-
Bitcoin, Gold, and Silver Surge as 'Run it Hot' Policies Fuel Flight to Safety
Gold futures (GC=F) neared $4,000 per troy ounce on Monday to touch a fresh record, while silver futures (SI=F) also jumped to $48.50 per ounce, less than two dollars away from a 1980 intraday high. Meanwhile, bitcoin jumped about 2% to touch a fresh record north of $125,790 per token. The market action highlighted the so-called "debasement trade," which refers to investors shifting into assets to guard against what they see as the erosion of fiat currencies' value from inflation, heavy government spending, and mounting debt financed by money creation. Over the weekend, JPMorgan analysts noted the rise in precious ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From fxdailyreport.com | Oct 6, 2025
Bitcoins ($BTC) spot volume is recording a huge resurgence while its price is achieving new all-time high (ATHs). The growing spot Bitcoin ($BTC) volume across all exchanges signals a renewed enthusiasm among investors. As the popular on-chain analytics firm, Glassnode, revealed on social media, this spot volume growth is central to preventing momentum ...
NEW FRENCH PM LECORNU HAS PRESENTED HIS RESIGNATION TO MACRON - BFM TV CITING ELYSEE ELYSEE: MACRON HAS ACCEPTED RESIGNATION OF PM LECORNU
From finance.yahoo.com | Oct 6, 2025
Bitcoin set a fresh record on Sunday for the first time since mid-August, as the US government shutdown drove investors to safe-haven assets in a migration dubbed the debasement trade. The largest digital asset climbed to $125,689 over the weekend, according to data compiled by Bloomberg. It remained in touching distance of its all-time high on Monday in ...