Jeff Christian – “Gold and Silver Market Outlook: The New Debt Ceiling Problem” (Video)

Congress has passed a debt ceiling deal and has suspended the U.S. debt ceiling through January 1, 2025.

CPM Group’s Jeffrey Christian analyzes the implications of 1 January 2025 as the end-date of the agreement, and discusses some of the reasons it may set the U.S. government up for another round of stalemated government reducing the reputation of the government again at a highly inopportune time, with a lame duck Congress and probably a lame duck President needing to compromise after a nasty election during an extended holiday recess.

Jeff also discusses long-term gold and silver prices, the strong investment demand for each precious metal, and the improbability for gold to reach $30,000 and silver to reach $3,000 in the near future.

Courtesy of the CPM Group

Purchase the 2023 CPM Silver Yearbook today!

Click Here To Order Your Copy of the 2023 Gold Yearbook Today

Posted June 7, 2023

Return to Home page

MORE or "UNCATEGORIZED"

McEwen Exercises Inventus Warrants and Increases Ownership to 12.7%

McEwen Inc. (NYSE:MUX) (TSX: MUX) announces that on November 4, 2... READ MORE

November 5, 2026

Dynasty Gold Hits 3.65 g/t Au over 7.5m Extending Pelham Mineralization 100m Deeper to 323m at Thundercloud

Dynasty Gold Corp. (TSX-V: DYG) (FSE: D5G1) (OTC Pink: DGDCF) is ... READ MORE

November 5, 2026

Brixton Metals Reports Up to 96.9% Gold Recovery and 97.3% Copper Recovery from Three Zones of the Camp Creek Porphyry-Epithermal System

Brixton Metals Corporation (TSX-V: BBB) (OTCQX: BBBXF) is please... READ MORE

November 5, 2026

Sitka Gold Drills 41.7 Metres of 2.20 g/t Gold from Surface, Including 1.2 Metres of 53.10 g/t Gold, Within 74.8 Metres of 1.31 g/t Gold, Confirming High-Grade Mineralization at the Contact Zone, RC Gold Project, Yukon

The Prospector News