Ira Epstein discusses the current state of the metal markets, highlighting significant declines, particularly in silver, while noting that platinum remains relatively stable. He mentions that gold has fallen below the 4000 level and analyzes the weekly chart trends. Epstein also touches on broader economic news, including upcoming data releases such as housing starts, import-export prices, and consumer sentiment indices. Additionally, he comments on the political landscape, noting the refusal of major networks to cover the President’s speech and its potential impact on market sentiment, particularly in the energy sector.
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