The truth about silver: what’s really driving prices and what isn’t

In this presentation, Jeffrey Christian of CPM Group provides a market update on silver, gold, and other precious metals, while addressing some of the persistent myths and misinformation circulating around the silver market.

He explains what’s actually driving silver prices in 2025, clarifying misconceptions about supply shortages, market deficits, and the role of solar panel demand. Jeff also discusses popular but inaccurate claims about the futures market and general market manipulation. Instead, he offers a data-backed perspective on what is real and what isn’t.

Jeff also discusses CPM Group’s outlook for gold, silver, platinum, and palladium as well as how fear-based narratives have skewed investor understanding of economic conditions and financial markets.

This is the second of a three-part series focusing on gold, silver, and dollar misinformation.

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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Jeffrey Christian silver

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.

opinion

The truth about silver: what’s really driving prices and what isn’t

By CPM Group

Kitco Commentaries
Opinions, Ideas and Markets Talk

CPM Group

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opinion

The truth about silver: what’s really driving prices and what isn’t

By CPM Group

Kitco CommentariesOpinions, Ideas and Markets Talk

CPM Group

Tags:

Kitco Commentaries
Opinions, Ideas and Markets Talk