No one expected that the long-silent Bridgewater founder Ray Dalio would once again surprise everyone at a private dinner: central banks around the world are frantically buying gold, which is not just ordinary investment but quietly paving the way for an imminent collapse of the monetary system. I just heard a friend close to Bridgewater sigh and say that Dalio, when discussing the current situation privately, directly pierced through that layer of window paper: “The current move of selling US bonds to buy gold is exactly the same as the signals before every major crisis in history.” He especially emphasized a overlooked deadly detail: this is not simple market volatility, but sovereign buyers acting collectively—because what they truly fear is that their holdings of dollar bonds could instantly become worthless due to sanctions or war. “One person's debt is another person's asset,” but when everyone begins to doubt the safety of assets, a bank run starts. He explained that the core behind this is the insoluble debt cycle. When countries and individuals alike have debt so high that income cannot cover it, the only choice is to print money, which inevitably leads to currency devaluation and soaring inflation. History repeatedly proves that before all fiat currency systems collapse, gold will become the final anchor. More importantly, he revealed his own allocation bottom line: in his investment portfolio, the strategic proportion of gold should be at least 5% to 15%, rather than following the trend of speculation. “Gold is the ultimate insurance, but most people haven't bought any at all.” Now, just thinking about their savings and investments being tied to potentially devalued paper money makes them feel uneasy. Do you have friends around you who have already started quietly switching to gold? $XAU $BTC $GT $ETH