Podcast appearances and mentions of jeffrey christian

This week's episode features Jeffrey Christian, managing partner at CPM Group, in conversation with host Adrian Pocobelli about the dynamics of the precious metals market. Christian offers insights into the growing influence of Shanghai and Mumbai on global gold pricing and explains how the gold price is actually determined. He also explains how tariff announcements by former President Donald Trump may have contributed to a shift away from U.S. Treasuries and toward gold, among other assets. In addition, Christian shares his outlook on the silver market, predicting record highs on an annual basis over the next two years. This week's Spotlight segment features Chris Doornbos, president and CEO of E3 Lithium. Doornbos discusses the company's plans to develop lithium brine extraction and processing facilities in Alberta, which he hopes will play a significant role in meeting Canada's growing lithium demand. To learn more, visit: https://www.e3lithium.ca/ All this and more with host Adrian Pocobelli. Music Credits “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (⁠www.incompetech.com⁠). Licensed under Creative Commons: By Attribution 4.0 License ⁠creativecommons.org/licenses/by/4.0⁠ Apple Podcasts:⁠ https://podcasts.apple.com/ca/podcast/the-northern-miner-podcast/id1099281201⁠ Spotify:⁠ https://open.spotify.com/show/78lyjMTRlRwZxQwz2fwQ4K⁠ YouTube:⁠ https://www.youtube.com/@NorthernMiner⁠ Soundcloud:⁠ https://soundcloud.com/northern-miner

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli, tackling rumors surrounding the gold market. Christian explains why large quantities of gold flowed from London to New York in January, addresses speculation about Fort Knox—outlining why he believes the gold is indeed there—and explores the silver, platinum, and palladium markets, highlighting where he sees the best value in precious metals. This week's Spotlight features Alamos Gold president and CEO John McCluskey, who discusses the company's three producing gold mines in Canada and Mexico and the strategy going forward. To learn more, visit: https://alamosgold.com/ All this and more with host Adrian Pocobelli. Music Credits “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (⁠www.incompetech.com⁠). Licensed under Creative Commons: By Attribution 4.0 License ⁠creativecommons.org/licenses/by/4.0⁠ Apple Podcasts:⁠ https://podcasts.apple.com/ca/podcast/the-northern-miner-podcast/id1099281201⁠ Spotify:⁠ https://open.spotify.com/show/78lyjMTRlRwZxQwz2fwQ4K⁠ YouTube:⁠ https://www.youtube.com/@NorthernMiner⁠ Soundcloud:⁠ https://soundcloud.com/northern-miner

Tom Bodrovics, welcomes back Jeff Christian, Managing Partner of CPM Group, for a thought-provoking episode. The conversation begins around the far-reaching implications of tariffs on markets, industries, and economies. Tariffs are not one-size-fits-all, with their impact hinging on both the specific country and metal involved. Jeff expresses his disdain for tariffs, citing their detrimental effects on economic activity and inflation. The Smoot-Hawley Tariff Act of 1930 serves as a cautionary tale, illustrating the devastating consequences on imports, exports, and both the US economy and the global marketplace during the Great Depression. The threat of retaliation could trigger a US recession, while gold and silver might experience heightened demand due to market uncertainty. Tariffs involve importers bearing added costs, instigating inflation, complicating international trade, and affecting base metals. Two potential solutions for government funding - Value Added Tax (VAT) and gold-backed bonds - are examined, yet concerns over regressiveness, economic downturns, and practicality linger. Central banks have turned to gold as a means of securing dollar reserves amid past economic instability under the gold standard. Recent geopolitical developments have prompted some Eastern European countries to stockpile gold for safety against external pressures like Russia. The surge in demand for physical gold within the US is accompanied by a transition from London to New York, giving rise to borrowing and EFP premiums as markets grapple with economic and political uncertainties. Jeff discusses the problems inherent in all financial system and why those problems would also exist under a gold standard. He argues that the Fed has played an important role in reducing the severity of economic contractions. However, he cautions that the only financial system in history that has not failed is this the current one. Time Stamp References:0:00 - Introduction0:50 - Tariff Discussion12:10 - Impacts on Metals?14:38 - Various Scenarios19:58 - Inflationary/Recessionary26:03 - Fast Track U.S. Industry?28:13 - Effects on Currencies?31:13 - Recession Outlook?36:00 - Appalling Statistics38:00 - Income Tax & Trump42:07 - A Gold Backed Bond?45:49 - Fed & Depressions52:13 - C.B. Gold Reserves56:39 - CPM Client Concerns?59:55 - EFP Premiums & Supply1:07:48 - Reality & Forecast1:10:00 - Wrap Up Talking Points From This Episode Tariffs' detrimental effects on economic activity and inflation are discussed, with Smoot-Hawley Act as a historical reference. Central banks turn to gold as a hedge against economic instability; some countries stockpile for geopolitical safety. US recession potential and increased demand for gold and silver due to tariff uncertainty. Guest LinksTwitter: https://twitter.com/CPMGroupLLCWebsite: https://www.cpmgroup.com/Questions Email: info@cpmgroup.comYouTube Link: https://www.youtube.com/c/CPMGroup/videos Jeffrey Christian is the Managing Partner of the CPM Group. He is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering, using options for hedging and investing purposes. He is the author of Commodities Rising 2006. Jeffrey Christian has been a prominent analyst and advisor on precious metals and commodities markets since the 1970s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis. The company was founded in 1986, spinning off the Commodities Research Group from Goldman, Sachs & Co and its commodities trading arm, J. Aron & Company. He has advised many of the world's largest corporations and institutional investors on managing their commodities price and market exposures and providing advisory services to the World Bank, United Nations, International Monetary Fund, and numerous governments.

David Osman of the IRF is joined by Jeffrey Christian, the founder and managing partner of the CPM Group. Jeffrey Christian has been a prominent analyst and advisor on the commodities markets since the 1970s, with work spanning precious metals, energy markets, base metals, the agricultural markets and economic analysis. In this podcast Jeffrey provides a wide-ranging rundown on the outlook for commodity investment in 2025. He starts with an assessment of the relative prospects for the prices of gold, silver and the platinum group of metals. In the energy sector, Jeffrey considers the various factors that make the outlook for crude oil prices very uncertain this year, not least because potential developments in the Ukraine, in the Middle East and with US foreign policies. He expects oil prices to remain relatively high, but possibly with a slight downside bias, given the risk of a global economic recession commencing later this year or in 2026. Jeffrey then highlights his preferred commodities and concerns in the base metals sector and the agricultural markets. In conclusion, Jeffrey discusses the factors that are impacting on the flow of funds into the commodities sector and explains why he believes that global asset allocators should have an overweight position in commodities in a multi-asset portfolio for 2025. Founded in 1986, the CPM Group is an independent commodities research, consulting, asset management and investment banking firm that provides comprehensive research, analysis, and advisory services. The CPM Group is also known for its overall economic analysis of the commodities markets and its expertise in financial engineering.

In this week's episode, Jeffrey Christian, Managing Partner at CPM Group, delves into key macroeconomic factors influencing gold prices. He explores the impact of rising bond yields, a strengthening dollar, and the broader environment of heightened uncertainty. Additionally, Christian addresses the growing trend of resource nationalism worldwide, and why 2025 is likely to see a more ‘hostile economic environment'. All this and more with host Adrian Pocobelli. Music Credits “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (⁠www.incompetech.com⁠). Licensed under Creative Commons: By Attribution 4.0 License ⁠creativecommons.org/licenses/by/4.0⁠ Apple Podcasts:⁠ https://podcasts.apple.com/ca/podcast/the-northern-miner-podcast/id1099281201⁠ Spotify:⁠ https://open.spotify.com/show/78lyjMTRlRwZxQwz2fwQ4K⁠ YouTube:⁠ https://www.youtube.com/@NorthernMiner⁠ Soundcloud:⁠ https://soundcloud.com/northern-miner

This week's episode features CPM Group Managing Partner Jeffrey Christian in conversation with host Adrian Pocobelli, discussing the key factors influencing gold prices. Christian highlights how certain uncertainties have yet to be factored into the market and explains why lower interest rates are likely to continue supporting higher prices. He also touches on trends in silver, nickel, and lithium. All this and more with host Adrian Pocobelli. Music Credits “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (⁠www.incompetech.com⁠). Licensed under Creative Commons: By Attribution 4.0 License ⁠creativecommons.org/licenses/by/4.0⁠ Apple Podcasts:⁠ https://podcasts.apple.com/ca/podcast/the-northern-miner-podcast/id1099281201⁠ Spotify:⁠ https://open.spotify.com/show/78lyjMTRlRwZxQwz2fwQ4K⁠ YouTube:⁠ https://www.youtube.com/@NorthernMiner⁠ Soundcloud:⁠ https://soundcloud.com/northern-miner

Tom welcomes back the Managing Partner of the CPM Group, Jeffrey Christian to discuss the Fed, Gold and the current economic realities of U.S. and the globe. Jeff shares his views on the Fed aiming for a long-term inflation average of around 2%, with fluctuations accepted between 1.3% and 2.8%. He asserts that while the target remains unchanged, the Fed is being more explicit about it. He speculates on the reasons why inflation is "acceptable" to the Fed. Jeffrey discusses the likely September interest rate reduction and potential surprises. He anticipates a quarter-point decrease followed by further evaluations in November and December due to recessionary fears. Jeff discusses the US economy's influence on the global stage, the significance of the upcoming US election, the importance of data reliability in today's digital age, and the drivers of gold and silver prices. Central banks' roles in gold demand, with decreasing holdings by developed countries and emerging economies buying for monetary reserves, are also explored. The history of non-alignment among developing countries and the uncertain future direction of BRICS is touched upon. Jeff explains the drivers of long-term silver prices including investment and industrial fabrication demands, with relatively low net investment demand leading to unremarkable price performance. Industrial demand for platinum and palladium is substantial but not expected to surge significantly. Fear acts as a catalyst for investments into these metals although there primary use is industrial rather than having a monetary function. Time Stamp References:0:00 - Introduction1:08 - Fed Anticipation & CPI3:25 - Acceptable Inflation?5:33 - A Fed Sept. Surprise?8:50 - Recession Risk & Fed10:00 - Global Effects13:04 - 2024 Politics & Markets16:23 - U.S. Policy & Regulations21:30 - Ignorance & Progress24:12 - Gold & Silver Outlook28:43 - Long-Term Thoughts36:25 - Dollar Vs. Gold Demand40:50 - BRICS Alliance45:47 - Drivers for Silver49:13 - Platinum & Palladium52:54 - Wrap Up Talking Points From This Episode Fed's fall rate expectations and possibility of a surprise. Global economic outlook and what to expect around the election cycle. Gold's global role and the limited monetary role of other precious metals. Guest LinksTwitter: https://twitter.com/CPMGroupLLCWebsite: https://www.cpmgroup.com/Questions Email: info@cpmgroup.comYouTube Link: https://www.youtube.com/c/CPMGroup/videos Jeffrey Christian is the Managing Partner of the CPM Group. He is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering, using options for hedging and investing purposes. He is the author of Commodities Rising 2006. Jeffrey Christian has been a prominent analyst and advisor on precious metals and commodities markets since the 1970s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis. The company was founded in 1986, spinning off the Commodities Research Group from Goldman, Sachs & Co and its commodities trading arm, J. Aron & Company. He has advised many of the world's largest corporations and institutional investors on managing their commodities price and market exposures and providing advisory services to the World Bank, United Nations, International Monetary Fund, and numerous governments.

McAlvany Weekly Commentary If You’re Not Afraid, You’re Not Paying Attention We Are Halfway Through The Next Leg Up On Gold Financial Markets Are Divorced From Economic Reality The post Jeffrey Christian: There’s A Lot Of Upside To Gold appeared first on McAlvany Weekly Commentary.

Jeffrey Christian is bullish on gold and silver but he wants to correct some misconceptions floating around about both metals, including the hype behind silver's use in solar panels, China's central bank gold reserves and silver premiums on the Shanghai exchange. Jeffrey also gives his current outlook on uranium, the platinum group metals, and more. CPM Group: https://cpmgroup.com Follow Jesse Day on X: https://twitter.com/jessebdayCommodity Culture on Youtube: https://youtube.com/c/CommodityCulture

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the gold market. Christian describes what he sees as the major factors impacting the gold price, including a growing demand for physical metal as a hedge against geopolitical uncertainty and perceived stability of  the financial system. He also explains why physical gold demand has a bigger impact than ETFs on price in the long term. All this and more with host Adrian Pocobelli.  Music Credits “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0 Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-northern-miner-podcast/id1099281201 Spotify: https://open.spotify.com/show/78lyjMTRlRwZxQwz2fwQ4K YouTube: https://www.youtube.com/@NorthernMiner Soundcloud: https://soundcloud.com/northern-miner

Jeffrey Christian, Founding and Managing Director of CPM Group, a precious metals consultancy has followed, covered and advised on Gold and Silver for decades. He thinks the second half of 2024 will be stronger than the first for both metals and he says they have potential to spike in the next 12 to 18 months. 0:00 Intro1:25 All the Factors Driving Gold Strength10:00 Factors Driving Gold At $2300-$240017:15 Impact of Bonds on Gold22:45 Younger Investors & Gold, Silver26:50 Gold ETF Demand30:20 Gold Price Outlook34:00 Silver Price Outlook36:00 Silver in 1980 & Hunt Brothers

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the red-hot gold market. Christian explains his views on the main causes behind the recent sharp rise in gold prices and shares his thoughts on the relationship between interest rates and the gold price. He also delves into central bank reserves, mining supply, and all-in sustaining costs (AISCs). All this and more with host Adrian Pocobelli. This week's CEO Spotlight features Terry Braun, SRK Consulting's managing practice leader (North America) who discusses the company's perspective on the critical metals discussion, the evolution of the Mountain Pass rare earths mine in the United States, and the importance of maintaining strong ESG principles in the search for new deposits. To learn more, visit: https://www.srk.com/ Music Credits “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0 Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-northern-miner-podcast/id1099281201 Spotify: https://open.spotify.com/show/78lyjMTRlRwZxQwz2fwQ4K YouTube: https://www.youtube.com/@NorthernMiner Soundcloud: https://soundcloud.com/northern-miner

In this episode of Palisades Gold Radio, host Tom Bodrovics speaks with Jeff Christian, Managing Partner of CPM Group. Jeff discusses his background and what brought about the creation of the CPM Group. CPM Group's research department was established in the late 1960s to gather data and estimate supply and demand for gold and silver as the gold standard was ending and silver was being removed from coinage and currency systems. The company has a strong track record of accurately projecting prices due to their continuous gathering of data and maintaining a global network of contacts. Jeff discusses the recent demand for gold from investors has been high, with net investment demand for physical gold totaling 25, 26, and 24 million ounces in the last three years. This level of demand tends to cause an increase in gold prices, as seen by record annual average gold prices every year for the past four years. The price of gold has increased significantly since 2000 and is expected to continue to rise in 2024 and 2025 due to several macroeconomic drivers. Despite inflation coming down and interest rates rising, investment demand for gold remains strong. Governments and central banks are buying gold to diversify their reserves and reduce reliance on the US dollar. China, in particular, has a growing appetite for gold due to centuries of political disunion and civil wars, making the yellow metal a safe haven for them. Jeff discusses the impact of The Shanghai Gold Exchange in taking some market share from London, with Chinese investors paying higher premiums for gold compared to the West. The Chinese currency's lack of free trade also affects gold prices in the country. While some gold has moved to China, there are still multiples of the amount of gold built up in Switzerland over the last 10-20 years. The amount of gold being mined is down somewhat from its peak due to reduced exploration and development spending during a period of lower gold prices. However, higher gold prices in recent years have led to an increase in investment in exploration and development. The capital markets tend to be short-term and cyclical, which can create challenges for long-term financing needs in the industry. Lastly, Jeff discusses the lack of interest from investors and speculators in gold miners is due to a range of issues, including changes in the equity markets and institutional investment practices. The gap between the performance of smaller companies and large companies has never been wider, making it more challenging for smaller mining companies to access capital. CPM Group's 2024 Gold Yearbook provides in-depth information on the gold market and its trends, including charts and valuable historical data not found elsewhere. Time Stamp References:0:00 - Introduction0:30 - CME Research History7:18 - Recent Gold Demand10:10 - Main Macro Drivers12:48 - CME Gold Outlook17:44 - Fed Rates Normalizing?20:12 - U.S. Debt Servicing29:16 - Dollar & Euro Demand31:38 - Dot Plots & Projections33:10 - Gold & Election Uncertainty36:48 - Media Narrative Divide38:40 - Impact of Bitcoin40:30 - Demand During Crisis?44:42 - Lower Rates & Gold?47:34 - China & Gold50:55 - Shanghai & Pricing54:14 - Production & Demand55:20 - Miners CapEx & Supply59:58 - Silver's Role1:01:02 - Strategic Role?1:04:15 - CBDCs & Hyperinflation1:10:32 - Wrap Up Talking Points From This Episode CPM Group's gold research spans 30+ years, providing unbiased data & analysis. Outlook for gold through 2024/2025 and why demand remains high. Thoughts on the Dollar, Treasuries and the long-term debt of the United States. Guest LinksTwitter: https://twitter.com/CPMGroupLLCWebsite: https://www.cpmgroup.com/Questions Email: info@cpmgroup.comYouTube Link: https://www.youtube.com/c/CPMGroup/videos Jeffrey Christian is the Managing Partner of the CPM Group. He is considered one of the most knowledgeable experts on precious metals markets, commodities in general,

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on macroeconomics and precious metals. Christian continues to see a chance of recession in 2024-2025, with gold benefitting from a hostile political environment, both dometically in the United States, as well as geopolitically around the world. He continues to see investor demand as the greatest force driving gold and silver prices, and discusses the inner mechanics of how CPM Group thinks about the fundamentals of the metals. He also discusses platinum and palladium markets and the reasons behind their recent price action. All this and more with host Adrian Pocobelli. Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

The post discusses market trends, geopolitical events, and introduces the concept of "The Great Taking," a 2023 book and video by financial analyst David Rogers Webb, predicting a global economic restructuring. Gain insights from CPM Group's Jeffrey Christian and participate in the discussion surrounding the potential threats and remedies presented. Don't miss this comprehensive update on bullion markets and the evolving financial dynamics.

In this episode of Palisades Gold Radio, host Tom Bodrovics speaks with Jeff Christian, Managing Partner of CPM Group, about various topics including silver usage in warfare, the role of gold as a "chameleon trade," and the economic outlook for gold investment. Jeff Christian estimates that globally, between 10-20 million ounces of silver are used each year for warfare-related purposes such as missiles and electronics. Jeff describes the various investment uses for gold, including inflation hedge, currency hedge, portfolio diversifier, commodity, safe haven, and as a form of savings. These factors should be taken into account when considering gold as an investment. Jeff discusses the current economic outlook and the various contentious views on gold investment. Some economists argue that there won't be another recession and that inflation is low enough.However, others believe that problems will emerge in the future, including increased recession, financial market instability, and political instability. Jeff notes that inflation is expected to remain in a range of 3-4.5% for the next year or two, and food inflation remains a major concern. He also addresses misconceptions about government statistics, such as the CPI and PPI, and emphasizes the adjustments made are to provide accurate economic measurements. Jeff mentions the increasing transparency of central banks and their purchases of gold to offset the collapse of private sector demand in certain countries. He clarifies that the US Treasury has not been "dumping" the US dollar but has sold treasuries due to changing interest rates. In terms of investment demand for gold and silver, Jeff notes that investors have the flexibility to buy or sell depending on current prices, creating a dynamic market. He mentions the increasing demand for silver due to its industrial applications and the changing dynamics within the auto industry. Jeff concludes by discussing the CPM Group's predictions for gold and silver prices, expecting them to rise in the coming year. As part of their services, CPM Group offers free resources and reports for clients and provides market alerts on long-term economic outlooks, debt, deficit, and gold. Time Stamp References:0:00 - Introduction0:50 - Military Silver Usage5:54 - Gold's Various Roles11:45 - Gold Market Asymmetry12:56 - Short Term PM Headwinds?16:57 - Inflation From Here20:38 - Energy & Oil Reserves22:32 - Questioning Biases28:27 - Central Bank Buying34:00 - China & Treasuries36:56 - Misleading Datapoints40:20 - Silver Demand Roles46:19 - Tech. & Auto Industry50:50 - Platinum & Palladium51:38 - Debt Distractions54:18 - Tumultuous Election?55:47 - Gold Price Predictions58:55 - Wrap Up Talking Points From This Episode Jeff estimates that 10-20 million ounces of silver are used globally for defense each year, mostly in the US. Gold investment demand is driven by six main factors that traders should consider. CPM Group offers market alerts and other free resources to clients to help them make informed investment decisions in gold and silver. Guest LinksTwitter: https://twitter.com/CPMGroupLLCWebsite: https://www.cpmgroup.com/Questions Email: info@cpmgroup.comYouTube Link: https://www.youtube.com/c/CPMGroup/videos Jeffrey Christian is the Managing Partner of the CPM Group. He is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering, using options for hedging and investing purposes. He is the author of Commodities Rising 2006. Jeffrey Christian has been a prominent analyst and advisor on precious metals and commodities markets since the 1970s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis. The company was founded in 1986, spinning off the Commodities Research Group from Goldman, Sachs & Co and its commodities trading arm, J. Aron & Company.

David Osman of the IRF is joined by Jeffrey Christian, the Founder and Managing Partner of the CPM Group. ----more---- Jeffrey has been a prominent analyst and advisor on the commodities markets since the 1970s, with work spanning precious metals, energy markets, base metals, the agricultural markets and economic analysis. In this podcast Jeff provides a wide-ranging rundown on the outlook for commodity prices in the near term and in the longer run. He assesses the relative prospects for the prices of gold, silver, platinum and palladium. In the energy sector, Jeff focuses on the various factors influencing the outlook for the prices of crude oil and natural gas. He then highlights his most preferred and least preferred commodities in the base metals sector and the agricultural markets. In conclusion, Jeff discusses the factors that are impacting on the flow of funds into the commodities sector and explains why this is projected to continue to increase in the longer run from mid-2024 onwards. Founded in 1986, the CPM Group is an independent commodities research, consulting, asset management and investment banking firm that provides comprehensive research, analysis, and advisory services. The CPM Group is also known for its overall economic analysis of the commodities markets and its expertise in financial engineering.

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the precious metals markets. Christian explains why recent events in the Middle East introduce further risk and uncertainty to the market, which should propel investment demand towards gold. He also discusses how the 'higher for longer' interest rate trend is starting to become better understood by market participants and why Chinese gold demand remains robust. Finally, he also shares the precious metal he's most bullish on in the short and long term. All this and more with host Adrian Pocobelli. This week's CEO Spotlight features Novo Resources executive co-chairman Mike Spreadborough,  who discusses the company's gold projects in Australia's Pilbara region. to learn more, visit: https://novoresources.com/ Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

CPM Group's Jeffrey Christian on BRICS currency, silver and copper inventories by The Northern Miner

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the latest development in the precious metals markets. Jeff sees the current strength in precious metals as a result of investor demand in January, as well as fears relating to the banking system in March. And though he sees the world moving away from the dollar, he explains that it will likely take place over a much longer period than people expect. He also discusses the BRICs and the challenges relating to creating an alternate currency, and why China might not want to replace the dollar with its own reserve currency, as well as why we might be in the initial stages of a larger crisis. All this and more with host Adrian Pocobelli. Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

Tom welcomes back Jeffrey Christian Managing Partner of CPM Group. Jeffrey is an expert on the gold and silver markets. Jeff explains that in 2000, they issued a buy recommendation on gold at around $285, due to the political and economic environment that was going to last for decades. He then outlines the different drivers for gold and silver in different market environments, as well as the optimal level of metals in a portfolio. He examines the idea that China holds 40,000 tons of gold in its reserves, and why China does not want to have the reserve currency of the world. Mr. Christian also explains why the mining industry has a lower beta compared to the price of the underlying metal. He states that due to a lack of investor interest in the sector, along with the rise of stock index funds and ETFs, institutional investors have been cutting costs and reducing their involvement in individual stock trading. This has caused a contraction in the stock market, reducing the buy side's ability to support research. He also explains the red, green, blue bubble chart that takes into account many different factors that CPM puts together, as well as the potential for hydrogen engines in the future and the importance of specialty metals, such as tantalum, in the electronics industry. Time Stamp References:0:00 - Introduction0:40 - Commodity Research5:24 - Factors Driving Metals10:07 - Gold & Silver Differences11:44 - An Optimal Portfolio14:03 - Bad Data & Conjecture?20:09 - Gold & China24:56 - Gold Reserves & Sources36:15 - China & Reserve Currency39:00 - BRICS Effects & Dollars44:40 - Mining Equities & Beta49:30 - Inflation & the Media55:18 - CPM Recession Outlook57:37 - CPM RGB Bubble Chart59:01 - A Year of Transition1:02:27 - Metals & Energy Scenarios1:05:10 - Fossil Fuel Future1:07:16 - Platinum & ICE's1:10:14 - Tantalum Uses & Supply1:12:36 - Wrap Up Talking Points From This Episode The drivers of gold and silver in the commodities market, as well as the optimal level of metals in a portfolio.The asymmetry of the gold and silver markets, and how bad data and misinformation can lead to incorrect decisions.China's gold industry and why they don't want to be the reserve currency of the world.Uses for the specialty metal tantalum and the importance of Australia becoming clean source of the metal. Guest LinksTwitter: https://twitter.com/CPMGroupLLCWebsite: https://www.cpmgroup.com/Questions Email: info@cpmgroup.comYouTube Link: https://www.youtube.com/c/CPMGroup/videos Jeffrey Christian is the Managing Partner of the CPM Group. He is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering, using options for hedging and investing purposes. He is the author of Commodities Rising 2006. Jeffrey Christian has been a prominent analyst and advisor on precious metals and commodities markets since the 1970s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis. The company was founded in 1986, spinning off the Commodities Research Group from Goldman, Sachs & Co and its commodities trading arm, J. Aron & Company. He has advised many of the world's largest corporations and institutional investors on managing their commodities price and market exposures and providing advisory services to the World Bank, United Nations, International Monetary Fund, and numerous governments.

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the precious metals market and the biggest factors that are impacting them. Jeff also discusses misperceptions about the Chinese gold market and how overly optimistic silver speculators often leave money on the table. All this and more with host Adrian Pocobelli. This week's CEO Spotlight feature Alamos Gold president and CEO John McCluskey. To learn more about Alamos Gold, visit: https://www.alamosgold.com/ “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

David Osman of the IRF is joined by Jeffrey Christian, the Founder and Managing Partner of CPM Group. Jeffrey has been a prominent analyst and advisor on the commodities markets since the 1970s with work spanning precious metals, energy markets, base metals, the agricultural markets and economic analysis. ----more---- In this podcast Jeffrey provides a wide-ranging rundown on the outlook for commodities in 2023. He assesses the relative prospects for the prices of gold and silver, as well as the differing outlook for the prices of platinum and palladium.   In the energy sector, Jeff focuses on the various factors influencing the prices of crude oil and natural gas. He then assesses the demand and supply factors that will impact on the prices of various base metals, including aluminium, copper, lead and nickel. In the agricultural markets, Jeff sets out his views on the prospects for the prices of several soft commodities, including corn, soybean, wheat, beef, pork and coffee. In addition, Jeff discusses the flow of funds into the commodities sector and explains why he expects global asset allocators to invest a higher proportion of their funds in commodities in the years ahead.   Founded in 1986, CPM Group is an independent commodities research, consulting, asset management and investment banking firm that provides comprehensive research, analysis and advisory services.

