Billionaire Ray Dalio feel the debate between gold and Bitcoin There is a clear winner.
In his view, precious metals remain the ultimate safe haven, while Bitcoin behaves primarily like a risk asset rather than a true store of value.
Speaking on the All-In Podcast, Dalio argued that investors cannot treat the two popular assets as fungible hedging tools, CoinDesk reported.
He said that gold still occupies a very unique role in the global financial system that Bitcoin cannot currently replicate.
For opinions, every GoldPrice.org Latest closing price on March 7, gold trading price $5,170.48 per ounce, or approximately US$166.23 per gram. According to the same source, silver traded in $84.36 per ounceor almost US$2.71 per gram.
At the time of writing, Bitcoin is trading at Approximately $66,037.
However, in the past month, this trend has become very obvious. volatile, According to Reuters, Bitcoin fell to $63,295.74 on February 5then rebound to $73,777 on March 4.
The last time I wrote about Dalio, it was about his hedge fundbridgewaterNow retired, he made the addition driven by faith NVIDIAincreasing its shares by nearly $253 million arrive $721 million At the end of the year.
The core idea behind the acquisition is that despite recent volatility in the AI ​​leader’s stock, Bridgewater still sees it as a key pillar in building out its AI infrastructure, along with other core technology bets, including Oracle and Micron.
Especially in gold, in my February 5, 2026 In the piece, I cover Dario’s blunt take on shiny yellow metal Dubai World Government Summit.
Even after the turmoil of the time, Dalio still made the case for gold “The safest money.” He widens the perspective even further, warning that we are moving towards a much closer goal globally. “Capital War” An era in which capital and currency have become key battlegrounds.
“only one gold coin,” Dario said.
The powerful remarks reflected Dalio’s broader worldview at the time, noting that the global financial system would enter a more volatile phase as traditional hedging became increasingly important.
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1 month/30 days:
Bitcoin: -2.59% S&P 500: -2.77% Gold: +4.18% -
6 months:
Bitcoin: -39.28% S&P 500: +3.99% Gold: +39.46% -
1 year:
Bitcoin: -22.26% S&P 500: +17.45% Gold: +74.34% -
5 years:
Bitcoin: +32.40% S&P 500: +75.43% Gold: +200.85% -
Maximum date period displayed:
Bitcoin (10 years): +16,207.23% S&P 500 (10 years): +237.00% Gold (20 years): +816.17% -
source: Goldprice.org, Seeking Alpha
According to Business Insider, Dalio believes that although gold and Bitcoin are often lumped together and viewed as competing safe havens, the market will treat them differently when conditions worsen.
