Why gold-backed debit cards are gaining customers

By Daniel Liberto Associated Press Moneywise via Yahoo News, Sunnyvale, California Friday, April 17, 2026 Gold's surge to record highs isn't just boosting investor portfolios. It is helping to turn the metal into a form of everyday money you can use to pay for everyday goods and services. Technology now allows consumers to spend gold with a debit card, converting small amounts into cash at the point of purchase. The concept isn't new, but as inflation continues to bite and the value of gold rockets, state legislatures and a growing group of fintech platforms are increasingly throwing their weight behind it. ... Dispatch continues below ... ... ADVERTISEMENT ... Are you ready to safeguard your assets using precious metals? Hero Bullion is a precious metals dealer with an extensive inventory of competitively priced gold, silver, and platinum products. We didn't get into this business just to sell metals. Our goal is to educate investors to help them make sounder financial decisions. For four years we have focused on educational resources, competitive prices, and reliable, secure shipping. Check out our reviews. Hero Bullion is quickly becoming a favorite of customers all over the country. We're committed to helping you cut through the hype and build your portfolio with high-quality, affordable precious metals. Visit us here: www.herobullion.com Hero Bullion: Gold and silver simply delivered The pitch is simple: while rising prices erode the value of traditional money, gold, which has long been viewed as a hedge against inflation, keeps up and even grows in worth. But not everyone is convinced that gold-backed payment systems are a good thing. Critics question who benefits and warn that fees, taxes and other frictions could limit their appeal. Gold-backed debit cards allow users to spend gold as if it were cash. Instead of holding a balance in dollars, users hold physical gold — typically stored in secure vaults. When they make a purchase, a small portion of that gold is instantly sold and converted into currency to complete the transaction. ... ... For the remainder of the report: https://finance.yahoo.com/markets/commodities/articles/gold-rush-why-gold-backed-215500522.html * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png