Reported 1 day ago
Citadel founder Ken Griffin has expressed alarm over a significant shift of investors moving from the U.S. dollar into Bitcoin and gold, both of which recently reached all-time highs ($3,900 for gold and $126,556 for Bitcoin). He warned of potential asset inflation away from the dollar, highlighting the growing trend of 'debasement trades' as fiscal deficits and loose monetary policies undermine confidence in the dollar. This move towards scarce, non-sovereign assets marks a critical change in global capital markets.
Source: YAHOO