GoldBacks! Gold for the Everday!

So that was the wrong intro, but that's okay, it still works. That's actually her exit. But hello everybody, this is Jayferg with Phoenix Survival, and today I have a very special guest with me, mister Matt Dial from Goldback. He is our Northwestern representative, and I have been holding on to your email for a while that I wanted to reach out back when I got your information early November, but with the holidays, it's been crazy. So if you don't mind, just tell a little bit about yourself, what it is you do, and then we'll kick off from there. Yeah. So I've been with Goldback for about two years now and so we're a small, kind of agile, lean team. We're entering our seventh year now. So we started back in twenty nineteen with the Utah Goldback. And so for those of you who aren't aware, goldbacks are high per fractional currency. Currently they're as small as one two thousandth of an ounce of twenty four care gold. So we're we're in eight states now and we're trying to cover the entire nation. So within about ten years, every state will have its own Goldbacks series, you know, different denominations, different sizes and what goldbacks do you know? They're they're designed to actually be spent, right, and so many of you probably own say one ounce gold buffalo, say or gold eagles, and so when you need to actually spend those, well, no one feel like taking a you know, forty seven hundred dollars gold coin right now, and so it's hard from a liquidity standpoint. What do you have to do? You have to go to your local coin dealer, and you have to typically if you need dollars, you know, whether it's for a life event, you know, your car breaks down, your mom's in the hospital, whatever that. Is, you have to convert it back into us. And usually a small you know, buy things at three five percent under the price of gold and silver, so then I can turn around and sell it for slightly more. But with goldbacks, we have a network of thirty seven hundred merchants across the country at mom and pop businesses. So like here in Utah, I can go to Ace hardware store and buy a lawnmower using gold, which is pretty cool. I pay my local farmer for ground beef, steaks, raw milk, eggs, all that good stuff. I can do that. Even I can even pay my kids. Dentists using goldbacks, and so I know we'll talk about more of that later. But yeah, so I'm the gold back guy. I helped launch the Florida Project, which came out in January last year. So I was living in Florida for a couple of years and then I had the great opportunity to move my family back to the mountains and so recently moved here and I'm taking over the Northwest region. I think that's phenomenal. So here's the question though, if people have questions more questions besides which hold on, let me put here if you have any curiosity or want to look at it yourself, you can go back to the banner at the bottom. For my visual watchers and for the audio listeners, it is www dot goldback dot com and it will actually show you the current value for the gold back, a little bit about it where you can spend them at Because I see that goldback is expanding that you're not limited to the state that it's made in to spend it in correct. Correct, Yeah, they're all fungible, and so you know you're in North Carolina. Obviously North Carolina doesn't yet have a gold. Back but but there are. For taylors take on Arizona and Oklahoma, right, and so that they are fungible. We actually have we have merchants as. Far as far away as to buy in Norway who are just you know, obviously they're not transacting too often in gold backs, but they're you know, they want to be paid in gold and so they've signed up. I and I've seen where there are a few businesses here in North Carolina that do accept goldbacks. How does one go about accepting goldbacks? Like, how does that work? Is this a program in which they sign up or is this something that they decide independently. Yeah, so we try to make it really easy. So at goldback dot com there is an application, but it's a strictly voluntary currency, right. And so there are people who aren't on the map where if you take goldbacks, you know, down to the farmer's market, you say, hey, I've got this gold Can I trade it for your eggs? They'll say yes. But well, we like theoretically by being on the map, gold back enthusiasts, go back investors, and go back users will find you on the map and then they'll come, you know, patronize your business, and so you know, there's a lot of businesses that they get new customers directly from our map, and so we're really happy to pay that forward so that people can, you know, people who are sound, the enthusiasts can find each other and work together. So I had a question from a listener who actually asked, since we've seen a lot of goldbacks appearing, especially on certain apps like Palm Street or whatnot, are you partnering with these apps? So we're not partnered with any of the apps in particular, but what we do so we're a wholesaler, So we sell to the coin dealers, right, so whether they have a brick and mortar store in your local town or whether they're a giant online dealer like at mex or j M Bullion or SD Bullion or you know, we have quite a few of the what not and eBay life of customers as well. Yeah, because I noticed it's really picking up, especially in the collector's side of it versus when I came across it, I was looking at it for well, don't keep me wrong. I love my silver and I love my gold, but it gets kind of heavy emails versus, oh yes, you froze. Sorry, oh you're back. Sorry, listeners, It's okay. We can repeat as many times as we need to. But for me, it's like having the silver. It gets heavy, and this is a lot easier to carry around than ounces of silver grams that add. Up absolutely and the other thing too. And I'm sure a lot of your listeners are aware of this, but right now you can go buy bags of fake silver online at places like Timu. So unless you're walking around with a Sigma machine, you know, that costs, say around one thousand dollars to verify your you know, your silver transactions. When you're transacting out in the community, it's hard to know if it's real, right, I mean literally, just yesterday, one of my coworkers who should know better, he works in the bullied industry. H he took some silver down to try to sell it. You know, silver's up around ninety five dollars. He said, Hey, I'm going to get some spending money, and. Unfortunately you're cutting out again. Shop