What if you could carry and exchange gold in the exact same manner as you do with the dollar bills in your wallet?
I’ve recently been introduced to a technology that’s making this possible.
In short, a fractional gram’s worth of gold is affixed to layers of polyester, creating a note called an “Aurum” similar in dimension and thickness to a U.S. dollar bill. This gold (usually 1/10th or 1/20th of a gram) is commercially recoverable. So an Aurum offers similar potential as a coin or bar, in terms of providing a vehicle for storing and exchanging known, dependable increments of precious metals just in much smaller (and more affordable) amounts than commercially available to date.
The big idea here? In a world where a 1oz coin of gold costs over $1,200, an Aurum will let you hold a few dollars’ worth of gold in a single note.
If you’ve got pocket change, you can be a precious metals owner.

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Submitted by Adam Taggart, Peak Prosperity:

In today’s podcast, I speak with Adam Trexler, President of Valaurum, about this technology and the gold-infused notes it creates. Valaurum’s mission is to democratize ownership of gold by converting it into a form affordable to anyone.

Democratizing Gold

In short, a fractional gram’s worth of gold is affixed to layers of polyester, creating a note called an “Aurum” similar in dimension and thickness to a U.S. dollar bill. This gold (usually 1/10th or 1/20th of a gram) is commercially recoverable. So an Aurum offers similar potential as a coin or bar, in terms of providing a vehicle for storing and exchanging known, dependable increments of precious metals just in much smaller (and more affordable) amounts than commercially available to date.

The big idea here? In a world where a 1oz coin of gold costs over $1,200, an Aurum will let you hold a few dollars’ worth of gold in a single note. If you’ve got pocket change, you can be a precious metals owner.

And you don’t have to change your behavior. You can store and transport an Aurum in your billfold along with your dollars.

Understanding the Aurum

As the saying goes, a picture’s worth a thousand words. Here’s a picture of an Aurum designed for Peak Prosperity that the Valaurum team produced for us:

(click here to purchase - PP.com will NOT receive a fee if you do)

You’ll see that with even just 1/20th of a gram of gold involved, it’s enough to make the Aurum appear to be “made of” gold. The characteristic luster, color, and shine of the 24-karat gold used is immediately apparent.

The Aurum is designed to be handled in the same manner as we do with our “paper” money. And, despite having a more ‘plastic’ feel to it (resulting from the polyester backing), it’s as flexible, lightweight, and familiar-feeling as paper currency.

The big difference, of course, is that instead of being a claim on something else, it simply is what it is: a fractional gram of gold. It can be stored, traded, or melted down just like a coin or bar.

Here’s a brief video that gives an overview of the production process:

BBB

Implications

Being able to hold gold in this form is significant for several reasons.

First, it makes gold ownership available to all budgets. Many of the world’s households have been priced out of gold to date. This changes that completely.

Second, it enables the potential for everyday transactions should we ever return to a precious metal-backed monetary standard. It answers the challenge: How will you pay for your groceries with gold? With an Aurum, it’s now easy.

Whether Valaurum’s product emerges as the winning horse or not, the world definitely needs this type of solution (i.e., convenient fractional physical metal) to go mainstream.

I’m very excited by this new innovation in the bullion industry, and I explore the matter in depth in this podcast. If you’re similarly intrigued, it’s worth the listen.

And for those of you interested in owning an Aurum of your own, you can learn how to purchase the Peak Prosperity Aurum pictured above by clicking here (Peak Prosperity does NOT receive a fee on these sales).

Click the play button below to listen to my interview with Adam Trexler (36m:59s):

 

 

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  1. Another interesting concept.  I like the gold combi bar, silver coins that can be denominated down to 1/10 of an ounce. I think the idea of paper money with gold embedded just doesnt float my boat after everything thats be said about FRNs and pocket lettuce and the long dismal experience with paper money over the last 7 centuries or so.
    I’d be open minded if this folding gold can gain enough traction. 
    The bitch of it is the mightly FRN is not going down easily. 
    There is a hell of a fight coming soon.  Maybe this folding gold will prove to be a useful ally.

  2. Interesting idea.  I had long thought someone might try an embedded strip of gold.  Whatever the method used, any note will become just so much paper as soon as the first forgery shows up.

    (Of course, the gold, if real, will still be there but you might have to recover it yourself or sell the note at a steep discount.)

    • Bad idea. It isn’t as easy to test the purity of this gold note than it is for a 1 gram gold bar bar. Also a 1 gram pure gold bar is waay more marketable than some gold mixed with polyester. 
      The world has always revolved around tri-metallism of Gold/Silver/Copper. Gold and Silver mainly for hoarding. Copper can be used for everyday transaction. 

  3. Problem with this idea, is that of competing currencies. What is stopping anyone from producing a piece of paper with some gold in it?
     
    This then becomes a matter of trust. Who do you trust to make these notes, that hold x amount of gold in them?
     
    Then you get back to the concept of the Brand, which brand do you trust? why do you trust them? what happens if they turn corrupt?
     
    How does one verify that the paper contains the correct amount of gold?
     
    Who would do the checks? who OWNS the standards. Now we are getting to the core of the problem. It starts turning into a centralized system, based very similar to a central bank.
     
    So, if the paper needs to be verified, why not just go back to promissory notes. You must first buy your gold, store it at a bank, and then get a note saying that bank X promises to pay the bearer the sum of…
     
    hang on? isn’t that how it used to be? With runs on banks when fractional banking first came into existence?
     
    After working through this, I think I will stick to my coins and bars. I got a few 1/10th oz coins, but I wouldn’t go any lower, there are 1/20th oz coins out there, but I find half sovereigns to be fiddly enough.
     
    You can already buy 1 gram bars, and as another post mentioned you can buy combi bars, which come at a premium.
     
    The British Empire was run on gold Sovereigns, it worked well. Before that, the Guinea paid for wars.
     
    Why not look at other metals for money?
     
    Base your coinage on the acceptable quantity of metal in the ground as stated by science. Copper is an easy one (didn’t we have copper/bronze coinage????), silver (yup, all sounding familiar!!!!), and gold (woa, reinventing the wheel here!!!)
     
    I refer to the coinage act of 1816 of Great Britain. Pounds, Shillings, and Pence….I would highly recommend anyone taking a look into this, because it does not require a central bank to distribute money, only a mint to mint coins to a certain specification.
     
    the coinage was as follows:
     
    1 penny, 2 pennies, 3 pennies (small silver), groat (4 pennies, silver, larger than a 3 penny coin), a six pence (silver), a shilling (12 pence, silver), a florin (24 pence, silver), half a crown (30 pence, silver), a double florin (48 pence, silver), a crown (60 pence, silver), half sovereign (120 pence) and sovereign (240 pence).
     
    The coinage was based on weights, and were all measured according to the amount of silver in a troy pound, being divided up into smaller quantities. The relationship between copper and gold to silver, were based on what was thought to be the natural occurrence, and rarity.
     
    This was how the world was. The word was run on 925 sterling silver, and 22 carat gold.
     
    What changed? Fractional banking, promissory notes, WAR.

    • <<Problem with this idea, is that of competing currencies. What is stopping anyone from producing a piece of paper with some gold in it?>>
      What is stopping anyone from producing silver or gold coins? Nothing. This is a very good thing since there won’t be a single center of control. In fact our smart scientists that up until now polluted and damaged the planet should get together and figure out how to design a pocked size devise for checking these notes’ authenticity, which should be able to check coins and small bars. Problem is gone.

    • They have. Its call a fisch. You just pop your sovereign in it, check the measurements, check the weight and bingo. No need for weird and wonderful goldy paper.
       
      As for silver, 925 silver coins have a distinct ring to them. Once you handle them enough you can spot a fake a mile away. They feel wrong, sound different. Why reinvent the wheel?
       
      Coins are a form of branding, usually by the state. Kings, Emperors heads etc are put on them to assure that they are of quality, that was the whole point of the head of states head on the obverse, to say, “this king is quality, if you trust him, trust his coinage”
       
      In England Saxon times, there would be several official mints around the country (little man, in a shed, minting coins all day), the coins would have the kings head on one side, and the Coin smiths name on the other. If the coin was deemed to be a under weight, or gold/silver content not enough , then they knew exactly where to go to lob the coin smiths head off.
       
      That’s what I call reassurance of a brand.
       
      Oh and a coin can only be called a coin if it has been created by the state. Else its just a round. Nothing wrong with Rounds, just make sure that they come from a source that you trust, with a brand that everyone recognizes (world wide).
       
      For example, I have heard of Sunshine mint, but if someone gave me a 1 oz Krugerrand, maple, eagle etc, I would be far more happier to receive it than a Sunshine mint 1 0z round, or gold bar. Why? Branding.
       
      Mints are sound entities as long as their product is checked, don’t confuse a trusted state mint, with the Central banks, they are separate entities, with different agendas.
       
