Fed drops primary hints of tapering ‘slightly quickly’; Gold’s reaction to coverage reversal – Gary Wagner – Funding Watch

Kitco News, Launched on 7/9/21

Gary Wagner, editor of TheGoldForecast.com, discusses with David Lin, anchor for Kitco Information, the Federal Reserve’s subsequent steps in financial coverage, and the way a tapering of mortgage-backed securities purchases can affect the bond and #gold markets.

0:00 – Fed tapering?
2:09 – Taper Tantrum
5:00 – Economic system re-opening
7:40 – Yields falling
9:15 – Gold worth technicals
10:20 – USD and rates of interest
13:16 – Technical buying and selling

Gary Wagner has been a technical marketplace analyst for 25 years. A common contributor to STOCKS & COMMODITIES Mag, he has additionally written for Futures Mag in addition to Barrons. He’s the chief manufacturer of “The Gold Forecast,” a day-to-day video e-newsletter. He has been a speaker for monetary seminars together with Futures West and the Dow Jones Monetary Symposium which travels right through the sector.. Coauthor of “Buying and selling Programs Of Eastern Candlestick Charting” a John Wiley newsletter.

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