Speaking to ET Now, Ray Dalio says that the current environment is good for gold, and it should be a significant part of the portfolio. Stressing the fact that cash is the least safe investment in an inflationary environment, Dalio said, "Holding Cash up in an inflationary environment leads to reduced purchasing power". When asked to lend his thoughts on Bitcoin, the Founder, Co-Chief Investment Officer and Member of the Bridgewater Board said that the total value of bitcoin is less than that of Microsoft and he's surprised that bitcoin has not been hacked over the last 11 years. Watch this mega global exclusive to find out more
Watch Principles for Dealing with the Changing World Order by Ray Dalio -    • Principles for Dealing with the Chang...  
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