Gold Favored as Safe Haven, JPMorgan PB's Wolf Says

The video discusses the current global trade slowdown and its impact on oil prices, highlighting oil as a proxy for global growth. It explores the concept of safe havens, focusing on the unexpected rise of cryptocurrencies and the traditional role of gold, especially with increased central bank purchases. The discussion shifts to the impact of trade restrictions between China and the USSR on other Asian economies, noting shifts in market share for commodities like LNG and soybeans, with countries like Brazil, Russia, UAE, and Saudi Arabia benefiting from the changes.

What factors are currently affecting global trade and the economy?

How is oil perceived in relation to global growth?

What role does gold play in the current economic climate?

What are the implications of trade restrictions between China and the USSR on other economies?

How have tariffs impacted the market share of U.S. exports to China?