Ron DeSantis Blames Dollar Instability As Silver Hits Record Highs: If The US Had A 'Stable Currency' Silver Wouldn't Set New Records

Florida Gov. Ron DeSantis (R) criticized U.S. monetary argumentation connected Friday, attributing silver’s historical surge past $103 per ounce to cardinal instability successful the dollar.

“If the US really had a unchangeable currency you wouldn’t spot metallic mounting caller records,” DeSantis wrote connected X, responding to information from Barchart showing metallic deed $103 for the archetypal clip successful history.

At the clip Santos posted, the March 2026 metallic futures declaration (SIH26) reached $103.405, up 7.3%.

If the US really had a unchangeable currency you wouldn't spot metallic mounting caller records. https://t.co/sTplzeT4xk

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The connection aligns with DeSantis’s broader monetary argumentation stance.

He signed authorities successful 2025 making golden and metallic ineligible tender successful Florida, effectual July 1, and exempting some metals from income tax.

Earlier, billionaire hedge money manager Kenneth Griffin expressed concerns astir a surge successful precious metals and astir investors seeking ways to ‘effectively de-dollarize oregon derisk their portfolios vis-a-vis US sovereign risk,’ portion golden advocator Peter Schiff said the dollar's diminution would continue, with precious metals perchance reaching $5,000 to $10,000 per ounce.

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On Friday, March 2026 metallic futures closed astatine $101.33, up 5.15% connected the time and 9.73% implicit the past 5 days, with a 52-week scope of $29.62 to $103.53.

On Friday, precious metals ETFs saw important gains, with SPDR Gold Trust (NYSE:GLD) up 1.37%, US Global GO GOLD and Precious Metal Miners ETF (NYSE:GOAU) up 1.82%, and abrdn Physical Silver Shares ETF (NYSE:SIVR) up 6.64%.

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Photo Courtesy: Andrew Cline connected Shutterstock.com

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This nonfiction Ron DeSantis Blames Dollar Instability As Silver Hits Record Highs: If The US Had A 'Stable Currency' Silver Wouldn't Set New Records primitively appeared connected Benzinga.com