Markets In Turmoil Amid Negative GDP | Gary Wagner

GDP fell 1.4% in the first quarter of this year. China is shutting down. And the Fed is expected to further tighten monetary policy. The Dow reacted by falling by nearly 1000 points. Gold and silver fell as well. Gary Wagner of The Gold Forecast says we saw "solid pressure" in equities this week and considers it possible we could see further downside. It's very likely precious metals have bottomed, he says.

0:00 Intro
1:08 Turmoil in markets
5:03 Further decline
7:13 Silver forecast
11:34 Inflation pressures
13:57 Fed policy
18:43 The Gold Forecast
21:05 Miles Franklin
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