Gold Spikes And Is Heading To $2650/oz
Submitted by Gary S. Wagner on Thursday, August 1, 2024 - 16:11.
Recorded July 31, 2024 - 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.
INTERVIEW TIMELINE:
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