In this presentation, Jeffrey Christian of CPM Group gives a precious metals update covering the gold price outlook, silver market update, platinum and palladium weakness. He also covers ETF selling, what lower coin premia say about investor demand and re-sales, Comex inventory levels not falling, U.S. GDP, inflation pressures, and how Treasury gold revaluation rumors would be meaning to both world gold prices and the U.S. government’s deficit and debt problems.
Jeff explains why gold is testing the $4,100 area, why a move toward $3,800 remains possible, and why silver’s break below $60 reflects continued price consolidation, investor selling, and weaker short-term sentiment.
Jeff also discusses what precious metals investors should focus on and what they can safely ignore. He reviews recent U.S. economic data, including real GDP, disposable personal income, consumer spending, and the personal consumption expenditures price index, explaining why the economy has remained stronger than many expected. He also looks at gold ETF holdings, silver ETF holdings, platinum and palladium ETF selling, and the flow of coins and bars back into the dealer and refinery market.
The presentation also the July silver futures roll.
CPM thanks Monetary Metals for making this paid CPM research available to our viewers.
If you're interested in learning more about how gold leasing works, visit
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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.
