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Gary Wagner

Gary Wagner Articles

Federal Reserve Chairman Jerome Powell said in his last press conference. “We’re not thinking about raising rates. We’re not even thinking about thinking about raising rates.” In regards to the Fed tapering its monthly $120 billion asset...
Yesterday we focused on the fact that for the first time since January 2020 the 50-day moving average in gold futures crossed beneath the 100-day moving average. This death cross suggests that there might be a pause in the current gold...
Gold futures continued to drift lower yeterday, continuing the sharp decline that traders witnessed on Monday of this week. Although yesterday gold was able to recover slightly gaining $18 off of Monday sharp selloff, today traders took...
Yesterday’s announcement that two companies have developed a vaccine that has now completed the stage III trials, and is 90% effective in killing the coronavirus. This was truly welcome news and responsible for the large gains in US...

China has only 2% of its Total Foreign Reserves in gold.

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