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In this video, Ira Epstein discusses the performance of the metal markets, highlighting that gold held steady at the $4,000 level and silver remained stable under $50, despite a broader market downturn. He notes the lack of movement in the dollar and foreign currencies, attributing some market activity to increased jobless claims, which indicate a weak labor market.

Epstein also touches on potential tariffs on Russian oil and their implications, as well as upcoming economic indicators, including trade balance data and earnings from NVIDIA (NVDA), which could influence market sentiment.

Additionally, he mentions the Federal Reserve's indecision regarding interest rate cuts and the anticipation surrounding President Trump's potential Fed nominee.

Video Length: 00:07:53

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