New Delhi, Sept. 12 -- Bridgewater Associates founder and former CEO Ray Dalio has issued a stark warning for investors, along with timely advice. The renowned market veteran believes that the US stock market, currently at all-time high levels, is headed for a financial "heart attack", driven by rising US debt and geopolitical tensions.

To safeguard their wealth, Dalio recommends that investors seek refuge in gold, which he sees as a reliable hedge in the uncertain market environment.

Dalio, according to a Reuters report, said that gold might be a shield for investors from unhealthy markets, overburdened with debt.

Speaking at a launch event for Abu Dhabi Finance Week, scheduled for December, the hedge fund manager warned that as the U...