Gold and Bitcoin are experiencing significant surges as part of what is being termed the 'debasement trade.' JPMorgan analysts have highlighted that the ongoing U.S. elections and global geopolitical instability are driving investors towards these assets as safe havens. The CME Bitcoin futures have seen a notable increase, rising from 10,000 contracts. Peter Schiff and other market analysts suggest that gold is just beginning its upward trend. The 'debasement trade' reflects growing concerns over currency value erosion, prompting a shift towards gold and Bitcoin. Gold is trading under symbols $GLD and $XAUUSD.