Ray Dalio Says Fed’s QE Pivot May Rally Gold, But What About Bitcoin?

Ray Dalio warns the Fed’s renewed easing could fuel gold and other assets as liquidity rises. | Credit: Getty Images. Key Takeaways Dalio said that increased liquidity from the Federal Reserve’s balance-sheet expansion could fuel ‘financial-asset inflation,’ a dynamic that typically lifts assets such as gold. The comments come after former BitMEX CEO Arthur Hayes said the Fed’s quantitative easing could “reignite the Bitcoin bull market.” CCN’s Valdrin Tahiri has tempered optimism with warnings that ...