Billionaire Ray DeLeo Feels like a debate between gold and bitcoin There is a clear winner.
In his view, the precious metal remains the ultimate safe haven, while bitcoin often behaves like a risk asset rather than a true store of value.
Dalio, speaking on the All In podcast, argued that investors cannot treat the two popular assets as interchangeable hedges, CoinDesk reported.
He said that gold still has a significant and unique role in the global financial system that bitcoin cannot replicate at this time.
to see, per GoldPrice.org At the last available closing price on March 7, gold is trading at $5,170.48 per ounce, or approx $166.23 per gram. According to the same source, gold was doing business in $84.36 per ounceor close $2.71 per gram.
At the time of writing, Bitcoin was trading About $66,037.
However, in the last month, the trend has been remarkable unsteady With Reuters reporting that is as low as Bitcoin $63,295.74 on February 5and back again $73,777 on March 4.
I last wrote about Dello when his hedge fundBridge waterfrom which he has now retired, has made satisfactory additions Nvidiaincreased its contribution to approx 253 million dollars you 721 million dollars At the end of the year.
The main idea behind this purchase was that despite the recent decline in AI bellwether stock, Bridgewater still treats it as an important pillar of building AI infrastructure, along with other core technical bets. Oracle and Micron.
Gold in particular, mine February 5, 2026 Piece, I covered the dark skin of the dalyo with a greenish yellow metal A meeting of world governments in Dubai.
Even after the plunge at the time, Dalio made a case for gold “The safest money.” He widens the lens even further, warning that we are close to one on a global scale “Capital War” The time when capital and currency become an important battlefield.
“There is only one goldDalio said.
This sophisticated take reflected Deleo’s broader worldview at the time, pointing to a global financial system entering a more volatile phase, as traditional hedges 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% -
The longest period of history shown is:
Bitcoin (10 years): +16,207.23% S&P 500 (10 years): +237.00% Gold (20 years): +816.17% -
source: Goldprice.org, Seeking Alpha
Dalio believes that although gold and bitcoin are often lumped together and treated as competitive safe havens, the market diverges from them when things go south, Business Insider reported.
