Billionaire Ray Dalio said investors should reduce their bond holdings and put as much as 15% of their money in gold to hedge against the risk of a US debt crisis that he warns could be just three years away.
In a LinkedIn post Friday, the Bridgewater Associates founder said investors should diversify across assets and countries with strong finances. Underweighting bonds and holding about 10% to 15% of a portfolio in gold and “a bit” of Bitcoin could both reduce risk and boost returns, said Dalio, who has long warned about the dangers of mounting government debt.
https://archive.is/jlUBA#selection-1609.0-1625.47
https://www.bloomberg.com/news/articles/2026-08-21/dalio-says-sell-bonds-buy-gold-bitcoin-as-debt-crisis-looms
US national debt crossed 40 trillion this week.
Dalio published fresh warning on LinkedIn today calling for lower bond exposure.
Treasury Secretary Bessent said the country can grow its way out of the debt.
Long term bond yields keep rising as supply overwhelms demand.