Goldback Breaks a Record!
The month of March turned out to be a record-breaking month for Goldback sales! Final numbers are still being tallied but we are looking at around 1.5 million Goldbacks sold or between $5,000,000 - $6,000,000 in total Goldback sales. To put this into perspective it took all of 2019 and the first ten months of 2020 to reach 1.5 million Goldbacks sold. Sales only began to slow down in March when half of the various Goldback designs sold out completely.
It is always good to purchase Goldbacks (or anything else really) BEFORE the demand goes crazy high. As people take a serious look at the risks involved in the financial system they begin to look at safe alternatives such as Goldbacks. Many believe that SVB could end up being the tip of the iceberg in terms of what is coming. It’s been common this month to see “Sold Out” on many Goldback products across the internet. We are hoping that this demand cools a bit and gives us time to catch up so more people can prepare themselves.
Goldbacks may be the best physical cash-like money out there right now in the event that we have continued problems with the traditional system. The market is beginning to discover this and we are starting to see more and more six andseven-figuree purchases of Goldbacks. Oftentimes people are trading in bars and coins so they have something more usable in a barter scenario.
The good news is that Goldback production is roaring to life! We anticipate being able to produce as many as $50,000,000 in Goldbacks for 2023 which is approximately the same value as every Goldback produced from 2019 - 2022. In 2024 we are forecasting $100,000,000 Goldbacks produced which could be double every Goldback ever produced from 2019 - 2023.
Things aren’t slowing down. Even with higher production, Goldback is still a drop in the bucket compared to what the demand is for inflation-proof money. We hope to continue our experiment here and hopefully, we can get the whole world to use this technology for their money someday.
In case you missed it, this is what a million dollars worth of Goldbacks looks like: