opinion

Gold and silver market update: What the Silver Act means for COMEX

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 market update: What the Silver Act means for COMEX teaser image

In this presentation, Jeffrey Christian of CPM Group discusses the current consolidation phase in gold, silver, platinum, and palladium markets and explains why recent price weakness does not necessarily signal the end of the broader precious metals bull market.

Jeff looks at the technical and fundamental factors driving gold and silver prices, including support levels, investor psychology, shifting economic expectations, and the possibility of a prolonged sideways trading period through the summer months before a continued upward move later this year.

The video concludes with a discussion on the proposed “Silver Act” introduced in the U.S. House of Representatives and what it could mean for COMEX silver depositories, market logistics, and precious metals trading infrastructure in the United States.

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:

goldsilverJeffrey ChristianSILVER ActCOMEX 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.