Skip to main content

Metals: Fed Chair Causes Gold to Rally!

Ira Epstein discusses recent market events and their impact on the metals market in his Metal Market Wrap-Up. He explains how severe weather conditions affected his area, but he managed to resume operations with backup systems. Epstein covers the Federal Reserve's current stance, highlighting Kevin Warsh's comments that market forces will dictate interest rates, leading to a surge in gold prices and a drop in the dollar while the stock market fell. He also touches on geopolitical tensions involving Iran and their implications for energy inflation, suggesting that these factors contribute to the metals market's movements, with gold and silver showing resilience amid inflationary pressures.

 

About the author

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina