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Genre: News & Politics
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Uploaded At Nov 29, 2023 ^^
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RYD date created : 2024-06-12T04:26:54.700966Z
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Top Comments of this video!! :3
I bought a couple thousand $ worth of these back in 2021 in every denomination. Here’s what I found:
A 5 goldback note was $17, now it’s around 24. A 10 gold note was $33, now it is $44. A 25 gold note was $86, now it’s $118. A 50 gold note was $169 back then, it is now $232. The worst return by far has been on the 1 goldback notes, which were around $4.79 back then, and I’m seeing prices around $4.95 in the present.
That said, all denominations have seen a +- 28% rise in retail prices, with the outliers being the 5 gold notes which have increased by around 30% and the 1 goldback which have increased by around 4%, The 5 note seems to be the most popular and has technically yielded the best return. They look and feel cool. I wouldn’t bother with buying 1 goldbacks.
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Goldbacks are fantastic they are exactly what they were designed to be. Not sure why stackers can't get their minds around the fact that they are not meant to be stacked but to be spent. They are best for small to large transactions much rather use GBs for trade than gold and silver bullion. If you can get GBs below or slightly over the exchange rate their would be none to minimal premium on them mich better than buying bullion at higher premiums with no utility. If you want extreme fractional bartering tools I would suggest 999 copper bullion rounds/bars.
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@Cole_West
10 months ago
My dad got me a Nevada 5-Goldback for christmas and I think these things are absolutely awesome. Goldbacks are, in my opinion, a great way to get started on getting into gold. They are lot more affordable than a gold coin; just $5 bucks can get you a Goldback, but you'd need $200 to get one of the smallest gold coins you can normally buy.
I get it, there's a big premium. But I feel like Goldbacks are a lot more accessible to the average person with their lower price.
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