Gold, Bitcoin Surge on Concerns Over Global Debt Pile
11 Articles
11 Articles
Gold, Bitcoin surge on concerns over global debt pile
Growing fiscal concerns in some of the world’s biggest economies are adding momentum to a so-called “debasement trade,” as investors flock to the perceived safety of Bitcoin, gold and silver while pulling away from major currencies.
Midday Stock Exchange: Gold and Bitcoin at Record High – "the Fear of Sovereign Debt Is Taking Hold"
Both Gold and Bitcoin have reached new highs. Portfolio manager Ascan Iredi explains in conversation with Katja Losch why this is so – and whether it is still worth getting started.
Bitcoin and Gold Surge as Global Debt Builds Unstoppable Momentum
As markets grapple with mounting debt burdens across major economies, gold and Bitcoin are posting impressive gains, drawing investors away from traditional currencies like the US dollar and Japanese yen. Gold hit a new record high this Monday, while Bitcoin lingers close to its weekend peak, reflecting a broader shift toward assets seen as shields against fiscal instability. In Japan, the yen dropped 1.6% against the dollar following Sanae Taka…
Rising fiscal risks in leading economies are supporting investor reorientation towards Bitcoin, gold and silver.
Gold, Bitcoin Surge on Concerns Over Global Debt Pile
Growing fiscal concerns in some of the world’s biggest economies are adding momentum to a so-called “debasement trade,” as investors flock to the perceived safety of Bitcoin, gold and silver while pulling away from major currencies.
LINZ. Growing mistrust of government bonds - Bitcoin also benefits from it
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