Dalio Warns Dollar Faces Long-Term Decline, Will Underperform Gold and Yuan – Is this Good For Crypto?
2026-01-08 04:55
Bridgewater Associates founder Ray Dalio warned that the US dollar faces sustained long-term weakness against gold and major currencies, with 2025 marking what Dalio believes to be a decisive shift in global capital flows. The dollar fell 39% against gold while declining 12% against the euro and 13% against the Swiss franc. “ The biggest story and the biggest market moves of the year were the result of the weakest fiat currencies falling the most, while the strongest/hardest currencies strengthened the most, ” Dalio wrote in his year-end reflection. His analysis reveals gold returned 65% in dollar terms, outperforming the S&P 500 by 47%. “ The S&P fell by 28% in gold-money terms, ” he noted. European stocks outperformed US equities by 23% and Chinese stocks by 21%, reflecting what Dalio describes as “ big shifts in flows, values, and, in turn, wealth away from the US. “ https://t.co/5mkvsUPpQG —...
