Dalio said he thinks almost everybody is underweight gold, mentioning perhaps 10 or 15 percent as an allocation while saying he did not know the right figure.

This is a claim about what Dalio said, judged against the record of his 25 October 2020 remarks. True: the transcript or recording shows him saying that almost everybody is underweight gold, mentioning roughly 10 or 15 percent as an allocation, and saying he did not know the right figure. Mostly true: the substance matches but a secondary detail differs (e.g. the figures he gave were somewhat different, or the hedge was phrased differently). Mixed: he said one part, such as underweighting, but not the figure or the hedge. Mostly false: he discussed gold, but the 'almost everybody underweight' statement was about a different asset or materially different. False: the record shows he did not make such statements.

Set before the research began.

1. E1 Bridgewater on gold: 'It's wise to hold some of what central banks can't create more of' Kitco News · 1 October 2020

   “Investor allocations to gold are relatively low compared to history, and particularly compared to prior periods of paper currency devaluation that ultimately created inflation.”

The only evidence, E1, is a Kitco article from 1 October 2020 about a Bridgewater report. It says investor allocations to gold are low compared with history. It is not a transcript or recording of Dalio's 25 October 2020 remarks. It does not show him saying that almost everybody is underweight gold, naming a 10 or 15 percent allocation, or saying he did not know the right figure. The evidence therefore cannot settle what he said on that date.