Gold and silver: trading, leasing, and banking explained
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
In this presentation Jeffrey Christian of CPM Group discusses the outlook for gold and silver following the recent employment data that was made available. Jeff then takes a deeper dive into how precious metal banking, leasing, and trading work, explaining the services banks and trading companies, the difference between a depository and the depositors of metal in that vault, and how running hedged metal banking service companies can provide steady profits in the face of volatile gold and silver prices.