Ray Dalio backs gold as a top investment if central banks cut rates

Ray Dalio has made the case for investing in gold as central banks devalue currencies. The hedge-fund boss predicts a"paradigm shift" in investing. Dalio said too many investors have been pushed into stocks and other equity-like assets and are likely to face diminishing returns. View Markets Insider for more stories. Ray Dalio has made the case for investing in gold as central banks cut interest rates and pump money into economies, devaluing currencies.

Ray Dalio has made the case for investing in gold as central banks devalue currencies. The hedge-fund boss predicts a"paradigm shift" in investing. Dalio said too many investors have been pushed into stocks and other equity-like assets and are likely to face diminishing returns. View Markets Insider for more stories. Ray Dalio has made the case for investing in gold as central banks cut interest rates and pump money into economies, devaluing currencies.

Gold is not an investment. At best it keeps inflation at bay.

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