Ira Epstein discusses geopolitical tensions impacting the metal and energy markets, focusing on the conflict involving Israel, Iran, and Qatar, which has disrupted natural gas supplies.
The recent fall in gold and silver was just a correction and nothing else. Copper should have fallen much, much more. $12200 LME is not even a proper correction for me.
Clearly, all citizens need to accumulate gold, now, and for the rest of their lives. $5000 (now), $4850, and $4650 are three great zones to eagerly grab more gold, silver, and miners.
Ira Epstein comments on the current state of the stock and metal markets, which appear stable yet heavy, and the ongoing uncertainty in energy markets due to geopolitical conflicts.
Ira Epstein discusses the current state of the metal markets, noting a decline in metals and stability in energy markets, while bond yields saw a slight rally.
Gold is pulling back for its second consecutive weekly decline, pressured by a stronger dollar and rising inflation expectations as the U.S.-Iran conflict keeps oil near $100 per barrel...
Why is the gold price not rising despite the Iran war and the rise in crude oil prices? The answer is to look at the gold-crude oil ratio as one of the reasons.
