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.
Ira Epstein notes that the energy price increases are pressuring interest rates and strengthening the dollar, which in turn affects metal prices negatively.
I urged gold bugs of the world to buy modest gold, silver, and mining stock positions at $5100. That’s proved to be a solid support zone for the price.
Ira Epstein notes the anticipation of upcoming economic data releases, such as the National Federation of Independent Businesses report andmore, which could impact market directions.