The Globe and Mail reports in its Friday, Sept. 12, edition that Bridgewater founder and the firm's former chief executive officer Ray Dalio says gold might be a way to shield investors from unhealthy markets, overburdened with debt. A Reuters dispatch to The Globe reports that Mr. Dalio warned that as the U.S. spends more to service its debts, this "squeezes out other spending" and builds up as plaque would in a clogged human circulatory system. "A doctor would warn of a heart attack," he said. "A well-diversified portfolio would have somewhere between 10 per cent and 15 per cent in the portfolio of gold," said Mr. Dalio, who sold his remaining interest in Bridgewater Associates in July and stepped away from the hedge fund he founded. Gold was uncorrelated with other assets, its value tending to rise during a crisis when other assets fall, Mr. Dalio told attendees at a launch event for Abu Dhabi Finance Week, scheduled for December. With the world "abundant in debt" and with geopolitical tensions rising, investors should question "whose money do you own?" when thinking about how to build a neutral portfolio, said Mr. Dalio.