> For the complete documentation index, see [llms.txt](https://bccx.gitbook.io/bccx/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bccx.gitbook.io/bccx/bccx-monetary-system-and-exchange-features/bccx-precious-metals-system-pms.md).

# BCCX Precious Metals System (PMS)

The BCCX Precious Metals System (PMS) is the beating heart of the bullion backed monetary system being pioneered by BCCX.

To the users of the system, this will effectively serve as a bullion bank providing a unified interface to mint, manage savings, payments, remittances and move money.

**BCCX PMS turns gold from a "barbarous relic" to a yield bearing asset - changing its very nature as an asset class!** 

**The importance of this cannot be overstated and is a key part of BCCX's vision to put gold & silver on an equal footing with government bonds as a yield bearing safe haven asset!**

A yield means gold can be valued using Net Present Value (NPV) valuation which should create extremely interesting effects in how gold is priced and traded.


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