When you put gold bond on your balls in order to prevent chaffing and/or major ball sweat, but instead of doing its job, the powdery gold bond mixeds with your ball sweat and forms a thick, cake-like substance.
Bob:"Damn Dude, my balls are sweating so bad man."
Bill:"I know dude, I have some major gold-bond cake going on right now!"
Bill:"I know dude, I have some major gold-bond cake going on right now!"
by AmikeL ErotchX September 15, 2010