Ira Epstein discusses the downturn in the metal markets, highlighting significant declines in gold, silver, copper, and platinum prices. He attributes this to a strong dollar and a substantial drop in energy prices, which has diminished the inflation narrative. Epstein also touches on geopolitical tensions between Iran and the U.S., affecting the energy sector and, by extension, the metals market. Additionally, he previews upcoming economic data releases, such as jobless claims and personal income spending, which are expected to reflect high inflation but are based on outdated data. Lastly, he mentions solid earnings from Micron and promotes a suite of trading tools available on his website.
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