Liberty and Finance: Here's Why Gold & Stocks Are Rallying Together | Gary Wagner
Submitted by Gary S. Wagner on Saturday, August 28, 2021 - 22:07.
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.
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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