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.
These amazing and fantastically-resilient gold prices guarantee the mid-tiers will report an even-better Q1 in a couple months. That will further improve their outstanding fundamentals...
Ira Epstein notes the disconnect between rising oil prices and falling gold prices, emphasizing the unpredictable and hit-and-run nature of trading in these conditions.
