Maharrey argued wars often give gold and silver an initial safe-haven bump, but over time, monetary policy tends to matter more. In his view, the Federal Reserve remains the key driver.
While the market digests recent excesses, the underlying case for gold—as a hedge against debt, fragmentation, and geopolitical risk—continues to strengthen.
The fact that we finally did get an ABC correction is actually a very good thing. It means we’re back in the wall of worry, and that extends the bull market more years.
Ira Epstein emphasizes that while the markets reacted strongly, assuming a resolution to the U.S.-Iran conflict, caution should be exercised until further developments occur.
