Billionaire Investor Ray Dalio Prefers 'Hard Money Like Gold And Bitcoin' For These 5 Reasons

Ray Dalio, founder of Bridgewater Associates, opined that he prefers to stay away from debt assets amid high debt concerns, preferring to allocate to gold and Bitcoin BTC/USD.

What Happened: The billionaire investor expressed concerns about rising global debt levels, particularly in major economies like the U.S. and China.

Speaking at Abu Dhabi Finance Week, as reported by the South China Morning Post on Tuesday, Dalio highlighted the risks associated with unsustainable debt, which could erode the value of money.

He advocated investing in “hard money” assets such as gold and Bitcoin to hedge against the decline in fiat currencies.

Dalio outlined several key forces shaping the global economy:

• Debt and monetary dynamics, internal political tensions
• Countries’ internal political order
• External geopolitical conflicts
• Natural events like climate change and pandemics
• Disruptive technologies

He also encouraged investing in innovative companies leveraging technology for operational improvements rather than relying solely on market dominance.

Also Read: Here’s How Much $100 In Bitcoin Could Be Worth In 2030 If Cathie Wood’s Price Target Is Reached

Why It Matters: Dalio advised adopting a long-term investment strategy focused on structural trends rather than reacting to daily news.

He praised the Gulf Cooperation Council (GCC) countries for their stability, investment opportunities, and high quality of life, making them attractive for both investment and family living.

In October, Dalio urged Chinese leadership to pursue a “beautiful deleveraging” strategy to avoid a debt crisis, recommending measures such as debt restructuring, monetary stimulus and debt monetization to stabilize the economy

Dalio expressed optimism about the incoming second Trump administration’s plans to revamp government functions and domestic order, which could create a favorable economic environment.

Read Next:

• US Strategic Bitcoin Reserve Would Cause Tectonic Shifts In Personal Finance, Researcher Predicts

Photo: Shutterstock