00:00It's Benzinga bringing Wall Street to Main Street.
00:02Global fiscal strains are fueling a debasement trade as investors flee weakening major currencies
00:07for assets like Bitcoin, gold, and silver, according to Bloomberg. The end pledged 1.6%
00:12against the dollar after Japan's likely next prime minister, Sinead Takachi, pledged more
00:16stimulus. The dollar remains under pressure amid the ongoing U.S. government shutdown,
00:20while France's political tensions weigh on the euro. Gold at a record high and silver neared one,
00:25while Bitcoin hovered near its all-time peak. NLSA rising debt across the U.S., Japan, and Europe
00:30is driving demand for hedges against currency debasement, echoing patterns seen during the
00:34global financial crisis, and years of quantitative easing. For all things money, visit Benzinga.com.
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