As the US national debt trajectory steepens, billionaire investor Ray Dalio is cautioning that history offers a clear pattern: excessive debt creation is often followed by currency devaluation and a shift of capital into alternative stores of value. According to fresh projections from the Congressional Budget Office (CBO), US federal debt is expected to rise…
Gold rate today: Gold prices have entered a range-bound terrain after a stupendous start to the year, as tailwinds that supported the rally started to fade. The yellow metal broke below the crucial $5,000 mark on Thursday night and continues to remain so despite a 1% rebound today, February 12. The fresh bout of selling…
Even as silver prices have outperformed gold in percentage terms in over a year, billionaire investor and Bridgewater Associates founder Ray Dalio remains firmly bullish on gold. He believes that gold is not a speculative trade, but a structural bet as the global monetary order is breaking down. After outshining gold rates last year, silver…
US-Venezuela conflict: In a significant development that stunned the entire world, the US carried out a large-scale military strike against Venezuela on Saturday morning. US President Donald Trump announced the US attack on Venezuela from his social media handle Truth Social. The US President also announced that Venezuelan President Nicolas Maduro and his wife have…
