Billionaire Ray Dalio Says Global Monetary System Breaking Down as Gold Soars

TLDR Bridgewater Associates founder Ray Dalio says global monetary system is breaking down at World Economic Forum Gold hit record high of $2,689.39 on Tuesday, beat all major markets in 2024 including technology stocks Dalio warns countries may stop buying US debt and Treasury bonds as trust erodes between nations The hedge fund billionaire recommends [...]

The post Billionaire Ray Dalio Says Global Monetary System Breaking Down as Gold Soars appeared first on Blockonomi.