Ray Dalio Highlights Shift in Global Monetary Order

Billionaire investor Ray Dalio has issued a warning about a significant transformation in the global monetary system. According to NS3.AI, central banks are moving away from fiat currencies, with gold emerging as a crucial asset. Dalio notes that gold has surpassed technology markets in performance, coinciding with a weakening US dollar. In response, central banks and sovereign wealth funds are bolstering their gold reserves to diversify and reduce exposure to risks associated with US dollar-denominated debt.