Fiat currency devaluation
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Gold is good hedge against S&P 500, devaluation: Wells Fargo's Kwon
Youtube· 2025-10-24 05:04
Osang, I'm not going to ask you specifically about Ford, but there was a lot in what Phil was saying about tariff impacts, about labor. We get this delayed CPI report tomorrow and there are questions about uh inflation's continuing effects on the economy. What are you looking for in that report that's perhaps going to signal whether the market continues to hang in or whether there are pressure points to be concerned about.>> Yeah, I I mean I think CPI print tomorrow is going to be binary. Um, I do think the ...
Ray Dalio Warns Of 1970s-Style Currency Shock: All Fiat Money Will 'Go Down' As Gold Becomes 'Second Largest Reserve Currency' Behind The Dollar
Yahoo Finance· 2025-09-25 09:32
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Billionaire hedge fund manager Ray Dalio issued a stark warning regarding the current state of global currencies, drawing historical parallels to the 1930s and 1970s. All Fiat Currencies Will ‘Go Down Together’ On Tuesday, in a post on X, the founder of Bridgewater Associates said, “Gold is now the second largest reserve currency, behind the US dollar,” emphasizing a major shift in the global monetary ord ...