Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / "Fiat is Failing" — Ray Dalio’s Urgent Warning 📉 #shorts
Transcript
- 0:00Hey, Dalio is commonly referred to as one of the sharpest minds
- 0:05in the economic and financial worlds.
- 0:08This guy built the world's biggest hedge fund, and he
- 0:11started it out of a spare bedroom in his apartment with
- 0:15like, no money. OK, He's super smart and he's
- 0:18got something very important to say about precious metals.
- 0:22Beginning of the end of the monetary system as we know it.
- 0:27It's not just the US dollar, it's the Fiat monetary
- 0:31currencies. So the UK, the Euro, Japan,
- 0:36China all have similar debt problems and so on and are
- 0:40dealing with the same interrelationships, which is the
- 0:43reason you're seeing gold being chosen by the central bank.
- 0:48They want a a currency. Gold has always been the main
- 0:52currency and it's the only non Fiat currency.
- 0:55In other words, not the currency that can't be printed that they
- 1:00want. And so that's why you're seeing
- 1:02central banks move and sovereign wealth funds move to gold.
- 1:06And that's the nature of the shift of the monetary system it.
- 1:10The monetary system is changing right before our very eyes.