Gold, silver surge as Treasury fans embers of dollar debasement trade - FOREX.com
Gold, silver surge as Treasury fans embers of dollar debasement trade - FOREX.com
Source: FOREX.com
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DW NOTE
The Treasury market is now pricing gold as a hedge against U.S. fiscal policy — not inflation, not rates, but the credibility of the currency itself. Gold is up 5.6% this week while the Strait of Hormuz remains shut and oil sits 20% below recent highs. The debasement trade isn't speculative anymore; it's structural.