Egyptian billionaire says to invest up to 30% of a portfolio in gold
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Egyptian billionaire says to invest up to 30% of a portfolio in gold

While many people recommend investing 5% to 10% of a portfolio in gold, Egyptian billionaire Naguib Sawiris says that figure can be between 20% to 30%. He says investors will be "very happy" to have a position in gold if the stock market crashes or inflation rises.
03:23
Tue, Aug 10 20216:12 AM EDT