Ray Dalio says today is like the early 1970s and investors should hold more gold than usual

This is how much gold Dalio says you should hold right now

Billionaire Ray Dalio says gold is ‘certainly’ more of a safe haven than the US dollar and its record-setting rally echoes the 1970s, when it surged during a time of high inflation and economic instability.

How much gold should you invest in? Billionaire investor Ray Dalio shares his advice as prices hit record high at $4,000

Ray Dalio, founder of Bridgewater Associates, suggests investors allocate 15% of their portfolios to gold, which has surpassed $4,000 an ounce. He highlights gold's effectiveness during economic downturns and compares the current financial climate to the early 1970s.

Ray Dalio: 'It’s like the early 70s,' investors should allocate 15% to gold

Ray Dalio urges investors to allocate up to 15% in gold, citing its strength as a diversifier amid inflation.

Dalio Echoes Griffin in Seeing Gold as Safer Than the US Dollar

Billionaire Ray Dalio said that gold is “certainly” more of a safe haven than the US dollar and the metal’s record-setting rally echoes the 1970s, when it surged during a time of high inflation and economic instability.

Ray Dalio says today is like the early 1970s and investors should hold more gold than usual

"Gold is the only asset that somebody can hold and you don't have to depend on somebody else to pay your money for," Dalio said.