Aug
10
Dalio Recommends Gold as Hedge Against Rising Political Risk
By-
Famed investor recommends having 5-10% of assets in gold
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Current risks are ‘especially challenging to price in’
Hedge fund manager Ray Dalio recommends investors consider placing 5 percent to 10 percent of their assets in gold as a hedge against current political and economic risks.
Dalio, the idiosyncratic billionaire who leads the world’s largest hedge fund at Bridgewater Associates, said the market may be challenged by current events, according to a LinkedIn post on Thursday.
“The emerging risks appear more political than economic, which makes them especially challenging to price in,” wrote Dalio, who rarely makes specific market recommendations…
Dalio Recommends Gold as Hedge Against Rising Political Risk
