Excluding this latest monster record bull, the ten-biggest and ten-most-overbought cyclical-bull toppings since 1971 averaged subsequent big-and-fast drawdowns around 21% in just over a couple months.
Ira Epstein covers the recent turmoil in the metals and stock markets, highlighting significant declines such as silver reaching $64 an ounce and gold dropping $1,000 from its peak.
Ira Epstein discusses the current geopolitical tensions between Iran and the United States, focusing on the potential implications for the metal markets, particularly gold.
Ira Epstein discusses the recent movements in the metals market, highlighting significant gains in gold, silver, and platinum, while copper attempts to stabilize.
In the shorter term, I would be prepared for just about anything. There’s supply and demand, but again, there’s still the ability of heavy chunks of sell orders to push the price lower...
While time isn’t part of Ewave analysis, we do expect very high volatility within wave (iv) as it develops over the next 3 to 6 months and perhaps for the rest of 2026!