I think it is priceless. Ray lays out his thoughts on wealth and hedging with gold to the chuckles and sniggers of the pampered ruling class in a very clear and straightforward manner.
There is also another video interview in which Dalio discusses his views with the smirking chimps from CNBC. It is almost a scene out of Huxley’s Brave New World, with Dalio as some kind of monetary savage trying to explain reality to those who have been incubated in an artificial currency regime of King Dollar and know nothing else.
Here is why I think that this is important.
The gold market in particular seems to have bifurcated, or split into two: one market for largely paper speculation and high leverage, and another for the purchase and distribution of actual physical bullion.
Is this a problem?