Gold Is Not the Fear Asset Its Made Out to Be: Horwitz

The video discusses the impact of a rising dollar on gold and commodities, highlighting the influence of global economic policies like the Fed's quantitative easing and the Bank of Japan's asset purchases. It analyzes gold market trends, noting a weakening support level and potential for lower prices. A trading strategy is proposed, suggesting a short covering rally for gold. The video also explains the role of a Commodity Trading Advisor (CTA), who manages futures accounts using various strategies.

What economic factor is mentioned as being detrimental to gold prices?

• A declining dollar

• A strong stock market

• Increasing inflation

• Rising oil prices

What is the significance of the 1180 to 1200 level in the gold market?

• It is the average price

• It is the highest price

• It is a support level

• It is a resistance level

What is the expected profit per contract if gold is bought at 1170 and sold at 1200?

• $30

• $3000

• $300

• $30000

What is a Commodity Trading Advisor (CTA) primarily responsible for?

• Managing futures accounts

• Advising on bond investments

• Managing stock portfolios

• Trading cryptocurrencies

Which strategy might a CTA use?

• Trading foreign currencies

• Buying and holding stocks

• Shorting gold and going long on coffee

• Investing in real estate