Ray Dalio Warns Of Fiat Trust Breakdown, Says Gold Standard Return Is Possible

Ray Dalio, founder of Bridgewater Associates, said on Tuesday that it’s possible that the U.S. dollar may revert to the gold standard. “History shows us that the same cycles repeat time and time again. One such cycle is related to currency devaluation,” Dalio said. “Once people start to lose trust in the fiat system...