Ray Dalio’s Dollar Warning Suggests Gold Price Will Surge
Ray Dalio has warned that the U.S. dollar’s status as the global reserve currency is in danger, something that could benefit gold.
Simon Chandler September 16, 2020
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 U.S. dollar is nearing a two-year low, which some see as the start of a longer trend. Whatever the trend, investors can profit.
The U.S. dollar index has declined more than 6% since June 30, as investors remain bearish. For gold investors, that good news.
Strategists have expressed skepticism towards the Fed’s new inflation-targeting policy and its potential effect on the U.S. dollar.
The Dow Jones rallied to close the week, as investors ignored mass corporate layoffs in favor of a weaker U.S. dollar.
The Dow Jones Industrial Average opened at more than six-month highs, as Fed intervention spurs another rally in equities.
The Dow fell and gold rallied on Tuesday, as investors continue to favor haven plays amid declining real yields.
Fears of a dollar collapse appear to be overstated, according to new data from the Fed. How will this impact gold?
Gold prices have soared beyond all-time highs. A falling dollar has fueled the rally so far and will continue to do so in years to come.
China and Russia are ditching the U.S. dollar at a faster pace. In the process, they are fueling the record rally in gold.
Gold is up 30% year-to-date, which is hardly surprising given the current macroeconomic backdrop.
The Fed has pushed back the planned closing date for its stimulus measures. That tells us the economy is in worse shape than stocks suggest.
Richard Bernstein expects stocks to undergo a rough period in the near-term. A fading dollar, he argues, could benefit gold.
Spot gold is about to reach record highs in the dollar, after already hitting new peaks in other major currencies.
Dow futures reversed losses Wednesday night, but gains were limited as investors navigated a minefield of dismal economic data and corporate earnings.
Expectations of a dollar drop are rising, with analysts claiming its meteoric rise is unsustainable amid huge Federal Reserve stimulus and other pressures.
Futures on the Dow and broader U.S. stock market tumbled Wednesday night, as demand for dollars pushed the greenback to multi-year highs.
Gold is getting clobbered amid the wider market sell off. Don’t listen to the gold bugs. The yellow metal isn’t a safe haven.
The Dow Jones rallied on Friday as Boeing (NYSE: BA) stock firmed and the euro rose, crushing the US dollar as bullish 2020 forecasts swirl.
Gold’s price rose sharply on Tuesday, as investors dumped risk assets in favor of precious metals and U.S. government bonds.
Gold plunged 1.5% on Tuesday as risk-off assets suffered. U.S. services PMI improved more than expected in October, according to the Institute for Supply Management.
Nearly one-third of Americans falsely believe that the US dollar is backed by gold, and 70% don’t know what is backing it. That’s just the
Since hitting three-month lows in mid-October, the U.S. dollar has appreciated 1.4%. The greenback is likely to outperform most of its peers through the end
The world is facing a crisis that makes the U.S.-China trade war nothing but a distraction. If you find this hard to believe, just look
A wild night in currency markets saw the United States dollar weaken as China appears prepared to offer Donald Trump a trade war olive branch
The price of gold tumbled on Monday and threatened to slip below $1,500 an ounce after the precious metal became more expensive for holders of
Most people are engrossed in the trade war and how it affects the stock market. Only a handful of people can see what’s actually happening
The price of gold plunged anew on Monday, extending last week’s slump as the U.S. dollar notched fresh two-year highs and stocks resumed their upward
The price of gold was under pressure Friday, extending a weeklong slump that saw the U.S. dollar rise to multi-year highs against a basket of
The Dow and broader U.S. stock market trimmed their losses in late afternoon trading Thursday, as the dollar surged to its highest level in two
The Dow’s dramatic reversal sputtered on Thursday, as the post-Fed rally ran out of steam amid a burgeoning crisis in the Middle East and warnings
According to Investopedia, the first paper money in the U.S. was issued on February 3, 1690 by the Massachusetts Bay Colony. Less than two hundred
The Dow Jones surged as much as 152 points on Friday, only to careen lower following a US dollar spike and a major sell-off in
The $100 bill – also known as the Benjamin or the C-note – now enjoys a higher circulation than even the $1 bill, the CNBC
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