Sound Money Promotions is promoting the use of the Goldback in Washington state as well as five other states.
The Goldback is gold you can spend on even small purchases and is a private 24kt gold currency in denominations of 1s,5s,10s,25s, and 50s. One Goldback contains 1/1000th of an ounce of .999 fine 24kt gold and the 50 is 1/20th of an ounce. over 400 businesses have adopted gold as full or partial payment for their goods and services.
Sound Money Promotions' aim is to have all businesses in Washington accepting gold as payment from the customers they serve and for all Washingtonians to have access to a system of sound money backed by gold and made out of gold.