Given the recent resurgence of precious metals and the looming ‘endgame’ of Federal Reserve faith, we thought dusting off the following 160 seconds of uncomfortable truth from Bridgewater’s Ray Dalio was worthwhile…
“we’re beyond the point of being able to successfully manage this… and I worry about another leg down in the economy causing social disruption… Hitler came to power in 1933 because of the social tension between the factions.“
“Gold should be a part of everybody’s portfolio to some degree because… it is the alternative money.
Warren Buffett is making a big mistake.”
Ray is important man to listen. His firm has achieved more than 14% annualized returns in the last 24 years, and unlike Warren, he didn’t achieve that by optimizing taxation. Ray Dalio ‘s video:
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