What is a Goldback Lease?

A Goldback Lease involves delivery of a set amount of Goldbacks to Goldback Inc. for the purpose of supplying a rotating inventory.

What do Goldback Leases pay?

Goldback leases pay up to 3.5% annually. Payments are made monthly in the form of Goldbacks that can be either vaulted, delivered, or cashed out. We have vaulting partners that offer Goldback accounts free of charge.

For example, a 100,000 GB lease would pay 292 GB per month, totalling 3,500 GB annually, which would then be paid into a free, fully insured, account.

On a lease worth $300,000 USD this would equate to receiving $10,500 in lease payments annually (asumming that the price of gold remained static throughout the entire lease period). If the value of gold were to increase, then so would the value of the lease payments in terms of USD.

What are the minimums to get involved?

Currently the smallest size Goldback lease is $50,000 USD. You don't have to sponsor a State to do a Goldback lease. Smaller leases pay lower interest rates.

How risky is this program?

Leased Goldbacks are insured at every step of production. The Goldbacks you lease to the Company are used as rotating inventory. You own your leased Goldbacks at all times, whether in transit or in production. Your Goldbacks are never pledged as collateral, or otherwise encumbered.

Do I need to be an accredited investor?

No. Goldback leases are not securities since they represent a physical product that you own, and are leasing to Goldback Inc. under a defined agreement.

I heard that I could sponsor a new Goldback series?

Yes!, assumming you can meet the minimum lease size, you could sponsor a brand new Goldback series. You can read more about that program here:

What kind of work is involved in starting a new Goldback series? Is it a kickstarter?

The program used to be a kickstarter but we changed it in early February of 2021. The new sponsorship program (via leases) allows for one to sponsor a new Goldback while making a return, without needing to market or sell the new Goldback series.

Do I have to live in a particular locale in order to sponsor a new series there?

No.

How long is the term of the lease?

At least one year. Small leases that aren't associated with any new series can be terminated on 60-days notice without any penatly. If your lease is sponsoring a new Goldback series then it may be subject to a slightly longer minimum term.

What happens when the lease ends?

When the lease ends you may choose to let it automatically renew or liquidate on 60-days notice. Liquidating the lease may involve either taking physical delivery of the Goldbacks, having them vaulted, or having them sold for cash or traded for another precious metal. Most people choose to renew leases because of the attractive income stream.

What kind of paperwork is involved?

There is a simple lease agreement that we can email you. You can expect that we may ask some questions related to "know your client" protocols.

Where can I get more information?

You can email info@goldback.com for more information.