Billionaire Investor Ray Dalio Is Sticking With Gold As A Hedge Against Inflation: 'History And Logic Show That ...'

Ray Dalio's Investment Strategy: Ray Dalio, a billionaire investor, is holding onto gold as a hedge against rising inflation and potential debt crises globally.

Global Debt Concerns: Dalio highlighted the escalating debt levels worldwide, including the U.S., China, Japan, and European countries, which pose risks to currencies.

Gold Performance: Gold has been performing well recently amid recession fears and persistent inflation, with certain gold ETFs showing notable returns.

Dalio's Warnings and Strategy: Despite previous warnings about a potential debt crisis, Dalio remains bullish on China's stock market and sees value in investing during unpopular market times.

Current Gold Prices: The spot price for gold is $2,368.73 per ounce, with gold futures for June 2024 trading at $2,383.3, reflecting recent declines.