Strong Dollar, Weaker Gold | Gold and Copper Demand Affected by China

The Fed has to be more aggressive in raising rates, says our guest Ed Egilinsky. When you look at the futures curve, most commodities continue to be in backwardation, which is a signal that demand exceeds supply, says Ed. He discusses the strength of the dollar (/DX) and how it has been the flight to safety. I think the strength in the U.S. dollar is the biggest reason why gold (/GC) has pulled back this month, he adds. Ed discusses the slowdown of demand in gold by India and China. Ed analyzes copper futures (/HG) and discusses how the price is related to the demand in China. Tune in to find out more.