The David Lin Report, Released on 9/16/24

Gary Wagner, Editor of The Gold Forecast.com, discusses expectations for a Fed rate cut this week, as well as his gold price outlook.

0:00 – Market performance recap
1:05 – Odds of a 50 bps rate cut
4:20 – Letter urging 75 bps rate cut
11:35 – State of economy
13:49 – Market reaction to rate cut
15:31 – Fed pivot and gold price
16:42 – $3,000 gold price timeline
18:50 – Bearish case for gold
21:45 – Gold vs. S&P 500
26:15 – Elliott Wave count for gold
28:45 – Last major gold bear cycle vs. now
31:15 – Gold vs. U.S. dollar

Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of “The Gold Forecast,” a daily video newsletter. He has been a speaker for financial seminars including Futures West and the Dow Jones Financial Symposium which travels throughout the world.. Coauthor of “Trading Applications Of Japanese Candlestick Charting” a John Wiley publication.

  economy, federal reserve, gary wagner, gold