your you know, goods and services. You run the risk with typical you know, bullying products of taking in fake stuff unless you have you know, a machine to verify the authenticity of the product with goldbacks. There are nine security features in there already, and we're constantly staying a step ahead of the counterfeiters. So why don't you speak a little bit on what are those measures to keep from counterfeiting? Yeah, so, like so on the goldback in her hand right there, So the spiral pattern that runs north south on the left side, that is a it's called a geosh pattern and that is hand drawn. It can't be replicated, you know, just by it by AI or anything. You can't go in and do that. And so that's one security feature. They're all in it. Really do you cut out there each individually? What now. Part light? In twenty twenty five all the gold decks created, they started having a latist checkerboard that has the gold Deck logo the denomination and then the patented technology AREM logo as well. And so on the back of twenty twenty fives you have that black light security feature. And what's really cool is. That now in twenty twenty six, Yeah, it's held to show on on screen I but it's on anything twenty twenty five and newer has that on the back. But now new to twenty twenty six, beginning with the Washington, DC Limited Gold Deck that just came out two weeks ago. We started putting black light security on the front as well. And so to give you an idea, there's fireworks in the back around. Oh do you keep breaking up? And so moving forward we're gonna be Oh do I need to repeat anything? Then maybe No, it's so it's been cutting in and out. So if we have to recover something, we will, But no, yeah, it's cutting up and freezing every now and then. I'm sorry that Internet. I guess I'll blame Utah Internet, but or this big glass building in but no. So in twenty twenty six, we're bringing that security feature to the front and we're going to start doing what we like to call easter eggs. So there's going to be hidden black lights stuff in the art that you won't be able to see it to the naked eye, but when you shine the black light on, they'll be hidden. Things like so just to get it phenomenal. So with Idaho, that's our next state to be released, right, that'll we're coming. Oh yeah is payment there's a girl skiing down the mountain? Oh so on the Idaho three, there's a girl skiing down the mountain and then in the background there's an empty chair lift kind of going over her head. When you shine the black light on it, there's going to be a black light yetti bigfoot sitting on. The It is phenomenal. It's making it fun. Yeah. Yeah, we have all sorts of great ideas for all the different you know, for that front hidden security feature moving forward. I'm really excited. About it that I can't wait to see that because I don't have a three either limited. Yeah, I know, I know, and that would be one of those just to keep up because it's cool. But so with since the price of precious metals has been fluctuating so greatly, how can a set price like be established or only if this is being used as like currency for businesses, Like, how is that established that? How is the because of the fluctuating house price? How how is the set price being established for it? Yeah, so these things they do carry a premium, so they basically trade at two times the spot price of gold. Right, So a one gold back has one one thousandth of an ounce of twenty four car gold in it, So at today's price, that would be around forty four dollars and eighty cents worth of gold call it. And then so if you look on our website, you'll at gold back to came it's nine to seventy six I think, which is basically two x of the you know, spot price of gold. And so what our merchants do is they either use the calculator that's right there at gold back dot com, or they'll use the app, because we actually developed an app last years. Yeah, I actually have the goldback app. And nineteen fifty dollars if it's fifty two cents, and then it tells me I owe you nine dollars and fifty two cents and US dollar fiat and see for change, right, And so it's really easy these things. Again, that's one of the nice benefits of these. So I don't carry cash in my wallet at all because cash the values is constantly plummeting as our country continues to spend into oblivion. But gold backs that I put in my wallet last summer, I purchased them for about four dollars and twenty five cents, so two summers ago, rather four dollars and twenty five cents. Now they're spending at nine dollars and seventy six cents. I mean all I did was drive around on these things and let the you know, the value of the gold go up. And so now yeah, I mean, like I said, I love to use the Ace Hardware example, because I have three Ace hardwarees down the street here in Utah County where I can actually go, you know, buy a snowblower. I have to go buy a snowshovel this week. We just moved into a new house after being in Florida, right, so uh need to get a snowshovel. We got our Christmas tree stand a couple you know, last month, we got extension cords for our Christmas lights. I mean we were able to actually spend these things, and so it's just really nice. No, I think that's phenomen Now someone did ask, is this product? Can this be used to diversify like an investment portfolio, to like store up and stock up in its own Oh we froze. In twenty nineteen. We have actually the value of the gold back has tracked and mirrored the appreciation in gold price as well. And so you know, if if you're anybody who's stacking in metals, I believe personally, not just because I'm biased, in the work at goldback, you should have some allocation to hyper fractional gold and silver so that you have something to barter with if God forbid, something happens the Chinese MP goes off, whatever that the banking system crashes. If I want to buy bread or eggs from my neighbor in a prolongued you know, the powers down hyper fractional gold are half gold back right now is going to be you know, less than five dollars of value, and so having a stack of those as part of my larger metal stack, it gives me a lot of flexibility and possibilities. Right So, I want to point out to our listeners because I talk about gold and silver quite a bit. On the gold backs, it does say so it has the denomination of one half, but at the bottom it will also tell you one, two thousands, and so on and so forth. As it goes up, the dollar size itself goes up, and then