Reported 1 day ago
Billionaire investor Ray Dalio stated that gold is a more reliable safe haven compared to the US dollar, especially highlighting its rise amidst economic uncertainty and high inflation similar to the trends of the 1970s. During a recent conference, he emphasized that gold should constitute around 15% of investment portfolios, reflecting concerns over weakening national currencies and geopolitical tensions. Dalio also warned about the speculative nature of the current stock market, particularly regarding artificial intelligence, while recognizing ongoing investment opportunities.
Source: YAHOO