Is the ‘debasement trade’ over? Where is gold headed next
Gold has crossed $4,400 an ounce, silver is at record highs, and central banks are buying bullion faster than at any time since the 1950s. Traders call it the debasement trade. The idea is that major currencies, especially the dollar, are losing their power. And when the world’s reserve currency is losing power, only a […]
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