Contributed Commentaries
Gold and silver face stormy summer weather
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
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The recent investor confidence boost in the ability of the Federal Reserve and other central banks to manage their economies and avoid a 2023 recession has resulted in further reductions in investor demand and gold and silver prices. CPM Group’s Jeffrey Christian discusses CPM Group’s outlook for the precious metals, and why prices may continue to decline this summer.
Jeff also discusses the benefits of producer hedging, and how it should create extra value for the companies and their shareholders, disputing the unsupportable opinion that hedging price exposure should solely be undertaken at the shareholder level and that financial management of commodities price risks by mining company executives should be avoided.