Metal Markets Report For Friday, Dec 12

Gold, Bars, Wealth, Finance, Gold Bars, Deposit

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In this video, Ira Epstein discusses the recent movements in the metals market, highlighting the disparity between silver's $2.50 drop and gold's $15 rise, suggesting an overextended spread that may correct. He analyzes the bullish setup in gold, noting its proximity to all-time highs and the influence of central bank actions, such as the Fed's interest rate cuts and mini-QE.

Epstein also examines the technical aspects of gold and silver, pointing out the overbought conditions and potential for embedding in the slow stochastics.

Additionally, he touches on copper's resistance at the Bollinger Band and the broader market's reaction to AI skepticism affecting stocks like Oracle (ORCL) and Broadcom (AVGO).

Video Length: 00:05:50


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