
In this presentation, Jeffrey Christian of CPM Group provides an update on the current state of the gold and silver markets.
He discusses the market’s anticipation of lower interest rates, following comments from Fed Chairman Jerome Powell, and what it means for the gold, silver and concerns for the overall economy. Jeff emphasizes the implications of these potential rate cuts, show the Fed’s concerns about recessionary conditions rather than just inflation management. He also discusses the volatility of gold and silver prices, reflecting investors’ anxiety over global economic and political pressures.
The presentation concludes with a discussion about the myth of the so called “Petro-dollar deal,” explaining that no such exclusive agreement ever existed between the U.S. and Saudi Arabia.
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