- Ray Dalio urged investors to allocate around 15% of their portfolios to gold, calling it a strong hedge against credit-dependent assets and a key protector of real returns. Speaking at the Greenwich Economic Forum, the Bridgewater Associates founder said the metal’s surge reflects a global shift away from debt assets and fiat currencies, reminiscent of the 1970s. It comes after Citadel CEO Ken Griffin warned gold’s rally signals investor unease with U.S. sovereign risk and growing efforts to “de-dollarize.” Dalio linked the trend to rising global debt levels—especially America’s $37.8 trillion burden—arguing that central banks’ increasing gold reserves highlight an ongoing “change in the monetary order.”
Usually investors look to buy the dip—and when it comes to gold, even the most minor of drops are few and far between. Yet as the asset spun to new record highs this week, Ray Dalio’s advice to speculators was to invest a substantial portion of their portfolio to the precious metal.
