Metal Markets Report For Wednesday, Dec 17

Image Source: Pixabay
In this video, Ira Epstein discusses the recent surge in metal markets, highlighting silver's near all-time high at almost $67 and gold's performance relative to silver. He explains the implications of upcoming economic data releases, including jobless claims and the Consumer Price Index (CPI), noting that the CPI is not meeting the Federal Reserve's inflation target.
Epstein also touches on the significance of AI stocks and their potential, while expressing belief in AI's transformative impact. He analyzes the gold market's technical indicators, noting its current uptrend and the potential for further gains if certain conditions are met, such as the embedding of the slow stochastic.
Additionally, he mentions the gold-silver ratio's movement and the concept of a Santa Claus rally in the financial markets.
Video Length: 00:06:46
&
More By This Author:
Financial Markets Report For Wednesday, Dec 17Metal Markets Report For Monday, Dec 15
Financial Markets Report For Monday, Dec 15