Gary Wagner: Gold Spikes And Is Heading To $2650/oz

Liberty and Finance, Released on 7/31/24

Gary Wagner discusses recent remarks from Fed Chairman Jerome Powell, who hinted at potential rate hikes in September. This announcement led to a significant surge in both gold and equities, reflecting market enthusiasm. Wagner (https://thegoldforecast.com) forecasts that gold could reach $2,650 in the near future. Gold has been outperforming silver and he expects this outperformance may continue.

0:00 Intro
1:30 Powell’s speech
5:30 Gold update
15:20 Silver update
18:50 Silver vs gold
22:50 The Gold Forecast
26:03 Weekly specials

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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