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the precious metals market, central bank gold buying and investor demand. He also discusses the latest rumours about a BRIC currency, the Moscow Gold Exchange and outflows of the metal from west to east. All this and more with host Adrian Pocobelli. “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli. Jeffrey discusses the increased busyness of the precious metals market, as well as how central banks around the world are starting to buy gold at higher prices. He also explains why the G7 plan to ban Russian gold exports is largely symbolic with few real-world implications. All this and more with host Adrian Pocobelli. Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

Tom welcomes back Jeffrey Christian Managing Partner of the CPM Group to discuss their latest report on gold and why the world is shifting towards higher gold prices. Jeffrey discusses gold's recent performance and why he expects inflation will keep the price up. He expects the geopolitical situation with Ukraine to largely be resolved by the second half of this year. He remains bullish on gold because the world is facing numerous issues. Jeff discusses some of what he calls strange beliefs around gold. Many believe the price should be much higher despite having few good solid reasons for that belief. When various commodities are compared against the gold you see that gold is operating in the expected price range. The gold market is fairly complex with Central banks being a large factor along with banks and big firms having a short-term effect on prices. Central banks tend to have no time horizon on their holdings. While retail investors often have a larger effect on price due to volume and the sheer number of participants. Their yearbook compares and contrasts the price of gold with Fed rates and commodities and inflation rates. He expects interest rates to rise to the three percent level and that inflation will contract. He doesn't expect rate hikes to hurt the economy. Food prices are going to be elevated for at least a year. This is due to the conflict in Ukraine and the sanctions imposed on Russia impacting grain and fertilizer supply. Jeff expects another recession between 2024 and 2026. They are bullish on platinum in the long term while bearish on palladium. There seems to be a shift back to platinum in the automobile market. Jeff discusses the Rubles drop and recovery and how they set a floor on gold for internal purchases within Russia. Much of the Ruble's move is due to Gasprom bank purchasing rubles with Euros in the market. Jeffrey discusses the United States auditing process for their gold holdings work. Much of that gold has been sealed in vaults and drums. The audits regularly verify these seals. Jeff argues against the idea that America's gold has been secretly leased or rehypothecated. Time Stamp References:0:00 - Introduction0:33 - Gold Yearbook Review4:49 - Expectation Management11:29 - Investment Drivers15:32 - Fed Funds & Gold Price19:23 - Fed Rate Hikes20:55 - China & Global Economics24:21 - CPI & Rate of Change33:35 - Ukraine & Food Inflation36:50 - Energy Market Imports37:43 - Yield Curve & Recession42:18 - Platinum Metals45:28 - Russia's Misconceptions50:38 - Reserve Currencies?54:14 - Reported Gold Holdings1:00:13 - U.S. Gold Audits?1:07:35 - Rehypothecation?1:10:13 - Wrap Up Talking Points From This Episode Gold's recent performance and the drivers for gold from here.Inflation outlook and his thoughts on the Ukraine conflict becoming resolved.The Ruble's recovery was mostly due to Gasprom's purchasing of Rubles for Euros on the market.How audits of the United States gold holdings function. Guest LinksTwitter: https://twitter.com/CPMGroupLLCWebsite: https://www.cpmgroup.com/YouTube Link: https://www.youtube.com/c/CPMGroup/videos Jeffrey Christian is the Managing Partner of the CPM Group. He is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering, using options for hedging and investing purposes. He is the author of Commodities Rising 2006. Jeffrey Christian has been a prominent analyst and advisor on precious metals and commodities markets since the 1970s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis. The company was founded in 1986, spinning off the Commodities Research Group from Goldman, Sachs & Co and its commodities trading arm, J. Aron & Company. He has advised many of the world's largest corporations and institutional investors on managing their commodities price and market exposures and providing advisory s...

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the inner mechanics of the gold market and the various methodologies that can be used to estimate the size of a country's gold reserves. He also shares his surprising views on Russia's gold, how sanctions may impact the global economy, as well as his outlook on precious metals. All this and more with host Adrian Pocobelli. To attend CPM Group's 2022 Annual Gold Market Update and Yearbook Launch on Wed. April 6, visit: https://register.gotowebinar.com/register/3153093006571274767 Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

Summary: Precious metals prices have been getting smacked down a bit, so I have Jeffrey Christian on the show to help us comprehend how the war with Ukraine could potentially affect prices. There are different scenarios that will arise regarding military and political outcomes, and if Ukraine wins, gold prices will come back down. Ultimately, there are a number of factors at play and we can expect to see these come to fruition with time. Tune in for more. Highlights: -Precious metals prices are getting smacked down a bit -How could the war potentially affect precious metals prices? -There are different scenarios in terms of military and political outcomes -Ukraine will face massive opposition -If the Ukrainians win, gold prices will come back down -NATO also gets sucked into this -We're 12/13 months into the recessionary period, and there are a lot of factors going into the rising prices -Real economic growth depends on the administration and congress, not the Fed policy -A lot of things have changed in price that are not reflected by the CPI numbers -The managed economy has helped with the Chinese housing situation Useful Links: Financial Survival Network CPM Group

This week's episode features CPM Group managing partner Jeffrey Christian on macroeconomics, the Federal Reserve, interest rates, the Dollar and precious metals. Jeffrey sees a slowdown in the momentum of commodity prices over the next couple of years, with new highs once again around 2023-2025. He also discusses his latest views on gold, silver, PGMs and lithium. All this and more with host Adrian Pocobelli. Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

David Osman of the IRF is joined by Jeffrey Christian, the founder & managing partner at the CPM Group, which is based in New York.----more---- Bond and equity markets have risen to valuation levels that are expensive. In the face of rising inflationary expectations, several of the major central banks are now looking to tighten their monetary policy stance. Interest rates are generally expected to be on a gently rising trend in 2022. In these circumstances, many investors are looking to increase the weightings of precious metals and other commodities in their portfolios. A key consideration is what will happen to the price of gold. Jeffrey Christian discusses the outlook for the price of gold and other precious metals both in the short-term and on a 3 - 4 year view. In doing so, he sets out the macroeconomic and sectoral factors that will be the main determinants of the demand for and supply of gold, silver and the platinum group of metals in the next few years.

Tom welcomes back Jeffrey Christian Managing Partner of the CPM Group to discuss the economy and the gold market. Jeffrey discusses his recent presentation at the Silver Symposium and how his opinions differ. He notes that all currencies are fiat and that gold's value is determined by fiat. Much in the same way that currencies are valued by national central banks. He doesn't believe that inflation is showing that strong of a signal. They are watching the bond and equity markets closely along with debt levels. There is a lot of bad things occurring politically and economically. Real estate prices are often unsupported especially when contrasted with incomes. Back in 2004-2005 they watched the housing market pump and expressed concerns. During that period they had investors selling real estate and buying gold and they are beginning to see that behavior now. He argues that gold doesn't correlate well with low inflation rates. He is expecting a deflationary period coming over the next year. Jeffrey discusses why central banks are more price sensitive to high gold prices. Bankers are more sensitive to overpriced assets whereas investors often pile in during price moves. Investors also have different time horizons while banks have longer-term expectations and are not necessarily looking to sell. He discusses Canada's thinking when it comes to not holding gold and why they instead prefer to back their currency with US Dollars. Jeffrey discusses lithium, nickel, and manganese and their importance in electrification. Capital availability is a problem in this sector. So how additional mines will be built is unknown especially considering the expectations for future production of electric vehicles. There just isn't enough of these metals around. Lastly, he discusses peak oil theory and questions its credibility. Time Stamp References:0:00 - Introduction0:54 - Symposium Presentation5:17 - Markets & Bubbles10:20 - Mortgage Crisis?13:23 - Gold Vs. Inflation18:06 - CPI Measurement19:36 - Paul Volcker & Rates23:26 - Central Banks & Gold28:55 - Countries without Gold33:22 - Turkey & Gold36:16 - El Salvador & Bitcoin37:06 - Commodity Supercycles43:35 - Copper & Futures45:00 - Battery Metals50:08 - Green Energy & Gas51:50 - Peak Oil Theory53:15 - Wrap Up Talking Points From This Episode Gold and determining its value against fiat.Real estate concerns and his thoughts on inflation.Central banks' time horizons and gold reserves.Energy/battery metals and lack of capital in mining. Guest LinksTwitter: https://twitter.com/CPMGroupLLCWebsite: https://www.cpmgroup.com/Questions Email: info@cpmgroup.comYouTube Link: https://www.youtube.com/c/CPMGroup/videos Jeffrey Christian is the Managing Partner of the CPM Group. He is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering, using options for hedging and investing purposes. He is the author of Commodities Rising 2006. Jeffrey Christian has been a prominent analyst and advisor on precious metals and commodities markets since the 1970s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis. The company was founded in 1986, spinning off the Commodities Research Group from Goldman, Sachs & Co and its commodities trading arm, J. Aron & Company. He has advised many of the world's largest corporations and institutional investors on managing their commodities price and market exposures and providing advisory services to the World Bank, United Nations, International Monetary Fund, and numerous governments.

