Cronk Says Gold Is on High-End of Range

The video discusses the current state of gold investment, highlighting that gold is at the high end of its range due to a weak dollar and geopolitical risks. The expectation is for the dollar to strengthen, which may affect gold prices. The world is currently oversupplied with gold, making significant price increases unlikely. Geopolitical risks are acknowledged as factors that can distract from economic fundamentals but also present short-term opportunities. The Federal Reserve's geopolitical risk index is mentioned as a tool for monitoring these risks.

Discuss the implications of high gold supply on its market price.

What role does the Federal Reserve play in monitoring geopolitical risks?