Should You INVEST in GOLD Now – Ray Dalio
when billionaire investor Ray Doo speaks
people listen Ray doio always been big
fan of gold according to Doo if you
don’t own gold you know neither history
nor economics He suggests it would be
sensible to allocate 10% of an
Investor’s portfolio to gold gold has
been recognized as a precious metal and
valuable item for centuries and there is
good reason why gold is generally
considered an effective hedge against
inflation gold has a limited Supply
which helps it retain its value and
contines to rise in its value gold has
historically seen a rise in value when
the US dollar has weakened and during
recessionary periods when interest rate
Cuts happens it tend to benefit
non-interest paying assets like gold
gold can potentially be used as a hedge
against Market uncertainty in investors
portfolios and act as an effective
portfolio diversifier about the recent
surge in gold price Ray Doo cautioned
that tough times are ahead and pointed
to mounting debt balances around the
world with the US debt notching $34
trillion for the first time ever this
year debt problems have also plagued
China Japan and European nations which
poses a big risk for the currencies in
those Nations Ray Doo said history and
logic show that when there are big risks
that the debts will either not be paid
back or be paid back with money of
depreciated value the debt and the money
become unattractive when nations are
deeply indebted central banks are likely
to print out more cash to pay off the
debt which is itself a problem Doo said
gold is a non-debt backed form of money
it’s like cash except unlike cash and
bonds which are devalued by risks of
default or inflation gold is supported
by risks of debt defaults and inflation
doio mentioned gold is a good
diversifier against the backdrop of high
debt levels that’s the main reason he
has gold in his own Investment Portfolio
gold has been on a record setting run in
recent weeks maybe it’s time adding gold
to your portfolio to reduce risk and
enhance returns I hope you like this
video thanks for watching
Gold prices recently surged to a new peak. The economic uncertainties, inflation fears, and geopolitical tensions in the current scenario drives the demand for this safe-haven asset. Gold is viewed as a safe haven at times of economic or geopolitical turmoil. In this video Billionaire investor Ray dalio explains whether gold should be part of a balanced portfolio investment or Not.
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