Monday, August 14, 2017

Ray Dalio might be a bit late to the Gold party | Gold is in a Bull Market

"We have been in a bull market for almost two years, its just been so unrecognizable. I think Gold is about to break out on the upside strongly because of inflationary pressures.

One never knows when geopolitical risks will arise. One never knows when something untoward will happen economically. So yes, you should have some part of your portfolio in [gold]. I think you should have a tad bit more than 5 or 10% at this point. The stock market looks a little vulnerable. The geopolitical circumstances are getting worse and worse. So, I think that you probably need to bring that up to 10 to 15%, rather than 5 to 10.”