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Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin

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Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin
  • Billionaire asset manager Ray Dalio has argued that investors should allocate at least 15% of their portfolios to gold and Bitcoin, as a hedge against macroeconomic risks.
  • Dalio argued that rising government debts have not been priced into global markets.
  • The Bridgewater Associates founder added that he is “strongly preferring” gold over Bitcoin, and doubts that any central bank would adopt the cryptocurrency on as a reserve currency.
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