Ira Epstein discusses the significant downturn in the metals market, highlighting declines in gold, silver, copper, and platinum after earlier rallies, particularly in silver. He delves into geopolitical tensions affecting the markets, including confusion over a two-week ceasefire agreement involving Israel, Lebanon, and Iran, and the implications of potential tariffs on the Strait of Hormuz.
Epstein also mentions President Trump's controversial stance on allowing Iran to charge tariffs and accept crypto payments for oil passage.