opinion

Gold and silver Alert: The risks are building beyond the metals market

Kitco Media
By CPM Group
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Gold and silver Alert: The risks are building beyond the metals market teaser image

In this presentation, Jeffrey Christian of CPM Group discusses what could drive the next sharp rally in gold and silver and how investors can prepare for rising economic, political, and financial risks. With gold trading around $4,300 and silver around $64.60, he explains why CPM continues to see upward pressure despite the retreat from the highs earlier this year.

CPM believes a recession is likely at some point over the next two to three years and that gold and silver could reach new record prices as the conditions leading toward that recession develop. Jeff examines stock market valuations, concentrated equity gains, bond market risks, high housing prices, and government, corporate, and private debt. He explains why recessions typically emerge from a combination of pressures and why their timing, depth, and duration remain uncertain.

The presentation also explains why CPM currently favors gold and silver over platinum and palladium when considering economic and financial risks. Gold and silver trade heavily as financial assets, while platinum and palladium remain more exposed to industrial demand, particularly automotive catalysts. Jeff discusses a potential platinum trading range of roughly $1,550–$2,000 over the next couple of months, alongside palladium support around $1,180–$1,200 and resistance near $1,450.

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CPM Group

CPM Group is a commodities research, consulting, financialadvisory and commodities management firm providing independent research,analysis and advisory services related to commodities markets, corporate andproject finance, and the financial management of exposure to commodity orientedinvestments.

We started our business in 1986 predicated on the idea that commoditiesresearch and advice is best delivered by independent experts who do not work forbanks, brokers, mining companies, or any other entity that has interests thatcould conflict with the best interests of the clients receiving the research,analysis, and advice.

All of our work is driven by fundamental commodities research and economicanalysis. As we undertake our research into individual commodities markets wegather a tremendous amount of information and develop an enormous body ofextremely high quality, unbiased analysis of the markets and the companies thatare involved with individual commodities. The outputs of our research andanalysis take the form of research reports, specialized and targeted consultingrelated to these markets, financial advisory services ranging from corporate andproject finance structuring to equity introductions, and managing specificcommodities and investment positions for clients.

CPM Group continues to demonstrate the economic value and financial worth ofsuperior research, information, and analysis. Our research is based onmicro-economic analysis of the individual components of each commodity market,wedded with a top-down macro-economic analysis of the global trends affectingthese markets. We apply the results of that analysis to our research,consulting, and advisory services.

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