Ira Epstein discusses the recent movements in the stock and metals markets, noting a decline in stock indices and a dip in metal prices, while highlighting the dollar’s weakness against other currencies. He predicts potential reversals in market trends and emphasizes the importance of upcoming economic data releases, including the NFIB Optimism Index, Advanced Retail Sales Numbers, and the USDA’s Grain Report. Epstein also analyzes the current state of the gold market, observing a non-trending pattern with potential breakout points and comments on the gold-silver ratio’s stability.
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