Contributed Commentaries
Gold and Silver Exposed To Summer Heat, Inventories Not A Problem
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
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Jeffrey Christian discusses CPM Group's shorter term gold and silver price expectations facing a summer with another likely interest rate increase, less negative consensus views on the economy, but a number of problems still facing the world. He then discusses gold and silver market inventories, pointing out that Comex registered silver inventories that were built up during the 2015 – 2020 bear market for silver are coming down, but are still higher than they were at the start of that increase.
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.
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