In this week's episode, we check in with CPM Group managing partner Jeffrey Christian, who gives us his latest take on the global economy, interest rates, the U.S. dollar, metal prices and electric vehicle adoption. He also explains how central banks are buying gold, but that private investor demand will ultimately be needed to push prices higher. All this and more with host Adrian Pocobelli. Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License

Tom welcomes Jeffrey Christian Managing Partner of the CPM Group to the show. Jeffrey explains the role of the CPM Group and its beginnings some 35 years ago. Jeff moved from journalism to commodity trading in 1980. He explains why secrecy is essential and expected in the precious metals business and why much of it is unregulated. Much of the business has no requirements to disclose their holdings or operational details from fabrication to investment. In 1986, the CPM Group spun off from Goldman Sachs as an independent research company. They had a lot of first-hand knowledge of how the markets worked and used that to leverage their connections and experience. He says, "They are not beholden to the banks as bullion banks represent less than one percent of their business." He says, "We skew the table in favor of users or consumers of financial transactions." Banks don't necessarily like us because we compete with them by providing research and consulting to mining companies. They help companies structure agreements and negotiate with banks, but they don't fulfill these contracts. Interest rates and debt are major factors for growth and recessions. There are massive imbalances that have only worsened since 2008, and the pandemic has not helped. Regulatory reforms haven't protected the financial structure from shocks. Jeffrey expects a failure in an obscure area of the debt market, which will cascade. Stock markets used to be places where companies raised capital and provided dividends. Today, many companies are focused on buying back shares instead of investing in themselves. This looks good on the balance sheet and pads the management's earnings, but it impoverishes the rest of the economy. Jeff discusses the overall allocation and annual production of around one billion ounces of the silver market. The mining, refining, and fabricating processes each use hedging to mitigate price risk. There can be upwards of ten transactions during the entire supply chain before creating an end-user device containing silver. Silver grades have been in decline for the last fifteen years. However, this is a sign of improved mining technology and refining capabilities. The increase in price over the past twenty years has allowed mines to remain profitable. We aren't running out of reserves, but it's more a matter of pricing. Jeffrey says deliveries are typical on the commodity exchanges, and it's not unusual to have large delivery months. JP Morgan regularly pulls large quantities of silver. Silver is just another commodity in terms of concentration. Concentrations are due in part to an ever-diminishing number of banks involved in commodity markets. The Hunt Brothers took advantage of the silver market during a period of inflation and deregulation. They felt that silver would rise but did not set out to corner the market. He explains some of the mistakes they made with margins and bonds, including Nelson missing an important margin call by not being in contact with his own office. Futures prices are closely aligned with the wholesale prices in the physical market. Jeff says, "They are very good measures of the equivalent of a thousand ounce bar." The physical markets set the long-term price for metal. High premiums indicate high demand for bars, but price spikes usually indicate supply chain delivery issues. He says, "There is no shortage of physical metal in the markets." He argues that large dumps of contracts onto exchanges are done by multiple parties using similar computer software. This behavior is not isolated to silver markets. Lastly, he explains his thoughts on JP Morgan's fines for spoofing and gives us his predictions on where silver will head between now and this fall. Time Stamp References:0:00 - Introduction0:30 - Background & CPM Group10:00 - Derivatives11:33 - Yearbook & Outlook14:00 - Value Creation & Buybacks19:00 - Silver Market24:30 - Hedging & Lending26:38 - Mine Silver Grades28:34 - Re...

For the full audio interview, transcript, show notes and more visit: https://altassetallocation.com/ Jeffrey Christian is the Managing Partner and founder of CPM Group, one of the most respected precious metals and commodities research companies in the world - founded in 1986. He knows A LOT about precious metals and is well known for his financial engineering work using commodities derivatives both for hedging and investment purposes. He has worked with governments, the United Nations, World Bank, International Finance Corporation, International Monetary Fund, and many of the world's largest and most prominent mining companies, industrial companies, investment banks, and institutional investors. Ok, you're convinced Jeffrey Christian knows his stuff - In this interview, we cover all things Gold. Macro-economic backdrop and why it's important for gold investors, Drivers for its price, USD as a global reserve currency and possible bearish scenarios for Gold outlook over the next 10 years. We even discuss Bitcoin a bit as a higher beta, speculative play on the gold narrative and some of the issues with that. Enjoy this episode with Jeffrey Christian. --- Support this podcast: https://anchor.fm/investinalts/support

This week's episode features an in-depth interview with CPM Group managing partner Jeffrey Christian on his view of the commodities ‘supercycle' narrative, as well as copper, palladium and macroeconomics in general. Jeffrey was previously the head of commodities research at J. Aron & Company, which was acquired by Goldman Sachs, and formed CPM Group through a management buy-out of the commodities research group of Goldman Sachs, to provide independent, market-leading research on the commodities markets to customers ranging from sovereign governments to investment funds. All this and more with host Adrian Pocobelli. Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

The books and songs discussed in this episode include:O Sanctissima performed by the Daughters of Saint Paul, 2010The Battle Hymn of the Republic by Julia Ward Howe, performed by the Canadian BrassThe History of We Shall Overcome uploaded to YouTube by creator Genie Deez, June 15, 2020I’ll be Alright performed by The Angelic Gospel SingersI’ll Be Alright Someday performed by Rev. Gary Davis, reissued 1972Pete Seeger Talks about the History of We Shall Overcome, uploaded to YouTube by folkarchivist, Dec 29, 2010We Shall Overcome (Live) performed by Pete Seeger, 1963We Shall Overcome performed by the Freedom Singers, Sing For Freedom Smithsonian Folkways Recordings (1990)We Shall Overcome (Live) performed by Mahalia JacksonThe Nashville Sit-In Story from Smithsonian Folkways Recordings (1960) We Shall Overcome, Jail SequenceWe Shall Overcome performed by Peter Yarrow, Mary Travers, Paul Stookey, Joan Baez, Bob Dylan, Bernice Reagon, Cordell Reagon, Charles Neblett, Rutha Harris, Pete Seeger, and Theodore Bikel, Newport Folk Festival, July 1963Blowin’ in the Wind by Bob Dylan, performed by Cliff Richards (1966)Malcolm X, The Ballot or the Bullet, from Say It Plain, Say It Loud: A Century of Great African American Speeches (original recording King Solomon Baptist Church, Detroit, Michigan - April 12, 1964)We Gonna Be Alright Crowd Chanting, Black Lives Matter, Downtown Los Angeles July 7, 2016 #AltonSterling #PhilandoCastileMaking Movement Sounds: The Cultural Organizing Behind the Freedom Songs of the Civil Rights Movement by Elizabeth Davis-Cooper (2017)Digital Access to Scholarship at Harvard http://nrs.harvard.edu/urn-3:HUL.InstRepos:39987965Sit In, Stand Up and Sing Out!: Black Gospel Music and the Civil Rights Movement by Michael Castellini (2013) Georgia State Universityhttps://scholarworks.gsu.edu/history_theses/76From Sit-ins to SNCC : The Student Civil Rights Movement in the 1960s, edited by Iwan Morgan and Philip Davies. 2014. Thanks, as always, to Aaron P and Jeffrey Christian for reviewing the episode.

Jeffrey Christian, Managing Partner of CPM Group LLC in New York is joining us for #SFLive​ Ep 128 to discuss the market activity in silver, hedging, JP Morgan & Goldman Sachs, and more. #Silver​ #JPMorgan​ MAKE SURE TO SUBSCRIBE TO OUR CHANNEL & HIT THE ALERT BUTTON Also follow us on www.twitter.com/soarfinancial - make sure to follow us & click on the More info & commentary at https://www.cpmgroup.com/​ ►► Follow Us! ◄◄ Twitter: http://twitter.com/soarfinancial​ Instagram: https://www.instagram.com/soarfinancial/​ Facebook: https://www.facebook.com/soarfinanctial/​ Website: http://www.soarfinancial.com​ SF Live is a new format by Soar Financial Partners. The goal is to give short company updates and more importantly get investors engaged directly with the companies. Intro Music: "Summer" by Bensound.com Disclaimer: Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary. Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi​ (short for conflict of interest). Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial's content, each consumer of Soar Financials content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences. Soar Financial may provide content on third-party sites and we disclaim any responsibility for the content of any information posted on such other websites. #mining​ #exploration​ #debt​ #financing​ #investing​ #investment​ #stocks​ #goldprice​ #inflation​ #wealth​ #FED​ #moneyprinting​ #silver​ #gold​ #wallstreetbets​ #silversqueeze​ #wsb​ #hold

This week's episode features an in-depth interview with CPM Group managing partner Jeffrey Christian on the U.S. elections, digital currencies, JP Morgan's spoofing scandal, and Bitcoin vs. gold as stores of value. Jeffrey was previously the head of commodities research at J. Aron & Company, which was acquired by Goldman Sachs, and formed CPM Group through a management buy-out of the commodities research group of Goldman Sachs, to provide independent, market-leading research on the commodities markets to customers ranging from sovereign governments to investment funds. All this and more with online editor and host Adrian Pocobelli. Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

This week's episode features the second of a two-part interview with CPM Group managing partner Jeffrey M. Christian at the Canadian Mining Symposium, held on Zoom from June 16-18, 2020. MINING.com executive editor Frik Els asked Christian about his views on commodities, including gold, tin and manganese, hydrogen engines and the next financial crisis. Jeffrey M. Christian is managing partner at CPM Group, a precious metals and commodities research and consulting company he founded in 1986 in a buyout of the Goldman Sachs Commodities Research Group he managed at that time. He has a deep understanding of the mechanics of precious metals and commodities trading and investing, as well as derivatives markets, commodities in general, and broad economic and financial trends. CPM advises major producers, users, governments, central banks, and institutional investors on how best to manage their financial exposure to precious metals and commodities. All this and more with online editor Adrian Pocobelli. This week's Mining Minute features Adrian Dance, Principal Metallurgist at SRK Consulting. Find him online at: www.srk.com/en/experts/adrian-dance And on LinkedIn at: www.linkedin.com/in/adrian-dance-087615a/ Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

This week's episode features the first of a two-part interview with CPM Group managing partner Jeffrey M. Christian at the Canadian Mining Symposium, held on Zoom from June 16-18, 2020. MINING.com executive editor Frik Els asked Christian about his views on the economy, research methods, gold, and the electric vehicle market. Jeffrey M. Christian is Managing Partner at CPM Group, a precious metals and commodities research and consulting company he founded in 1986 in a buyout of the Goldman Sachs Commodities Research Group he managed at that time. He has a deep understanding of the mechanics of precious metals and commodities trading and investing, as well as derivatives markets, commodities in general, and broad economic and financial trends. CPM advises major producers, users, governments, central banks, and institutional investors on how best to manage their financial exposure to precious metals and commodities. All this and more with online editor Adrian Pocobelli. This week's Mining Minute features Adrian Dance, Principal Metallurgist at SRK Consulting. Find him online at: www.srk.com/en/experts/adrian-dance And on LinkedIn at: www.linkedin.com/in/adrian-dance-087615a/ Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/ The Northern Miner · Episode 194: CPM Group's Jeffrey Christian on the coronavirus, computer modelling and EVs, part 1

The Comex seems like a very mysterious entity where precious metals prices somehow are set and supplies get shifted around the globe. But according to CPM Group's Jeffrey Christian, it's a lot simpler than it looks. Anyone who's in the precious metals food chain, miners, fabricators, jewelry manufacturers, bullion dealers, etc., must hedge their inventory and production to avoid sudden unexpected moves in metal prices. Volatile moves could otherwise easily bankrupt the industry in a very short period of time.  Banks often require their pm borrowers to fully hedge their position, thereby lowering default risk. For fabricators and jewelry manufacturers, this has led to an extensive leasing market. They lease gold and silver until it's been made into finished product, at which time it's sold to customers. The manufacturer then purchases the leased metal. And the process is repeated over and over. Since all participants in the market are hedging, this helps explain why there's such a huge multiple of contracts to actual physical metal. We hope this helps clear things up. For a better explanation, listen to Jeffrey Christian's own words.  Oh and about those huge silver and gold inventories that JP Morgan Chase is holding, Jeff says they're being held for customers, not on the bank's own account. Next time, we'll find out why their inventories have gotten so enormous. 

The Comex seems like a very mysterious entity where precious metals prices somehow are set and supplies get shifted around the globe. But according to CPM Group's Jeffrey Christian, it's a lot simpler than it looks. Anyone who's in the precious metals food chain, miners, fabricators, jewelry manufacturers, bullion dealers, etc., must hedge their inventory and production to avoid sudden unexpected moves in metal prices. Volatile moves could otherwise easily bankrupt the industry in a very short period of time.  Banks often require their pm borrowers to fully hedge their position, thereby lowering default risk. For fabricators and jewelry manufacturers, this has led to an extensive leasing market. They lease gold and silver until it's been made into finished product, at which time it's sold to customers. The manufacturer then purchases the leased metal. And the process is repeated over and over. Since all participants in the market are hedging, this helps explain why there's such a huge multiple of contracts to actual physical metal. We hope this helps clear things up. For a better explanation, listen to Jeffrey Christian's own words.  Oh and about those huge silver and gold inventories that JP Morgan Chase is holding, Jeff says they're being held for customers, not on the bank's own account. Next time, we'll find out why their inventories have gotten so enormous. 

