In this presentation, Jeffrey Christian of CPM Group discusses the latest surge in gold prices, which reached a new record of $2,564.60, as well as silver’s push toward $30. He reviews the factors driving these price movements, particularly the widespread euphoria surrounding potential interest rate cuts by the Federal Reserve.
Jeff also discusses common misconception regarding the Federal Reserve's actions, and the idea that the current rate hikes are unprecedented in U.S. history.
The video concludes with an update to CPM Group's Gold and Silver Price Projections, and responses to viewer questions from previous videos.