Zero Sum
Market News: The return of the "debasement trade" | Alexander Lis, SDV
23:21
What happens when a routine Treasury debt operation sends gold and Bitcoin higher, while the dollar weakens? Is the market seeing a genuine return of the “debasement trade”, or are investors reading too much into a change in how the US government manages its debt?On August 19, the US Treasury announced it would double the size of its long-term debt buybacks. Within days, gold was making…