Ira Epstein
Ira Epstein Articles
This is a day-trader's delight in this market. Gold above all its moving averages: Bullish. Upper Bollinger Band is $1,874.5 with support around $1,826.60.
Gold takes it on the chin as the markets interpret the FOMC Announcement yesterday to keep a June rate hike fully in play. Furthermore, silver continues to lose to gold via the gold silver ratio. Lastly, copper prices sink off of a...
What a day yesterday was in terms of Federal Reserve Policy. At yesterday’s press conference Fed Chair Yellen reversed course nearly 180 degrees. When the Fed raised interest rates in December 2015 the Fed Plot showed the Fed thinking 4...
After months of the Federal Reserve preparing us for a Fed rate hike, it’s here, done and gone. The day after impact of the first rate hike is resulting in lower commodity prices, a strong US Dollar and little impact on stock indices.
The Federal Reserve Open Market Committee’s Meeting takes place this coming Wednesday, March 18th. The question in front of the Fed is whether or not to remove the word “patient” which would imply a move to begin normalizing interest...
COMMENTARY: A number of factors have impacted gold in a positive way over the past 30-days. Egypt has entered a climatic period whereby the Egyptian Government has declared a month-long state of “emergency” The Egyptian Army today was...
