Ray Dalio made waves earlier this year when he acknowledged that Bridgewater bought an undisclosed amount of bitcoin. In a recent interview, however, Dalio made it clear that his love for gold is still greater.
“If you put a gun to my head, and you said, ‘I can only have one,’” says Dalio. “I would choose gold.” (Source of Quote)
We agree with Dalio’s decision to choose gold over bitcoin, but we think it’s high time that he explores some better ways of owning gold.
Ray Dalio’s History of Buying Gold
Dalio and Bridgewater have been noted buyers of gold over the years.
Most recently they increased their gold position in the winter of 2019 just before the pandemic hit. The price exploded as the pandemic grew.
While Bridgewater has achieved massive gains in dollars in