Gold and Silver At Record Levels: More To Come?
In this presentation, Jeffrey Christian of CPM Group provides a market update on gold, silver, platinum, and palladium, while also reviewing fresh U.S. economic data and provides actual Chinese platinum import data showing the 16% drop so far this year.
Jeff discusses gold’s rise toward $3,800 in historical context, noting both cyclical and secular forces that continue to shape the market. He explains why political tensions, inflationary pressures, and economic uncertainty support elevated prices, while also noting that markets move in cycles and corrections are part of the long-term picture.
He also looks at silver’s strength, clarifies why reports of tight supply are overstated, and focuses on platinum and palladium’s recent moves, pointing to investor speculation and inventory building as reasons for the upward movement.
The presentation concludes with a look at GDP, industrial production, personal spending data, and Chinese platinum imports, showing that much of the hype about surging demand is just that. Hype.
#gold #silver #preciousmetals #commodities #investing #gdp
0:00 – Market Update: Gold, Silver, Platinum, Palladium
1:55 – Gold in Historical Context: Cycles and Secular Trends
6:10 – Silver Strength & Supply Myths Explained
7:34 – Platinum & Palladium: Investor Speculation vs. Fundamentals
10:46 – U.S. Economic Data: GDP, Spending & Inflation Signals
15:08 – Chinese Platinum Imports: Hype vs. Reality