you will see it's one one hundreds. So the amount of gold increases per per numerical bill, as well as the bills themselves get bigger too, because the hundreds quite a bit bigger. The hundreds probably about the size of this one that I have here, isn't it? It's about that size, but it's got a lot more gold than that Merry Christmas right right, right. Because this is only one hundred milligrams of twenty four carrot, which is I'm not sure what that breaks down to right now, it's. Like thirteen bucks worth of gold. I think maybe, yeah, the fifteen actually prices just mooning right now, but yeah, right, I think I think a gram's around one hundred and fifty bucks, and so if that's one, it's one tenth of a gram, right, So I believe that's about fifteen dollars worth of gold. So if someone is interested in buying gold backs, where do they go? Can they buy directly or do they have to go through a specific dealer seller? How how does one go about obtaining gold backs? That is a fantastic question. So we have about five hundred customers right now, constantly growing. That's you know that, that's what, that's. What, And well all I got was five hundred customers and you froze against. You do you know? Oh sorry, so, uh no, we have about five hundred customers. And so at goldback dot com you can find a list of all the online dealers where you can purchase, as well as the local dealers as well. So me personally, I liked to patronize, you know, my local businesses as much as possible, get to know my neighbors. And so if you can, obviously and you have a local dealer near you that sells them, you know, there's a list you can type in your zip code or your city and find the closest dealer to you. But yeah, all the larger bullion dealers like Apmex and St. Bully and JM Bully and Money Metals, those are all customers of ours as well. So the goldbacks are getting easier and easier to find. Which is funny is they're not very common to see here and I am trying to push more and more my listeners want to know more about it. I even had one of the other hosts had to ask, let me find it. So, y'all, as long as the business is partnered or applied with you, like ACE, mainstream vendors are accepting them as payments, correct, as long as they've already signed up. Yes, And so you know, I got to be clear. So ACE Hardware is a franchise business, and so you know the guy. That owns media on Pacific. Yes, yes, exactly. So you know it's not single a targeting is That's cool. There's so many of these business owners. They don't even know it's an option yet, but when you talk to them, they get really excited because they say, and I quote, I'd love to be paid in gold and silver. And so you know, if you frequent a business in your area. And you think, and you know you know that that the owner is a sound money enthusiast like you, then you know it's you can definitely ask him and say, hey, you can sign up right here and then I can start paying you in gold backs. So what are the long term plans with this product? Yeah, great question. I mean right now, we are, like I mentioned earlier, we're trying to make sure that all fifty states have a goldback series of their own, and so expect to have that. We're actually in talks right now with a gentleman in a foreign country. I won't say which, but we're going to have our first international goldback likely as well. And so of course that just adds a little wrinkle because then we'll have to have an you know, within our app and on our calculator. We'll have a you know, another currency that we'll have to you know, add in there, but that's easily fixable, right, And so yeah, I mean going international, bringing these to as many plate, to as many people as possible, while also having fun with it, you know, like I said, with the Easter Egg security features, we really just want so right now, you know, we have thirty seven hundred roughly merchants that are signed up to accept them. Now, it took us five the first five years as a company to get up to about two thousand, right, and so now we're adding at about a two hundred and fifty business per month clip. And so I fully expect that we'll double and be at seventy five hundred you know, in wow, and then you know, that'll be something to celebrate once we have ten thousand businesses. And yeah, so ten thousand definitely be something to celebrate. I want to get there, and I expect to be there at most of year and a half. Right. You know, COVID was transformational you know for us, like like I'm sure it was for so many of you, right, I mean, more and more people that you know, weren't paying attention to economics at all. They kind of started to realize that the dollar was burning a hole in their pocket. They woke up to the inflation story, and they haven't forgotten and the problem hasn't been solved either. And so you know, now gold, you know, sadly, last I saw the last numbers I looked at, and it could be outdated because this is a few months ago. Less than three percent of Americans actually owned any physical precious metals whatsoever. Right, Yeah, I saw some analytics on that state and that I was supposed to find the article a friend had sent it to me where they were saying if you had twenty grams or twenty ounces of silver and five grams of gold, you were sitting at a higher amount than any houses, especially if the economy was to crash or ten ounces of gold solver. I mean, oh, let's see, I lost. You a little bit there, but yeah, I mean, yeah, sorry, the advertise. The analytics was saying, like ten ounces of silver and five grams of gold per household, it will if you have that, then you will be sitting pretty once the dollar fully collapses, and many people don't have five grams of gold or twenty ounces of silver. Yeah, absolutely, ninety seven nine a percent. People don't have any right and so that's really the direction we're trying to, you know, for lack of a better word, democratize gold ownership. Right like, just because you know you're starting out, you're young, maybe you make nine dollars an hour, you work at Wendy's, the night shift, whatever that looks like for you, you. Should still own some gold. And so with our half goal back, now you can own gold at less than you know, get into it for less than five dollars. And this doesn't lose value because it is real gold in there. It's gold and a polymer makeup correct and. Yes, yeah there's three there's polymer, there's ink for the design, and there's twenty four carrot gold. And that's just