Ira Epstein discusses the current state of the metal markets in his Metal Market Wrap-Up, addressing geopolitical tensions and their impact on market dynamics.
There will be a new wave of rise in silver, copper, and all non-ferrous metals if the price rises or remains firm. I do not see any reason to short sell precious metals...
Despite gold’s nearly 10% pullback from its January record amid Middle East–driven volatility, major banks remain constructive on the long-term outlook.
Any long trade in a bull market is going to be a winning trade because the bull market will eventually correct your timing mistake...it’s not over yet. We still have further to go.
Ira Epstein discusses the current state of the metal markets, noting that they are not in a state of collapse but have not reacted favorably amidst ongoing geopolitical tensions...
In all cases, we should expect gold to move higher in wave -b- over the next couple of weeks. Projections for the end of wave 3 are: $5,936.00 and $9,033.60
