Fed finally admits path is ‘unsustainable’, so why didn’t gold price explode? Gary Wagner
Gold is faced with a double-edged sword of inflationary pressures, said Gary Wagner, editor of TheGoldForecast.com, who expects near-term downward pressures to prevail.
Wagner discussed with David Lin, anchor for Kitco News, the Fed’s options after Jerome Powell admitted in a testimony Tuesday that the current economic path is “unsustainable.”
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Gary Wagner on Twitter: @garyswagner (https://twitter.com/garyswagner)
0:00 - Return to the 1970s?
5:17 - U.S. ability to pay back bills
11:15 - Inflation conundrum
12:29 - Gold price reaction and outlook
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Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Видео Fed finally admits path is ‘unsustainable’, so why didn’t gold price explode? Gary Wagner канала Kitco NEWS
Wagner discussed with David Lin, anchor for Kitco News, the Fed’s options after Jerome Powell admitted in a testimony Tuesday that the current economic path is “unsustainable.”
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Gary Wagner on Twitter: @garyswagner (https://twitter.com/garyswagner)
0:00 - Return to the 1970s?
5:17 - U.S. ability to pay back bills
11:15 - Inflation conundrum
12:29 - Gold price reaction and outlook
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Видео Fed finally admits path is ‘unsustainable’, so why didn’t gold price explode? Gary Wagner канала Kitco NEWS
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