Bridgewater Founder Dalio Urges Investors to Dump Bonds for Gold Allocation - 24/7 Wall St.
Bridgewater Founder Dalio Urges Investors to Dump Bonds for Gold Allocation - 24/7 Wall St.
Source: 24/7 Wall St.
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DW NOTE
Dalio wants you in gold while it's down 18% from its January high and crude is up 20% in a month. The logic works if you think the Fed will hold at 3.5% while oil shocks push inflation higher — but bonds only look worse than gold if you're certain the central bank has lost control of the curve.