Archive · 22 Jan 2026
Ray Dalio Warns of Central Banks Dumping Dollars
Ray Dalio, a famous investor, says that central banks around the world are starting to worry about the value of money like the U.S. dollar.
Instead, they are buying more gold because it is seen as a safer investment.
This is happening because the U.S. has a lot of debt, and other countries are not sure if holding U.S. bonds is a good idea anymore.
Dalio thinks that people should put some of their money into gold and other things that are not just regular money to protect their investments.
He also mentions that Bitcoin, a type of digital money, is becoming more popular as an alternative.
This change is happening because the world is becoming more uncertain, and people want to make sure their money is safe.
Ray Dalio warns that central banks are losing faith in fiat currencies like the U.S. dollar.
Gold surged over 70% in 2025, reaching $4,763 per ounce, as central banks bought record amounts.
The U.S. national debt is over $38 trillion, raising concerns among foreign holders like China and Japan.
Geopolitical risks, such as sanctions, make holding U.S. bonds a political as well as economic decision.
Dalio recommends allocating 5% to 15% of a portfolio to gold as a hedge against fiat instability.
- Who
- Ray Dalio, billionaire founder of Bridgewater Associates
- What
- Central banks are losing faith in fiat currencies, leading to a shift towards gold and other hard assets
- When
- The trends and warnings are observed in 2025
- Where
- Globally, with a focus on the U.S. and its debt situation
- Why
- Due to concerns over the U.S. national debt, geopolitical risks, and the potential for economic warfare
- Ray Dalio
- Billionaire founder of Bridgewater Associates, the world's largest hedge fund
- Gold Price
- $4,763 per ounce in 2025
- U.S. National Debt
- $38 trillion
- Bitcoin Price
- Briefly hit $110,000 when U.S. debt crossed $38 trillion
- Central Bank Gold Purchases
- Record amounts in 2025
- Dalio's Gold Allocation Recommendation
- 5% to 15% of a portfolio
- Financial Advisors' Crypto Allocation
- Nearly a third allocated client funds to crypto in 2025
- Bank of America's Crypto Recommendation
- 1% to 4% exposure to digital assets