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Gold, silver surge as Treasury fans embers of dollar debasement trade - FOREX.com

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DW NOTE

The Treasury isn't fanning embers — it's pouring lighter fluid on a bonfire it lit itself. The federal government just raised the debt ceiling by $5 trillion in May and is running a $1.9 trillion deficit this year, roughly 6% of GDP, while the Fed holds rates flat with inflation well above target. Gold is up 13% in a month not because traders are speculating on debasement, but because debasement is the stated policy.

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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

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Gold, silver surge as Treasury fans embers of dollar debasement trade - FOREX.com

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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

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