What Does the Silicon Valley Bank Collapse Mean for Fed Policy and Gold? With Gary Wagner
Submitted by Gary S. Wagner on Friday, March 17, 2023 - 17:46.
Columnist at Kitco News and executive producer of the Gold Forecast Gary Wagner joins the show to break down the Silicon Valley Bank Collapse, how it will affect Federal Reserve policy moving forward, and where gold currently stands in the face of this loss of confidence in the financial sector.
Gary's Column on Kitco: https://www.kitco.com/commentaries/ga...
The Gold Forecast: https://thegoldforecast.com
Follow Gary on Twitter: https://twitter.com/garyswagner
00:00 Introduction
00:35 What's Behind the SVB Bank Collapse?
04:02 Will a Contagion Spread to the Banking Sector?
05:59 More Pain to Come in the Broad Markets?
12:36 The Fed's Next Move
16:58 Fed Policy and Gold
20:30 Sentiment Shift in Gold