. You just traded one fiat for another.
They're not meant to be a store of wealth. Premiums are WAY too high for that. They're meant to be sound money for doing daily transactions in the states that have adopted them, and anywhere else where they're accepted as payment. They're basically marketed as inflation-proof CURRENCY, not stacker-gold.
I'm not a fan of goldbacks. The premiums for goldbacks are insane. Junk silver is a far better option for barter, much lower premiums. I live in Nevada, one of the states with a goldback series. Very few businesses in Nevada accept goldbacks, and that list is not growing.
Yes you can barter with silver easier enough but counterfeit silver is very common. Goldbacks are extremely difficult to counterfeit and they weigh a lot less than silver does.
The problem is you can’t buy Goldbacks for what their face value is. As an example a $1 Goldback for almost all the states that have them cost around $5.32 - so when you to to a merchant that accepts Goldbacks they are only going to give you the face value of $1 when you spent $5.32 for that $1 Goldback….
@ Well 5 states have these in denominations of $1, $5, $10, $20 and $50. But to buy even the lowest denomination of $1 will cost at least $5.32 - so my question is for the businesses that accept these in the 5 states that issue them, do they give you the denomination amount of the Goldback currency you hand them, say a $1 Goldback or do they take the current price of gold and divide it by 1,000 the stated amount of 24 carat gold which as it stands is only about $2.75….
The value of the Goldback is based on the gold content. 1 = 1/1000 of an ounce. Your point is well taken though with respect to the cost to purchase vs. the gold value. Premiums are about 100% presumably because they are costly to produce but perhaps they are just priced right because they have sold over 100 million of them. For now they act more like a collectors item due to their cost and beauty.
Thanks for continuing updates 👍 I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
Hello, how did you achieve such biweekly returns? I'm a newbie and I've lost a lot of money investing on my own. Please can you advise on how to go about this?
YES!!! That's exactly his name (Mark Richard) so many people have recommended highly about him and am just starting with him 😊 from Brisbane Australia🇦🇺
I will advise you stop investing on your own and seek for a good professional guidance, I don't invest on my own anymore, I always required help and assistance
Get a set of the $1 GBs as a curiosity only (for now) - the 100% premium is not worth a larger purchase - if youre going to use them as currency in the respective states of issue, then you get a better deal 💲😎
@@CyrusOfNaias Exactly!...If you live in a Goldback State You can't lose money. Even if you don't live in a Goldback State their Value Increases continuously. ( You can't lose money)
I completely understand the intended utility and - if the premiums came down &/or utilization increased - that utility would be a real draw. What I don't get is if 1 goldback is $5.67 at APMEX for 1/1000th of an oz, how is paying $5670 per oz (over double spot) worth it? Legit question; maybe I'm failing to see something.
@@LarsLarsen77If you're referring to capital gains taxes, CGT's trigger when you convert your bullion into Dollars. If you spend it in it's current form, that does not trigger CGT. If you're referring to sales taxes, I'm not sure how you expect to sidestep that anyway.
Florida Goldback Business Sign Up: www.goldback.com/goldback-business-sign-up
GOLDBACKS SUCK !!! REAL METALS ONLY !!! I HAVE BARTER ITEMS.. SILVER AND GOLD ETC ETC
That link does not appear to be the Florida program, its the Goldback Inc link for registering a company for their advertising website regarding companies that accept Goldbacks.
That's a cool perk for signing up to accept gold in Florida!
In the video, we analyze the performance of gold and silver in the past month, providing insights into market trends. We also showcase popular items in the coin shop based on customer purchases and items being sold by customers.
Additionally, we offer a sneak peek of our Silent Auction Benefit for Callan Dockter, with details and pictures of donated items available for bidding. Bidding is open for all items.
To support Callan's fight against Craniosynostosis, we are hosting a raffle with a 1/10 oz American Gold Eagle and a 10 oz Silver Bar as prizes. 100% of the proceeds will go towards the cause.
Please note our shipping restrictions due to sales tax liabilities, and specific shipping requirements for certain states.
