In this in-depth interview, Michael Fox sits down with Jeffrey Christian of CPM Group to break down the latest insights from the Silver Yearbook, a globally recognized source of independent silver market research. Christian explains how rising investment demand has driven silver prices from $20–$35 to highs of $121 before stabilizing near $70, and why investor behavior—not industrial demand—is now the key price driver. The discussion covers silver’s unique role as quasi-money, market “velocity,” shifting fabrication demand, geopolitical influences like the Iran deal, and near-term price forecasts ranging from $60 to $90 with potential spikes. Jeffrey also shares long-term expectations for elevated prices amid global instability and highlights CPM’s upcoming 2026 Platinum Group Metals Yearbook release.

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