Metal Markets Report For Monday, Nov 3

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

Image Source: Pixabay
 

In this video, Ira Epstein discusses the current state of the metals market, noting significant declines in gold, silver, and copper prices, while the dollar strengthens, approaching the 100 level. He reflects on the broader economic context, emphasizing the ongoing impact of currency debasement and the role of government spending, tariffs, and artificial intelligence in shaping the economy.

Epstein also touches on the energy market, highlighting Russia's efforts to influence OPEC production levels amidst geopolitical tensions.

He concludes by observing consumer behavior, with luxury goods sales rising among the wealthy, while the broader public feels financial strain, as evidenced by slipping retail sales figures.

Video Length: 00:08:13


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