Ray Dalio Thinks Buffett “Making a Big Mistake” on Gold

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Bridgewater’s Ray Dalio disagrees with Warren Buffett on gold, telling CNBC that it’s “the new cash.” “Gold should be a part of everyone’s portfolio to some degree,” he said.  “It is the alternative money.” Dalio cites money printing as the reason why gold is now better than cash.  And when asked about Warren Buffett’s aversion […]

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Legendary hedge fund manager Ray Dalio was recently interviewed by Barron’s – he shared his take on the US deleveraging process and Europe. In what might be a surprising reaction to those from the Austrian school of economics, Dalio said the US has done a “beautiful” job deleveraging.  He defines beautiful deleveraging as one that […]

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