Examples of 'backed by gold' in a sentence
Meaning of "backed by gold"
The phrase 'backed by gold' indicates that something, such as a currency or financial instrument, is supported or guaranteed by a certain amount of gold reserves. It implies that the value or stability of the thing in question is linked to the presence or availability of gold as a tangible or reliable asset
How to use "backed by gold" in a sentence
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backed by gold
Because the dollar is no longer backed by gold.
It is not backed by gold or anything else.
Has intrinsic value because it is backed by gold.
Money is not backed by gold or any other substance.
It is not necessary that money be backed by gold.
The currencies were backed by gold and redeemable in gold on demand.
There was a time when currencies were backed by gold.
Not even backed by gold.
But all of this is unnecessary in a system backed by gold.
Not backed by gold or silver.
Every dollar used to be backed by gold or silver.
Backed by gold.
Money by definition must be backed by gold or silver.
A payment card backed by gold is extremely costly for the customer.
The money supply was backed by gold.
See also
Your money is not backed by gold or some other valuable substance.
It generally refers to paper money not backed by gold.
When paper money is backed by gold it also puts a clamp on inflation.
The difference is that they are not backed by gold.
DGCs are backed by gold through unallocated or allocated gold storage.
Our dollar bills used to be backed by gold or silver.
Backed by gold mine, the stocks are strong.
Our currency is not backed by gold.
New Ethereum token is backed by gold reserves guaranteed by Australian government.
Maybe if the new currency was backed by gold.
Unlike a flat currency, money backed by gold can not be created arbitrarily by government action.
It does not need to be backed by gold.
Lie no 10, Money is backed by gold or some other valuable commodity.
At least dollars are backed by gold.
In 1899, banknotes backed by gold deposits were issued in the same denominations.
National currencies were backed by gold.
It was not backed by gold.
The government prints a piece of paper which is not backed by gold.
The American dollar is not backed by gold or genuine resources.
Longer be taken at face value but were backed by gold.
He shows how any money, backed by gold or not, is a commodity.
A great many people think that paper money is still backed by gold.
Nothing is backed by Gold.
There was a certain amount of gold and a certain amount of paper money backed by gold.
They were not backed by gold.
Mark thinks of Bitcoin as a flat currency because it is not backed by gold.
A crypto-currency backed by gold reserves.
Now KBC is the most relevant cryptocurrency backed by gold.
Would you rather have something backed by gold or backed by the U.S. government?
The American dollar was originally backed by gold.
The new banknotes, known as chervonets, were backed by gold bullion and foreign reserves.
This will be the day that China announces its currency is backed by gold.
And it 's not backed by gold.
Now KaratGold Coin is the most relevant cryptocurrency backed by gold.
The cryptocurrency backed by gold.
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You backed me because you saw profit
Those allegations must be backed by concrete evidence
They backed off after the explosion
Examples of using Gold
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Black gold politics has existed forever
You will earn a gold star if you do
Gold wrote the scroll in squid ink
