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Gold reaches record levels. Will the surge continue?

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When the Federal Reserve raised interest rates as expected, Gold and Silver Prices surged following Jerome Powell's comments on probable future interest rate directions. CPM Group's Jeffrey Christian discusses Powell's comments, and CPM Group's on whether prices will continue to rise, or if we can expect a pull back.

Jeff also discusses investor interest in gold and silver, what assets the world runs to in times of economic and political stress, and answers whether inflation can decline in a negative interest rate environment. He also discusses how gold and silver producers sell their metal, and it isn’t on the Comex.

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By

CPM Group

Contributing to kitco.com

Contact info@cpmgroup.com
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.