Gold could reach $5,000 if investors revive this favored strategy.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 07 2025
0mins
Source: MarketWatch
Current Gold Prices: Gold prices have recently reached record highs, maintaining momentum from a significant rally earlier this year.
Debasement Trade: The ongoing "slow-burn debasement trade" is a key factor in gold's performance, driven by concerns over government deficits, rising interest costs, and the monetization of debt.
Investor Behavior: Investors are increasingly exchanging fiat currencies, such as the dollar, for alternative assets like gold and bitcoin as a hedge against economic instability.
Expert Insight: Stephen Innes, managing partner at SPI Asset Management, emphasizes that the long-term outlook for gold remains strong due to these economic concerns.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
