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 Gold's Bullish Momentum: Setting the Stage for 2024 Amid Economic Uncertainties READ MORE Zimbabwe's State Miner Seeks $150M Investment to Boost Gold Production at Shamva READ MORE Growing Credit Card Debt: A Warning Sign for Investors READ MORE Analysts Predict Gold to Continue Climbing After Record Highs READ MORE JP Morgan Gold Traders Contempt for the Law, Plan to Appeal their Convictions READ MORE Add a Comment Cancel replyYour email address will not be published.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