Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.
Ray DalioIn China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's a problem.
Ray DalioSome people seek to understand, and some people seek to portray what they want to portray.
Ray DalioWhat I'm trying to say is that for the average investor, what I would encourage them to do is to understand there's inflation and growth - it can go higher and lower - and to have four different portfolios essentially that make up your total portfolio that gets you balanced.
Ray Dalio