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Gary Wagner

Gary Wagner

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Gary S. Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of "The Gold Forecast," a daily video newsletter.

He has been a speaker for financial seminars including Futures West and the Dow Jones Financial Symposium which travels throughout the world.. Coauthor of "Trading Applications Of Japanese Candlestick Charting" a John Wiley publication.

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Global Inflation shows no indication that it is diminishing but rather moving higher

(Kitco commentary) - Today key reports released in both the United States and the Eurozone revealed what global citizens have been acutely aware of. Inflation continues to spiral higher and at a staggering level.

Albert Einstein said insanity is doing the same thing over and over and expecting different results

(Kitco commentary) - As of 4:21 PM EDT gold futures basis, the most active December futures contract is currently fixed at $1668.90 a net decline of 0.07% or $1.10. Gold futures did trade to a slightly higher high and a higher low than yesterday.

Gold attempts a relief rally as the dollar falls from its highest value since May 1, 2002

(Kitco commentary) - Since May 2021 gains in the U.S. dollar can be best described as parabolic. The dollar index was trading at approximately 89.60 in January 2021, and in one year nine months have moved from just below 90 to 114.745 a total gain of 24.745 points.

Gold's weakness remains as the dollar dominates with more upside potential

(Kitco commentary) - Although gold is trading fractionally higher today, by no means can we say that a rally has begun or that this is the beginning of a potential pivot and key reversal from bearish to bullish.

Federal Reserve's inaction will lead the U.S. into a deep recession - part 2

(Kitco commentary) - Powell's Federal Reserve was been faced with one of the most difficult periods in time that began with a global pandemic which led to a global economic shutdown. This led to an extreme and some say incorrectly allocated government stimulus.

Federal Reserve's inaction will lead the U.S. into a deep recession

(Kitco commentary) - The Federal Reserve has been faced with one of the most difficult periods in time that began with a global pandemic which led to a global economic shutdown.

Gold and the dollar both move higher as have the level of global uncertainties

(Kitco commentary) - There is an intrinsic negative correlation between the value of gold and the value of the U.S. dollar.

What to expect from the September FOMC Meeting, and how might gold respond

(Kitco commentary) - What to expect from the September FOMC Meeting, and how might gold respond

Gold remains above $1680 a key technical level as traders await the FOMC meeting

(Kitco commentary) - Gold remains above $1680 a key technical level as traders await the FOMC meeting

Gold breaks below $1680 yesterday, closing below a major level of technical support

(Kitco commentary) - Yesterday’s gold closed below the support level at $1680. This was the first instance since gold broke above that price point in April 2020.