In this presentation, Jeffrey Christian of CPM Group looks at the recent volatility in gold, silver, platinum, and palladium prices, explaining what the sharp price swings mean for the longer-term bull market in precious metals.

Jeff discusses why gold and silver surged to record levels in January before pulling back sharply, and if such moves are normal after rapid price increases. He explains how trends, timing, and investor behavior help affect short term investment demand, and what it means for higher prices over the longer term.

The discussion then moves to recent commentary surrounding COMEX margin changes, J.P. Morgan’s and other bullion banks’ role in the silver market, and claims of price suppression.

Jeff explains how futures margins work, why they are raised during periods of volatility, and how banks operate as intermediaries for clients.

He also address Arther Laffer’s renewed call for a gold based monetary system.

Courtesy of the CPM Group