Geopolitics

Ray Dalio Warns US Debt Crisis Looms, Urges Shift To Gold And Bitcoin - Stocktwits

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DW NOTE

Dalio has been saying this since 2019. What changed is that the deficit hit $1.4 trillion through June — 3% higher year-on-year despite steady Fed rates at 3.65% — and gold is up 14.2% this month while sitting 12.5% below January's peak. The debt didn't suddenly become a crisis; it became impossible to ignore while rate cuts remain off the table.

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Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

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Ray Dalio Warns US Debt Crisis Looms, Urges Shift To Gold And Bitcoin - Stocktwits

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Gold SWOT: Large asset managers are rebuilding their gold positions following price pullback - KITCO

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