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Billionaire Sawiris Says Quarter Of A Portfolio Should Be In Gold
Published by Goldbroker ™ | Aug 11, 2021 | Articles 2242

Gold is a good investment at a time when the world is concerned about inflation, Egyptian billionaire Naguib Sawiris told CNBC. The precious metal is often touted as a hedge against rising prices and a safe-haven asset that should make up around 5% to 10% of an investor’s portfolio. But long-time gold investor Sawiris recommends allocating much more to gold.

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Repos : Will the Fed Bring Gold to the Bottom?
Author Arkadiusz Sieron | Published by Goldbroker ™ | Aug 4, 2021 | Articles 2163

The Fed’s tightening cycle practically always ended up in a recession. Moreover, there were many indicators that the recession would take place in 2020 or 2021 anyway, even without the coronavirus and the Great Lockdown. So, this time won’t be different. Well, actually, it could be different –in such a way that the next recession will be accompanied by higher inflation. If stagflation really occurs, gold will shine as it did in the 1970s.

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