Ira Epstein discusses the significant events in the metal markets on November 12, 2025, highlighting a surprising rally in gold prices, which reached contract highs. He notes the broader stock market movements, particularly the record highs achieved by the Dow, driven by strong performances in bank and credit card stocks. Epstein also mentions the ongoing developments in Congress regarding the government’s reopening, expected to be finalized soon. Additionally, he touches on currency trends, particularly the weakness in the Japanese yen and Canadian dollar, and shares insights into the gold-silver ratio, observing a relative strength in silver.
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