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Dec. 6, 2023 - Health Ranger - Mike Adams
23:06
Adams tests Goldbacks with THREE science experiments...
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If you've been wondering what I've been working on in the realm of gold, I've been melting gold and extracting gold and using my mass spec instrument in our food science laboratory to analyze gold.
Here's actually one of the little gold balls.
I call it a gold BB. You can kind of hear it in there.
I've been actually testing a product out there called Goldbacks.
And if you look at what Goldbacks are, they're actually...
Physical items that have a certain amount of gold embedded within them.
This is a stack of, I don't know, 50 or something like that.
And these have one one-thousandth of a troy ounce of gold embedded within them.
They're very beautiful.
They have very beautiful designs, front and back designs.
And they have different bills available that have different denominations, such as 5 one-thousandths of an ounce, or 10, or 25, or 50.
And the 50 is actually very thick and very heavy.
And I interviewed the founder of the Goldback Company, Jeremy, I don't know, six months ago or something like that.
A lot of people had a lot of interest in this product.
And I decided to do laboratory testing because the one question that I got was, well, how do we know that that actually contains one one thousandth of an ounce of gold?
How do we know for sure?
And so, well, I happen to have, you know, a food science lab which can count gold atoms, which is kind of handy at times like this.
And also I purchased a kiln.
And I want to show you, I've published all of the results now publicly on this website, verifiedgoldbacks.com.
If you go there and you scroll down, you can see the three scientific tests that I conducted here.
I did a kiln extraction.
There's one of the 50 goldbacks in a crucible that's about to get melted.
I also did an ICP-MS elemental analysis test in the lab, and there's gold actually dissolved into aqua regia, which is a combination of nitric acid as well as some hydrochloric acid.
And then I did an acid stone gold test here, which is a common test that jewelers use in order to determine whether gold is 24 karat gold.
So these three different tests I've shared all the results with you here publicly.
There's a picture of my analytical scale.
In this case, 1.6001 grams of the gold.
There's some of the gold nuggets that came out.
And I found that the actual amount of gold recovered out of these bills ranges from, first of all, it's more than 100% of what's claimed.
It actually turns out to be 102 to, at the high end, 107% recovery.
And I spoke with Jeremy, the founder of the company, and I said, why am I getting extra gold out of these bills?
And it turns out they actually set their manufacturing process, their kind of high-tech printing process, to deposit, on average, about 5% extra.
Just to make sure that even though there is variability, slight variability, they never have a bill that goes below 100%.
And I found this to be absolutely true.
I was getting recoveries beyond 100%.
So if you go back to the webpage here, here's some of the crucible melting.
But I want to show you, let's see here.
There's the gold foil that's extracted when you cook it at...
About 800 degrees Celsius right there.
That's not yet the melted gold.
But if you go to 1100 degrees, you get this little gold pellet.
I don't know if you can see that little gold ball in the bottom.
That is what came out of two 25 goldbacks.
This is three of the 10 goldbacks right here.
Again, I'm not sure if you can see that.
But you can probably hear it.
And there's some five bills there.
And then this is the gold extracted out of a bunch of ones combined with a 25.
So we actually have the gold that came out of these bills here.
And then back to the webpage, verifiedgoldbacks.com.
Here are the photos.
I took these photos myself.
This is what you get when you burn it at 800 degrees Celsius.
You get this kind of gold dust.
And then when you go to 1,100 degrees, you can get it into a little gold ball.
And these are the actual photos from the analytical balance.
Anyway, here's the test results from the five goldbacks.
And sure enough, 107% recovery.
The 10 goldbacks, I got 105% recovery.
And there's the actual images of the gold foil and the gold recovery.
The 25 goldbacks, I got 104% recovery.
And then the 50 goldbacks, as you can see here, I got better than 100%.
I guess, oh, here it is, 102.89%.
All right.
So that's 1.6749 grams.
And when you're doing the math on this, if you're checking my math, make sure you're using troy ounces, which have a larger number of grams than just regular ounces.
These are troy ounces, which is what metals use.
All right, and then...
Well, here's a table that summarizes all of that.
Everything is over 100% recovery, typically 102% to 105%, with this one here at 107%.
So then...
I now know for certain that if I melt these bills, I'm going to get real gold out of them, which makes these incredibly useful because these make gold spendable and divisible.
Because I can give somebody one of these goldbacks and hey, here, here's a thousandth of an ounce of gold.
Whereas I can't take a gold coin and slice off a thousandth of that coin, not with any kind of accuracy.
And that would destroy the coin anyway.
So if I want gold that's spendable...
For divisible, I can use all the different goldbacks, the 1, 5, 10, 25, and 50, and I can kind of make change, or I can give the proper amount, or I can use it in barter, or I can purchase products or services with it using the actual goldbacks.
