Interview With Goldback’s President

Greg Reese published his interview with the President of Goldback, Jeremy Cordon, on May 18, 2025. These are the highlights of that 58-minute interview with Jeremy Cordon:

• More than 80% of silver and copper are mined for industrial use, limiting the use of those metals for money.
• Goldbacks are the cheapest transactional gold product that can be owned in such tiny, verifiable, secure amounts.though the Constitution specifies that only gold and silver coin can be used as tender in the payment of debts (Art. 1, Sect 10), metal coins that compete with Federal Reserve Notes are prohibited by federal law unless they are authorized in a legal tender act passed by a state’s legislature. More than six states have passed such laws, with many states pursuing similar legislation.
• When a person uses Federal Reserve Notes and Central Bank Digital Currencies, he is perpetuating the fiat, centrally controlled money monopoly that creates inflation and has robbed us of our wealth and privacy. If we want to break the current corrupt money system, we must stop using all Federal Reserve products and build an alternative economy that is so much better that fake money products are no longer desired.
• About 330 million Goldbacks are now in circulation. Jeremy’s near-term goal is to release 3 or 4 new state series per year.
• When Goldbacks are offered for payment, the acceptance rate is about 75%, which is 50% more often than when junk silver is offered.
• Goldbacks have out-performed gold coins and bars because coins and bars aren’t practical in an economic crash.