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Metals: Current Rally Likely in Consolidation Phase

Ira Epstein discusses the current state of the metal markets, highlighting the influence of political factors on market dynamics, including the impact of inflation and the Trump administration's handling of economic issues. He mentions upcoming economic indicators like jobless claims and PMI data, which are crucial for market analysis. Epstein also touches on the rising costs of living, exemplified by fuel prices, and emphasizes the unavoidable intersection of politics and trading, particularly in futures and ETFs. Additionally, he notes the emerging trend of perpetual futures in the cryptocurrency market, which could further influence market movements.

 

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