very simple. I wanted to point out to my listeners for those of you who get into the gold foils, who have the pieces of gold, I'm making a mess over here. Sorry for the listeners who who collect gold or the gold foils. This is one one thousands, which is equivalent to a individual gold back, and you're going to spend twice as much and it's going to build up and take up space versus the value on this is going to hold and you can retain it a lot easier and store it versus the foils. Yeah, and when the time comes, you've got them, you know, all these off ramps to spend it as well. And so that's that's the true advantage. So yeah, that's it, and it says it clearly on there, versus having to pull up a microscope for the one two hundred little pieces of gold that are impossible to reahat. Yeah, I think I know you know which ones I'm talking about, right. I sure do. Yeah. When I think one two hundredth I think of the sugar skulls. That was one of the big ones. Yeah, yeah, yeah, one two hundred sugar skull. And I don't get me wrong, I like those. Those are cool, but I can't spend those. No, no, I mean. And when you think about it having gold or having silver and having to scrape off amounts you're going to lose most of it, and trying to make a fractional in this way, you have your own spindable fractionals without carrying around a bar. Yeah, well I carry around both truthfully. So I have my wallet here, right, and so I got my gold backs in there. And then I also do have some you know, I have my silvers. I keep a little assay in there. So this is you know, what is this a quarter one rain? It's a quarter grain, right, made by a spring down in Florida, so Dave of pre Coast. But I get it. I have my quarter grains, I have my half ounce, I have my full I mean half gram and full gram. And I don't think people realize just in a quarter grain as much as you're spending versus getting your one two thousands one to one thousands and in investment. Why is yes, it's great to have, but this is a lot easier to accumulate than. Verify, right, yeah, And the thing is, yeah, so the quarter grain has about it's very very equivalent to what we have in our one half gold back, which is you know, the one two thousands of an ounce. They're pretty similar, but the premium is actually much larger on the quarter grains. And so a lot of people give gold back a hard time for being a quote unquote high premium product. But that. And they all help by. He's it cut out just a little bit. Sorry, we will blame. Utah, Yeah, let's do it. Right now. So what actually started goldbacks? Like, why did it come about? What what made gold backs happen? Yeah, well, so our CEO, Jeremy Gordon. You know, I don't want to put words in his mouth, but I think he just he saw a need he saw, you know, I think he was participating kind of in some of the different alternative currencies and cryptocurrencies, and then he saw a need to bring you know, that he saw that people wanted something different, something outside the dollar. And I think he really split the middle between cryptocurrencies which are you know, kind of backed by nothing, just like dollars. It's just ones and zeros, right, And he said, okay, what if we can and actually make you know, we can return to basic principles of sound money through precious metals, but make it more manageable, you know, more attainable, more usable. And so I think that was the nexus of goldback. No, I think that's phenomenal. I need to also get one of those wallets. Yeah, yeah, tons of our customers have them. I'll try to lose one off the back of a truck and mail it to you. I appreciate that. But so I did notice on one of the shows I was watching where you were speaking in You know, we keep these as flat and safe as possible. What happens if one gets torn or ripped or crumpled, Because doesn't that change the integrity of the entire gold back itself? Sorry, you could out a little bit there, and so so, yeah, that's a fantastic question. Yeah, it does it change the integrity or the because they've gotten torn or crumpled. Yeah, no, so it truly doesn't. Right, as long as all of the gold content is still there, most retailers or excuse me, merchants are going to accept that still. But part of our of what's built into our premium is that warranty. And so what you can do is you can go to any one of our customers what we call our authorized partners, and you could trade it if you have a damaged one, and if they deemed that the gold is all there, they will accept that and give you a brand new one at whatever same face value. So if you take a damaged, wrinkled, you know, kind of dirty, you know, the corners sometimes can can be the first things to go. You can take that back to your local coin dealer who's a goldback dealer, and he'll give you, you know, an equivalent one that's brand new. He'll ship that back to us, will melt it down and turn it into new goldbacks. So what's a little bit of the process that takes to actually make the gold back though? But really, you know, it seems like the others are just melted and pressed or stamped. But what what all goes into actually doing this? Yeah, it's kind of neat. So it's a process called vacuum deposition. So we've got a you know, it's it's a very highly patented process, you know, very secret. But ultimately what happens is we have a chamber that's you know, cleaner than outer space. The gold heated up. The polymer sheet, the ink goes on, and then after the ink goes on, the the gold atoms are shot atom by atom on in a very thin layer. And then once that process is done, another layer of the patented polymer sheet goes on top and. Then cut out. When you were saying it's heated up to what temperature, Oh, I. Don't know the temperature, but it's it's it's the ball. It's heated up into a ball of plasma of like gold plasma, and then the electrons are actually shot one of them. Wow, And don't you have to have spiritual special filters because doesn't this become like particulates and can float? Can't you lose gold when you're processing it through? Do you have to filter it so you don't lose particles? Well, the whole thing happens is in a closed chamber system that we don't lose any of the gold while we're creating it. Yeah, great question, I can only imagine. So there is a point where I like chemicals of it now. So one of my other hosts had asked, would you ever be open to come in a prepper camp currency? So if you don't know what prepper camp is, Prepper Camp happens every year for the