Markets In Turmoil Amid Negative GDP | Gary Wagner

Liberty and Finance, Released on 4/30/22

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. It's very likely precious metals have bottomed, he says.

0:00 Intro1:08 Turmoil in markets5:03 Further decline7:13 Silver forecast11:34 Inflation pressures13:57 Fed policy18:43 The Gold Forecast21:05 Miles Franklin

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.

Markets In Turmoil Amid Negative GDP | Gary Wagner added by Herman James on 04/30/2022View all posts by Herman James ?+'