Ken Griffin Warns of Concerning Shift to Gold as Safe Asset

Ken Griffin, founder of Citadel, has raised alarms over a growing trend of investors favoring gold over the dollar as a safer asset. During a recent conference, he noted that this shift reflects significant economic anxieties, particularly amid fears of US sovereign risk and a federal government shutdown. Griffin's comments suggest a potential loss of confidence in traditional currencies, which could have far-reaching implications for global markets and investment strategies.