Goldbug Governor: Ron DeSantis Blames Fed for Metal Valuation Surge
Ron DeSantis isn't surprised by the surge in gold and silver value, and he's blaming the Federal Reserve.
"The trajectory of gold (and silver) = investors lack confidence in fiat currencies. An indictment of the Fed,"
DeSantis posted on social media. Gold has reached a record price of over $4,200 an ounce, while silver topped $53 an ounce. As a proponent of commodities, DeSantis signed legislation making gold and silver legal tender, citing their ability to offer independence from devalued fiat currency.
"And it's something that is very likely to hold its value. Certainly compared to fiat currency,"
he remarked, highlighting the benefits of commodities over fiat currency.
Author's summary: DeSantis blames the Fed for the surge in gold and silver value.
- Gold price: over $4,200 an ounce
- Silver price: topped $53 an ounce