It is the act of applying goldbond (as well as adding water) to one's nutsack, which provides the sensation of a thousand winter elves blowing snow all over your testicles.
It has also been compared to spearmint for the genitalia
After a hearty dinner, me and my posse went goldbonding. Though it kind of stung at first, it really got my dance on.
A combination of a banned enhanced interrogation technique and the very specific fetish of having a paid sex worker urinate upon you.
Goldboarding occurs when the paid sex worker restrains the "John" and then places their used underwear upon the "John's" face. The sex worker then proceeds to urinate upon the "John's" face as though he was being waterboarded.