American billionaire and founder of Citadel, one of the world's most influential hedge funds and market makers, Ken Griffin, stated that investors view gold as a safer asset than the US dollar, a development that is quite concerning.
Ken Griffin: Investors are de-dollarizing
Griffin stated in an interview with Bloomberg that,
“We see that asset inflation is significantly distancing itself from the dollar as people are looking for effective ways to de-dollarize or reduce the relative risk of U.S. sovereignty in their portfolios.”
The continued government shutdown and the prospect of possible interest rate cuts have driven precious metal prices to new highs on Monday. This year, investors have increased their bets on gold, silver, and Bitcoin, a phenomenon known as “devaluation trading.” As of press time, spot gold was quoted at $3,963, just one step away from $4,000, having risen 51% year-to-date, far exceeding the major U.S. stock indices and risk assets like Bitcoin.
Griffin believes that the fiscal and monetary stimulus measures being taken by the United States are more akin to those typically adopted during an economic recession, which is stimulating the market.
Peter Schiff calls for interest rate hikes! Gold prices soar past 4,000 bucks.
Gold bull Peter Schiff believes that the market is warning the Federal Reserve that its current policy is wrong. The Federal Reserve needs to immediately turn the tide, raise interest rates between the two meetings, and issue more signals of rate hikes.
However, he also replied below: The Federal Reserve certainly cannot raise interest rates, which is why gold prices will be well above $4,000, and inflation will continue to soar.
Gold is at a new record high, trading above $3,975. That’s less than $25 away from $4,000. This is a clear warning that current Fed policy is wrong. The Fed needs to reverse course immediately, raise interest rates between meetings, and signal that more rate hikes are coming.
— Peter Schiff (@PeterSchiff) October 7, 2025
This article raises concerns about capital flowing into gold! Citadel founder: Investors are seeking to de-dollarize. First appeared in Chain News ABMedia.
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Funds flowing into gold is worrying! Citadel founder: Investors are seeking to de-dollarize.
American billionaire and founder of Citadel, one of the world's most influential hedge funds and market makers, Ken Griffin, stated that investors view gold as a safer asset than the US dollar, a development that is quite concerning.
Ken Griffin: Investors are de-dollarizing
Griffin stated in an interview with Bloomberg that,
“We see that asset inflation is significantly distancing itself from the dollar as people are looking for effective ways to de-dollarize or reduce the relative risk of U.S. sovereignty in their portfolios.”
The continued government shutdown and the prospect of possible interest rate cuts have driven precious metal prices to new highs on Monday. This year, investors have increased their bets on gold, silver, and Bitcoin, a phenomenon known as “devaluation trading.” As of press time, spot gold was quoted at $3,963, just one step away from $4,000, having risen 51% year-to-date, far exceeding the major U.S. stock indices and risk assets like Bitcoin.
Griffin believes that the fiscal and monetary stimulus measures being taken by the United States are more akin to those typically adopted during an economic recession, which is stimulating the market.
Peter Schiff calls for interest rate hikes! Gold prices soar past 4,000 bucks.
Gold bull Peter Schiff believes that the market is warning the Federal Reserve that its current policy is wrong. The Federal Reserve needs to immediately turn the tide, raise interest rates between the two meetings, and issue more signals of rate hikes.
However, he also replied below: The Federal Reserve certainly cannot raise interest rates, which is why gold prices will be well above $4,000, and inflation will continue to soar.
Gold is at a new record high, trading above $3,975. That’s less than $25 away from $4,000. This is a clear warning that current Fed policy is wrong. The Fed needs to reverse course immediately, raise interest rates between meetings, and signal that more rate hikes are coming.
— Peter Schiff (@PeterSchiff) October 7, 2025
This article raises concerns about capital flowing into gold! Citadel founder: Investors are seeking to de-dollarize. First appeared in Chain News ABMedia.