Quote of the week!

Good Day everyone!
I had been on a bit of a hiatus the last 5 days but I am back and ready to keep you updated on gold and silver news.
I would like to also extend an invitation for you to tell me what else you’d like for me to keep updated on or get more information on as. I know that there are more precious metals to consider and other forms of investments people enjoy knowing about.
So let me know down in the comments and I will incorporate updates on your requests.
Have a great day and be safe out there! – V
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
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 “But for too long, outdated regulations and unnecessary sales taxes have made it impractical for Floridians to enter the gold and silver market.”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
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