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.

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

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

Everybody Should Own Gold | George Bee – U.S. Gold Corp.

A $40M Company Created $2B in Mining Value | John-Mark Staude – Riverside Resources

The Debt Crisis Is Turning Gold Into Money | Shawn Khunkhun – Contango Silver and Gold

Recommended

Northmin Wins Competitive Bid for Historic Keel Zinc-Silver-Lead Deposit in Ireland

Brixton Hits 348 g/t Silver Over 23.5 Metres as Langis Shaft 6 Southeast Zone Extends South

Related News

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Ryan King, EVP Capital Markets for Equinox Gold (TSX:EQX) (NYSE:EQX), breaks down what’s driving gold...

Wednesday, September 17, 2025, 04:25:00 PM

Morgan Stanley Slashes Gold Price Target by Nearly 10% Amid Macro Shift

Morgan Stanley has cut its gold price forecast for the second half of 2026 by...

Thursday, April 23, 2026, 01:07:19 PM

MicroStrategy Brings Total Bitcoin Holdings To 130,000 With Latest Purchase

In a sign of the current state of the crypto markets as a whole, MicroStrategy...

Tuesday, September 20, 2022, 09:08:26 AM

BMO Reiterates Ratings On Eldorado Gold Despite Poor Quarterly Performance

Eldorado Gold (TSX: ELD) is down 8% since it reported its first-quarter financial results on...

Tuesday, May 3, 2022, 02:22:00 PM

Great Bear Strikes 31.33 g/t Gold Over 20.55 Metres

This morning Great Bear Resources (TSXV: GBR) announced they have hit 31.33 g/t gold over...

Thursday, June 11, 2020, 10:15:00 AM