USD May Lose Reserve Currency Status: Ray Dalio’s Warning Resurfaces

Billionaire investor RAY Dalio's cautionary remarks about the US dollar's dominance as the global reserve currency are gaining renewed attention in 2026. His NBC interview from last year highlighted mounting debt, rising tariffs, and policy decisions as threats to America's long-term economic stability. Dalio projected a potential shift in global economic power as early as 2026, which could trigger geopolitical realignments and weaken the USD's standing.

Trade tensions have escalated since Dalio's warning, with unresolved tariff disputes and even traditionally stable regions like the Nordic countries being drawn into conflicts. The ongoing Greenland dispute has led to new 10% tariffs, further straining international relations. Commodity prices are surging, while central banks are increasingly diversifying reserves into gold and away from the dollar. Recent market activity reflects this trend, with US natural gas prices posting their largest single-session gain in over a year, and gold and silver continuing their upward trajectory.