Ya gotta love October. Silver finds fresh sky above 50 even as Gold takes a gut-punch from its new 4081 high, and the S&P at long last says “Goodbye!” Recall our closing query from a week ago?
After the rebalance of super-stretched technicals and sentiment, gold miners’ epic fundamentals still support much-higher price levels in coming years. Q3’s earnings season will prove phenomenal.
Ira Epstein observes significant volatility in metals like gold and silver, and suggests alternative trading strategies such as ETFs for those wary of such fluctuations.
Ira Epstein discusses the current state of the metal markets, highlighting the unusual behavior of gold, which has reached $4,014 despite a stronger dollar.
Gold and silver are rising amid the U.S. government shutdown. Sustained gains will depend on increased investment in bullion-backed ETFs, which grew by 111 tons (3.8%) last month...