Walter Berukoff was the founder and former CEO of La Mancha Resources bought by the Sawiris family for $600M in 2012.
Egyptian billionaire, Naguib Sawiris, was recently interviewed on CNBC and says to invest up to 30% of a portfolio in gold.
He says investors will be “very happy” to have a position in gold if the stock market crashes or inflation rises.
Watch the video interview here | link
