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POSTED ON April 9, 2020  - POSTED IN Key Gold Headlines

Earlier this year, Ray Dalio quipped that “cash is trash.” During a recent Reddit “ask me anything” session, Dalio doubled down, warning that the rush into the US dollar is a mistake.

Why?

Because the Federal Reserve has fired up the printing press and is pumping out cash at a dizzying pace.

POSTED ON August 11, 2017  - POSTED IN Key Gold Headlines

Bridgewater Associates founder Ray Dalio said investors should buy gold.

Bridgewater manages about $160 billion in assets according to its website, and ranks as the worlds largest hedge fund.

In a LinkedIn post, Dalio wrote, “prospective risks are now rising and do not appear appropriately priced in.” He specifically cited geopolitical tensions, especially the war of words between North Korea and the United states, and the looming deadline for Congress to raise the debt ceiling.

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