Patterson Sees Gold Hitting All-Time High This Year

Patterson Sees Gold Hitting All-Time High This Year

Assessment

Interactive Video

Business

University

Hard

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The video discusses the speaker's experience with gold, highlighting its complexity and importance in uncertain times. It covers the impact of global tensions, such as the war in Ukraine and US-China relations, on gold demand. The role of central banks in purchasing gold is emphasized, with a record amount bought last year. The video also explores diversification strategies and predicts continued central bank support for gold, expecting it to reach a new all-time high.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the World Gold Council in tracking gold purchases?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What expectations does the speaker have for gold prices in the near future?

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