Now the next question you might have is, how do you know that what I've extracted out of these bills is actually gold?
Because you can see the pellet there.
But how do we know it's 24 karat gold?
Well, I use the ICP-MS at the laboratory and here are the results.
I found that it's 99.99% plus gold, which is 24 karat or better.
But the other elements that are present in here at less than 0.01% are magnesium, iron, copper, zinc, silver, and a little bit of lead at 1.2 parts per million.
So these would be considered in metals, these would be considered trace amounts of these elements.
Even though in food, these would be considered higher than trace.
You don't want even 1.2 parts per million lead in your food, but you're probably not eating your gold, I would imagine.
So in gold and in precious metals, these are considered trace levels.
So it turns out that it's about 79 parts per million total non-gold in this, which means that almost a million parts out of a million are all gold.
In any case, it's 99.99% plus, which means it qualifies as 24 karat gold.
So it's not 100% gold, but 24 karat gold doesn't mean 100% gold.
It means 99.99 or better.
So we were able to confirm that again in the laboratory, and I actually used these pellets here in order to do that.
Well, not the ones you see here because we had to dissolve these in acid in order to do that test, but that's the vial image that you see on the website here.
That's gold dissolved into acid right there in the vial.
That's our sample number right there at CWC Labs.
And then finally, oh, and I should mention, if you want to get some of these goldbacks for yourself, just go to verifiedgoldbacks.com and you can click on any of these buttons and you can check the goldback prices and you can actually purchase them.
At no additional cost to you, we do earn a small affiliate percentage on these purchases.
But it doesn't cost you anything extra.
And the other good news in all of this is that we're going to continue to purchase these and test these on a regular basis to sort of spot check the goldback production as, I don't know, a volunteer third-party checker, you could say, just to make sure that we're still seeing the required masses of gold and also the composition or purity of gold that's coming out of these goldbacks.
So we're kind of like a quality control layer now on top of the Goldback Company's own existing in-house quality control.
And then finally, the third test we did is the acid stone test.
And in this test, which is a common jeweler's test, you scrape three lines of your gold on this stone, and then you hit it with different concentrations of acid that are designed to show you whether you have 10 karat gold, 14 karat gold, 22 karat gold, or 24 karat gold.
And if none of the lines dissolve from the acid, it means you have 24 karat gold.
And so in this final photo here, which may be hard to see, but it's showing you that we indeed have 24 karat gold because none of it was dissolved by the acid.
So those are the tests that I conducted, and what it tells me is that the Goldback company is, in fact, manufacturing with real 24-karat gold.
They're putting even a little bit extra into the Goldbacks themselves, and they've created something that's really innovative in terms of its divisibility, and also it's just physical beauty.
These are really beautiful.
People go crazy over these.
I mean...
I was giving some of these out the other day, and everybody loves them.
They're really beautiful.
People like to be surrounded by gold.
They like to wear gold.
Not just women, but men as well.
But women especially, they love to have gold jewelry.
It's across every culture.
Gold is just beautiful, and it's the kind of thing that represents a store of value.
And that's why people love gold bags.
Now, This does cost more than just raw gold in terms of the amount of grams of gold that you get.
I do want to be clear about that.
If you just want to sit on or acquire raw gold, frankly, your best bet is going to be like a 10-ounce gold bar or 100-ounce gold bar, which is very, very expensive, you can imagine, with the price of gold being now well above $2,000 an ounce.
But if all you want is gold and you don't really care about The utility of being able to use it in actual commerce, then you really want gold bars or one ounce gold coins.
But if you want to be able to use gold and have it divisible, gold backs are something that are quite novel here.
You will pay about twice the price of just raw gold to have gold in this format.
So again, if you just want raw gold, go out and get gold bars or even gold coins.
If you want something that's a usable format, that is divisible, Where you can use it in trade and commerce and also you can get a whole stack of these at a pretty affordable price.
How cool is that?
And you can use them for tips.
You can use them for gifts.
You can use them for prepping for the future because they have real physical gold in them.
It doesn't have to be backed by the full faith and credit of the Treasury or the United States government or anything like that.
It's not fiat currency.
In fact, it's not currency at all.
It's just an object that has real physical gold embedded in it.
So you're gonna pay a premium over the raw price of gold.
And that premium is about double the price of gold.
That's roughly what it costs to get into these versus just raw gold itself.
However, I've shown people gold coins before.
They're like, yeah, whatever.
I show people these and they go crazy.
They love them.
Everybody loves these.
I've given away so many of these now, and everybody's been super excited about them, which tells me the intrinsic utility and value in these is absolutely well justified by the current price.
But you can check current prices again at verifiedgoldbacks.com.
