• Ray Dalio has warned that the U.S. dollar’s status as the global reserve currency is in danger, something that could benefit gold.
  • The price of gold will be one of the primary beneficiaries of the dollar’s decline, with some analysts predicting a near-term level of $2,500 or even $3,000.
  • Dalio also warns the Fed could get locked into a debt-purchasing spiral, as it buys bonds abandoned by investors attracted by rising equity and gold prices.

Original article published on CCN website. To read click here>>

Leave a Reply

Your email address will not be published.