Nutmeg’s CIO Likes the Yen More Than Gold

The video discusses the current state of oil and gold markets. It highlights the factors influencing oil prices, such as high global supply and weak demand, particularly from China. The potential for conflict escalation could drive oil prices higher. The discussion then shifts to gold, examining its role as a hedge against geopolitical tensions and its effectiveness as a portfolio diversifier. The impact of a weaker dollar on gold prices is also considered, with a preference for the yen over gold as a diversifier.

What is the current price range of Brent crude oil discussed in the video?

• $80 to $100

• $70 to $90

• $50 to $80

• $30 to $50

What is one of the main reasons for the stability in oil prices according to the video?

• Strong demand in China

• High global supply and inventories

• Low global supply

• High global demand

What potential geopolitical issue is mentioned as a factor that could influence oil prices?

• North Korea's nuclear program

• Trade tensions between the US and China

• Negotiations between the US and Iran

• Brexit negotiations

According to the video, what has been a significant factor affecting the gold price recently?

• Increased mining output

• A weaker dollar

• A stronger dollar

• Rising real yields

Which currency is preferred over gold as a portfolio diversifier in the video?

• Swiss Franc

• Yen

• Pound Sterling

• Euro