Gary Wagner, Editor of TheGoldForecast.com, discusses his gold price outlook for 2023 with David Lin, Anchor for Kitco News.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
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Follow Gary Wagner on Twitter: @garyswagner (https://twitter.com/garyswagner)
0:00 – Gold price performance in 2022
4:50 – Inflation expectations
7:27 – Costs of debt
12:30 – Gold price technicals
16:52 – 2023 gold price
17:37 – Gold vs. geopolitical risks
19:10 – Gold vs. stocks
22:20 – Gold vs. inflation
23:37 – Gary Wagner’s work
24:40 – Getting young people to follow gold
#stocks #gold #economy
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29 Comments
9.99 special
Heard this before.
Some pretty profound statements from Gary today. Folks young and old should take heed.
My prediction for end of year 2023 is🥁 roll please.
2000 us dollars gold
19 us dollars silver
Powell will probably have to become more hawkish since the congress just spent another trillion dollars on unnecessary woke projects
Gold will go to $258,000, silver to $3800 and Bitcoin to 42 cents.
Very few people have any gold interest whatsoever. Its shocking how real money (gold/silver) were both pried out of the Peoples hands and turned into a speculative commodities.
“Without any question” so sure are we
Gold an Bitcoin are going nowhere. Buy yourself some land and grow your own food. And weapons to protect your food.
I need to keep this sh*t together till I retire
—Powell
in other words , the rich with enough cash to buy a house without lending benefit , while the normal citizen is again suffering
Thank you
He contradicts himself. He says FED will keep interest rates at elevated levels, while inflation will head down, which means REAL INTEREST RATES will go up, which inversely correlates togold, so how come gold will go up while real interest rates go up?
Let's face it… NO ONE understands Gold… all "explanations" are narratives cooked up to fit history… over the VERY LONG TERM Gold reflects the value of the FIAT currency used to "measure" Gold. Interestingly every single FIAT currency on earth has steadily lost value over time when measured in Gold.
Are those samara swords in Gary's back ground?
I hope your not Buddhist
The gold I hold is at $10,000 (🤑). The gold I’m buying is at $1,600(🤞). 🤔
this guy hasn’t a clue of what’s going on… when your justification is “sentiment” alone…
Even a broken clock tells the right time twice a day. A month ago Greg said gold will be 1680-1750 at year end it's a guessing game. They don't know just like a Weather mediologist and still have there jobs. It will hit thouse targets for tomorrow to 10 years from now. 🤣🤣
Been hearing that for years, hasn't happened.
Yeah, yeah, heard that before 🤣
DAVID. BIG THANKS FOR YOUR HARD THROUGH 2022 . HAPPY NEW YEAR TO YOU AND YOUR FAMILY. BEST WISHES 👍👍👍🎄🎄🎄🎄
With high interest rates next yr, wouldnt it boost the price of bonds and stocks ? Thereby drawing funds away from gold ?
In the UK do you get decent money back when selling gold bars ? As I know when selling gold jewelry you only get around £16 a gram which isn't good , anyone know ?
of course it is. LMAO. I've been hearing this for 15 years. but this year is different. LOL
Let’s not overlook the big Elephant in the Room. Gold Price is Controlled (by very Wicked Men. We must realize that we have an extremely dumbed down Society. If People weren’t so dumbed down there be a lot more People acquiring Gold. And if that was the case the Gold Price would be harder to control.
Listen to con man about gold price it’s been going to10000 past 20 years
Why is David using CPI numbers? They are contrived BS.
Here we go again. Who will say it next?