In 2019 Jeremy created the Gold product known as the Goldback. This exhibited Gold in spendable quantities for the first time. Using a patented production process, Jeremy effectively set up a novel product in one of the oldest industries known to man. After being recognized as a local currency in Utah, many states began vying for their own Goldback series. Currently, there are 4 state series and over 8 Million Goldbacks in circulation. With nothing but a dream, Jeremy created a company from an initial investment of $40,000 to one of the most bullish corporations in the United States.
The Goldback project is the answer to the many problems presented by the Modern American Economy, such as:
– A rampant distrust of the existing monetary system
– The endless printing of currency devaluing the US dollar
– The lack of a consistent store of value for finances
– The unusability of precious metals as spendable currencies
The Goldback is on the rise and offers viable solutions to real-world problems.
Prior to Goldback, Jeremy always had an interest in precious metals. On a whim, he quit a high-paying job to become one of the first full-time employees of the UPMA (Utah Precious Metals Association). He was able to help grow the organization from 400 members to over 25,000. This enabled him to negotiate himself into his first management position. From there he was able to begin work on his first business, Quintric. This was a gold-backed crypto project where he served on the board of directors. Ultimately this sparked the idea of a gold-backed currency. Quintric did not take off as hoped and after Jeremy’s exit, he quickly started work on the Goldback Inc.
Host Jeremy to have intellectual and practical conversations about Gold, Entrepreneurship, Finance, and More!
From Jeremy:
The precious metals space is fairly small so I didn't envision myself being able to find a job in it. However, I met Larry Hilton at an event at the Capitol in Salt Lake City while interning with the Libertas Institute. He had a small side business serving the United Precious Metals Association with gold and silver accounts. About a year later I wrote a blog about his business that ended up being read by over a quarter million people on Zerohedge.com. The article resulted in an explosion of interest in the United Precious Metals Association (UPMA) and I used that as leverage to successfully get a job with Larry. He agreed to start me out full-time for $10 an hour which was a steep pay cut. I don't remember how I sold my wife on this but as a result, I ended up working in the space that interested me the most.
What I found out is that following passion creates opportunity!
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