Ken Griffin, the founder of the “Citadel” hedge fund, said investors started watching gold than a safer asset than the dollar, which describes this trend as “very disturbing”. “We see great inflation in assets away from the dollar, with investors getting rid of the dollar or reducing exposure to US sovereign risks,” the billionaire added in an interview with Bloomberg. The US economy is in artificial recovery. This shift came at a time when the fear of the ongoing closure of the federal government and the possibility of lowering interest rates, the precious metal Monday to a record level. During the current year, investors increased the demand for gold, silver and bitch, while it is known as “trading in the decline in the value of currencies.” Also read: Why do investors shout in gold and bitch? Griffin has seen that the United States see financial and critical motivation similar to what usually happens during stagnation periods, which feed the activity in the market. “The US economy is currently in a kind of artificial recovery,” he said. The fear of the loss of talents due to “H -1B” visas, Ken Griffin, made his comments at a conference organized by “Citadel Securities” for his Institutional Clients in Manhattan. The market operation, which he founded in 2002, is to link sellers and buyers in stock markets and fixed income instruments, and provide its services to asset managers, banks, brokerage firms, hedge funds, government agencies and public pension programs. In an extensive interview with him on Monday, Griffin said that the cost of $ 100,000 to hold employees of the “H -1B” visa campaign is not a major challenge for his business. Also read: Why does Trump want to increase the “H -1B” visa fees for skilled workers to $ 100,000? “Fortunately, we work in an economic sector in which it does not make up the $ 100,000 payment to employ a decisive worker in success or failure,” he added. “What worries me more is the jungle student in India who may not come to the United States, or a talented student in math and physics who prefers to stay in China,” he added.
“Citadel”: The dislike of dollar in favor of gold as a safe haven is worrying
