Commodities Recap: The Week in Oil and Gold

The video discusses the largest weekly market decline since May, driven by weakening emerging markets and increased US crude inventories. Bob Iaccino, a market strategist, highlights a failed rally due to geopolitical tensions and crude oil draws. He emphasizes the role of seasonality in commodities like copper, natural gas, and crude oil. The discussion shifts to the dollar's value and its potential breakout, influenced by jobs data. Gold's fluctuating value is analyzed, with a focus on its lack of response to geopolitical issues. Finally, the video covers interest rates, inflation, and their impact on the market, predicting a potential rise to 3% by the end of 2019.

What was a significant factor in the recent market movements discussed in the video?

• The rise of emerging markets

• The failed rally due to geopolitical tensions

• The increase in US crude inventories

• The decline in copper prices

Which commodities are mentioned as having strong seasonality?

• Iron, steel, and aluminum

• Gold, silver, and platinum

• Copper, natural gas, and crude oil

• Wheat, corn, and soybeans

What is the significance of the 200-week moving average in the context of the dollar index?

• It indicates a potential for a breakout or resistance

• It shows the historical high of the dollar

• It predicts the future inflation rate

• It marks the lowest point of the dollar in recent years

Why is gold not reacting as expected to recent crises?

• Gold is no longer considered a valuable asset

• There are no serious geopolitical issues

• Gold has been replaced by other commodities

• The crises are not significant enough to impact gold

What is the predicted yield on the 10-year by the end of 2019 according to the discussion?

• 2%

• 3%

• 3.5%

• 4%