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.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper 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

The Gold & Copper Stocks Everyone Keeps Asking About | Oct. 12-16 – Weekly Mining Mailbag

Similar Gold Mines Are Valued 10X Higher. Why Not This One? | JW Dumont – Granada Gold Mine

The US Interest Bill Gold Can’t Ignore | Peter Grandich

Recommended

Sage Potash Expands Sage Plain Resource to 771.5 Million Tonnes, Adds First Measured and Indicated Tonnage

Cambria’s Silver Coin Infill Program Delivers 98.56 g/t Gold Over 8.2 Metres

Related News

Alamos Gold Suspends Operations At Island Gold Mine

Alamos Gold (TSX: AGI) announced this morning that it would be suspending its operations at...

Tuesday, March 24, 2020, 09:24:20 AM

FireFox Gold Intersects 93.88 g/t Gold Over 1.35 Metres

FireFox Gold Corp. (TSXV: FFOX) today reported the completion of its 11 hole diamond drill...

Thursday, June 17, 2021, 07:50:16 AM

Gold Isn’t Slowing Down Anytime Soon!? | Terry Lynch – Power Metallic

Terry Lynch, CEO of Power Metallic Mines Inc. (TSXV: PNPN), doesn't mince words when it...
Sunday, September 28, 2025, 11:28:00 AM

Canaccord: Alamos Gold’s Fourth Quarter Results Are “A Home Run”

Last week Alamos Gold (TSX: AGI) reported their fourth quarter and year end financial results...

Monday, March 1, 2021, 11:44:00 AM

Trade Ideas: Inca One Gold

We recently interviewed Rick Rule on our live stream and Rick said something very profound....

Thursday, October 14, 2021, 01:30:00 PM