Gold and Bitcoin Soar Amid Dollar Weakness and Debasement Concerns
Growing fiscal concerns in major economies like the US, Japan, and Europe are driving investors toward safe-haven assets such as gold, silver, and Bitcoin, which are reaching new highs. Political uncertainties and increasing debt levels are fueling a 'debasement trade,' leading to a decline in major currencies and a rally in alternative assets, with gold and Bitcoin hitting record levels against the Japanese yen and other currencies.