Gold Tumbles Below $1,200 to Lowest in 18 Months

The video discusses the shifting dynamics in the gold and oil markets. Gold is losing its status as a safe haven due to the stronger dollar and easier access to Treasurys and other currencies. The oil market is influenced by Iran sanctions, Turkey's impact, and China's demand, with potential for sideways trading as global economies adjust.

Why is gold no longer considered a safe haven by investors?

• Because it is less liquid than Treasurys and the US dollar.

• Because it is more volatile than the stock market.

• Because it is heavily taxed.

• Because it is not backed by any government.

What has been the trend for the US dollar over the past year?

• It has been fluctuating wildly.

• It has remained stable.

• It has been strengthening.

• It has been weakening.

What could cause gold prices to drop further?

• A decrease in global inflation.

• A strengthening of the US dollar.

• A rise in stock market prices.

• An increase in gold mining.

What geopolitical factor is currently affecting the oil market?

• North Korea tensions.

• Brexit negotiations.

• Iran sanctions.

• US-China trade war.

What could lead to higher energy prices according to the discussion?

• Strong global demand and OPEC unity.

• A decrease in global demand.

• OPEC disbanding.

• Increased oil production by Russia.