Phenomenal fundamentals don’t mean now is a great time to add gold-stock positions. Gold remains extremely-overbought and drenched in greed, overdue for a healthy reckoning.
There’s a lot of talk about how the gold and silver prices could be affected by the rebalancing of the Bloomberg Commodity Index and the S&P Goldman Sachs Commodity Index.
Ira Epstein discusses the upcoming release of the December nonfarm payrolls data, highlighting expectations for 75,000 new jobs and a jobless rate potentially falling to 4.5%...
Ira Epstein provides insights into gold's recent performance, questioning whether a short-term top is forming, and explains technical indicators such as swing lines and Bollinger Bands.
Ira Epstein discusses the current state of the metals market, noting that silver has increased by $1.19, gold is up by 8.6, while copper remains flat, and platinum has decreased.
Ira Epstein discusses market reactions to President Trump’s capture of Venezuela’s President Maduro, focusing on geopolitical implications and potential impacts on the oil market.
