The Bridgewater Associates founder who previously argued that Bitcoin could not replace gold said investors could consider holding “a bit” of the cryptocurrency amid a potential debt crisis.

Dalio advises selling bonds and buying gold and Bitcoin due to US debt concerns. Gold hitting $10,000 by December at 3.1% YES.

Ray Dalio recommends investors allocate 10-15% of portfolios to gold, citing $37 trillion in US debt and $1 trillion in annual interest payments.