Gary Wagner: Gold Price Hit New Record High, Expect $2,700 By Year-End Says Trader

The David Lin Report, Released on 7/18/24

Gary Wagner, Editor of The Gold Forecast.com, discusses the drivers of gold’s latest run to new all-time highs, and where the price may go by year-end.

0:00 – Intro
1:45 – Gold’s new all-time high
2:17 – Fed monetary policy
8:34 – What pushed gold higher?
12:43 – Why would go climb more?
14:55 – Gold’s new floor
16:18 – Gold vs. stocks
17:45 – Recession indicator?
19:05 – Election result and gold
20:58 – Long-term outlook
24:30 – $2,700 gold by year-end

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.

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