last i want to say, twelve thirteen years now, where people come together to an event and we teach. I teach textiles. I'm the crazy fiber lady, so I spin wool and we have three days of sixty four classes, so multiple classes every hour throughout the entire day. And it's just a community of preppers who come together, and you know, we do a lot of barter and trade. But would that be something you ever be open to becoming a prepper camp currency for the preppers themselves. You said, so create a specific Prepper camp, their own artwork and design. You know, that's a great idea. I never thought about that. But actually being like the currency that's then used among at like prepper camp. Gotcha. Well yeah, well that that one would be more difficult because you know, we have to you have to you know, I think are the smallest lot would be like thirty two thousand notes or something, right, And that's just that's that's a guess and an estimate. But if yeah, we would love to actually, you know, and what we'll have to do is send whether it's myself, you know, we have a representative down in Atlanta. We need to have one of us come out to the next event. And then essentially again it's totally. All cut out. He said, come down, and. What free gold and silver for signing up, which is a nice perk. Right, So we'd love to be a. Little bit sorry, no, no, no, I caught you that you could come out and then it cut out and then free currency free. Oh yeah, no, I. Was trying to get across that we would love to be the official currency for everybody, but since it's voluntary, that just involves everybody you know signing up and uh yeah, we'll definitely make a note to have something. Would that be something that maybe eventually we could see about PBN pairing up with you to be able to make it more accessible for our viewers and listeners to be able to obtain goldbacks. Absolutely, yeah, absolutely, You just got to let me know what directions are run with it. You know, we have uh in house, we have Phil who's who oversees our merchant network and so you know, he could come out and talk to all the different you know, maybe he runs one, maybe he does a class on gold backs and so for all the business owners so that they're you know, able to learn more about it and how it works and so that they can get really comfortable saying yes, I'll take this out of my business. Yeah. There's a number of ways we. Can do it. I know. I know A big one is my listeners have heard me talk about it, but their main thing is trying to be able to get it. And I was like, if we could eventually, I'd like it where we can offer the listeners to be able to purchase goldback, so then it makes it accessible to get it in hand, because not everyone has the accessibility or the providers within range, like I live in the middle of nowhere, your. Love, Yeah, so I heard most of that. Yeah, we can definitely discuss you know, you guys coming on to be able to be able to offer it to your listeners so they don't have to go to somebody else. They know that they can trust you and buy direct from you, all. Right, well, and it makes it easy also because we are actually for global. We have listeners from the UK, we have listeners from South Africa, from Africa, we I mean, we have listeners who chime in from everywhere, Saudi Arabia, Belgium. Our numbers will show you that sometimes it's amazing the listeners. We even have some Canadian hosts. And so it's to be able to get the word out to show people might be the path one to get people to realize and invest in in your future is not only good for yourself but your family, and then be able to show that it is obtainable to get your hands on gold and silver without breaking the bank, because an ounce of silver is ridiculous right now, let alone an ounce of gold is unobtainable. Yeah, people are starting to call silver unobtainium right as the price starts to go up and up, and yeah, and gold is even. Because the ass are going for one hundred and seventy three. So that was for specific proof coins, right, so I think it's four. But I'm still we'll seeing the ass go for around one ten on average, even for non special dates exactly. Yeah, I mean, and that's I think spot silver is going to be over one hundred dollars by next week. I don't think that's actually ninety five. I think we're at ninety six. Now let me repull up. I'm always on kitcods, so for my listeners, go to kitco dot com a I T c O. That's going to be your most accurate read in for me. I feel like they're the one site that doesn't inflate the price like certain other not not that I'm hating on the other silver sellers, but the inflation on one of them is a little, a little gross. So it's ninety six dollars and thirty three cents per ask price for silver, and then four and twelve dollars and eighty cents per ounce for gold. Wow. Yeah, it's it's just going to keep climbing. I think we've kind of hit our new normal, kind of like post COVID. We we don't go to twenty four hour stores. Yeah, I mean I think, you know, someone was asking me this morning what I what I see on the horizon for gold and silver, and I just a guy, I don't have a crystal ball. I think fifty five hundred dollars gold is a layup. This year, I think one hundred and twenty dollars silver also a. Layup, and then by twenty thirty, I expect sixteen thousand dollars gold. I don't even know what that would be in silver, but I just, you. Know, people think I'm a lunatic with a tenfoil hat when I say sixteen thousand dollars gold, But I know no. We actually even have a tinfoil hat. Competition at Pepper can't because it's like, you know, people think we're crazy. We might as well have fun with it. Yeah. Yeah, So just to run through because I know it cut out a few times when we were asking long term is trying to make this a world currency for everybody, trying to get as many businesses to accept this, So then understanding that gold is going to be a back of itself, because as we know, the US dollar or dollar in general is on a constant and current decline. I don't see that proven unless we go back to the gold standard. And this is our personal way of having our own gold standard. Literally, let's see. Up absolute world. Try to deal with dollars in banks as little as possible, set yourself free of the system that's trying to keep us in change. That's like cash is king and now goldbacks are are the emperors. But yeah, goldbacks are for or accepted anywhere that has been either small business correct individually or who