Reported about 7 hours ago
Ray Dalio, the founder of Bridgewater, advocates for gold as a protective asset amidst the mounting debt in US markets, likening the financial situation to a body at risk of a heart attack. He suggests that a well-diversified portfolio should include 10% to 15% in gold, which is typically uncorrelated with other assets and tends to appreciate during crises. With increasing geopolitical tensions and levels of debt, Dalio urges investors to reconsider their portfolio strategies.
Source: YAHOO