UNITED STATES

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. _)*

U.S. Precious Metals, Inc.

(Name of Issuer)

Common Stock, par value $0.00001 per share

(Title of Class of Securities)

91239R-10-2

(CUSIP Number)

Arthur deWitt Ackerman

P.O. Box 1174

Tryon, NC 28782

(828) 859-2254

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

February 29, 2008

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7(b) for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D


CUSIP No. 91239R1027
1	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (entities only) Arthur deWitt Ackerman
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) &nb sp;			(a) o (b) o
3	SEC USE ONLY
4	SOURCE OF FUNDS (See Instructions) PF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o
6	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
Number of Shares Beneficially Owned by Each Reporting Person with		7	SOLE VOTING POWER 2,245,000
		8	SHARED VOTING POWER None
		9	SOLE DISPOSITIVE POWER 2,245,000
		10	SHARED DISPOSITIVE POWER None
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,445,000
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) o
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.047
14	TYPE OF REPORTING PERSON (See Instructions) IN

-2-


Item 1.	Security and Issuer
		Securities:	Common Stock, par value $0.00001 per share (“Common Stock”)
		Issuer:	U.S. Precious Metals, Inc.(“Company”)
			950 Celebration Boulevard, Suite A
			Celebration, FL 33547
Item 2.	Identity and Background.

(a), (b), (c) This Schedule 13D is filed by Arthur deWitt Ackerman referred to herein as the “Reporting Person”. The address of the Reporting Person is P.O. Box 1174, Tryon, NC 28782.

(d),(e) During the last five years, the Reporting Person has not (i) has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); or (ii) has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.


		(f)	USA
Item 3.	Source and Amount of Funds or Other Considerations

Mr. Arthur deWitt Ackerman used personal funds to acquire the shares reporting herein.


Item 4.	Purpose of Transaction

This Schedule 13D is filed after giving effect to the sales by Mr. Ackerman, on various dates from February 29, 2008 through July 22, 2008, of and aggregate of 493,026 shares of Common Stock in the open market transactions and at market prices. Such sale was made in order to provide greater liquidity to Mr. Ackerman’s person investment portfolio.

After giving effect to such transaction, Mr. Ackerman is the beneficial owner of an aggregate of 2,245,000 shares of Common Stock, constituting approximately 0.047 of the outstanding shares of Common Stock (the percentage of shares owned being based upon the 47,540,449 shares outstanding on June 23, 2008).

Subject to applicable legal requirements, the Reporting Person may purchase additional securities of the Company from time to time in open market or in private transactions, depending on their evaluation of the Company’s business, prospects and financial condition, the market for the Company’s securities, other developments concerning the Company, and general economic, money market and stock market conditions. In addition, depending upon the factors referred to above, the Reporting Person may dispose of all or a portion of their securities in the Company at any time. Each of the Reporting Person reserves the right to increase or decrease its holdings on such terms and at such times as each may decide.

Except as otherwise set forth in this Item 4, the Reporting Person has no present plans or prospects which relate to or would result in any of the actions described in parts (a) through (j) of Item 4 of Schedule 13D.

-3-


Date of Sale	Number of Shares Sold	Price per share

02/29/2008	10,000	.9420
02/29/2008	86,000	.9269
03/14/2008	5,000	0.6500
03/14/2008	7,500	0.1300
03/17/2008	5,000	1.1310
03/17/2008	2,350	0.1300
03/18/2008	5,000	1.1340
03/19/2008	10,000	1.2560
03/24/2008	1,000	1.2500
03/25/2008	7,000	1.2500
03/26/2008	5,000	1.2500
04/14/2008	28,500	0.9092
04/15/2008	7,500	0.9000
04/17/2008	12,500	0.8800
04/18/2008	2,500	0.8800
04/25/2008	8,500	0.6000
04/29/2008	10,000	0.6825
04/30/2008	10,000	0.6850
05/01/2008	5,000	0.7300
05/02/2008	14,676	0.6934
05/05/2008	5,000	0.6500
05/09/2008	5,000	0.7840
05/15/2008	5,000	0.7300
05/22/2008	15,000	0.6968
05/23/2008	10,000	0.7000
05/27/2008	2,500	0.7100
05/28/2008	5,000	0.7100
05/29/2008	2,500	0.7100
07/08/2008	54,800	0.8726
07/09/2008	14,000	0.86.08
07/10/2008	5,000	0.8600
07/11/2008	4,500	0.8500
07/21/2008	22,800	0.9534
07/22/2008	98,900	0.8527
	493,026

-4-


Item 5.	Interest in Securities of the Issuer.

(a), (b) The aggregate number of shares of Common Stock to which this Schedule 13D relates is 2,445,000 shares representing 0.047% of the approximately 47,540,499 shares of Common Stock outstanding as of June 23, 2008.

(d) Not Applicable.

(e) Not Applicable.


Item 6.	Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this Statement is true, complete and correct.



Dated: August 18, 2008
/s/ .
Arthur deWitt Ackerman

-5-