Goldbug Governor: Ron DeSantis Blames Fed for Metal Valuation Surge
Ron DeSantis isn't surprised by the surge in gold and silver values, 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 reached a record price of over $4,200 an ounce, while silver topped $53 an ounce. DeSantis, who signed legislation making gold and silver legal tender, believes commodities offer independence from fiat currency devalued by the federal government.
"And it's something that is very likely to hold its value. Certainly compared to fiat currency,"
he remarked. DeSantis' contrarian economic analysis continues to gain attention.
Author's summary: DeSantis blames the Fed for gold and silver surge.