Ira Epstein discusses the latest developments in the metals market, highlighting the potential impact of a government shutdown due to stalled legislative efforts on a stopgap bill. He mentions a conversation between Presidents Trump and Xi, noting that while no significant progress was made, it set the stage for future talks.
Epstein also covers the U.S. Steel Corp.'s halted production plans, influenced by government intervention, and emphasizes the Federal Reserve's recent interest rate cut and its implications. He concludes by analyzing gold's performance, advising clients to look for buying opportunities amid market fluctuations.