Silver's price pushes back up: What will spark the next spike?

Kitco Media
By CPM Group
Published:
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Kitco Commentaries
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Featuring views and opinions written by market professionals, not staff journalists.

Silver's price pushes back up: What will spark the next spike? teaser image

In this presentation, Jeffrey Christian of CPM Group discusses recent silver market developments ahead of the May COMEX futures contract deliveries. He explains silver's recent volatility, and how shifts in COMEX open interest, from May to July contracts, could determine silver's next move.

Jeff also looks at physical silver holdings in COMEX depositories, emphasizing the available supply across registered and eligible inventories. Additionally, he covers investor behavior in different markets, and why North American and South Asian markets are unique in their silver buying strategies compared to the more global gold focus.

The presentation concludes with a market update, and CPM's latest views on short and medium-term gold, silver, platinum, and palladium markets. 

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CPM Group

CPM Group is a commodities research, consulting, financialadvisory and commodities management firm providing independent research,analysis and advisory services related to commodities markets, corporate andproject finance, and the financial management of exposure to commodity orientedinvestments.

We started our business in 1986 predicated on the idea that commoditiesresearch and advice is best delivered by independent experts who do not work forbanks, brokers, mining companies, or any other entity that has interests thatcould conflict with the best interests of the clients receiving the research,analysis, and advice.

All of our work is driven by fundamental commodities research and economicanalysis. As we undertake our research into individual commodities markets wegather a tremendous amount of information and develop an enormous body ofextremely high quality, unbiased analysis of the markets and the companies thatare involved with individual commodities. The outputs of our research andanalysis take the form of research reports, specialized and targeted consultingrelated to these markets, financial advisory services ranging from corporate andproject finance structuring to equity introductions, and managing specificcommodities and investment positions for clients.

CPM Group continues to demonstrate the economic value and financial worth ofsuperior research, information, and analysis. Our research is based onmicro-economic analysis of the individual components of each commodity market,wedded with a top-down macro-economic analysis of the global trends affectingthese markets. We apply the results of that analysis to our research,consulting, and advisory services.

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