We offer free shipping for orders over $1000, with shipping costs ranging from $5 to $15 for orders under $1000.
Thank you for watching and we hope you find this information valuable.
Silver is crashing because I bought 12 eagles and 40 buffaloes a week ago Tuesday with spot at $34.80. You must follow what I do for infallible insight!
That’s funny, I thought I was the nosy one with that luck
😂
40 Buffalo's are they gold 🪙?
Damn it man !
Yup luck of the Irish! I invest in silver at 34.99 and next day it drops almost 2 bucks!!!😂😂😂
Metals took a dive because i decided to buy some for the first time in months about 2 days ago...
😂, same
Same here. I placed an order Sunday at $33.72 spot price, and then it drops just shy of a dollar at $32.65 as of the time of writing this comment. I buy, you all get a dip :)
Lol same
I bought 100 1oz Silver Buffalos and 10 1oz Silver Eagles yesterday when spot was at $33.94.....🤬 if it weren't for bad luck I wouldn't have any.
That's why I make a small buy, then after prices drop, I'll make a larger buy.
Goldbacks are so beautifull. What a shame that they are ultra expensive in Europ.
Did you know you can use them electronically? I've got videos explaining how to do so with the UPMA
bounced very nicely on the old $32.50 resistance line, confirming it now as a support line.
Hahahahha until it's not a support line.
The stock market is having a down day, 2nd in a row....Traders cover losses by selling PMs including silver. This drives PM prices down. This down pressure is added to 50 million oz of shorts put in by the big 8 western banks in price suppression. But of the PMs silver is more volatile which provides greater buying opportunities. The price can't stay down because demand has exceeded supply 4 years running and is about 500M oz in 2024. The price dip is a regular pattern. The GSR has increased to 83.7 oz silver to one of gold. Savy investors buy these dips of 3-5%. Silver is a great investment and proof is in the price. Silver is still up by over 50% since the dips of Feb 2024. That's ahead of all the major stock indices and gold on a percentage basis. Hope this helps.
We don't want a parabolic move. Three steps up two steps back. Slow and steady up trend for the next few years. 💰💰💰
I am really excited to see another state added to the goldback program. It is so cool.
Not ready to delve into Goldbacks. I like my coins!
Smart move😊
I like them all.
I stack both to be honest
Silver Is On Sale
Buy The Dips !
there was a sale on 2025 silver maple on sd bullion i got 5 oz!
Buy chip dip!
Be ready on the solstice. Or any other
When will they finally give away that monster box?
I think it’s in February 2025
I've won 3 giveaways on 3 different UA-cam sites and have received none. When I comment politely, I get ignored. This should be interesting if it gets drawn 😫
I feel like a rich doctor or a lawyer always wins SD Bullions monster box giveaway and not the common man ! Lol😂😂
@@hollylarsen8944 once the spam bots stop
Yeah I was wondering that also. All these UA-camrs talk about it but they don’t say when they are doing the drawing. It’s just to get your email I’m sure
Thanks! Just signed up my business!
What's your business?
Before I saw your page I never knew about Gold Backs, and the knowledge you guys drop is incredible. I truly appreciate it. I started stacking Silver in 2015, and own almost no Gold. I would love to own some, but it is so expensive right now.
Look in to the UPMA a depository connected with the Goldback people. You can deposited any amount towards the gold you want. DCA your way to that ounce you want.
Always buying the dips. Thanks SD
You bet 👍🏽🔥🐉
That is probably the most beautiful design yet.
Definitely the best so far. Mostly, for me, it's because the design is so simple. The others are so very "busy" to me. I want to get my hands on some of these. But I'm afraid I'll miss it. There's one bullion dealer website I found that says they have a waiting list, but I've never heard of them, so I'm not sure I want to give them my info.
@@SuperDavidEFdon't worry - there will be plenty goldbacks minted for Florida!
Damn that Florida Goldback is beautiful
🐊🐉
I wish Oregon had goldbacks
👀
Would love to see it! Six states are just the start 💪🏽🔥
All the people who don't understand the premiums on Goldbacks are looking at them from the perspective of stacking. Yes you can stack Goldbacks but they are designed to be a currency. Goldbacks are easier to spend than traditional gold and they have superior security features to traditional gold. Hence the premiums.
