I often get asked the question, “When will the miners outperform gold?”. The answer is, “Whenever they reach a buy zone. From there, dramatic outperformance occurs!”.
Epstein notes ongoing tensions in the Strait of Hormuz affecting oil supply chains and the implications of a recent appellate court decision, which could influence metal market rallies.
Ira Epstein examines the impact of recent events on financial markets, noting a rally in both the stock market and gold, and emphasizes the importance of upcoming economic indicators.
China is set to ease licensing rules for gold imports and exports to facilitate trade, according to an announcement by the People’s Bank of China and the General Administration of Customs.
Gold seems to be uncertain as to which way to turn. Stronger-than-expected jobs data puts upward pressure on bond rates. But sinking consumer sentiment puts downward pressure...
Gold investors have vast room to keep buying, which will accelerate on the looming stock-market bear and war inflation. Gold could very well again defy the odds to remain high.
Ira Epstein discusses the current state of the financial markets, focusing on a correction in the stock market and movements in gold and silver prices.
The fact that we finally did get an ABC correction is actually a very good thing. It means we’re back in the wall of worry, and that extends the bull market more years.
