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Billionaire investor Ray Dalio urges 15% allocation in gold or Bitcoin, says world on the verge of an economic heart attack
Billionaire investor Ray Dalio continues to sound the alarm over the health of the global economy, citing unsustainable government deficit spending. He is advising investors to allocate around 15% of their portfolios to alternative currencies such as gold or Bitcoin. The founder of Bridgewater Associates shared his dire economic outlook during an appearance on CNBC’s Master Investor Podcast on Sunday. Focusing on the U.S., he pointed out that while the government collects approximately $5 trillion in income, it spends $7 trillion. “It’s spending 40% more than it takes in, and it can’t really cut spending ... (full story)
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- Jul 28, 2025 1:12pm Posted byFundamental Analysis646
