Bitcoin, gold, and silver surge as 'run it hot' policies fuel flight to safety

Gold (GC=F), silver (SI=F), and bitcoin (BTC-USD) surged on Monday as investors sought a hedge against rising debt and political uncertainty in developed markets. Gold futures (GC=F) neared $4,000 per troy ounce on Monday to touch a fresh record, while silver futures (SI=F) also jumped to $48.50 per ounce, less than two dollars away from a 1980 intraday high. Meanwhile, bitcoin jumped about 2% to touch a fresh record north of $125,790 per token. The market action highlighted the so-called "debasement tra ...