has signed up with you on your website, which it's going to be listed, and you're not limited to the state that it was created in. And how many states created goldbacks so far? So far we're in eight and then in either February or March we'll have Idaho, which will be number nine. And what are the states that we currently have? Yeah, so in order, we did Utah, Nevada, New Hampshire, Why Homing South, the cod A California mini series, and then we're going to do Colorado later this year as well. Okay, so with Dallas, are we going to see our Texas? Sorry? With Texas. Are we going to see more than just the Dallas or was that eventually? Yes, but so not in twenty twenty six. But Texas is definitely kind of like the Great White Whale for us, so we need to get into Texas. I'm from Texas originally, my wife and I both, so it's definitely something that I'm bugging my bosses about to make sure that we get the Texas gold back rolled out in due time. So what about d C. I know you had the one limit. Is that all DC is going to ever, you know, produce, is that one collector's item? Yes, ma'am. Yes, So we did two hundred and fifty thousand DC goldbacks for America's two hundred and fiftieth birthday, so it was just a one off collector's item. So definitely, if you like to collect go get one of those, because once they're gone, they're gone. We've actually already we've already sold out of all of them, so now you know, we don't even have more to sell to our own customers, So yeah, get them while they're hot. We sold out of those within about a week of release. Yeah, I was gonna say they from my understanding, they sold pretty quick. Now, how long before we see some of the other states like North Carolina or the lower southern states? Sorry, sorry you were you were phrasing. Yeah, so, how long before we see some of the other states like North Carolina or you know, Georgia or the rest of our states down here in the Yeah. No, I love this question. It's one of my favorites because it's really up to you and your listeners. And by that I mean Goldback goes into the states where the merchant network is becoming most active. Right, So, if you're in North Carolina and you want to see a North Carolina goldback, sign up your business, tell your friends, tell your family, tell people at church. Right. Just the more. Businesses in for example, North Carolina that sign up to accept goldbacks, well then we go to those states faster. So that's a we we track all of that data on a per capita basis and we say, Okay, what state you know is really getting excited about this, And Idaho and Colorado are kind of top of the list, which is why we're. Going there this year, right, right, So. Yeah, so we will go We are eventually going to be everywhere, but we're going to go to the places that are basically begging us to come by getting active and starting to utilize these the way they were designed as an actual sound money currency. Now let me clarify though, because it's the we are using it as legal currency between trade in its own businesses, but it's not actually recognized as a legal currency through the states. Correct, you froze, Sorry, so the goldbacks themselves. We see it as currency. Yeah, no, no, you're good. We see currentcy We see it as a currency for businesses and transactional on our end, but it's not being recognized yet as a legal currency per state. Correct, So in either three or four states it is recognized. So like Missouri past, Missouri passed a really great sound money bill last year. Take a look at it. It's actually really exciting. It should be the blueprint in our estimation, it's basically the best sound money bill, not just in the United States but in the whole world. So it has to do with you know, gold and silver as money, be able to spend your you know, your taxes, pay your taxes in golden silver. Now, hopefully more states will then pick up and at least they think, oh sorry, yeah, I was going to say, Hopefully more states will then pass those similar bills, because I think Florida is in the process. Yeah, so Florida is moving in the right direction. But one thing that they did, by my read of the Florida bill was that it only pertained to like national minted gold, right, so like if it comes from the US Mint or the Royal Canadian Mint or the purpose. The US Mint is on a temporary hold. So yeah, but so like those sugar skulls, Florida's bill doesn't recognize that sugar skull, you know, as real gold, at least for their purposes, right, and. So really, but it was real gold. I know, right, but it's for them that Yeah, they just kind of made it to be a little bit more restrictive, right as opposed to Missouri, which was kind of wide open, wild west the way it should the way that I believe it should be. Would you think that limitation there is only to limit the counterfeits, because I've noticed, like certain I'm seeing more counterfeits of not only the silver, but some of the gold and essays from Timu, So I'm seeing a lot of more counterfeits in that area. See, yeah, I think that that's actually very stude observation. But the thing is you could. Again, I've never tried to counterfeit before. I'm not that guy, but I would think that you could. You could counterfeit in ase just as easily as you know, some generic round. Yeah, I've I've gone as far as to after seeing people get their counterfeits over, I keep a magnet and check everything with a magnet first before actually test. And anything is as usually your dad giveaway, especially with tim A lot of them are just aluminum. Well just immediately yeah. Yeah, I mean, I'm sure your listeners know this. They're more savvy than the average bunch. But I would never you know, if you go on eBay or Craigslist or Timu. I just wouldn't go on Timu to buy precious metals first of all. But even on eBay, if someone has less than like ten ten, they're you. Know, yeah, yeah, if the cells are not enough, where the reviews aren't enough, it's it's usually a risky business. The same with Etsy. Don't buy off a Vetsy for silver, no, if it's not a reputable dealer. But people also need to keep in mind if you are collecting or selling and you go to the coin shop, they're not going to see this at the same value as call back itself, because aren't they going to see this as just the value of what the melt is right now? Correct? It depends so our customers, right, so they will typically buy them back at much, much, much higher than melt. Yeah, because they know that they can turn around and