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Dalio says dollar reserve currency status in jeopardy

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Investing.com/9-16-2020

Image of newspaper headline featuring 'Gold, dollar'“While equities and gold benefited from the trillions of dollars in fiscal spending and monetary injections, those efforts are debasing the currency and have raised the possibility that the U.S. will go too far in testing the limits of government stimulus, Dalio said Tuesday in an interview with Bloomberg Television.”

USAGOLD note:  Dalio, as many of you already know, advocates gold ownership as a hedge against the possibilities he raises in this interview. He is the founder of the world’s largest hedge fund – Bridgewater Associates.

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