With fiscal deficits ballooning and inflation proving stubborn, the return of gold as legal tender in Florida isnt just symbolic — it signals a deeper unease with fiat stability.

Personally, Ive always viewed gold as a strategic anchor in my portfolio, not just a trade. Whats changed now is the institutional momentum: central banks are buying, states are legislating, and sentiment is shifting from “safe haven” to “alternative system.”

🧠 My take? If the Fed keeps rates higher-for-longer and the USD erodes further, Goldmans $3,700 call by end-2025 isnt far-fetched. Ive been averaging into physical gold and $SPDR Gold Shares(GLD)$   on dips — and Im eyeing gold miners next.

But Im cautious about the hype too. gold's strength hinges on real rates, and if disinflation resumes, we could see near-term pullbacks.

📌 Would I support Florida’s gold standard move? As a thought experiment, yes. As policy? Too early. But it tells me the markets getting serious about monetary alternatives.