Gold Price Volatility Is 'Ridiculously Low,' SocGen's Scott Says

The video discusses the focus on gold and oil amidst macro uncertainties like Brexit and trade wars. It highlights the low volatility of gold and the unresolved macro risks, including a potential US recession. The relationship between gold prices and the US dollar is explored, noting that owning commodities like gold and oil can be a strategy to short the dollar. A trade strategy is proposed, involving selling oil puts to fund gold calls, providing a hedge for portfolios.

What is the speaker's view on the US dollar in relation to gold and oil investments?

What correlation is observed between gold volatility and allocation in the market?