Metal Markets Report For Thursday, June 26
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In this video, Ira Epstein discusses the current state of the metal markets, highlighting the impact of the stock market's proximity to all-time highs and the euphoria of FOMO, which is drawing money away from gold. He explains that with the end of conflicts in Israel and Ukraine, and the market's anticipation of a potential Fed rate cut, gold is not as attractive, as it does not provide dividends.
Epstein also touches on the stability of energy markets, the potential for continued tariffs, and upcoming economic data releases, such as the PCE price index and consumer sentiment, which could influence market movements.
Video Length: 00:11:22
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