       

  4. “The relationship between copper and gold to silver, were based on what was through to be the natural occurrence, and rarity.”
    I agree with much of what you state, but not this sentence WFS.  When the primatry metals of gold, silver, and copper are pegged it DOES create an imbalance and they should float against each other.  Furthermore, and more importantly, an entity such as the Roth need only take control of one metal (eg gold) and through this control the other two.  Look what they did in the US:  They took control of the gold then demonitised silver rendering those with silver ‘moneyless’.
    Keep the metals in separate systems that float against each other through market forces.
    There are only TWO variables that need to be taken into account.
    1.  Weight
    2. Purity
    You’re form the UK, right?
    I’ve proposed two separate systems to serve as ‘base’ coinage here:

    http://coppersterling.wordpress.com/

    In brief, one system would be bronze made from the 97%cu 1971-1991 1p and 2p coins, with the other system comprising of the cupra-nickel coins (1991-2009 5p, 10p and also the 50p)  Both the systems can be used in the context of the fair (and simple) concepts of:
    1.  Weight
    2. Purity.
    The systems could be used for everyday trade with gold and silver used for big transactions and savings.
    Hope you at least have a gander at the site I’ve linked as I’m assuming you’re from the UK.

    • “an entity such as the Roth need only take control of one metal (eg gold) and through this control the other two.”
       
      matters not a jot who controls the supply side of the metals. This is not why America went all cupro Nickel, you can blame that on starting stupid wars. Don’t worry, not the first time in history this has happened,  the whole of Europe lost all its wealth through war. You got to pay someone for those guns and ammo.
       
      War accounts for every singles nations loss of wealth, throughout the ages. The great re-coinage of 1816 was brought about after war, all coinage was reduced in size. Happens time and again throughout history. Debasement of currency through war. Started out in Rome. All very well when your beating your enemies to a bloody pulp, but when they are all beat, where does the new money come from (money being silver and gold.)
       
       
       

    • You perhaps missed my primary point, WFS.
      The metals shouldn’t be pegged into a nominal monetary system and should free float against each other.  The case in the US I was referring to was the era late 1800′s when they de-monetised silver, leaving only gold as ‘legal tender’ – no doubt by the instructions of the banking dynasties.

    • For your perusal WFT.  Taken from ‘the silver stealers’:

      Walker, who was born in 1847, commented on the bitter hardships forced
      upon Americans by the Crime of 73, of which he was a victim (silver
      demonetization in the Coinage Act of 1873) —
      “As if they had been a row of bricks, banks all over the United States fell
      down. Immediately those who had been living from hand to mouth began a
      struggle for existence. Depredations occurred. I personally saw a
      procession of starving workmen—estimated to be 10,000 in number—
      tramping along the Chesapeake and Ohio Canal begging for food, ready to
      work for a wage that would barely keep body and soul together. There were
      four batteries of artillery sent down from Washington to protect the houses
      and property of the Baltimore & Ohio Railway.
      MEN COMMITTED
      SUICIDE
      BY THE THOUSAND
      . Everywhere hopelessness and despair
      settled over the country. Pressure was exerted by banks upon all who
      refused to accept England’s single gold standard. The effect on India and
      China will never be known in their fullest horror. The immediate
      depreciation of their only stock of money, silver, stopped trade and starved
      whole provinces.
      IT CAUSED
      MILLIONS OF DEATHS
       

      http://dont-tread-on.me/wp-content/uploads/2012/09/The-Silver-Stealers.pdf

       

      My concern is that the ‘stacker/prepper’ community will be foolish enough to accept some insidious gold standard upon the population wherein most of the gold is still owned and loaned out by the same sick fucks that control today’s fiat.

      A gold standard would be yet another abomination. However, physical gold ‘free floating’ and not pegged to silver and copper would be of tremendous value to humanity IMHO.

    • I understand your notion of not pegging currency, but this is the problem. Inflation is an artificial construct created by artificial supply and demand.
       
      I think coinage should be pegged. The only purpose of currency is the act of exchange, a form of representation of energy, converted to useful artifacts. Prices, if there wasn’t all this smoke and mirrors about what money actually is, I think that the Capitalist systems of Hayek et al.  would be able to work effectively,  thus creating Pareto efficiencies, that would benefit all parties concerned, at the time of exchange.
       
      Not going into Shekels and Shillings, you know all this, but that’s where I stand. A shilling is a lamb. A lamb is a shilling.
       

