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Investors turn to gold, bitcoin, and stocks as protection against currency debasement and ballooning government debt

Ellsworth Toohey
Oct 09, 2025
∙ Paid

PrachPhoto/shutterstock.com

Investors are buying gold, bitcoin, and shares in what’s being called the “debasement trade” — a strategy driven by concerns about government debt, currency weakness, and central bank independence.

The debasement trade refers to investors moving away from fiat currencies like the dollar toward “harder” assets that might protect…

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