Here’s why the debasement trade is boosting bitcoin price more than gold price – StoneX’s Cincotta - Kitco

Source: Kitco

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DW NOTE

The Fed just raised rates into a war-induced supply shock, and bitcoin is outperforming gold. That tells you everything about what investors think央行 balance sheets are worth. Gold fell 19.3% from its January high while the deficit hit $1.9 trillion and oil supply collapsed by 5.7 million barrels per day — turns out people would rather own an asset governments can't print than one they merely haven't debased yet.

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