Tagray dalio

Precious Metals Rally but Are Gold Bugs Secretly Holding Bitcoin?

gold ore, bitcoin

Gold stocks are on a tear. So much so that one analyst believes that they are about to become the next FAANG stocks, the latter of which represent high-flying tech companies that have been fueling much of the stock market's gains lately. On CNBC, Wolfe Research Technical Analyst John Roque touts what he calls the BAANG stocks, which are a group of five gold companies that together have advanced...

Bridgewater Tycoon's Gold Shilling Is Insanely Bullish for Bitcoin

ray dalio, bitcoin, gold

When billionaire investor and hedge fund manager Ray Dalio speaks, people listen. After all, Dalio is the founder of Bridgewater Associates, the world’s largest hedge fund firm with assets under management of $160 billion. So when Dalio said that gold will become a top investment during a “paradigm shift” in global markets, the price of the yellow metal spiked. But he probably missed the fact...

Ray Dalio's Anti-Capitalist Rant Sounds Like AOC's Crib Notes

ray dalio capitalism, alexandria ocasio-cortez

Billionaire investor Ray Dalio, the founder of Connecticut-based hedge fund Bridgewater Associates, sounds like he might be running for president in 2020. He's been stumping on social and traditional media since the weekend with a message cribbed straight from Alexandria Ocasio-Cortez's talking points - and just as vapid. Saying things like, "If I was the president of the United States..." in a...

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