Interviews

This interview was filmed on May 17, 2022. ​The US Federal Reserve is hiking interest rates in a bid to curb inflation, but according to Gary Wagner of TheGoldForecast.com, that's not what will tame high prices. Speaking at the recent Vancouver Resource Investment Conference, Wagner, who also writes for Kitco Media, explained that supply chain issues are a bigger part of the problem.

Gary Wagner, Editor of TheGoldForecast.com, thinks gold has recently lost its “luster” as a hedge against equities and inflation. Wagner spoke with David Lin, anchor and producer at Kitco News.

On Ep 261 of #SFLive, we are speaking with Gary Wagner, Executive Publisher of TheGoldForecast.com & Kitco Contributor FED rate hikes, inflation, and of course, the development of the gold price.

Guest: Gary Wagner Company: TheGoldForecast.com & Kitco.com

GDP fell 1.4% in the first quarter of this year. China is shutting down. And the Fed is expected to further tighten monetary policy. The Dow reacted by falling by nearly 1000 points. Gold and silver fell as well. Gary Wagner of The Gold Forecast says we saw "solid pressure" in equities this week and considers it possible we could see further downside.

Gary Wagner, editor of TheGoldForecast.com discusses the impact of the Fed's rate hikes on inflation with David Lin, anchor for Kitco News.