Ray Dalio Says Gold, Non-Fiat Currencies Will Be Stronger Stores Of Value As U.S. Debt Mounts

Article Synopsis

Ray Dalio warned that unsustainable U.S. debt and excessive spending are eroding confidence in fiat currencies, boosting gold and non-fiat assets as safer stores of value. He advised investors to hold about 10% of their portfolios in gold.

Dalio cited a looming $12 trillion U.S. funding gap and noted rising demand for gold and the yuan, though the dollar remains the main medium of exchange. Ng Kok Song echoed concerns, calling U.S. debt a tipping point and noting similar risks in other major economies.

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