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00:00 Yes, in 2023 there was an attempt to break the bubble.
00:06 The expectations in 2024 are to monitor the bubble and its impact on monetary policy.
00:11 As expected, monetary policy may undergo some changes,
00:15 from a transition from a strict monetary policy to a facilitated one.
00:20 Markets believe that March 2024 is the beginning of a reduction in interest rates.
00:26 The Fed is expected to reduce interest rates six times,
00:31 in line with the Central Bank of Europe and the Bank of Britain.
00:35 Meanwhile, the central banks still believe that there is a possibility of increasing the inflow,
00:41 especially with the number of economic growth in the US, which is still considered good.
00:48 We look at the difference between what the markets expect and what the central banks believe.
00:56 I think that time may be the link between expectations and whether they will become a reality or will continue,
01:03 or the markets will be hit with hopelessness.
01:07 The important economic data for 2024 is certainly economic growth and inflation.
01:15 Inflation means that victory over inflation has already happened,
01:20 and the transition to the facilitated cycle is the next move.
01:25 Meanwhile, economic growth may be the driving force for the central banks to change monetary policy,
01:31 especially in the European Union and the British economy, which is still considered negative.
01:40 If the next move is negative, it means that the possibility of transition to the facilitated cycle may be present,
01:47 and therefore the pressure on the role of monetary policy renewal.
01:50 In summary, the best economic growth and inflation are the Fed and the government in 2024 to change monetary policy.
01:59 Will the golden gold continue, Ahmed?
02:03 If we look at the good role of monetary policy, I think that gold may be one of the biggest beneficiaries.
02:15 Especially when we look at the price behavior in the last period,
02:18 $ 2,075 per ounce has become a clear exchange rate for gold.
02:25 When the price behavior is exchanged in a long-term way, it may give the possibility of a new start for gold.
02:33 I will not say here that the good thing is that the markets are exaggerating in changing monetary policy,
02:39 but reducing interest rates may be a good push for gold prices in 2024.
02:46 Therefore, the direction of reducing interest rates, starting with it, and the laws in it may give a positive performance for gold in 2024.
02:56 Yes, we mentioned the minerals. Ahmed, we are a little bit tired of silver.
03:00 Many analysts see that silver also has relative advantages compared to gold,
03:08 but gold usually catches the eye without meaning.
03:14 The good difference in the last period compared to silver is geopolitical tensions.
03:21 As we know, gold is a safe haven for exchanges, more than silver or any other mineral.
03:30 When we look at geopolitical tensions, the main push was for gold.
03:34 Yes, silver may benefit in 2024 due to the reduction of interest rates,
03:39 but gold may be the biggest trigger, the biggest movement if we compare the price performance
03:46 or the percentage of price movements between gold and silver.
03:51 If gold's performance with the monetary policy or its change is positive,
03:57 silver may also push for positive performance in 2024.
04:01 Yes, through the legislation of encrypted currencies and the addition of more laws,
04:06 systems and platforms, we see that Bitcoin is in the lead in 2023 and can reach up to $45,000.
04:13 Is there still a chance for encrypted currencies to gain a good presence in 2024?
04:18 Or are there other factors that may block the way?
04:21 Yes, the coming days are very important.
04:27 5-10 January is the most important day for the crypto community,
04:36 especially when it comes to the adoption of the ETF.
04:42 When we look at the adoption of the laws,
04:46 there are two main points.
04:49 The first is the change in the view of the US Financial Services Board
04:56 regarding the crypto community.
04:58 On the other hand, the discovery of the initiative transactions for Bitcoin
05:03 may give investment transactions or institutions access and give more liquidity to crypto currencies.
05:11 Therefore, relying on the ETF may be the basis for positive transactions for 2024.
05:18 And when we look at the transition to the policy of cryptocurrency,
05:23 the ETF will give the risk tools, which are the digital currencies,
05:27 positive performance in 2024, according to the ETF.
05:31 Yes.
05:33 Let's talk about oil, which recorded 10% in 2023,
05:41 and is now rising due to some geopolitical tensions in the Red Sea.
05:44 To what extent will it depend on the economy in its true form,
05:48 and the theory of supply and demand?
05:50 Or is it also a hostage to what is happening in the region
05:52 at the level of geopolitical tensions and the interference of OPEC+?
05:55 Yes.
05:58 I think there are two main points in 2024 to follow up on the prices of oil.
06:03 The first main point is the commitment of OPEC+ to what it has decided
06:07 regarding voluntary reductions.
06:09 It will give confidence to the oil community,
06:11 and it will give greater confidence to investors to give a positive push.
06:15 On the other hand, geopolitical tensions are definitely the core of oil movements in 2024.
06:22 As I mentioned earlier, I think the key is to expand geopolitical tensions.
06:30 The more the tensions increase, the more the possibility of increasing oil prices in 2024.
06:39 Therefore, geopolitical tensions, with the US dollar decreasing
06:44 due to the easing of the currency exchange rate for the US dollar,
06:50 could give oil positive trades in 2024.
06:53 The 70-dollar levels of Texas are short-term levels,
06:58 but very important levels.
07:00 Its stability could give oil trades in the short to medium-term
07:06 positive trades in the coming period.