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Ray Dalio Warns of US Debt Crisis, Recommends Gold and Bitcoin

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The Story

News Summary

  • Ray Dalio warned the U.S.
  • faces a severe debt crisis within three years due to soaring deficits and debt service costs.
  • To hedge against potential dollar weakness and economic turmoil, he recommends diversifying portfolios by allocating 10% to 15% into gold and holding Bitcoin.
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XAUUSD price history

4333.40 -9.07% over the displayed period

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