TD Bank's, Deputy Chief Economist, Derek Burleton, shares his thoughts on geo-political risk and commodity prices.
The past couple of months have demonstrated how geopolitical risks are virtually unforeseeable and how quickly they can propel crude oil and gold prices higher. Derek discusses the geopolitical risk premium and if the rise in the price of crude oil could have a disruptive impact on the global economic recovery. He also shares his outlook on gold and crude oil prices.
In the interview, Derek Burleton, Deputy Chief Economist, TD Bank Financial Group, speaks to the following questions:
- How much geopolitical risk premium is in the price of oil?
- What's the likely impact on the global economy & your outlook on oil?
- What do you expect for the price of Gold?
- Your thoughts on opportunities in base metals and agricultural commodities?
- Is a sharp rise in commodity prices good for Canada?
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