How Warsh Sank the Debasement Trade

Bloomberg Markets Thursday 25 June 2026, 04:14 UTC By John Authers 1 min read

Key Points

How Warsh Sank the Debasement Trade It’s on its last legs, while Micron is showing that there’s still some life left in chips. To get John Authers’ newsletter delivered directly to your inbox, sign up here. Precious metals’ remarkable rally to start this year seems very distant. Gold has given up all its gains and is now down by about 8%. Wednesday saw it drop below $4,000 per ounce for the first time in eight months. [Image text:] uicore FEINGOLD

the Debasement Trade (ORG) Micron (ORG) John Authers’ (PERSON)

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How Warsh Sank the Debasement Trade

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