The Best Precious Metals ETFs to Buy in 2026

Bitcoin proponents often describe the cryptocurrency as “digital gold” and a hedge against currency debasement. In practice, its recent behavior has looked much different, more like a speculative risk asset. Bitcoin finished 2025 down more than 6% and has continued to slide in 2026, even as concerns around fiat currency debasement remain front and center. The so-called “debasement trade” refers to the gradual loss of purchasing power in fiat currencies as governments rely on monetary expansion, rising debt and fiscal intervention. This trend can be seen over both long and short time horizons. Over the long term, Bloomberg Intelligence data…