In an interview with Kitco News anchor Jeremy Szafron, veteran commodity analyst Gary Wagner discusses his predictions for the 2024 commodity markets. Wagner dives deep into the dynamics of gold, silver, and oil, examining the potential impacts of Federal Reserve policies, global geopolitical tensions, and the intricacies of the US dollar.
Viewer Note: Gary Wagner contacted Kitco News to clarify that he misspoke in the interview regarding his gold price forecast for 2024. Gary intended to say the gold price could range between $2,250 and $2,300, not up to $3,200 as Gary said in the interview.
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0:00 – Introduction with Jeremy Szafron: Overview of Commodity Markets
0:58 – Federal Reserve’s Influence on Gold Prices in 2024
2:20 – Gary Wagner’s Analysis Techniques for Predicting Market Trends
4:44 – Gold Market Dynamics and Fibonacci Retracement Analysis
6:08 – Nature’s Blueprint in Financial Markets and its Application
7:23 – Gary Wagner’s Gold Price Projections for 2024
8:22 – Factors Influencing the Rise in Gold Prices
9:20 – Impact of Geopolitical Tensions on Gold and Safe Haven Assets
10:19 – Dollar Strength, BRICS, and Global Trade Implications
16:36 – Silver Market Outlook and Technical Analysis
21:22 – Extended Geopolitical Crises and Their Effect on Precious Metals
24:24 – US Dollar Analysis and Federal Reserve’s Monetary Policy
31:02 – Wagner’s Perspective on Oil Market Trends and Price Fluctuations
33:00 – Closing Remarks and Market Opportunities Discussion
#gold #economy #goldandsilver #commoditiesmarket #2024outlook #oil #fed #brics #opec
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