Prepare for higher interest rates and lower gold and silver prices - gold and silver forecast
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
Jeffrey Christian discusses two key upcoming signals that can lead to higher interest rates and lower gold and silver prices. He explains that even though CPM Group expects lower prices following Jerome Powell's confirmation hearing, we expect higher interest rates to help the price of Gold and Silver in the long-term.
Jeff continues the conversation discussing the economic conditions likely to have the greatest influence on gold and silver prices at present based on fundamental trends presented in this video.
The conversation concludes with a history of CPM Group, the history of precious metals fundamental research, and what CPM does to provide estimates of precious metals fundamentals in these secretive asymmetrical markets.