Ray Dalio: Put 5-10% in Gold
“Dalio doesn’t seem to like very many assets. He does not like equities. He does not like bonds. He does not like the U.S. dollar. He does not like the euro. He suggests putting 5-10% of a portfolio in gold and weighting towards the higher range later in the cycle. He does not know where we are exactly, but we are pretty late in the cycle.”
USAGOLD note: Dalio is among a group of top-notch money managers who deem gold an important part of the contemporary investment plan.
Image by Grameen America (https://vimeo.com/247028348) [CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)], via Wikimedia Commons [Edited]
Repost from 11/7/2019