Fiat Explosion & $81k Gold Price - US Sell Gold For Bitcoin? (Florida Wants Gold & Silver)

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Florida's CFO has launched a study to determine how to implement gold & silver as legal tender in the state. In January, Florida will be the next state to receive it's own official Goldback currency, and while the pursuit of sound money at the state level is a positive sign, we have a long way to go before we see any moves at the Federal level.

In fact, some lawmakers are calling for the liquidation of US Gold reserves, in order to purchase Bitcoin digital tokens. The reality is that even if we don't do anything that stupid, it would still take a gold price of $81,000/oz to back the enormous US fiat dollar supply with hard money.

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