Gary Wagner: Fed begins tapering this month; Will gold price finally break out?
Kitco News, Released on 11/3/21
The Fed announced Wednesday plans to begin tapering its asset purchase program later in November, with a $10 trillion reduction in Treasuries and $5 billion reduction of mortgage-backed securities.
Gary Wagner, editor of TheGoldForecast.com, discusses with David Lin, anchor for Kitco News, the impact this decision will have on the gold price.
0:00 - Monetary policy7:10 - Taper tantrum?11:50 - Gold price outlook
Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of "The Gold Forecast," a daily video newsletter. He has been a speaker for financial seminars including Futures West and the Dow Jones Financial Symposium which travels throughout the world.. Coauthor of "Trading Applications Of Japanese Candlestick Charting" a John Wiley publication.
Gary Wagner: Fed begins tapering this month; Will gold price finally break out? added by Herman James on 11/02/2021View all posts by Herman James ?+'