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Ray Dalio: “If You Don’t Own Gold, You Know Neither History Nor Economics”

Ray Dalio – Gold Assets

By Tyler Durden

Bridgewater’s Ray Dalio explains in under 120 seconds why everyone should allocate some of their portfolio to gold:

If you don’t own gold…there is no sensible reason other than you don’t know history or you don’t know the economics of it…

Of course, few ‘status quo’ believers will pay heed to the $150 billion AUM fund manager,
despite his imploring everyone that to be successful, one must
“Think Independently, Stay Humble.”

Source: ZeroHedge 

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