Federal Deposite Company

For those readers not familiar with the FDIC, their mission, according to their website, is to preserve and promote public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $100,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.

Federal Deposit Insurance Company is Sponsor to the following Assets

Home Depot	Nickeldeon	KVTT	Harley Davidson
Credit Repair	RefTek	American Express	Disney

Federal Deposite Company

The FDIC ad features a photo of the $100,000 Series 1934 Gold Certificate featuring the portrait of President Wilson, the largest denomination of currency ever printed by the Bureau of Engraving and Printing. Nothing more comforting than seeing the words, insuring and protecting, next to the image of a U.S. gold certificate with the phrase, one hundred thousand dollars in gold payable to bearer on demand as authorized by law. Too bad those dollars sitting in banks across the United States have not been backed by the precious metal since 1971, when President Nixon abandoned the Bretton Woods Agreement and effectively took the U.S. off the gold standard. As the U.S Treasury says on its website:

Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything.