The struggle of the past year for Goldback Inc. has been keeping up with the overwhelming demand for Goldbacks. If you hop on Ebay or APMEX you can see an inflated price, especially for the ‘one’ denomination. There simply aren’t enough to go around.
These problems will be eased since the brand new Valaurum facility is now beginning production of all Goldback denominations as of this week. We probably won’t see these hit the market for another two months but when we do the price of the ‘one’ denomination should be more or less interchangeable with other denominations at most retailers.
This new facility solves another problem for Goldback Inc, we haven’t been able to do much in terms of advertising for a year now. Every time Goldbacks are promoted they sell out so we stopped doing paid promotions for the most part.
The good news is that more people than ever will have access to inflation proof money. This is a huge milestone for us and we are grateful to everyone that has been a part of it.