The David Lin Report, Released on 9/28/23
Gary Wagner, Editor of TheGoldForecast.com, discusses the impacts to markets that a government shutdown may have, as well as the broader economic ramifications of the Fed’s decision to keep rates high.
0:00 – Intro
0:45 – Gold price action
9:30 – Inflation
11:30 – High interest rates
15:00 – Government shutdown
17:15 – Soft landing?
23:30 – Dollar
24:48 – Gold price outlook
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.
Gary Wagner: Market Crash Next Week From A Government Shutdown? added by Herman James on
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Wagner appears to only look at charts and ignores Central Bank buying in record amounts. Beyond that he regurgitated all the standard tropes and axioms used by Wall Street ignoring the massive bond losses laying out there as rates continue to rise.