In this presentation, Jeffrey Christian of CPM Group looks at the latest CPI and PPI data and discusses CPM Group’s revised global economic outlook.
Jeff also provides an update on gold and silver’s dramatic price movements, the underlying factors driving this momentum, and increased economic uncertainty that could further exacerbate market instability. Additionally, he provides insights into recent COMEX silver contract liquidations, shifts in open interest, and physical delivery trends.
The video concludes with a look at CPM Group’s outlook for gold, silver, platinum, and palladium; and the indicators that will determine the metals next move.
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.
Read More: Gold and silver market update: inflation, recession, and precious metals