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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
