MarketsInsider/2-4-2022
“The easy days where they dump money on you, and you don’t have much inflation, and you don’t have much tightness — those have passed.” – Ray Dalio
USAGOLD note: The latest from the intrepid Mr. Dalio, who continues to warn against holding cash and now, as an upgrade to the message, against too much debt. He relented on cryptocurrencies for a short period but is now back to where he started on the subject: They are not a long-term store of value. A long-time advocate of gold ownership, he has added transcendental meditation to his list of recommendations. Dail heads up Bridgewater Associates, the world’s largest hedge fund.
