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The Federal Open Market Board has actually announced a doubling in the rate of possession tapering on Wednesday.
The Dot Plots show that there will be approximately three price hikes in 2022, 3 more in 2023, and also 2 in 2024, all in increments of 25 basis points.
Gary Wagner, editor of TheGoldForecast.com goes over with David Lin, anchor for Kitco News, the effect that financial plan next year will certainly carry economic markets.
Adhere To David Lin on Twitter: @davidlin_TV ()
Follow Kitco News on Twitter: @KitcoNewsNOW ()
Follow Gary Wagner on Twitter: @garyswagner ()
#gold #silver #Fed
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How high can gold & silver go in 2022? Rates to rise, here's the impact on markets - Gary Wagner
The Federal Open Market Committee has announced a doubling in the pace of asset tapering on Wednesday.
The Dot Plots indicate that there will be an average of three rate hikes in 2022, three more in 2023, and two in 2024, all in increments of 25 basis points.
Gary Wagner, editor of TheGoldForecast.com discusses with David Lin, anchor for Kitco News, the impact that monetary policy next year will have on financial markets.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Gary Wagner on Twitter: @garyswagner (https://twitter.com/garyswagner)
#gold #silver #Fed
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
