With fears of more volatility in stock markets ahead, investors could do well holding gold, which is still the reliable safe haven asset, said Phil Streible, senior market analyst at RJO Futures.

"Even if you look at bonds and interest rates, the volatility has been quite high in there. We've seen bonds tick up three, four, five handles within a short period of time. I think that gold has been a much better, a much more stable investment asset for a safe haven," Streible told Kitco News.

On the trade war with China, Streible said that a resolution between the two countries would like occur, softening fears in the equities markets.

"I think that we're starting to get to a turning point here where both countries had really felt the effects of the tariffs and the trade war, and we're starting to see some concessions take place here. We're already starting to see China lower some of the tariffs on U.S. autos and we should see a resolution down the road," he said.

On equities, Streible said that 2019 should see more "normalized" levels of volatility in the markets.

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This article was written by a staff member of TheStreet.