Markets Insider/Theron Mohammed/5-20-2022
“Grantham, the cofounder and chief investment strategist of GMO, predicted a sweeping crash in asset prices, blasted the Federal Reserve, and touted natural resources and clean energy as shrewd bets. Dalio, Bridgewater’s cofounder and co-chief investor, warned against holding cash or bonds, trumpeted gold and emerging markets, and touched on Tesla CEO Elon Musk’s deal to buy Twitter.”
USAGOLD notes: This article shares 15 quotes from two of the financial world’s most highly respected money managers. Dalio’s pro-gold stance is well-known, but Grantham’s thinking on the subject is not. This past January, he recommended both gold and silver as “good safe harbors to counter inflation,” in remarks posted at the Chief Investment Officer website.
