Ira Epstein discusses the metal market activity on President’s Day, noting significant declines in gold, silver, and platinum prices. He highlights the geopolitical tension involving U.S. military assets near Oman, which could influence market dynamics, particularly in crude oil. Epstein also touches on upcoming economic reports, including the New York Empire State Manufacturing Survey and the NOPA soybean crush report, while expressing skepticism about the progress of U.S.-Iran talks. He concludes by analyzing the current trends in gold and silver, indicating a lack of clear direction in the markets.
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