David Lin | Letter To Fed: Lawmakers Urge 75 Bps Cut This Week, Will Powell Cave? Gary Wagner @TheDavidLinReport | Uploaded September 2024 | Updated October 2024, 2 hours ago.
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Gary Wagner, Editor of The Gold Forecast.com, discusses expectations for a Fed rate cut this week, as well as his gold price outlook.

*This video was recorded on September 16, 2024

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0:00 - Market performance recap
1:05 - Odds of a 50 bps rate cut
4:20 - Letter urging 75 bps rate cut
11:35 - State of economy
13:49 - Market reaction to rate cut
15:31 - Fed pivot and gold price
16:42 - $3,000 gold price timeline
18:50 - Bearish case for gold
21:45 - Gold vs. S&P 500
26:15 - Elliott Wave count for gold
28:45 - Last major gold bear cycle vs. now
31:15 - Gold vs. U.S. dollar

*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.

#gold #federalreserve #economy