Ray Dalio Warns of Looming US Debt Crisis and Urges Gold and Bitcoin Allocations
4 Articles
4 Articles
Ray Dalio Warns of Looming US Debt Crisis and Urges Gold and Bitcoin Allocations
Billionaire investor Ray Dalio is highlighting unsustainable US government finances and recommending investors underweight bonds while allocating 10-15% to gold and a bit of bitcoin. The post Ray Dalio Warns of Looming US Debt Crisis and Urges Gold and Bitcoin Allocations appeared first on The Daily Hodl.
Billionaire Ray Dalio says investors should reduce their assets to bonds and place up to 15% of their money in gold to protect themselves from the risk of a US debt crisis that he believes could occur in just three years.
Billionaire Ray Dalio says put 10% of your money in gold
Ray Dalio wants investors holding 10 to 15 percent of their money in gold, and he thinks they have somewhere between one and five years to get there.The Bridgewater Associates founder set out the recommendation in a long post on X on Friday, arguing the United States government is spending 40 percent more than it collects while its budget deficit keeps widening. He told investors to underweight debt assets such as bonds and move into what he cal…
Ray Dalio has put bitcoin back on the table. Bridgewater Associates founder, one of the world’s largest hedge funds, argues in his latest essay that gold and bitcoin will make it ‘relatively good’ in the face of the overflowing growth of world public debt. It’s not an apocalyptic prophecy, but it’s a wake-up call with its own name. The investor’s recommendation comes in an essay released this week. ‘As a general advice, I suggest diversifying we…
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