(Kitco News) – It’s no surprise that central banks and sovereign wealth funds are pivoting away from Treasuries and towards gold, and history shows that the present moment is a perilous one, according to Ray Dalio.In a candid conversation with the WSJ Leadership Institute’s Alan Murray at the World Economic Forum in Davos last week, the Bridgewater Associates founder discussed the ongoing convergence of debt, capital flows, domestic politics and international conflict.
