Here’s Why Gold & Stocks Are Rallying Together | Gary Wagner

Liberty and Finance, Released on 7/28/21

Gold and stocks normally move inversely, but both rallied on Friday. Even though there may be a taper by the end of the year, the Fed is flooding the country with currency, says Gary Wagner. Money printing pushes all markets up in tandem. We’ve never seen money printing like this. “This is an experiment,” he says.

0:00 Intro
0:57 Powell’s speech
3:45 QE vs. rates
5:19 The Fed & Gold
7:08 Metals Forecast
9:51 Unprecedented territory

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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