[Ray Dalio's Latest Advice: Allocate 5% to 15% of Your Portfolio to Gold to Address Uncertainty] According to a report by Jinse Finance, on April 28, Ray Dalio, founder of the world's largest hedge fund Bridgewater, suggested that due to the high uncertainty brought about by the Iran war, investors should allocate 5% to 15% of their portfolios to gold. The Iran war has entered its ninth week, and the world is facing various uncertainties. Dalio pointed out that one major issue currently being watched globally is whether the United States can win this war. He also mentioned that the U.S. is facing domestic pressures such as rising oil prices, the upcoming summer travel peak, and the midterm elections. Additionally, there is hope to keep the conflict relatively short-term. Another key issue is who will ultimately control the Strait of Hormuz. Dalio further noted that with the recent increase in the use of the Chinese yuan in international transactions, along with U.S. sanctions and changes in global trade, the market's understanding of "what constitutes money" is evolving. He believes it is crucial to understand that gold is a form of currency—it is the oldest currency and the second-largest reserve currency held by central banks. He added that gold also serves as a diversification asset, which makes it particularly favorable in such an environment. (Dongxin News Agency)