You can see all the proof of my research, all the photos, again, all the lab results you can see for yourself.
You can double-check my math if you wish.
Hopefully I haven't made any typos.
But this is all – I've spent months going through this in order to verify these because I also realized that if these were not – if they didn't contain the claimed amount of gold, that would have been massive fraud, like real serious criminal fraud.
And that would be bad news.
But thankfully, that's not what happened.
They actually do contain the gold.
At least all the ones that I tested came out over 100%.
So I'm really happy to report that.
And in terms of decentralized systems of exchange, this is a really great solution to look into because it puts precious metals right in your hands in a format that people instantly love to see.
They recognize the gold.
People value gold.
And it's a fun format as well.
Even if you never plan to spend them, just use them as gifts.
You can just give them to people and you can teach them about gold.
You can explain.
Wouldn't it be great to have actual gold in your money instead of your money being worthless?
Here, I've got probably a $20 bill.
In my pocket here, yeah.
So here's a stack of 20s right here.
And, of course, if you melt down these 20s, you get nothing.
You get ash.
It's worthless.
It's useless.
But if you melt down goldbacks, you get physical gold.
How cool is that?
Because the value is in the goldback, whereas in these, there's no value at all.
I mean, not in the long run.
For now, yeah, maybe people will accept them, but these are losing value every single day.
And the dollar is going to zero, whereas gold, which is what's in goldbacks, gold is holding its value versus the dollar.
That's why gold went over $2,100 an ounce recently.
And it's probably going to continue to hold its value versus the dollar, which is a failing currency.
So Don't take any of this as investment advice.
I'm not here to ask you to speculate on gold, and I don't know where the price of gold is going.
And I don't know how long the dollar is going to last.
I just know that it's dying.
It will eventually be zero.
Gold will never be zero.
Gold has intrinsic value.
But get your own investment advice and talk to your own professionals.
Make your own decision.
Everybody's situation is different.
And the value of gold in dollars can go up or down depending on world events.
Frankly, the more wars there are, the more unpredictable world events become.
Gold tends to move higher.
The more we have peace, tranquility...
And, you know, easy economic times and low energy costs, that's when gold tends to go down.
So if you're looking at the world today, ask yourself the question, is the world becoming more stable and peaceful?
Or is it becoming more warlike and insane?
I mean, the answer is kind of obvious.
And with that information, you can probably take a guess in your own mind of where you think gold is going.
But I'm a supporter of all forms of gold.
I have gold coins, of course, and silver.
Here's some silver coins right here as well.
I'm a big advocate of silver.
I've got the silver bullet here on my desk as well.
I've got junk silver coins.
But this is a new format that I'm adding to what I have right now.
I'm going to add goldbacks to them because now I know I have a form that I can take and I can use it immediately.
It's highly divisible and it's recognizable.
It's beautiful.
And in the worst case, like if there's a fire or something and this all melts, it just melts into gold.
And gold has value.
So...
There you go.
Really cool stuff.
I had a lot of fun doing this research and taking it to the lab and trying to figure out how do I digest gold into a liquid solution?
Turns out you have to have this, which is the aqua regia.
And then how do I melt it down?
We have to have a kiln capable of 1,100 degrees Celsius.
And then I added this third test.
I mean, it was a lot of fun.
I really enjoyed doing the science on this.
And I was really pleased to find that the answers are all confirming the claims, you know, the amount of gold and the presence of gold and the purity of the gold that's in goldbacks.
So...
If you'd like to get some of these for yourself, just go to verifiedgoldbacks.com and you'll be able to click there and get some of these for yourself.
And I encourage you to get some extras so you can give some away as gifts.
They're very popular gifts.
People will remember what you gave them when you give them actual gold in this format.
They will remember this for a long time.
And especially for younger people, you'll be giving them an education of what has real value instead of giving them, you know, treasury gifts.
Fiat counterfeit currency that's going to go to zero.
Give them something real that's going to actually hold its value over time.
Also, by the way, if you order any of these by clicking the link and you use the bonus code VERIFIED, see this code right here?
You're going to get a bonus report that I recorded called Seven Bulletproof Asset Protection Strategies That Can Save You When the Financial System Fails.
So just enter the code VERIFIED to get that bonus report, which is about an 80-minute audio report that contains a lot of valuable information about different ways that you can prepare for the collapse of the Western banking system, which I believe is coming.
So again, bonus code VERIFIED. Just go to verifiedgoldbacks.com.
Click on any link there.
You'll be able to shop for goldbacks.
Use coupon code VERIFIED to get the bonus report.
And I think you'll be really thrilled to get these.
They're quite beautiful, innovative, and people love them.
Definitely a conversation piece for all the interesting gatherings ahead.
Thank you for watching today.
I'm Mike Adams here.
Take care.
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