– Ray Dalio: “If You Don’t Own Gold, You Either Don’t Know History Or Economics” (ZeroHedge, May 14, 2015):
Bridgewater’s Ray Dalio explains in under 120 seconds why everyone should allocate some of their portfolio to gold
“If you dont own gold…there is no sensible reason other than you dont know history or you dont know the economics of it…”
Of course, few ‘status quo’ believers will pay heed to the $150 billion AUM fund manager, despite his imploring that to be successful, “Think Independently, Stay Humble”