- 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.
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