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Bacardi Gold Reserve was discontinued in 1997/98

Q: When was Bacardi gold reserve rum discontinued?

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Bacardi Gold Reserve was discontinued in 1997/98

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The US Federal Reserve has about 8000 Tonnes of Gold or about 282192000 ounces. At todays prices that is in the neigborhood of 270 billion dollars. {| |}

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gold reserve

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Because gold is cool

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All 1928 $20 Federal Reserve Notes carried the phrase "Redeemable in Gold", although they weren't gold certificates. There were also gold certificates with that denomination but they have gold seals and lack the words Federal Reserve Note.

Please see the question "What is the value of a 1928 US 20 dollar Federal Reserve Note?" for more information.

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Which of the following most accurately explain why commodity money has value

Why is the willingness to pay more for goods and services destructive to the nation's economy

Which of these does not describe representative money

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