With respect to Gold potentially correcting at least over the near-term, the above graphic’s graveyard regardless reminds us that “Shorting Gold is a bad idea.”
The fundamentals for the gold bull market have not changed. All the corrections since the beginning of 2024 have been sideways churns. Markets just don’t go straight up forever.
Ira Epstein provides insights into gold's technical patterns, emphasizing its bullish signs, and analyzes the gold-silver ratio, which has decreased significantly since May.
Silver at $125.00+ and Gold at $6500+ by May 2026 will not surprise me -- I am investing every month in physical silver. I am against lump-sum investing in physical gold and silver at current prices.
Ira Epstein discusses the ongoing rally in the metals market, highlighting a 2.5% increase in gold prices and the challenges faced in the gold-silver ratio.
Despite the modest dip, silver’s rally remains impressive: prices have surged past $50 for the first time since the Hunt brothers’ infamous 1980 cornering attempt, up 66% year-to-date...
