What is Sound Money?

Have you ever wondered what the value of your money is? Do you sometimes feel like no matter how much cash you put away you just can't seem to stay ahead of bills, groceries and rent? You work hard for your money, it's time you get the full picture.

Introduction

What are Goldback Notes?

Gold-backed notes are a type of currency that is directly convertible into a fixed amount of gold. The US dollar used to be directly convertible to an amount of gold. In other words, holders of gold-backed notes can exchange them for a specific quantity of gold upon demand.

Historically, many countries issued gold-backed notes as a form of currency, with the value of the note guaranteed by the corresponding amount of gold held in reserve by the issuing authority, typically a central bank or government.

Several states have issued or historically issued gold-backed notes, including the United States, which issued gold certificates that were redeemable for gold coins until 1933. Other countries, such as Switzerland, also issued gold-backed currency in the form of banknotes or coins.

Today most national currencies are fiat or debt-backed. These currencies have no convertible value to any real tangible underlying asset such as gold. This is the main reason why fiat currencies inflate.

Are Goldback Notes Sound Money?

Sound Money

Gold-backed notes are considered sound money compared to fiat currencies like the US dollar because they are backed by a tangible asset with intrinsic value. The value of gold has been recognized for thousands of years due to its scarcity, durability, and widespread acceptance as a store of value. Therefore, gold-backed notes provide a degree of stability and confidence to users, as they are literally made of a consistent quantity of gold and have melt value proportionate to their demonination, which helps to prevent arbitrary inflation or loss of value over time.

The value proposition Aurum Goldback notes offer is that they are literally made of the underlying asset, in this case gold.

Wealth Preservation

Can Goldback Notes Help Me?

Inflation affects the modern working family in several ways:

  1. Decreased Purchasing Power: As prices rise, the purchasing power of each unit of currency decreases. This means that families need to spend more money to purchase the same goods and services, reducing their standard of living.

  2. Erosion of Savings: Inflation erodes the value of savings over time, as the nominal value of money decreases. This can make it harder for families to save for the future and achieve their financial goals.

  3. Income Inequality: Inflation can disproportionately affect lower-income families, as they may struggle to keep up with rising prices while wages remain stagnant.

Gold-backed currencies, such as goldback aurum notes, can help families battle the inflation of fiat currency by providing a stable store of value made of a hard tangible underlying asset that cannot be inflated.

Since the value of gold tends to hold relatively steady over time, goldback aurum notes can preserve purchasing power and protect savings from the effects of inflation. Additionally, goldback aurum notes offer an alternative to fiat currencies that may be subject to government manipulation or instability.

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Gold is the money of kings
Silver is the money of gentlemen
Barter is the money of peasants
Debt is the money of slaves

- Norm Franz

Introducing Goldbacks: the innovative gold currency notes that combine exquisite design with advanced anti-counterfeiting features. Each denomination, from 1 to 50, features unique artwork representing a state and a set of virtues, meticulously crafted by Goldback artists.

To ensure authenticity and security, each Goldback undergoes a rigorous process that includes government-grade anti-counterfeiting features. The design is carefully reviewed and then sent to Valaurum, our trusted manufacturing partner in the US.

Using cutting-edge technology, Valaurum embeds 24-karat gold onto polymer sheeting, creating a stunning negative image on the back side. The precise amount of gold is deposited using proprietary vacuum deposition technology, guaranteeing accuracy and quality.

Every production run of Goldbacks is thoroughly verified using X-ray depth measurement, fire assay of gold content, and additional third-party measurements. This meticulous process, developed over nearly two decades, ensures that Goldbacks have never been counterfeited.

With government-grade security features, unique crystallization and tessellation patterns, and individual serial numbers, Goldbacks offer unparalleled security and peace of mind. Plus, they provide you with physical gold that you can spend, making them a smart investment choice.

Experience the beauty, security, and innovation of Goldbacks today – the most technologically advanced process in the world for creating physical gold currency.

Aurum Technology

  • Laying the Gold

    Starting with a thin layer of gold foil, the process involves intricately printing the design onto the foil using specialized techniques. This step ensures that every detail of the intricate artwork is faithfully reproduced on the surface of the Goldback.

  • Sealing the Gold

    Next, the printed gold foil undergoes a proprietary lamination process, where it is sandwiched between layers of durable polymer material. This lamination not only protects the delicate gold layer but also enhances the durability and longevity of the Goldback.

  • Quality Assurance

    Once laminated, each Goldback undergoes rigorous quality control checks to ensure that it meets the highest standards of quality and authenticity. This meticulous attention to detail ensures that every Goldback delivered to you is of impeccable quality and craftsmanship.