    • They stopped producing silver dollars and ended free coinage (where someone could turn up at the mint and have their silver coined into silver dollars) and pursued a ‘gold standard’ like Europe.  I suppose pseudo-demonetize is a more appropriate term, and yes these efforts reduced the monetary value of silver causing carnage to those that had saved in this metal.  As you know, debt is nominal, and so people’s debts became more difficult to service.
      “but that’s where I stand”
      This is all we can ask from each other at this juncture of turbulence, even we disagree we should at least be honest.
      Personally I’m a fan of competing currency systems working alongside one another without legal tender laws in play (I think after 6000+ years we can safely assume that guvment cannot and should not be trusted with the medium of exchange).  I believe that the two concepts of weight and purity in metal coins and bars are the way forward.  Many disagree, but like you indicated to me, “that’s where I stand”.
      G’luck, WFS
       

  5. By the way, Cupro-Nickel and Copper coins are turning out to be expensive objects for the royal mint to produce. They have been slowly replaced by “clad” coins. These coins now have an iron core, with a shell of Cupro-Nickel or Copper.
     
    I don’t know the true cost of “new” 5 pence pieces made from cupro, be interested to know if they are worth more than 5 pence.
     
    I don’t know the true cost of a penny (pre 1992), but apparently it contains more than the face value worth.
     
    Take a look at Kyle Bass and his 1 million dollars worth of Nickels. :)
     
    I been collecting pre 1992 Uk 1p and 2p’s for years now….spending the clads, keeping the pures.

  6. I just don’t get it. The coins will be easier to carry and you know what you have weight wise yet smaller the the cards. Yep give me (10) 1/10 oz gold coins in my pocket and I’ll be happy. Keep Stacking the Physical.

  7. I’m looking at the new C Note right now.  Ben looks positively dyspeptic.  Of the 7 dwarfs, he’s not Happy
    Let’s talk about plastic.
    It’s a wonderful material. It can be used to create miracles or conceal failures. 
    Polyester is the bastard stepchild of the plastic family.
    Back in the day polyester was used to conceal.
    Men tried it with bell bottom jeans and disco shirts.  The failure was epic. 
    Polyester did not turn a skinny D-bag into a hipster. It just made him look stupid. 
    A tight bustiere did not make a dowdy female into a hottie. It just gave her muffin top.
    Polyester’s legacy of concealment continues today
    The idea of using polyester paper as a  gold  substitute is just another in a long line of failures, using plastic to conceal some ugly truths. 
    Paper money is a losing game.
    Besides which, the new C note looks like something with which I used to clean up cat gack.

  8. The Aurum is not for me …. As others have stated counterfeiting is indeed possible. Also, if you do the math, a 1/20 gram Aurum has $2 worth of gold in it (with gold at $1250 a troy ounce) … the current purchase price of $10 in FRNs on their website is still a bit pricy.

    I am sticking with silver for future small purchases although it is good to see that people are looking at the need.

    • Good point Wendy.  That’s exactly what I noted is their product is significantly spot price.  At $10 per 1/10th gram Aurum that’s just over $3,000 per oz.  Yikes!  Its an innovative idea but needs to be cost effective.

    • $10 for $2 in gold dust, huh?  This has to be the worst price for small gold I’ve seen yet.  The rat at the coin shop doesn’t gouge ya this hard..
      It’s really simple.  Want silver or gold, buy silver or gold.  You can see it, weigh it, trade it, stack it or even sell it in five minutes.
      What’s this monopoly money for again?

  9. I would rather have these than fiat backed by nothing, also everybody who complains about counter fitting, hang on a second you still use greenbacks which is the most counter fitted paper on the planet!! Lol The only problem I have with these notes is they should be paying me royalties!! LOL keep stacking

  10. As has been noted, humans have used copper and bronze, silver, electrum, and gold as money for thousands of years.  It is a system that was not broken, yet a cabal of bankers and politicians decided to “fix” it until it was.  One of the bigger hangups in all this seems to be that most of us insist on attaching a price to everything.  Why?  Is it not enough to know that this copper coin is 98% pure copper and the copper in it weighs exactly 20 grams?  Or that this silver coin is 90% pure silver and the silver therein weighs 25 grams?  Goods can easily be priced in grams, centi-grams, or even milli-grams of pure coin metals.  The more valuable the metal and / or the more of it you have, the more it is worth in terms of goods.  It seems only to confuse the issue to drag fiat prices back into the mix.  If we are ever going to break with the fiat system, shouldn’t that be a clean break and not a so-so break?  :-)
     

    • Politicians decided to fix the problem (which was national debts, mainly in Europe after WW1 and WW2), by debasing the coins, to pay the Americans for their “services”.
       
      before world war 1, all coinage was either 90% silver, or 92.5% silver.
       
      Britain cut its silver content after WW1 to 50% in all coins, and after world war 2, coins were base metals. We barely hung in there on the Gold standard, until we could no longer afford any standards at all!
       

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