Gold & silver forecast: the impact of interest rates and banking mismanagement
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
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With financial conditions looking eerily similar to the 2008 Financial Crisis, CPM Group's Jeffrey Christian examines what may have gone wrong with the Silicon Valley Bank failure, and whether it was interest rates or incompetence that lead to the bank's demise (or whether it was both). He also looks at interest rates and puts them in a historical perspective. While they currently seem high, they are relatively low by historical levels. Jeff also looks at the price of gold as interest rates rise and fall, and whether there is any correlation with the price of gold.