‘It’s Now Happening’-Urgent U.S. Dollar ‘Collapse’ Warning Issued As Markets Brace For Gold And Bitcoin Price Shocks
Forbes • • business
Key Points:
- Bitcoin’s price sharply dropped from nearly $96,000 to just over $90,000 amid escalating U.S. tariff tensions initiated by President Trump, while gold surged to a new all-time high.
- Billionaire investor Ray Dalio warned that the U.S. dollar is experiencing a predicted collapse as the global reserve currency, driven by economic, political, and geopolitical breakdowns, signaling potential conflicts and a shift toward a China-led world order.
- Inflation concerns are rising ahead of the U.S. personal consumption expenditures (PCE) report, with forecasts suggesting higher-than-expected inflation, fueling fears of unprecedented stagflation and further weakening of the dollar.
- The U.S. dollar index fell sharply following Trump’s tariff threats
