Gold quote of the day!
Gold is no longer and investment. Gold is no longer a portfolio item. Gold is certainly not a trading vehicle. Gold is your lifeline and I mean that literally.
Jim Sinclair
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Gold and Silver to be legal tender in Florida
Gov. Ron DeSantis signed a bill on Tuesday that would recognize gold and silver as legal tender in the state, paving a path for Floridians to use the commodities in payment transactions.
The bill, HB 999, starts the process of allowing government or private entities, such as businesses, to voluntarily accept gold and silver as a form of debt payment. The bill also outlines sales tax exemptions on the purchase of the precious metals if they meet the purity requirements or if the sale of the gold or silver exceeds $500.
HB 999 is set to go into effect on July 1, 2026, if the Florida Legislature ratifies the rules to implement the bill before then.
“Florida stands firmly for freedom, economic self-determination, and resistance to government overreach,” the governor said. “But for too long, outdated regulations and unnecessary sales taxes have made it impractical for Floridians to enter the gold and silver market.”
Source – Business Insider
I was out sick!
Good Morning all!
I was recently out sick for almost 6 days and it was not fun at all. I am much better now and ready to get back to the latest on silver, gold and other precious metals.
Please if you have any suggestions on how I may improve my site please leave feedback here in the comments!
Have a great day and the rest of the week! Thank you for stopping by!
-V
Gold / News / Uncategorized
Gold up 170% in first quarter
Gold prices have steadied after surging to a record high amid early signs of consolidation following the rally built on fears around U.S. President Donald Trump’s trade policies.
The precious metal eased to close at $3,287.72 an ounce on Wednesday, down 6.1% from the all-time peak of $3,500.05 hit on April 22.
Total gold investment flows sky-rocketed by 170% in the first quarter of 2025 from the same period a year earlier, reaching 552 metric tons, the highest since the first quarter in 2022, the WGC said in its report on Wednesday.
Source – Reuters
Happy New Year! Welcome 2025!
Today marks the start of new beginnings for many, a milestone for some and and just another year down for all.
I hope you enjoyed your last day of 2024 as we embark on this journey together learning more on precious metals and how it can benefit you in the long run.
Now that 2024 is in the rear view mirror let’s look forward not back, reach out goals and have our future selves be proud of the choices we make this year in 2025.
Quote for this New Year!
May every decision you make in 2025 lead to growth and fulfillment.
Have a great year everyone come what may and be grateful for everyday! 🎆🎇
-Victoria