Gold and Bitcoin Rally: JPMorgan Predicts Continued 'Debasement Trade' JPMorgan analysts suggest that the recent surge in gold and bitcoin prices is driven by a “debasement trade,” reflecting concerns about geopolitical uncertainty, inflation, government deficits, and waning confidence in fiat currencies. This trend may continue due to rising geopolitical tensions and the upcoming U.S. election, with a potential Trump victory potentially reinforcing the debasement trade through regulatory changes, tariffs, and expansionary fiscal policy. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts What Is the London Fix Price? READ MORE BullionStar Financials FY 2022 – Year in Review READ MORE U.S. Credit Card Debt Hits Unprecedented $1.13 Trillion, Fed Report Reveals READ MORE Gold Prices Hit Fresh Record Highs READ MORE Bank of America Increases Minimum Wage to $24, Aiming for $25 by 2025 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment