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In this presentation, CPM Group’s Jeffrey Christian provides a market update, discussing today’s decline in gold and silver prices and the reasons behind this drop.
The conversation then shifts to the seasonal patterns in precious metals and the usual downturn starting in May.
While the strategy of “Sell in May and go away” has generally proven effective, it has been disrupted by significant economic and political events. Given the current economic and political environment, CPM Group expects 2024 to be a year when this pattern may be further disrupted.
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