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Alasdair Macleod highlights concerns raised by Ray Dalio and Michael Burry regarding the U.S. economy. Dalio argues that a U.S. debt collapse is imminent, while Burry warns of a potential repeat of the events depicted in The Big Short.
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Macleod has previously reported on sharp markdowns in paper gold and silver linked to futures contract expiry and bullion bank moves. He also discussed the yen’s recent recovery as markets anticipated a Bank of Japan rate hike to 1.25 percent. These reports come as market participants monitor signals from major economic actors.