Apothecaries' system measure precious metals and stones. (The troy pound was already declared illegal for most other uses by the Weights and Measures Act of 1878.) In the US, the metric system replaced the apothecaries' system in the United States Pharmacopoeia of 1971. Apothecaries' system The apothecaries' system or apothecaries' weights and measures is a historical system of mass and volume units that were used by physicians and apothecaries for medical recipes, and also sometimes by scientists. The English version of the system is closely related to the English troy system of weights, the pound and grain being exactly the same in
Gold IRA Savings Plan (TSP), and 401(k)s. The four precious metals allowed to be held in an individual retirement account are gold, silver, platinum and palladium, provided they are in the form of IRS-approved coin or bar products. Since gold is the most commonly purchased of the four, the overarching term "gold IRA" is used most often as industry slang to mean a retirement account containing any combination of precious metals. Other terms such as, "precious metals IRA", "silver IRA", "platinum IRA", or "palladium IRA" are also frequently used. Investors often use precious metals as a long-term hedge against inflation, to diversify