(Kitco News) – Gold is better understood as fundamental money rather than a speculative asset, and investors would be wise to hold between 5%-15% of their portfolio in it – and even more in times of war or fiat devaluation, according to Ray Dalio, Founder of Bridgewater Associates.“It seems to me indisputably true that gold is a money and it is the money that is least at risk of being devalued and/or confiscated,” he said in a Thursday LinkedIn post. “Here’s why I believe that’s true.”