You're preaching to the choir. Why not stack them? I do. I got a good stack going so far.
@AdamWest-h5z Me too. I'm making good interest on mine too.
Just wait until Fake Goldbacks get discovered in the market 😂😂😂
@@AvnerKoh Good luck with that. 😘
@@AvnerKohdon't hold your breath. goldbacks are the most secure, difficult to counterfeit physical currency to exist in the entire world.
Love your channel silver dragons!!
Thanks for watching!
Also picking up some silverback dragon notes as well I like how they give you a shout out on the website.
Why did the prices fall like they did? Easy. LBMA started dumping paper at 10am EST and by 11:00AM when it closed, prices then stayed in a range. Happens all the time. The banks don’t like metals doing too well.
I know it drives me crazy the manipulation is off the charts!!
Id sure love to get one of those FL Goldbacks! Pretty limited edition
Like those gold backs 👍
Set my wife's business up in Florida put you down on how I heard about it. We got our phone call and follow up email we should be getting our Florida note and goldbacks stickers. Thank you
congrats!
Yes I wait for the dips too. About 6 weeks ago when silver dropped back to $29 I bought 10 more Oz at spot.
👏🏽👏🏽👏🏽
Great. The more it crashes the better for me.
🪙
Sorry, it's my fault it'scrashing today. I bought yesterday.
Me 2
Myself also! 😂
Lol next time tell me when you're buying so I can wait 25 hrs and stock up!
Yup.
Same
Bought a tube of silver buffalos this morning from Hero Bullion. Buy the dip!
Hero bullion seems so slept on. I'm almost a year in to silver stacking but they are the only place I've ordered off of online. I've mostly bought in person but I was impressed with the price and options.
I rather have goldbacks rather then having a declining dollar.
👊🏽
Anything that goes down hard like silver did can go up hard also. Just stick with the thesis and hold on..
💯
Very good information even looking from London UK. Keep stacking
I know some people love 'em but I don't f--k with goldbacks. Premiums WAY too high to stack and not readily recognized outside the stacking community. I can see why people like 'em, cool designs and easily stored, just not for me.
If I was to get into something other than coins/bars I'd opt for something like Kinesis which is 100% backed by gold/silver and can be used anywhere in the world. Goldbacks are pretty but have no where near the utility, although they are in your possession.
It is interesting to follow, but if someone is not planning to sell, the current price makes no difference.
Its a good day to buy. very nice dip
Im in S.,A i verymuch like these goldbacks, id love to buy them. But the spread and price are mad crazy
Excellent report to manipulators were running wide open today, it's the end of the month, buy the dip be ready for the rip
Thank you SD!!!!
Hello Silver Dragons
Goldbacks are fantastic except for one thing... the premium.
It’s a funny thing that silver is getting scarce but everyone can get all they want. I’d like to see it go to 1 dollar a lb.
We're hitting a deflation period. Talked to 2 coin shops and they said many selling taking profit.
Indeed. Having additional time is a blessing. No need to be discouraged
Silver is only taking a step back to go farther!
New floor, going higher
Of course it went down I made a significant purchase on Sunday
Could you please sell it all so that it goes back up on Monday? 😂
@my3dviews HA🙃
All fine and good. But what is holding more states back from Goldbacks?
I like the goldbacks but their values seems to be all over the map. Would that complicate using them as currency?
Pass on the gold backs I'd rather have my gold 🪙 oz coins
Would you advise people who live in Goldback states not to buy them as well???
@aminmalik4086 buy gold 🪙 coin only
@@aminmalik4086Go ahead and buy em if you think they're cool, but don't do it if you think they'll ever have a real use as barter
If the time comes when people no longer want or accept US dollars it will be difficult to pay for everyday items with gold ounce coins. Sure, you could shave them, but golbacks would be far easier to use because the denomination is so much smaller.
