Reported 3 days ago
Growing concerns over rising debt levels in major economies are driving investors towards safe-haven assets like gold, Bitcoin, and silver, while distancing themselves from major currencies. Recent political developments, such as Japan's new pro-stimulus leadership and ongoing issues in Europe, have fueled the appeal of alternative investments. Both gold and Bitcoin hit new highs, with analysts noting that these market trends represent a significant 'debasement trade' as alternatives gain momentum amidst fiscal uncertainty.
Source: YAHOO