Dalio: US debt risk grows; gold can shield savings and still offer upside
TL;DR Summary
Billionaire Ray Dalio, who predicted the 2008 crash, warned at Davos that mounting US debt could weaken the dollar and pose economic risks, but he also urged ordinary investors to hold gold (roughly 10-15% of a portfolio) as insurance that can protect savings and generate returns through ETFs, physical gold, mining stocks or gold IRAs.
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