Ray Dalio On Gold: Buffett Is Making Why Billionaire Investor Ray Dalio Did an About-Face 2 days ago   02:41

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selfownership1
Sept. 21st

Raymond Dalio, Bridgewater Associates founder, & CIO, discusses his biggest concerns about the global economy, and why he thinks gold should be part of every investor's portfolio.

Comments 166 Comments

Michael Ernemann
melanie gardot
Van Dieu
It's insurance. Competent money managers, never mind perhaps one of the top 5 money managers in history understand the importance of diversification. The economic winds that have seen gold perform poorly are the same winds that have allowed other part of his investments to continue performing well.
And before anyone says Buffett does not believe in diversification, last I heard he had quite a handy pile of cash on the sides.
Friday’s are cool
Bitcoin
Frank Sanchez
U need to buy pshyical gold not stocks gold stock gold isnt real
Daddys Fastest Swimmer
Going all in on gold and silver is as dumb as not having any gold or silver at all.

- Me 2019
Shantanu Padmanabhan
Amazing to watch the comments saying "Dalio was wrong" based on the past 6 years, proving that you DID NOT listen to what he was saying.
Did you listen to the part about "during a monetary crisis"?

We havent had that in the past 5 years, you geniuses. If that happens and gold still falls then you can say "Dalio was wrong". Of course this isnt likely to happen.
Lisa Murphy
I think he makes perfect sense. If we have a really (really) serious collapse up ahead having gold coins could help you get you through it. At worst it's a decent place to store wealth. I think the best way to own it is in 1 oz 1/2 oz and 1/10 oz coins.
Michael Becker
why do all central banks own gold reserves?
No Hope Equals no fear
Gold is garbage.. had a gold ring once.... i threw it away
Border Tone
Gold declining for 6 years without any cashflow and he still keep saying this. It's easy to be a smart guy who is admired. Just say there will be a crash sometime next 20 years and you gonna be a hero. Not really differed from all those guys on the financial field.
XL Project YouTube
Ray Dalio was so wrong that makes me cringe. Gold was almost $1,800 and today September 2018 is $1,200. Better become a better investor Ray if you want to keep your wealth, or hire me, because I'd be a way better manager of your fortune, at least not so dumb. 😵😂😎
Or maybe he's so clever to decieve investors in bad purchases in orther to take the other side of the trade. 🤔😅👏🙊
Andi Rachman
1 thing you should know . Why big banks keep safe the gold ? Cz It is real money .
If dollar paper burn into ash .
Gold is still gold .
Andi Rachman
Gold is old commodity since human know metals . In every religion , Gold & silver coins is an aset . Arab use dinar dirham coins for trade . The problem in this era is fiat money , inflation & usury interest .
dheeraj Kumar
he just said gold is bad in long term, he also mentioned gold is like cash but a little bit better and warren buffet is a guy who invest for long term so he would not like gold in his portfolio
Orange Sin
Gold is just a kind of belief, if u studied from history of money. Lets make it that way, you buy gold for the sake of selling it at higher price, in exchanging back of fiat currency. If you treat gold as value, then bitcoin can replace gold. That was according to past, human holds on to the beliefs that government tends to fail, and fiat currency goes into nothing, and that is the time to use gold.

But, do you think fiat currency can fail? The whole monetary system has been established for so long, human will not go back into using gold, if so, human will go back to system barter. Doesnt make sense right?

After all, those countries with the worse currency value use USD, they dont use gold for transactions.
Carl Marcus
He wasn’t wrong on the political stuff
Rebel Lucy
Dalio knows history. Buffett will be proven wrong on this. Buffett is also a cheerleader for the US and Dalio is more honest.
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Silver up limit
Oz Dude
2:11 everytime someone says something they dont want the public to know they look nervous as hell
Kevin Lee
It’s now 2018 June. Gold went from about $1,500+ in 2012 when this video was uploaded to less than $1,300 now. On the other hand, S&P500 went from 1300+ to 2700+ in the same period. Not sure about you, I’d very much prefer to be in Buffett’s camp.
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Why Billionaire Investor Ray Dalio Did an About-Face Ray Dalio On Gold: Buffett Is Making 2 days ago   03:29

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Feb.01 -- Billionaire Ray Dalio, who in November was bullish on the incoming president’s ability to stimulate the economy, is now saying he’s more concerned that the damaging effects of Trump’s populist policies may overwhelm the benefits of his pro-business agenda. Bloomberg’s Simone Foxman reports on "Bloomberg Markets.”