Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🔥GOLD SILVER - ALERT!🔥 Florida Shocks the Federal Reserve!... (Silver Price and Gold)

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🔥GOLD SILVER - ALERT!🔥 Florida Shocks the Federal Reserve!... (Silver Price and Gold) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

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  Big Silver and Gold news out of Florida where the state CFO has
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  initiated a major study to examine using gold and silver as
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  legal tender in Florida. The reason why we want to pay
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  attention to this are several fold #1 Florida is one of the
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  biggest economies in the United States of America #2 as a silver
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  and gold stacker. We want to see this legislation
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  move forward in more and more states.
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  And Florida, as one of the most innovative states in the United
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  States, could help pave the way for gold and silver in more and
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  more states, possibly your state, to be used as legal
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  tender. It will only further the cause
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  of gold and silver. It will only further the cause
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  of real money. Let's dig into this article and
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  see what's happening right now in Florida because there's a lot
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  to talk about. Florida CFO Jimmy Petronas
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  initiates a study on gold and silver as legal tender in
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  Florida. There's our friend Jimmy.
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  Thank you Jimmy from Tallahassee, FL The Florida
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  Chief Financial Officer, Jimmy Petronas, announced the launch
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  of a study to assess whether gold and silver bullion could be
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  used as legal tender in the state in green.
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  Currently, the metals are only available for investment in
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  Florida, not for purchasing goods and services.
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  Quote. This is an exciting initiative
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  that has the potential for enormous growth in our state,
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  Patronus said. Gold and silver have been
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  trusted assets for thousands of years and it makes perfect sense
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  to use them as legal tender. Here we have the CFO of Florida
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  realizing, recognizing that gold and silver have been trusted
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  assets for thousands of years, not just that Jimmy, but they've
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  been trusted everywhere, on every square inch of planet
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  Earth, he said. I'm watching this study to
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  determine the best way to get it done.
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  The study, managed by the Florida Department of Financial
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  Services under Patronus Oversight, aims to assess how
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  physical gold and silver in forms such as bars, ingots and
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  coins, could function as currency.
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  This move could offer Floridians an alternative to the Federal
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  Reserve Notes, pledging a hedge against inflation and potential
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  devaluation of the US dollar, according to Patronus office.
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  Patronus emphasized the potential benefits of using gold
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  and silver as currency, noting their value tends to rise when
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  the dollar's value declines. And we know, we know since 1971,
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  when President Nixon temporarily took us off the gold standard,
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  that the dollar's value has declined by 88% plus against the
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  value of gold. That makes them a potential
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  hedge against inflation. He also suggested making the
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  metals legal tender could create competition with a future
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  central bank, digital currency, or CBDC, and help protect
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  against financial practices like the banking where Americans are
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  excluded from the financial system for political reasons.
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  In yellow, he says. I've also included in the
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  framework of the study that gold and silver cannot be taxed as
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  property for the purpose of using them as money.
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  Again, this whole idea of a capital gains tax on gold and
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  silver is absolutely absurd. That be like you paying a tax if
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  you went to your bank and wanted to break $100 bill into $520
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  bills in red. Families and businesses don't
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  need higher taxes. They need innovative solutions
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  to help them grow. This proposal not only does
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  that, but it would also result in protections against monetary
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  failures and abuses like the Biden Harris inflation nightmare
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  and attacks on Floridians financial freedoms in green.
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  Key tax exemptions proposed by Petronas include gold and silver
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  will not be considered personal property for state taxation.
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  Gold and silver are money and the Florida CFO is recognizing
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  this. Transactions involving the
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  purchase or sale of bullion will not incur state tax liability.
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  No sales tax period on silver and gold and exchanges between
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  forms of legal tender will also be free from state tax
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  liability. The study will also examine more
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  practical details, including the regulatory changes required to
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  make gold and silver usable in Florida.
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  It will explore private efforts to create electronic currencies
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  backed by physical metals. We have these sprouting up
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  everywhere. Asset backed digital currencies,
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  right? Tokenized gold.
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  But the critical thing is that it's regulated and audited, and
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  1:00 percent backed by real gold and real and real physical
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  silver. Assess the feasibility of using
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  these metals to pay for state and local taxes, fees, and
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  debts, and review examples of using gold and silver as a
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  currency in the United States, including state specific
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  applications. Hey guys, if you want to get
• 5:41
  your hands on some gold or silver right now, please check
• 5:45
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• 5:48
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• 5:52
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• 5:56
  competitive prices. Shop around, find out for
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  yourself, and most importantly, it's a company you can trust.
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  So whether you're joining us from Florida, where we're
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  getting some incredible good news about what to expect,
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  Florida's massive guys. That's why we want to pay
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  attention. And as this, as this wave of
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  legal tender gold and silver legislation continues to sweep
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  the United States, it will will only, only be a good thing for
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  those of us who've already taken steps to protect ourselves by
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  making investments into precious metals.
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  We'll keep a close eye on what's going on in Florida.
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  I'll be keeping a close eye on you.
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  Thank you for joining me today here in the basement.
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  I'll look forward to seeing you next time.