Metal Markets Report For Wednesday, Dec 10

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

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In this video, Ira Epstein covers the recent Federal Reserve decision to implement a dovish cut by initiating a $40 billion monthly purchase of short-term treasuries, likening it to a form of quantitative easing. He discusses the Fed's skepticism about the accuracy of recent job data, suggesting that job creation figures may be overestimated.

Epstein also analyzes the metals market, noting a sharp rise in gold and silver prices, while highlighting the volatility in platinum and copper markets.

Additionally, he comments on the potential weakening of the U.S. dollar, suggesting that despite temporary support, it may continue to decline.


Video Length: 00:06:21


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