Citadel’s Ken Griffin Calls Gold’s Rise Over Dollar 'Really Concerning,' Describes The U.S. Economy As On A 'Sugar High'

Benzinga

Citadel founder Ken Griffin warned that investors now see gold as safer than the U.S. dollar amid rising sovereign risk. He linked the trend to de-dollarization, fiscal strain, and stimulus-driven market distortions. Gold’s surge to record highs reflects what analysts call a global “debasement trade” into hard assets like gold, silver, and Bitcoin.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Citadel founder Ken Griffin warned that investors increasingly view gold as safer than the U.S.

00:06dollar, calling the shift really concerning, according to Bloomberg. Speaking at a Citadel

00:10Securities conference, Griffin said asset inflation away from the dollar shows growing

00:15efforts to de-dollarize amid U.S. sovereign risk. The outgoing government shutdown and

00:19expectations of rate cuts have pushed gold to record highs, driven by what analysts call the

00:24debasement trade into gold, silver, and Bitcoin. Griffin said U.S. markets are fueled by fiscal

00:28and monetary stimulus, presumably recessionary conditions. Describing the economy as on a

00:33sugar high. For all things money, visit Benzinga.com.

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