Gold is likely going to $20,000, but it’s not going there in a straight line. When there are swoons in the price, there can be significant swoons in the emotional state of a gold bug...
By publishing this study, the Fed may also be sending an indirect message: depositors have a responsibility to understand the condition of the banks holding their savings.
Ira Epstein discusses the current state of the metal markets, noting a seasonal decline in gold prices and similar trends in silver, copper, and platinum.
The People’s Bank of China reported its 17th consecutive gold purchase in March, adding five tons to reach 2,313 tons, equal to 9% of total foreign reserves.
Ira Epstein examines the gold market's technical aspects, emphasizing the bearish pattern and volatility, and notes the challenges of trading options compared to futures.
Wave (iv) is going to become more complex than just a simple 3-wave corrective pattern, as it looks like we only completed wave -a- at the 4099.60 low.
This has been a tough time to be a gold bug. But as the gold bugs know, we’ve been through this before. Many
are pointing to $6,000 gold, even up to $10,000.
Ira Epstein discusses the current state of the metal markets, highlighting the impact of geopolitical tensions, particularly U.S.-Iran relations, on market dynamics.
