When the Federal Reserve raised interest rates as expected, Gold and Silver Prices surged following Jerome Powell’s comments on probable future interest rate directions. CPM Group’s Jeffrey Christian discusses Powell’s comments, and CPM Group’s on whether prices will continue to rise, or if we can expect a pull back.
Jeff also discusses investor interest in gold and silver, what assets the world runs to in times of economic and political stress, and answers whether inflation can decline in a negative interest rate environment. He also discusses how gold and silver producers sell their metal, and it isn’t on the Comex.
Courtesy of the CPM Group
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