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Gold and silver: how to lose your money

Commentaries & Views

There is an increased level of chatter amongst alarmist gold and silver personalities trying to worry investors about an upcoming "economic collapse". CPM Group's Jeff Christian discusses why investors should not fall prey to them, even in the face of a recession.

He then provides an update on gold and silver, analyzing that the the fear of interest rate hikes have fueled the recent decline in almost all markets. CPM Group sees this price decrease as an interruption in a longer upward trend, and that we should continue to expect volatility leading up to the Fed meeting next week.

Jeff concludes the presentation with an anecdote about Jack Dorsey, and why knowing when to sell an asset is just, if not more important than knowing when to buy.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.