Bridgewater Associates founder Ray Dalio recommends holding about 15% of investment portfolios in gold. He says the metal is a strong diversifier and hedge against economic uncertainty, emphasising its role in balanced investment strategies.

Greenwich

Ray Dalio, founder of Bridgewater Associates, has advised investors to consider allocating around 15% of their portfolios to gold. He describes gold as an excellent diversifier, especially when traditional assets, which are often credit-dependent, experience downturns.

Dalio also expressed a preference for gold over debt assets, noting that current credit spreads are very low. He emphasized that gold's performance tends to improve when other parts of a portfolio decline, making it a strategic component for long-term asset allocation.

Ray Dalio: Gold should make up 15% of your portfolio

When you're thinking you're doing your asset allocation, what is going to protect your real after-tax returns so you create that optimal mix? Gold is a very excellent diversifier of the portfolio. So if you were to look at, just from the strategic asset allocation mix perspective, you would probably have something like, as the optimal mix, something like 15% of your portfolio in gold because of the fact that, if you didn't even have a tactical, because it is the one asset that does very well when the typical parts of your portfolio go down, because the typical parts of your portfolio are also so credit-dependent. So anyway, I think all of this means that there should be some peace in that in gold. If I'm making tactical bets, I don't like debt assets, per se. And I would say I don't like debt assets, per se, not just government debt assets, but also, if you're looking, let's say, at credit or private credit and you look at where the credit spreads are, credit spreads are very, very low. And so for those various reasons, my tilts would be away from those things. And toward gold. But again, yes. So more than would be a normal asset allocation mix. But I think you have to also say, start with what is a real dollar, if you're a dollar investor, a real return asset that you're going to hold as part of that portfolio. Most of the system is dependent on credit. Equities and everything is dependent on credit. You change credit, and then all sorts of things happen. And so it's an effective diversifier, as well as probably the timing seems good.

National Guard troops are preparing to be deployed to Chicago. Members of the Texas National Guard arrived just outside the city on Tuesday. The move is being criticized as an abuse of presidential authority.

Chicago

National Guard troops preparing to deploy in Chicago

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Washington

Trump admin offers cash to migrant teens who self-deport

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Global Tariffs

Trump promises trade fairness for Canada during Carney's visit

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Tel Aviv-Yafo

Middle East Conflict

Israelis remember victims two years after Hamas attack

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Riyadh

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Stockholm

Three U.S.-based scientists win Nobel Prize in physics

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Cairo

Israel and Hamas resume Gaza ceasefire talks in Egypt

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Israel deports Greta Thunberg after Gaza Flotilla interception

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Paris

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Santa Clara

Rise of AI

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Gorakshep

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Indianapolis

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Portland

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Jerusalem

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Santa Teresa

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Tokyo

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Breakdown