Egyptian Biljonaire Naguib Sawiris sees Gold at $1.800!

My fellow Steemians,

Egyptian Biljonaire Sawiris, who has put half of his fortune into gold, expects a gold price of $1.800.

Sawiris believe in the precious metal made him investing half of his 5.7 billion net worth in gold.


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He expects an explosion in gold after the overvalued stocks have crashed.

Naguib Sawiris: “In the end you have China and they will not stop consuming. And people also tend to go to gold during crises and we are full of crises right now”

Naguib Sawiris is the guy who founded the North Korean telecom company Koryolink. He also bought the Egyptian investment bank Beltone.

Thank you for reading!

http://goudhub.com/egyptische-miljardair-investeert-halve-vermogen-in-goud/?mc_cid=2c7ee0fb20&mc_eid=610be50615

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If gold goes to the moon, a similar thing could happen with cryptocurrencies.

The only bad part is that when stocks crash, a lot of people suffer financially, but I guess that type of crash is inevitable.

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