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This interview was filmed on May 17, 2022.
The US Federal Reserve is hiking interest rates in a bid to curb inflation, but according to Gary Wagner of TheGoldForecast.com, that’s not what will tame high prices.
Speaking at the recent Vancouver Resource Investment Conference, Wagner, who also writes for Kitco Media, explained that supply chain issues are a bigger part of the problem.
He also shared his outlook for the gold price moving forward.
#VRIC2022 #Investing #Gold
0:00 – Intro
1:32 – Why the Fed can’t fix inflation
5:16 – Impact of supply chain issues
10:25 – Why isn’t the gold price higher?
14:30 – Gary’s outlook for the gold price
18:56 – Palladium, silver key to watch
22:36 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
