Billionaire Ray Dalio says you should have up to 15% of your money in gold because of uncertainty around the Iran war

ray dalio says investors should hold 10-15% of their money in gold right now. the billionaire founder of bridgewater associates points to uncertainty around the iran war as the main reason. he also notes that more global transactions are moving away from the dollar system, which adds to the case for gold. dalio has been warning about debt cycles and geopolitical fragmentation for years. his current gold call is more specific than usual — he's giving a concrete allocation range rather than just saying "own some gold." the iran conflict angle is new for him, reflecting how that situation has escalated.