Podcast appearances and mentions of Gary S Wagner

Stijn Schmitz your host welcomes Gary Wagnar to the show. Gary Wagnar is Executive Producer of TheGoldForecast.com. In this detailed discussion about gold markets, Wagnar provides a comprehensive technical analysis of current gold trading conditions, highlighting significant market movements and potential future trajectories. Currently, gold is experiencing notable volatility, with prices dropping below $5,000 per ounce. Gary emphasizes the importance of the 50-day moving average as a critical technical indicator, noting that breaking below this level suggests a potential pivot from a bullish to a bearish market trend. He attributes the recent price decline primarily to the Federal Reserve’s decision to maintain current interest rates, which has dampened gold’s performance. Despite the short-term bearish outlook, Wagnar remains cautiously optimistic about gold’s long-term prospects. He points out that gold has still gained 16% over the past year, which is a significant performance compared to other commodities. The ongoing geopolitical conflicts and potential inflationary pressures from rising oil prices could provide future support for gold prices. Wagnar also discusses his technical analysis approach, particularly his preference for Japanese candlestick charting, which he believes offers superior visual insights into price movements compared to traditional Western bar charts. He uses Fibonacci retracement levels to identify potential support and resistance points, currently suggesting that gold could find support around $4,677 if the current downward trend continues. Timestamps: 00:00:00 – Introduction 00:00:45 – Market Volatility Overview 00:01:00 – Compelling Trading Setups 00:01:07 – Gold Technical Breakdown 00:01:43 – Geopolitical Conflict Impacts 00:02:40 – Federal Reserve Influence 00:04:51 – Gold Yearly Performance 00:05:30 – Miners Disparity Analysis 00:10:06 – Bull Market Cycle Position 00:10:15 – Candlestick Chart Techniques 00:27:19 – Long-Term Bull Outlook 00:33:39 – Oil Spike Inflation 00:37:23 – Silver Market Leverage 00:45:44 – Guest Service Details 00:53:36 – Concluding Thoughts Guest Links: Website: https://thegoldforecast.com X: https://x.com/TheGoldForecast Gary S. Wagner is the executive producer of TheGoldForecast.com – a daily video newsletter covering precious metals. He has been a technical market analyst for over 35 years. Since 2010 he has been a regular analyst for Kitco News, where he authors daily commentary “Hawaii 6-O”. He has written for Stocks & Commodities Magazine, Futures Magazine, Street, and Barons. He has been a speaker for many financial seminars like Dow Jones Financial Symposium or Futures West. Gary S. Wagner coauthored a book “Trading Applications of Japanese Candlestick Charting” a John Wiley publication. He also co-developed a software application for market forecasting called the “Candlestick Forecaster”. Considered as one of the first computer programs to recognize and identify Candlestick patterns. He was mentored by many great technical analysts like John Bollinger and Larry Williams.

On this episode we have Gary S. Wagner, who 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. The Co-author of "Trading Applications Of Japanese Candlestick Charting" a John Wiley publication. We break down some of the market uncertainty, and discuss what possible things need to occur to release price inflation. Check out Gary at - https://www.kitco.com/reporters/GaryWagner/ LinkedIn - https://www.linkedin.com/in/garyswagner/ --- Send in a voice message: https://anchor.fm/newgenmindset/message

Tom welcomes a new guest to the program, Gary Wagner. Gary has been a technical trader for over 25 years and is the executive producer of "The Gold Forecast," a daily video newsletter. Gary discusses how people are waiting for more stimulus, but the next program will likely not arrive until February. The economy continues to contract, and while some businesses are doing very well, others are being hit quite hard. The Fed has stated that interest rates will remain unchanged as they still have some options in their toolbox. Expect gold and equities to continue to do well in this environment. We've had the most massive budget deficit on record at three trillion to fund this crisis. There is still a lot of work to be done, and he expects that 2021 will have a similar or perhaps even larger deficit than 2020. The government will likely continue bailing out specific sectors through next year. Typically Democrats spend more than Republicans, and there is much uncertainty surrounding Trump. What America needs no matter who wins is a peaceful transition of power. From now on, there could be a lot more protests. Gary discusses how fast technology is moving quickly and why that makes him cheerful and optimistic about the future. Gary believes cryptocurrencies will find a place in the fabric of society. Crypto allows third world countries and developing countries to transfer value with relative ease. He likes silver as it will outperform gold during moves but will also correct harder to the downside. There is a finite amount of both metals, and there will always be intrinsic value with these assets. He discusses what being a hybrid technical trader means for him and how he was mentored by two great technical traders Larry Williams and Don Bollinger. He says, "Making money isn't that difficult. Keeping it is the hard part." Finding the tops is the hard part of the markets, and he discusses some of the alternative trading techniques he uses. Time Stamp References:0:00 - Introduction0:50 - Election thoughts.2:15 - Stimulus timeline.3:30 - NIRP not necessary… yet.4:30 - Pandemic and Vaccine.6:13 - Deficits next year could be huge.7:55 - Why the recent rally?9:40 - Liquidity risks and the Fed.11:20 - The new business normal.12:50 - Currencies and holding dollars.14:50 - Silver thoughts.16:00 - Hybrid technical trading.23:10 - Technical trading resources.25:30 - Price/stock moves going forward. Talking Points From This Episode Stimulus after the elections.Central bank policy.Expect a large deficit next year.Technical indicators and Eastern methods. Guest Links:Website: https://thegoldforecast.comTwitter: https://twitter.com/TheGoldForecast Book Suggestions:Seiki Shimizu: https://tinyurl.com/y3rp2be6MasterWorks: https://tinyurl.com/y48vz77dSteve Nison: https://tinyurl.com/y42a9yytTrading Applications: https://tinyurl.com/y45ku44l 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 and 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. He is co-author of "Trading Applications Of Japanese Candlestick Charting," a John Wiley publication. His specialties include Technical Market Analysis, Stocks, Commodity Markets, and Forex Exchange. He has a unique approach with Japanese Candlestick Charting in combination with Western Technical Analysis.

Gary is a master at making the complex simple. In just 4 charts he shows exactly where the economy is now in relation to the 2008-09 economic crisis and where it's probably heading. And equally as important, he makes a compelling case for the only insurance policy available to mere mortals, gold. 

Gary is a master at making the complex simple. In just 4 charts he shows exactly where the economy is now in relation to the 2008-09 economic crisis and where it's probably heading. And equally as important, he makes a compelling case for the only insurance policy available to mere mortals, gold.