In a move that echoes America’s monetary roots and signals a broader shift in financial thinking, Florida has joined a growing list of states taking gold and silver seriously again. On May 28, 2025, Governor Ron DeSantis signed HB 999, a bill that will eventually recognize gold and silver as legal tender and remove sales tax on qualifying precious metal transactions.

Under the bill, which goes into effect on July 1, 2026, pending legislative ratification, Floridians will be able to conduct transactions using gold and silver coins that meet specific purity standards. “You’re going to be able to conduct transactions,” DeSantis said during the signing in Apopka, calling Florida “the largest state” to advance such a policy.

This is more than symbolic—it’s a real, tangible pushback against economic instability, inflation, and centralized control.

Florida Joins a Growing Movement

Florida isn’t acting alone. Utah, which passed landmark legislation this year allowing state vendors to be paid in precious metals, has pioneered the integration of sound money into modern government operations. Through a precious metals-backed electronic payment platform, Utah is offering its citizens the option to transact in gold and silver—backed by secure, audited storage and full state-level support.

Other states including Texas, Missouri, Tennessee, and Arkansas are either exploring or enacting similar legislation. The goal? Restore financial sovereignty, protect purchasing power, and give citizens a choice in how they store and use their wealth.

Why This Matters Now: The Case for Diversification

We’re living in a time of economic uncertainty:

• Inflation continues to eat away at dollar-based savings

• U.S. debt is at record highs, with no meaningful plan to reverse course

• CBDCs (Central Bank Digital Currencies) raise concerns about surveillance and loss of personal control over money

• And globally, BRICS+ nations are pushing for dedollarization, favoring gold and local currencies over the U.S. dollar

In this environment, diversification is no longer just a financial strategy—it’s a survival tactic. Gold and silver offer a proven hedge against inflation, currency devaluation, and systemic risk.

Recognizing precious metals as legal tender and removing tax barriers is a crucial step toward empowering individuals to make safer, more resilient financial choices.

A Constitutional & Historical Foundation

The U.S. Constitution (Article I, Section 10) explicitly allows states to recognize gold and silver as legal tender—and many are finally dusting off that clause to reintroduce monetary options rooted in real, tangible value.

Historically, gold served as money in the U.S. for more than 150 years until tax and policy changes pushed it into the background. But as the fiat dollar loses credibility, many are revisiting gold not just as an investment, but as a medium of exchange—one immune to government printing and market manipulation.

Experts Are Paying Attention

Utah’s legislation received support from former Federal Reserve Vice Chair Randal Quarles and former Citigroup and American Express CFO Gary Crittenden, who praised the move for offering citizens greater financial autonomy.

Their backing reflects a growing sentiment among economists and financial experts: Gold remains a critical part of a diversified and stable portfolio—and perhaps, a more stable future.

The Bottom Line: We’re Witnessing a Financial Recalibration

Florida’s bill may seem like a small step, but it’s part of a much larger recalibration. One where centralized fiat systems are losing public trust—and where people are turning back to assets that don’t rely on political promises to retain value.

As more states adopt these policies and modernize the way gold and silver can be used and stored (like Utah’s digital precious metal platform), we may be witnessing the beginning of a parallel monetary system—one that honors choice, privacy, and real value.

Are you prepared for that shift?

If you’re looking to protect your savings from inflation, diversify your retirement strategy, or simply gain more control over your financial future, now is the time to learn about precious metals.

The dollar is losing purchasing power—but gold and silver aren’t going anywhere.