@@michaelvittori8525 👍👍👍👍
Nice Video
Bought a few coins this morning, I feel the prices would bounce back real soon.
I would love to see some Texas goldbacks!
Pass on goldbacks!
Why?
It's a gimmick.
I think they are really cool but definitely more of a novelty. I'd take them in trade but wouldn't be the one to actually buy them direct. They have an insane mark up so until they are removed once or twice via trade or spending, they aren't worth it. Funny how people buy gold and silver bc we hate the idea of money that is worth less that it's value... then buy gold backs which are worth less than their value.
@@gruntlife0341. Arent they gold. Dontknow anything about them
Go to Hero Buillion. They were cheapest but yeah high markups
Goldbacks aren't smart but if it's free run with it.
Goldbacks are for spending. My last purchase was for 20 Goldback. I bought them for $3.64/ea and spent them at $5/ea. It was a great spend. $72.80 for a $100 purchase. These things are great, IMO.
Like the goldbacks....
I hate silver....my silver bag is getting to heavy to carry....what shall I do?
Exchange for gold. Then keep stacking silver.
And get some Goldbacks too.
@@absolutebaastard Just wait until the GSR is lower though
To effectively use goldbacks, premiums should be very low.
To effectively use Goldbacks you need to learn more about them.
@@danielbbq When I learned that someone was selling me gold for enormous premiums, I had learned enough. Hm, an agreed upon price that everyone who uses them has faith in, which is inflated beyond the melt value of the very thing backing it?... sounds familiar. You just traded one fiat for another.
Florida Goldback. Can I get a hell yeaaah
Watching from canada 🇨🇦 those gold backs have a crazy premium here they look really cool though
Thank you ❤️🙏
Not really crashing...just a down day. YTD its up almost 30% even with the 3% drop today
I very much like the art on Goldbacks. I definitely do not like them as a store of wealth though... they're just a novelty.
They're not meant to be a store of wealth. Premiums are WAY too high for that. They're meant to be sound money for doing daily transactions in the states that have adopted them, and anywhere else where they're accepted as payment. They're basically marketed as inflation-proof CURRENCY, not stacker-gold.
They're also meant as protection against hyperinflation.
@@SuperDavidEFwell said.
Well said super. Stop 🛑 deleting whoever.
Inflation proof currency and stacker gold are the same thing. If you pay a 50% premium on something you don't get back, that's 50% inflation.
We Accept The Goldback buyback at $4.25 per 1 goldback
What value in fiat denomination do you accept them at?
Buyback @$4.25 per 1 goldback as of today.
$4.25 @@Darrin-h9f
I'm not a fan of goldbacks. The premiums for goldbacks are insane. Junk silver is a far better option for barter, much lower premiums. I live in Nevada, one of the states with a goldback series. Very few businesses in Nevada accept goldbacks, and that list is not growing.
Yes you can barter with silver easier enough but counterfeit silver is very common. Goldbacks are extremely difficult to counterfeit and they weigh a lot less than silver does.
Wait until the fake goldbacks hit the market 😂😂😂
買進大量實體銀幣的大好機會！！！
Every Halloween for the past 3 years has seen a big dip, I knew it was coming.
Question, is there number of the rare goldback . . .
Just bought a 1 oz silver maple coin for 8 dollars on what not 😂🔥 paid 90 for 4 coins. Overall.
Goldbacks are an artistic fad at $7000 an ounce.
Novelties at best.
I will miss your videos with Harry and the guys.
Auwe!
Should we buy multiple florida gold backs because they are more collectible or something?
Question is, How do you have one in your hands already? Are you SD. Bullion?
Gimme that Florida 🎉😂 I got mad I went to see what the set was and didn’t get past a 1 note. Dang it! 🎉❤
Is it possible to BUY the early release goldbacks, or are they ONLY for gifting to the businesses? I want one!
The premiums on fiat paper currency is way more than goldbacks. Just saying.
It wouldn't be that weird for silver to drop another $2 before ripping back up again. Nothing goes straight up.
Only sideways.....in Silver's case.
