The last few months have seen gold soar to record highs above $4,000 amid the so-called “debasement trade,” with investors flocking to the perceived safety of alternates while pulling away from major currencies. It’s a monetary regime change – if market participants are trading anything it’s getting rid of a fiat currency (“it’s the denominator, stupid”) for a store of value – and we’re seeing it in spades with Bitcoin and gold: However, quietly on the side, silver has been outperforming gold... {chart} Citadel's Ken Griffin said investors are starting to view gold as a safer asset than the dollar, a development ... (full story)