According to CoinMeta, Ray Dalio, the founder of Bridgewater Fund, stated that investors should reduce their bond holdings and allocate up to 15% of their funds to gold in order to hedge against the risks of the US debt crisis he warns about. He warned that this crisis could erupt within three years. Dalio wrote on Friday that investors should diversify their asset allocation across different markets. He said that reducing bond holdings and allocating about 10% to 15% of one's portfolio to gold can both lower risk and increase returns.