Gold is about to explode? Ray Dalio warns that Russian sanctions could destroy the US dollar

Billionaire investor Ray Dalio warned on microblogging site “History and logic have made it clear that sanctions reduce demand for fiat currencies and the debt denominated in them and support gold,” Dalio said, pointing to previous episodes in which economic warfare reshaped global monetary dynamics. Dalio’s comments follow Washington imposing new sanctions on Russia’s two […]