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What is LBMA certified gold?

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*Updated July 25, 2019 ~~~ What is LBMA certified gold? Actually, it’s more correct to say ‘LBMA accredited’ gold. LBMA accredited gold is of superb and tested quality and is recognized wordwide. ‘LBMA’ is an acronym and stands for the London Bullion Market Association. Located in London and established in 1987, LBMA is an international … [keep reading..]

What is a fiat currency? Definition, discussion and examples

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What is a fiat currency? First of all, fiat according to the Oxford dictionary, means a formal authorization or proposition. While currency is any form of money that is accepted as a medium of exchange and is currently in circulation. (See definitions of money and medium of exchange in the FAQ section at the bottom … [keep reading..]