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Ray Dalio Warns of Impending Debt Crisis, Recommends Gold and Bitcoin
Ray Dalio, founder of Bridgewater Associates, warns of an impending U.S. debt crisis, advising investors to sell bonds and hedge with gold and Bitcoin. He suggests that recent financial moves indicate a worsening debt situation.
21 Aug, 17:04 — 21 Aug, 19:21
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bloombergHigh3h ago
Dalio Says Sell Bonds, Buy Gold, Bitcoin as Debt Crisis Looms
Billionaire Ray Dalio said investors should reduce their bond holdings and put as much as 15% of their money in gold to hedge against the risk of a US debt crisis that he warns could be just three years away.
By Ye Xie
Read full article →cnbcMostly Factual1h ago
Ray Dalio says Bessent move is sign that a debt crisis is getting closer; recommends gold and bitcoin
Billionaire investor Ray Dalio said the the debt buyback announcement this week fits into a larger pattern that could signal a forthcoming debt crisis.
Read full article →Coverage Timeline
First report: bloomberg · 21 Aug, 17:04|Full coverage: 3 · 2h|Window: 2h
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