What crash?!? 🇺🇸
I think the goldbacks are super cool but the premiums are waaay too high for what they contain.
Golbacks are interesting, but too much of a premium to be practical.
The problem is you can’t buy Goldbacks for what their face value is. As an example a $1 Goldback for almost all the states that have them cost around $5.32 - so when you to to a merchant that accepts Goldbacks they are only going to give you the face value of $1 when you spent $5.32 for that $1 Goldback….
There is no such thing as a $1 face value Goldback.
@ Well 5 states have these in denominations of $1, $5, $10, $20 and $50. But to buy even the lowest denomination of $1 will cost at least $5.32 - so my question is for the businesses that accept these in the 5 states that issue them, do they give you the denomination amount of the Goldback currency you hand them, say a $1 Goldback or do they take the current price of gold and divide it by 1,000 the stated amount of 24 carat gold which as it stands is only about $2.75….
The value of the Goldback is based on the gold content. 1 = 1/1000 of an ounce. Your point is well taken though with respect to the cost to purchase vs. the gold value. Premiums are about 100% presumably because they are costly to produce but perhaps they are just priced right because they have sold over 100 million of them. For now they act more like a collectors item due to their cost and beauty.
Hmm. Didn’t know my 1oz AGE was only worth $50. Dang, I overpaid.
Collecting them all seems like a no-brainer.
Thanks for continuing updates 👍 I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
Hello, how did you achieve such biweekly returns? I'm a newbie and I've lost a lot of money investing on my own. Please can you advise on how to go about this?
Mark Richard is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
YES!!! That's exactly his name (Mark Richard) so many people have recommended highly about him and am just starting with him 😊 from Brisbane Australia🇦🇺
I will advise you stop investing on your own and seek for a good professional guidance, I don't invest on my own anymore, I always required help and assistance
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimony on CNBC news last week.
Should i buy gold before november 5th or after?
depends on you but i feel like it’s going to keep reaching new all time highs!
Gold backs are too expensive. I’ll take it as change for a purchase but won’t by from dealers.
Do you know if and when and where we can buy the gold backs? Thanks
Its cause i bought some a week or two ago.
I own a business in Florida. I don't see the link. What's the website?
I will pass on the goldbacks.
The folks that rip on Goldbacks for being expensive can't point to a cheaper 1/1,000th of an ounce product.
That is what Constitutional silver is for. Cheaper and more widely known.
Silver "crashing" is pulling back for further lift off 🚀
Signed up
My business !!!
It's the last of the Month. As simple as that; the big boys making Money.
This is not an abnormal price fluctuation - especially given current economic and political conditions.
Only goldback I own is the free one I got when they first made um.
Interesting to learn more about these goldbacks! I definitely want to start adding them into my stack! Great video!
Get a set of the $1 GBs as a curiosity only (for now) - the 100% premium is not worth a larger purchase - if youre going to use them as currency in the respective states of issue, then you get a better deal 💲😎
Pass on a silly gold back.. they are pretty
where is the business sign up?
just picked up 5 oz at 32.86
Well, in just over 40 minutes we will see if Silver holds or breaks through support.
Anyone poo-pooing Goldbacks are ignorant of their value/use case, or lying.
A taxable event to buy a cup of coffee? LOL, no thanks.
@@CyrusOfNaias Exactly!...If you live in a Goldback State You can't lose money. Even if you don't live in a Goldback State their Value Increases continuously. ( You can't lose money)
I completely understand the intended utility and - if the premiums came down &/or utilization increased - that utility would be a real draw.
What I don't get is if 1 goldback is $5.67 at APMEX for 1/1000th of an oz, how is paying $5670 per oz (over double spot) worth it? Legit question; maybe I'm failing to see something.
@@TexCen Gold Melt =/= Exchange Rate
@@LarsLarsen77If you're referring to capital gains taxes, CGT's trigger when you convert your bullion into Dollars. If you spend it in it's current form, that does not trigger CGT. If you're referring to sales taxes, I'm not sure how you expect to sidestep that anyway.
I like the drops I which it was 20 an oz
It dips on every Wiccan holy day.