opinion

Gold and silver prices hold steady but a big push is coming

Kitco Media
By CPM Group
Published:
Updated:
Kitco Commentaries
Opinions, Ideas and Markets Talk

Featuring views and opinions written by market professionals, not staff journalists.

Gold and silver prices hold steady but a big push is coming teaser image

In this presentation, Jeffrey Christian of CPM Group provides a market update on gold, silver, platinum, and palladium, and discusses how government borrowing and debt impacts private sector lending.

He looks at recent price movements in precious metals and why markets are waiting for signals from the upcoming Jackson Hole symposium, and indications of interest rate changes from the Federal Reserve. Jeff explains why gold and silver prices could move sharply in either direction depending on how the Fed’s remarks are interpreted, and discusses CPM's views.

The video concludes with a look at U.S. federal debt, its historical growth, and the question of when government borrowing begins to squeeze out private sector credit. Jeff explains why there is no single definitive threshold, but notes that rising deficits and mounting debt add long-term risks for businesses, consumers, and the financial system as a whole.

Kitco Media

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.

Mdi Earth Logo

Tags:

goldJeffrey ChristianFederal Reservesilverplatinumpalladium
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.