Ray Dalio on Social Unrest and Gold

Here’s another remarkable interview with a financial industry titan about the times we live in and the role that gold should play in anyone’s investment portfolio, this one with billionaire (x10) hedge fund manager and founder of Bridgewater Associates Ray Dalio who sat down with CNBC’s Andrew Ross Sorkin.

The CNBC link is here, should the Youtube clip above get pulled.

In an appearance at the Council on Foreign Relations CEO Speaker Series, Dalio told CNBC’s Maria Bartiromo that social unrest is likely to develop in the not-too-distant future, in conjunction with a depression, not a recession, and that “gold is a currency” that everyone should own, going so far as to say that if your investment portfolio doesn’t have at least 10 percent of the yellow metal, then “you don’t know history”.