And from another site (Share Scene-sorry don't have the link):
Hedge fund kingpin Ray Dalio is seeing a case for gold as central banks get more aggressive with policies that devalue currencies and are about to cause a "paradigm shift" in investing.
Dalio, founder of the world's largest hedge fund, wrote in a LinkedIn post that investors have been pushed into stocks and other assets that have equity-like returns. As a result, too many people are holding these types of securities and likely to face diminishing returns.
"I think these are unlikely to be good real returning investments and that those that will most likely do best will be those that do well when the value of money is being depreciated and domestic and international conflicts are significant, such as gold," the Bridgewater Associates leader said....
Add to My Watchlist
What is My Watchlist?
