Gold: Big news for Nevadans! The Nevada Goldback is almost ready for its formal launch. Below is a sneak peek of the 10 Goldback note, which will contain 10/1000th = 1/100th troy ounce of 24K gold in it. As with the Utah Goldback, the Nevada Goldback will come in five denominations: 1, 5, 10, 25 and 50. The monetary value of the Utah and Nevada Goldbacks will be the same. Goldbacks have increased in value by 22% over the last 11 months, relative to the US fiat dollar.
Anyone (even those outside Nevada) who wants to secure some of the new Goldbacks, may want to consider placing preorders for them. Orders will be filled on a first come, first filled basis.
The formal announcement of the introduction of the Nevada Goldback, along with the opportunity to place preorders, will occur before Independence Day.
Nevada will play a key role in the monetary future of the United States. Nevada produces over 75% of the gold produced in the US and if the state was an independent nation, it would be the fourth largest gold producer in the world.
Gold is Money
Mark Voelker
 |