Ray Dalio: US Debt Crisis Looms, But Gold Still Better Than Bitcoin

Bridgewater Associates founder Ray Dalio has kept his Bitcoin investment to “little, like 1% kind of” while actively promoting gold as a portfolio safeguard. Speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Dalio flatly rejected increasing his cryptocurrency stake despite Bitcoin’s surge past $100,000.

“No, no,” Dalio responded when asked if he would boost his Bitcoin holdings to 10%. He described Bitcoin as “not going to be bought by alternative governments right now,” adding that it remains “easy to control and follow.”

This comes up as the investor warns about mounting US debt concerns, which reached $1.8 trillion in fiscal 2024. “We have a situation where we have too much debt and we’re producing it at a fast pace. So yes, we have to think about alternative monies,” Dalio told Yahoo Finance’s Opening Bid podcast. He sees these fiscal pressures forcing investors to seek alternative assets.

Cambria Gold Mines — sponsored Sponsored · Cambria Gold Mines

According to Dalio, gold has a unique market role, and a 10-15% portfolio allocation “will limit your risk” — countering the recent wave of Bitcoin coverage on financial networks, even as cryptocurrency gains mainstream attention following Trump’s re-election.

“And by the way, this is not individuals who are just thinking about it. These are countries and central bankers who are thinking about it,” Dalio says about the shift toward alternative investments. “The changing and the holdings of bonds and debt as an asset, and the buying of gold and other assets in terms of the mix is a reality.”


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Red Cloud Fall Mining Showcase 2026 | Day 2

More Gold Without a Bigger Upfront Bill? | Keith Boyle – New Found Gold

The Red Cloud Fall Mining Showcase 2026 | Day 1

Recommended

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Meghan Markle’s Half-Brother Submitted Evidence Against Their Father, But Now Faces Philippine Police Scrutiny

Related News

Gold Won’t Get Banking Upgrade in July, Industry Says

Claims that gold will be upgraded to a high-quality banking asset this July are false,...

Wednesday, July 2, 2025, 03:48:00 PM

Exploits Discovery Samples 61.3 G/T Gold, 189.2 G/T Silver At Dog Bay

Exploits Discovery (CSE: NFLD) this morning reported results from its 2020 prospecting campaign on the...

Tuesday, February 9, 2021, 07:50:56 AM

Nighthawk Gold Expands Financing To $23.5 Million

Nighthawk Gold Corp. (TSX: NHK) announced this morning that they have entered into a revised...

Wednesday, June 9, 2021, 08:36:18 AM

Citigroup: Bitcoin Could Become ‘Currency of Choice’ For Global Trade

The largest cryptocurrency in the world, Bitcoin, climbed back up to above US$48,000, following a...

Monday, March 1, 2021, 02:41:00 PM

New Found Gold Intersects 61.8 G/T Gold Over 13.7 Metres At Keats

New Found Gold Corp (TSXV: NFG) this morning released the drill results from three holes...

Tuesday, March 16, 2021, 08:19:52 AM