Gold to Continue to Rise Over Next 12 Months, Says Airguide’s Langford

The video discusses the recent trends in the gold market, highlighting a 6-year high due to factors like a dovish Fed, US dollar depreciation, and trade uncertainties. It contrasts gold with other commodities like iron ore and palladium, which have unique market drivers. The discussion shifts to the electric vehicle market, emphasizing China's focus on cobalt and lithium due to government support and fund management strategies. Finally, the video covers the oil market, suggesting a bearish outlook and strategies for reinvestment into other commodities.

What are some of the factors contributing to the recent rise in gold prices?

• Increase in oil production

• Dovish stance of the Federal Reserve

• Strengthening of the US dollar

• Decrease in trade uncertainties

How has the US-China trade war affected the strategy for trading metals?

• Long on base metals, short on gold

• Long on gold, short on base metals

• Long on both gold and base metals

• Short on both gold and base metals

Which commodities are Chinese fund managers particularly interested in due to the electric vehicle market?

• Gold and oil

• Iron ore and palladium

• Cobalt and lithium

• Silver and copper

What is the outlook on oil in the context of the rising electric vehicle market?

• Bullish

• Unchanged

• Neutral

• Bearish

Why are Chinese fund managers cautious about picking the bottom of a commodity?

• They have a monthly performance chart

• They fear losing their funds if they underperform

• They prefer investing in gold

• They are not interested in commodities