[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![kashyap286 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1562962842.png) Kashyap Sriram [@kashyap286](/creator/twitter/kashyap286) on x 20.5K followers
Created: 2025-07-20 05:21:12 UTC

In 2018, Egyptian billionaire Naguib Sawiris invested half of his net worth in gold, expecting it to go up to $1800/oz.

He was wrong. Gold went to $3350/oz instead.

This is why I dislike price predictions. Is $5000/oz a good price to sell gold? Is $10,000? How high can it really go? Nobody knows!

We look back at Sawiris' investing acumen and think he was a genius. At that time, Wall Street thought he was nuts for predicting $1800 gold, because gold hadn't been that high since 2011.

Fact is, gold is in a multi-year bull market. Unlike stocks, which are prone to management mistakes, gold's potential is unbounded.

Nobody expected cocoa to move from $2581/mt to $12,218/mt (4.7x) in XX months, but it did. 

Bull markets tend to surprise conservative investors and analysts by overshooting to the upside.

![](https://pbs.twimg.com/media/GwRrGIQWIAA-nll.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946802548741996605/c:line.svg)

**Related Topics**
[wall street](/topic/wall-street)
[investment](/topic/investment)
[$5000oz](/topic/$5000oz)
[$3350oz](/topic/$3350oz)
[$1800oz](/topic/$1800oz)

[Post Link](https://x.com/kashyap286/status/1946802548741996605)