Ira Epstein discusses the current state of the metals market, highlighting a rise in prices amid geopolitical tensions between the U.S. and Iran. He describes the unsuccessful negotiations involving Steve Witkoff and Jared Kushner, with Iran's continued uranium enrichment contributing to market uncertainty. Epstein also mentions upcoming economic indicators, such as the January producer price indices and the Chicago PMI, which could influence market movements. Additionally, he analyzes the technical patterns in the gold market, noting a potential breakout and the market's overbought condition, while also touching on the gold-silver ratio's impact on silver's relative value.
February 27, 2026