Bridgewater founder Ray Dalio, in a recent interview with Zerodha's Nikhil Kamath, warned investors against choosing paper promises of gold over the physical metal in pursuit of yield.
Dalio said this choice is 'the trap' that has ensnared investors for a long time. During the discussion, which came amid gold's record rally, Dalio said that investors should understand the distinction between physical gold and gold-backed financial vehicles.
