230: Goldbacks: Jeremy Cordon’s Path to Monetary Stability
Jeremy Cordon has always had an interest in precious metals. On a whim, he quit a high-paying job to become one of the first full-time employees of the UPMA (Utah Precious Metals Association). He was able to help grow the organization from 400 members to over 25,000.
In 2019, he created the Gold product known as the Goldback. This exhibited Gold in spendable quantities for the first time. Using a patented production process, he effectively set up a novel product in one of the oldest industries known to man.
TODAY’S CONVERSATION WITH JEREMY CORDON
- Jeremy and I discuss in detail how the idea of Goldback began and the difficulties they had to overcome to create this amazing product.
- Imagine using real gold, not a digital reflection of gold, but real gold to buy and sell almost anything you want. How would that work?
- Wondering if Goldbacks can be counterfieted? Listen to find out!
- What interested me about the Goldbacks was the divisibility. Jeremy explains how it works.
- If you’re thinking about how legal the Goldbacks are, Jeremy runs through the laws that have been put into place throughout the United States. I found this super interesting.
- Can the Goldbacks be used in other countries besides the USA?
- You will be pleasantly surprised if you haven’t seen the beautiful art on every Goldback.
- Listen to find out where you can purchase your own Goldbacks.
- We talk about the commerce aspect and bartering with Goldbacks
- How do you find these people or stores when you want to buy something with your Goldback? Is there some way to identify them?
RELATED EPISODES
220: Marc Faber – Buying Asian Investments & Currencies On The Cheap
218: Understanding Energy And Bitcoin – Nick Giambruno
193: Visiting Gold Mines In Faraway Lands – Larry Scharf
HOW TO REACH JEREMY CORDON
www.goldback.com – You can find everything on his website to get started.
CONCLUSION
I just love how beautiful the Goldbacks are. I purchased several a few months ago, and we handle them like other gold products; with love and care.
See you all next Wednesday on the podcast!
About The Host, Mikkel Thorup
Mikkel Thorup; the host of The Expat Money Show, has 20+ years in continual travel around the world, visiting more than 100 countries including Colombia, North Korea, Zimbabwe and Iran.
His goal now is to help Expats just like you to generate additional streams of income, eliminate your tax bill, and take advantage of offshore structures so you can travel the world freely and never have to worry about money again.
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There are now 6 Goldback states. Florida is the next Goldback state for 2025. This is significant as the previous 5 states (NH, NV, SD, UT and WY) have small populations. Florida is a large state and it will be interesting to see how it works there and if the popularity will expand.
The Florida Goldbacks will be released on 2025-01-15 with new note sizes. Now there is a smaller 1/2, a 2 and a larger 100 note that has 1/10th Oz of gold. The artwork has changed and can be seen at one of the pre-sales sites at https://www.goldback.com/news/florida-pre-sales-start-monday-december-2nd .