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CNBC

Ray Dalio says Bessent move is sign that a debt crisis is getting closer; recommends gold and bitcoin

Friday, August 21, 2026


Billionaire investor Ray Dalio said the debt buyback announcement this week fits into a larger pattern related to government debt levels. Dalio recommended gold and bitcoin as investments in response to fiscal conditions he identified. The specific details of which debt buyback announcement Dalio referenced and the timeframe he provided for his concerns were not included in the available information.

Original reporting: https://www.cnbc.com/2026/08/21/ray-dalio-bessent-debt-crisis-bitcoin-gold.html

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