(Kitco Commentary) - In this presentation, Jeffrey Christian of CPM Group gives a precious metals analysis covering the gold price outlook, silver market update, platinum and palladium weakness, and the growing risks affecting financial markets. He explains why gold is testing $4,100, why a break lower could point toward $3,800, and why silver is testing support near the low $60s. He also discusses why any sharp spike lower in gold or silver may be short-lived.
Jeff also discusses new risks being added to the existing economic, political, social, and financial risks that have supported gold and silver prices over the past several years. He reviews the new Federal Reserve chairman, the Fed’s shift toward less transparency, and why reduced information from central banks may increase uncertainty for consumers and investors and make good decision making more difficult.
The presentation also covers artificial intelligence, misinformation, private equity, private debt, shrinking public markets, opaque valuations, and financing structures that may increase future economic volatility. Jeff explains why these risks may be negative for the broader economy but supportive for gold and silver over time.
