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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Ray Dalio Says 15% In Bitcoin Or Gold May Be Essential As Fiat Currencies Face Devaluation Risks

Ray Dalio Bitcoin Gold Crypto
Business,Golden,Coin,Digital,Currency,On,Stock,Market,Financial,Positive

Billionaire investor Ray Dalio advised a 15% portfolio allocation to Bitcoin (CRYPTO: BTC) or gold, citing mounting U.S. debt concerns and potential currency devaluation risks.

What Happened: The Bridgewater Associates founder warned of a “classic devaluation” scenario similar to the 1970s or 1930s in an appearance on the Master Investor Podcast, where fiat currencies could decline together against hard assets.

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