3 hours ago
Ray Dalio: U.S. Dollar Decline Boosts Bitcoin and Gold as Alternative Currencies
TLDR Ray Dalio warns that the U.S. Dollar’s reserve currency status is declining due to mounting debt Bitcoin and cryptocurrencies are emerging as alternative stores of value alongside gold Gold has surged past $3,600/oz, up 33% this year, outperforming the S&P 500 by 3.5x Dalio recommends allocating about 15% of investment portfolios to Bitcoin or [...]
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