Any Pullback in Gold Is a Buying Opportunity, Says UBS’s Schnider

The video discusses the current trends in the gold and oil markets, highlighting the impact of trade talks and geopolitical risks. It provides forecasts for gold prices, emphasizing the potential buying opportunities amid market fluctuations. The discussion also covers the oil market's supply-demand dynamics and the influence of geopolitical tensions, suggesting strategic investment approaches in response to these factors.

What is the forecasted price of gold towards the end of 2020?

• $1500

• $1550

• $1650

• $1600

How might the US-China trade talks affect the equity market?

• They will have no impact.

• They could lead to a market sell-off.

• They will definitely result in a market rally.

• They will only affect the gold market.

What is the expected growth in oil demand for 2020?

• 1.5 million barrels per day

• 2 million barrels per day

• 0.5 million barrels per day

• 1 million barrels per day

What strategy is suggested for investing in oil when prices adjust?

• Invest in gold

• Hold cash reserves

• Sell volatility

• Buy more oil stocks

How has the market reacted to the loss of oil supply from the Middle East?

• The market has barely reacted.

• The market has stabilized.

• The market has overreacted.

• The market has collapsed.

What is the role of strategic reserves in the oil market?

• To decrease oil supply

• To eliminate geopolitical risks

• To increase oil prices

• To provide comfort to investors

What is the expected additional crude supply from the US next year?

• 0.5 million barrels per day

• 0.82 million barrels per day

• 1 million barrels per day

• 1.2 million barrels per day