Gold at $4,000: Is the ‘debasement trade’ about to flood BTC ETFs?
Gold pushed by $4,000 per ounce for the first time this week, validating a macro narrative that’s spilling into Bitcoin demand and positioning spot ETFs for document fourth-quarter flows. The “debasement commerce” entails traders shifting their holdings from fiat-denominated money and bonds into property that retain buying energy when authorities debt is high or forex…
