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.
de PrincessBowzer 26 avril 2009
When 2 homosexual men pour powder on their junks and rub them together.
Lance said to Stephan, "I want to certify our love with some Gold Bonding."
de jsexy76 14 décembre 2011
When 2 gay men pour powder on their junk and rub them together.
Lance and Stephan were not ashamed when caught gold bonding.
de jsexy76 14 décembre 2011

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