Go Nuclear
... expand on news story quote, "gold gained 24% over the past five months as it benefited from the so-called debasement trade" Gold has gained 24% over the past five months, driven primarily by the "debasement trade" — a market trend where investors shift capital from fiat currencies and bonds into hard assets like gold to hedge against fears of currency devaluation, rising government debt, and persistent inflation. This trade is fueled by concerns that central banks may continue expanding the money supply through policies like Quantitative Easing (QE) to finance growing fiscal deficits, eroding the purchasing power of fiat currencies. As real interest rates remain low or negative, gold becomes more attractive as a store of value. Key drivers include: - Rising government debt levels, such as the Netherlands’ projected debt-to-GDP ratio of 126% by 2060. - Persistent inflation and money supply growth, especially following pandemic-era stimulus. - Geopolitical ten...