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Gold Breakdown

Ira Epstein discusses the significant downturn in the metal markets, which he attributes to broader market movements and geopolitical tensions, particularly the ongoing conflict involving Iran. He notes the sharp decline in the 10-year note yield from 5.35% to 4.9%, indicating a reversal in interest rate expectations. Epstein also highlights the strategic maneuvers by Iran to influence oil prices and the economic pressures resulting from their depleted oil reserves. He offers a 7-day trial for his financial services, providing trade alerts and market insights, emphasizing the importance of staying informed amid these volatile conditions.

 

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