Gold Is a Nice Hedge to Have, Says Citigroup’s Apabhai

The video discusses the market sentiment at the start of the year, highlighting the Fed's balance sheet expansion and its impact on buying opportunities. It also analyzes the gold market, noting its overbought status and potential for further gains due to geopolitical risks and a weaker dollar.

What was the significant financial event in December that reversed much of the previous tapering?

• A decrease in interest rates

• A massive expansion of the Fed balance sheet

• A surge in stock market prices

• A reduction in government spending

How are market pullbacks expected to be treated in the first couple of months?

• Ignored by investors

• Aggressively bought into

• Met with panic selling

• Stabilized by government intervention

What is the current status of gold in the market according to the video?

• At its most overbought level in two decades

• Stable with no significant changes

• At its lowest price in a decade

• Experiencing a minor decline

What geopolitical factor is contributing to the rise in gold prices?

• Economic growth in Africa

• Risks in the Middle East

• Political stability in Europe

• Trade agreements in Asia

What is the expected trend for the dollar in the first half of 2020?

• Weakening

• Strengthening significantly

• Remaining stable

• Fluctuating unpredictably