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.
Ira Epstein emphasizes that while the markets reacted strongly, assuming a resolution to the U.S.-Iran conflict, caution should be exercised until further developments occur.
While this is not a signal that a bear market has indeed begun, it is a warning that the environment is ripe for one to begin, especially as we complete a 5-wave rally into a high.
Ira Epstein touches on the potential for inflation to influence the metals market, suggesting that while inflation is not yet present, it is likely to become a significant factor soon.
