Two Reasons Why This Billionaire Just Loaded Up on Gold

Friday, August 18, 2017
By Paul Martin

By Justin Spittler, editor, Casey Daily Dispatch
August 17 2017

Ray Dalio just issued a serious warning.

Dalio, as you may know, is one of the world’s top investors. He manages more than $160 billion at Bridgewater Associates, the world’s largest hedge fund.

Dalio is at the top of Wall Street because he can spot massive threats and opportunities that most people can’t.

For example, he predicted the U.S. housing bubble would burst in 2007. He also said that a housing crisis would spread to the banking sector.

This wasn’t a popular opinion at the time. But Dalio was right.

That same year, the U.S. banking sector imploded. This triggered the worst financial crisis since the Great Depression. The average U.S. stock plummeted 57% over the next two years.

• In short, it pays to listen to Dalio…

And last week, Dalio urged investors to take shelter.

He explained why in a letter to his clients. You can read it here if you like. But he basically thinks the world’s becoming a very dangerous place for investors.

But Dalio didn’t just issue a warning. He also bought a ton of “insurance.”

The Rest…HERE

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