sell it at double melt, right, So, so they'll they'll give you a much more fair price if you were to turn that back into them. From what I've seen, there's a company called Alpine Gold that's based in Utah. To my knowledge, they offer the best buy back for gold backs. So if you are ever, you know, in a position where you want to turn them into us D you don't want to go spend them at you know, out for dinner, you don't want to pay plumber me. I can actually create that in a banner. You said, Alpine Gold. Alpine Gold. Yeah, that's that's going to again. And maybe your local coin dealer, you know, we'll offer similar maybe they'll match Alpine Gold once they hear what Alpine Gold's paying. But I just know that Alpine Gold on a typical day is offering. The highest buyback. Uh, you know, price is that right, what's up? Is that right on the matter. There, So for those of you who do have them and do want to sell, if you're in that crunch, then there you go versus going somewhere else and potentially losing out on a premium of your own investment. And I do agree because it did cut out earlier that you said this is a product that can be used to diversify an investment portfolio. Is this something where people are looking at as as far as supporting you in stocks or just in the gold backs themselves. Oh, just in the gold backs themselves. So we're we're still a private company. We're not. We don't we have plan and. Going public, But three or five million dollars worth of precious metals, I would absolutely have one percent of that be in something like goldbecks. I'd have thirty fifty thousand dollars in spendable you know gold, because then again, if stuff hits the fan, God forbid, I have money to essentially not just you know, barter with my community, but also kind of become the local bank at that point by. Having the hyper fractional currency. And so yeah, I would always recommend, you know, if you're a whale and you've got, you know, millions of dollars in medals to allocate one to five percent into something like goldbecks. No, I think that's great and I appreciate you because that was My biggest thing is is I can tell people about goldbecks all day long, but without having the man himself who deals with the daily really to express and to show what the company is about. It's hard to sell it. Because I can tell you all day long how awesome these are, but until people hear it from this else, I'm just gonna be beaten a dead horse. Well, you know again, I mentioned it earlier and I was. Oh, get cut out, cut out. Which I know, Oh, should I start over on that on that? I'm sorry, cut out. It's okay, it's okay. No, I just wanted to tell your listeners that again. You know, it's totally free to sign up, and just for doing so, you will receive well, one will put you on the map so hopefully send some new customers your way. Two you will receive a collectible graded silver back in the mail for signing up. And then when we come to your state, so say you know you're in North Carolina or Kentucky, where there's not a Goldback yet, we put you on the list so that when we come to your state and come up with your state's you know artwork Goldback series, you will get a limited edition graded three denomination for that for that state as well. So I do want to ask this is how do you go about finding or having the designs created for each of these states. Yeah, that's a fun question. So what we do is we create a team of you know, locals in that state, people who have deep roots, people whose families have been there for generations, and we we do a deep dive as well. So Jeremy Cordon's wife, Emily so our CEO and founder's wife, she works kind of with that team. Two to. Y'll bring y'all. So y'all have artists to draw it specifically, because I have like one of Wyoming's ones and it has you know, the Native American I have a Utah, I have an Arizona and and for those of you who don't understand, like go onto that website for my non view and listeners like these are these are gorgeous? Thank you? Yeah, pretty on their own. Well, the technology is, you know, starting with Florida, in twenty twenty five. The technology has improved and the artwork has improved to a point where actually, we're going to be going back to the first five states we did and redoing them to bring the artwork level up as well as fill in the new denominations that didn't used to exist. So the half, the two, and the one hundred weren't part of the first five states, and so we're gonna, yeah, we're gonna bring those to life again, so starting with Utah later this year. Now, you you mentioned if someone signs their business up they get a sober back. Do you also do you does the. Company about it? Like what you know? Like you said, the artwork is, let's let's you're gonna edit this right, let's start that over. Can you cut out? No, it's okay, go ahead, No, no. No, sorry, I didn't realize it. I had stopped and frozen away. I thought you were done to No, it's totally okay. So what were you asking? So you had mentioned to people about signing up their businesses and they get a free silverback. Does gold backs also produce the silverbacks as well? We do, yeah, and so those are just a collectible, right, So there's not very much precious metal content in them, so they're not meant to be that, you know, they're not designed to be spent or used as currency. You know. In twenty twenty two, we made one hundred thousand of the Silver Dragons, and those are really popular. People love those. And so two weeks ago we released we're doing the Greek Pantheon of Gods and so we're going to do five different Greek gods and so we started. Yeah, we made fifty thousand hades and we sold out of those in like. Forty eight hours. People love them, and so again. Totally p there we go. Yeah, it does it every often. I will have to get you on some starlink that's what we operate here. Oh yeah, and it's running. That's great to hear it. But I have no cell reception here, not so whatsoever, I wouldn't be able to. But I can stream all day long with starlink wow, and no issues and multiple devices. Yeah. So I mean normally I'm hardwired in and my internet's great, but I didn't want to. I wanted to be more private here in this room. And so yeah, I guess this room's not doesn't have great internet. So Okay next time. Yes, I was going to say, I have to have you back on because I'd love to talk about and for the listeners. When we're mentioned in silver backs, there are a lot of silverbacks out there that