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Selling Pressure in Metals

Ira Epstein discusses the current state of the metal markets, noting a decline in metals and a rise in the dollar and energy markets, excluding natural gas. He highlights geopolitical tensions, particularly President Trump's rejection of Iran's proposal concerning oil sanctions and the Strait of Hormuz, influenced by China's involvement. Epstein also anticipates an announcement from trade representative Jameson Greer regarding U.S.-China trade deals, suggesting it may not be significant given President Trump's absence. Additionally, he mentions his subscription service offering detailed trade recommendations and market analyses, which are not available to the public in his free updates.

 

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