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Markets Insider: Billionaire Investor Ray Dalio Says He's Owning Gold to Hedge the Risk of Debt and Inflation Crises

April 19, 2024
Buy Gold, Dollar Crash,  buy Silver, Market Crash

Article by Jennifer Sor in Markets Insider

Ray Dalio is holding onto gold as a buffer against risks stemming from higher inflation and a potential debt crisis hitting the economy.

The billionaire investor and former Bridgewater Associates CEO has pointed to mounting debt balances around the world, with the US debt notching $34 trillion for the first time ever this year.

Debt problems have also plagued China, Japan, and European nations — which poses a big risk for the currencies in those nations, he wrote in a post on LinkedIn this week.

"History and logic show that when there are big risks that the ......

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