Citadel’s Griffin Calls Rush to Gold as Safer Asset ‘Concerning’

Citadel’s Ken Griffin said investors are starting to view gold as a safer asset than the dollar, a development that’s “really concerning” to the billionaire investor.

“We’re seeing substantial asset inflation away from the dollar as people are looking for ways to effectively de-dollarize, or de-risk their portfolios vis-a-vis US sovereign risk,” Griffin said in an interview with Bloomberg’s Francine Lacqua on Monday.