opinion

Why Silver Hit 13 Year High: Will Precious Metal Prices Continue To Surge?

Kitco Media
By CPM Group
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Kitco Commentaries
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(Kitco Commentary) - In this presentation, Jeffrey Christian of CPM Group provides a market update on gold, silver, platinum, and palladium; while addressing the myths and misinformation circulating about Comex silver inventories and deliveries.

He discusses the sharp price rise in silver, which briefly broke above $39 per ounce for the first time since 2011, and explains what’s actually behind the move, discussing the difference between investor interest and physical market fundamentals.

Jeff also reviews the latest inflation data, showing how rising electricity and natural gas prices are influencing the CPI, and what that means for interest rate expectations and Federal Reserve policy. He offers additional insight into gold, platinum, and palladium price movements, and explains why much of the current narrative around these markets is being driven by speculation rather than structural shifts in supply or demand.

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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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goldsilverinflationCPIConsumer Price Indexcpm group
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.