Dalio: The United States is entering a period of 'great turbulence' and recommends a gold allocation of 5% -15% According to Golden Finance, on May 8th, Bridgewater founder Dalio stated that the United States is heading towards a long-term turmoil that has lasted for many years. The reasons behind this include a huge fiscal deficit, widening wealth gap, and increasingly severe political divisions between left and right factions. He also added that the new geopolitical landscape and the impact brought by AI will exacerbate this turbulence. Dalio pointed out in an interview with a podcast program that there will be tremendous changes in the next five years, and all these forces will work simultaneously and overlap with each other. After this period, the world will be almost unrecognizable, will become completely different, and will experience a period of significant change and intense turbulence. Dalio said that the social and political system in the United States is facing risks, and he is concerned about the possibility of violent incidents. We are going to have midterm elections, and I think the Republican Party is likely to lose control of the House of Representatives, "he said. I believe that from then on, political and social conflicts will intensify, especially between the midterm elections and the 2028 presidential election. He said that there is no longer a rules based order internationally, and the outcome of the US Iran war may be determined in an almost black-and-white way, such as "who controls the Strait of Hormuz and who controls nuclear materials. He stated that investors should maintain diversified investment portfolios, with a gold allocation ratio between 5% and 15%. He said that looking back at history, it can be found that during all these periods, all fiat currencies would fall while gold prices would rise. (Dongxin Society)