The Federal Reserve was really more dovish than hawkish, said Gary Wagner, editor of Speaking to David Lin, anchor for Kitco News, Wagner said that the key takeaway from the Jackson Hole Symposium is that the Fed has not explicitly announced by how much they plan to taper.

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.

Gary Wagner, editor of, discusses with David Lin, anchor for Kitco News, the pressure to taper that the Federal Reserve will be grappling with at the next Jackson Hole Symposium in late August. Wagner talks impacts on the dollar, interest rates, and gold.

Gary Wagner, editor of, discusses with David Lin, anchor for Kitco News, the key price levels to watch for gold, and what's been holding the metal down.

Gary Wagner: Despite the Dips, We Are Still On the Road to $2140 Gold We are joined on Metal Money by Gary Wagner, CEO of Despite the downward pressure on gold prices right now, Gary Wagner shows from his charts how the current dip plays out in four waves towards a new high of $2140 gold price

Gold and silver could take off, says The Gold Forecast founder Gary Wagner. He says "runway inflation" is here. He doesn't expect this inflation to be entirely "transitory" as the Fed keeps saying. The Fed has no plans of changing policy anytime soon. "I've always believed that every individual," Gary says, "should have 5 to 10% of their investment capital tied into physical ownership of gold and silver."

0:00 Intro ​

1:29 Powell's testimony

On #SFLive Ep 198 Soar Financial speaks with Gary Wagner, CEO & Exec Producer at to discuss where gold and silver are headed next - boom or bust? 

Gary Wagner joins Jay on the show for the first time. Gary has been a technical market analyst for 25 years with a focus on metals and commodities.  Jay and Gary discuss the price action of gold over the past year and what levels investors need to watch in 2021. Gary's favorite speculative investment of 2021 is copper due to historically low stockpiles, and demand coming from China, Biden's infrastructure plan, and the new energy grid.

May’s consumer price index is set to be released tomorrow morning, and the broad expectation is that inflation will climb higher compared to the previous month’s reading of 4.2%.

Gary Wagner, editor of, agrees with the consensus expectation.