Why Strategas' Chris Verrone Wants to Buy Gold

The video discusses the current state of the gold market, focusing on short-term support levels around 1200 and the seasonal trends that affect gold prices. It highlights historical trends, noting that even during bear markets, gold can experience significant gains. The discussion also touches on inflation-adjusted views and includes a historical perspective from an investor in the Middle East.

What is the current support level for gold discussed in the video?

• 1300

• 1200

• 1400

• 1100

How does the video describe the seasonal trend for gold in the next six weeks?

• Very positive

• Neutral

• Not great

• Excellent

During which years did gold experience a 75% increase despite being in a bear market?

• 1995 to 1997

• 1990 to 1992

• 1985 to 1987

• 1981 to 1983

What is the significance of the mid-80s in the context of gold markets?

• Gold prices fell drastically

• Gold prices increased significantly

• Gold prices were unaffected by market trends

• Gold prices remained stable

What was the price of gold when the Middle Eastern gentleman decided to buy?

• 1000

• 1200

• 1500

• 1800