are just as pretty and people are paying twice as much for them. But like you mentioned, you're not going to have the same quantity of silver in them than if you're buying grams or uh five grams or one grams or a half ounce or quarter around or your fractionals. It's not going to retain at the same value as your goldbacks because those fractionals are going to have a much higher value just because of the market and for the type of metal it is. If you're going to collect silver, I am a fan of keeping your bullions, your coins, and your your raw as well as junk silver. That's that's just me. It's not a beautiful I think junk silver right Oh what about junk silver? Nocent? Agree? Oh, I was just say I think junk silver right now provides some of the best value. If you go back to like twenty twenty one, junk silver started out with a very low premium. It was the cheapest silver. And then I think By twenty twenty two, it flip flopped and was people were actually wanting junk silver. They were paying a higher premium. So if I were stacking silver right now, personally, I'd be buying nothing but junk silver and just waiting for those premiums to reverse. I see where silver dimes are going for five dollars a dime that people were paying quite a bit, which is funny because depending on which coin shop I go to. I took a silver diamond just to see and they were like, oh, I'll give you a dollar twenty five for it. I'm like, yeah, no, I'm just gonna hold on to it. Let's see. You lost them that. Hey, I lost you on that. But you said, if a silver dime is trading at five dollars, that's fifty times face. That sounds like a steal. I thought it was closer to sixty times face right now. But I had. I took that same dime to a coin shop that's nine you know, silver dimes or ninety percent silver, and they were like, I'll give you a dollar twenty five for it. It's like I'll just sit on it. Yeah, yeah, No, that's the guy's trying to rob you, I'd never go there again. Exactly. I am sitting on my mark dimes, my silver dimem silver quarders war nickels, which war nickels have much less value of silver in it, but silver silver in any type situation silver silver. So yeah, well I think, I mean the way we're going with it, you know, with silver's critical mineral status, I mean, they might try to run the same playbook where they just they come out and tell us that we have to give turn in all our silver someday. Oops. I I had a boat and accident like I did with my guns, So I'm not sure if. We can get ready to help boating. Yeah, that's that's what I'm saying, is I had a boat and accident. I lost everything in the boat and accident. So yeah, it's all gone. Sorry, Feds, get off my lawn. Yeah, Which there was Which nation was it that did that where you had to turn in your silver? There was a nation. There was a nation. Yeah, they did it with gold, and then there was another nation that also did it with precious metals too, And so what's not the first time that it's happened in history? And you're right, it wouldn't surprise me to see it again, because silver is needed in the medical field in chips and hardwarares as well as gold is too. How much gold is used in different things and platinum is used in catillac converter or is it platinum or palladium in catalytic converters? And yeah, yeah, and that's a ma'am, that's a whole different rabbit hole. But if keeping my. Platinum right now, because it's trading at about costs more than gold. Platinum is more. You said platinum to watch on platinum because it's traded higher than gold. Correct, No, right now, it's about half the value of gold. And for the last eighty years, most of the last eighty years, platinum was at a premium to gold. And I do see that coming back, and so I think right now buying platinum, just waiting until you know, because if gold's going to be fifty five hundred, well eventually platinum is going to be six k. And today it's like twenty five hundred something. It's a twenty six hundred, twenty six nine. Jeez, yeah it was. It was like twenty five hundred this morning, So things are moving. Yeah. Back when I got my gram of platinum. I think you're right. It was around the time it was the same value as gold itself, or if not higher, it was closer to a much higher premium and in cost. Yeah. The hardest thing with physical platinum is just not mixing it up with your silver and accidentally, you know, don't sell your platinum accident. I have mine in my assay and so I keep the assay card in with my gold, so I can't confuse my platinum for my gold. Actually you think I have it here? Yeah, hey, you're back. Repeat that you said you an essay, I. Have it, yes, So I actually keep it in with my gold, so I don't ever get it mixed up with my silver. So it's kept in with my small denominations of gold. That's really smart, Yeah, because I've heard stories of people accidentally selling platinum as silver without either. I would cry. Yeah, just break down and cry. You know. I appreciate you coming on. I would love to have you on again anytime, and real quick for my listeners. Up top is a QR code And remember now this is our new supporters. If you want to switch over from your lifetime membership, this will give you commercial free shoot a message out to James. If you are a lifetime member already or if you want to become one and have the commercial free ads through stream Yard, then click on that select that QR code, scan it, take a picture over to the link and sign up and it's only five dollars a month. But thank you Matt so much for coming in. Don't go away when I close out, and then hopefully we'll have you on again soon and we'll get you hardwired in so then even if it's chaos, we love chaos here, especially on my show. But hang tight, thank you so much for having me on. Next time I come, I'll make sure I have better hardwired internet. But I really loward chatting again. Yeah, absolutely, so hang tight. I'm going to close this out and elsewise, to my listeners, thank you so much. If you have any additional questions, feel free to reach out to me at Phoenix Dash Survival at Proton Dot m E. I will definitely have mister Dale on here again, which phenomenal name by the way, and so we will catch you back. So this show is going to air on the day that I'm being eist in in my home. So for the listeners, if you don't hear from me in a week or two. Then we know that I am without service, and I will be back. But all right, folks, take care and have a great day. All right, hey, let's say