Erik Townsend and Patrick Ceresna welcome Jeffrey Christian to MacroVoices. They discuss the uptrend of electric vehicles, what is going to be the mode of power in the future and how it will be delivered, and how replacing petroleum may impact geopolitics. Link: http://bit.ly/2OOtrEB

This week's episode features a special interview with CPM Group's Jeffrey Christian by acting editor-in-chief Trish Saywell. Christian discusses precious metals prices and the macroeconomic dynamics that might be influencing them. Christian says it's time to play gold on the long side, but that an upward move may take four to five years to materialize. All this and the latest news on social media and the website with online editor Adrian Pocobelli. Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (www.incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

First-time guest, Jeffrey Christian of the CPM Group talks about who's been buying gold, and who hasn't been – at least not compared to levels of a few years ago, tells us why they've moved up their price forecasts for gold and silver a couple of years, and also answers the question about whether or not he believes there is widespread manipulation in the precious metals markets. | Check Gold and Silver Prices Here: https://www.moneymetals.com/precious-metals-charts

Erik Townsend and Patrick Ceresna welcome Jeffrey Christian to MacroVoices. Jeffrey is the Managing Director and Founder of CPM Group. Erik and Jeffrey discuss the recent moves in gold and look at the forecast for 2019 and beyond. They further discuss why investment demand has dropped and more importantly, is it turning? The touch on silver and give perspective on the gold:silver ratio. Finally, they discuss the intermarket relationships of gold to other assets and give an update on the platinum and palladium markets. Stay tuned for the post-game where geologist Art Berman joins us to discuss the recent drop in crude oil prices.

We're capping off a banner year at the Northern Miner podcast with a bang in our final episode of 2017. Matt is joined by Colin Hamilton, managing director of commodities research at BMO Capital Markets, to get all the details on what to expect from the industrial metals and bulk commodities markets heading into the new year. (9:15) We also talk about new environmental regulations in China. (12:19) Furthermore, Colin digs into promising copper fundamentals that should lead to a tight supply-demand market by the end of 2019, (16:11) and what impact the electric-vehicle industry might have on nickel demand. (14:35) We also drill down into thermal seaborne coal fundamentals, and ask the question: Is the uranium market finally poised for a recovery? Colin also outlines his thoughts on zinc funamdentals heading into 2018. (20:35) Meanwhile, Lesley returns with another episode of the Geology Corner! (30:00) This week we're talking magmatic-sulfide nickel-copper deposits and what makes a "world-class" project! Lesley digs into nickel exploration and "what to look for in high-quality drill targets." Did you know there were seven major nickel camps globally? We talk about the characteristics of Voisey's Bay and the pitfalls of dealing with historical geophysical surveys! Also what's the deal with nickel tenor? Finally, our Sponsor Spotlight this week features Major Drilling. (45:40) We're talking about innovation and technology at the drill bit, and how it's impacting one of the world's largest supplier for exploration, development, and mining companies. Matt sits down with Vice President IT & Logistics Marc Landry, and Innovation Manager Ian Wilson to discuss some of the solutions and challenges Major has encountered in terms of new technologies and an evolving workforce. Articles referenced: Copper, nickel outlooks dominate LME Week: www.northernminer.com/news/copper-ni…ek/1003791928/ Glencore optimistic on industrials, electric vehicles: http://www.northernminer.com/news/glencore-optimistic-industrials-electric-vehicles/1003792251/ USGS identifies new uranium potential in southern US: http://www.northernminer.com/news/usgs-identifies-new-uranium-potential-southern-us/1003792119/ Scotiabank's Rory Johnston: ‘A lot of tailwinds behind the base metals complex': www.northernminer.com/commodities-ma…ls/1003792154/ CRU expects lithium demand to triple between now and 2025: www.northernminer.com/commodities-ma…25/1003792192/ Jeffrey Christian on bitcoin and ‘runaway' gold price: www.northernminer.com/people-in-mini…18/1003791836/ Video: Progressive Mine Forum 2017: www.northernminer.com/news/progressi…am/1003790631/ Music Credits: "Jingle Bells" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/ "Deck the Halls" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

This week we're getting a global viewpoint courtesy of Tom Butler, the president and CEO of the International Council on Mining and Metals (ICMM). (13:10) Matt sit downs with Tom in Vancouver during a Vancouver Board of Trade event to chat about some of the big issues and discussions the mining industry is having internationally. We dig into the impact of climate change politics, the new-era of social license, and the potential for social media in mining communications. Meanwhile, we continue our discussions with the financial community about commodity outlooks heading into the new year. Trish Saywell provides a transcript of her discussion with Scotiabank commodity economist Rory Johnston (9:00), which contains more interesting insights on the pending nickel and copper markets. Matt summarizes the recent buzz around Chinese loan markets and the industrial complex, and chats about the major headlines in Glencore's (LON: GLEN) investor update call (hint: think zinc). (6:45) Finally, our Sponsor Spotlight this week features Joe Lombard, the Global Director of Metals at Hatch. (36:45) Joe and Matt chat at the Northern Miner's Progressive Mine Forum in Toronto about innovation and implementation successes and challenges from the viewpoint of a major international engineering supplier. Bonus: Matt rants about press coverage of the BC NDP's Site C decision! Articles referenced: ICMM's Butler: Mining ‘a real agent of change when it comes to alleviating poverty': http://www.northernminer.com/news/icmms-butler-climate-change-politics-industry-challenges/1003792197/ Scotiabank's Rory Johnston: ‘A lot of tailwinds behind the base metals complex': http://www.northernminer.com/commodities-markets/scotiabank-economist-rory-johnstons-outlook-base-bulk-metals/1003792154/ ‘We can use the power of machine learning': PMF roundtable discusses innovation in mining: http://www.northernminer.com/news/pmf-roundtable-discusses-innovation-mining/1003791762/ CRU expects lithium demand to triple between now and 2025: http://www.northernminer.com/commodities-markets/cru-expects-lithium-demand-triple-now-2025/1003792192/ Copper, nickel outlooks dominate LME Week: www.northernminer.com/news/copper-ni…ek/1003791928/ Jeffrey Christian on bitcoin and ‘runaway' gold price: www.northernminer.com/people-in-mini…18/1003791836/ Video: Progressive Mine Forum 2017: www.northernminer.com/news/progressi…am/1003790631/ Music Credits: "Jingle Bells" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/ "Deck the Halls" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

This week we're digging deeper into our commodity retrospective and outlooks for 2018. Matt talks the most recent news and notes, including the impact of the 11th-hour rewrite of the US Tax Code on Saturday (4:00), and why base metals were tracking lower to start the week. We circle back on our coverage of London Metals Exchange (LME) Week to explore a presentation from Dr. Guy Wolf, global head of market analytics at commodity broker Marex Spectron. (6:50) We discuss the importance of narratives and sentiment vis-à-vis bull and bear markets. Dr. Wolf outlines his opinion on quantitative nickel trades and sheds some light on the fundamental impact of the electric-vehicle markets. Matt reflects on copper, zinc, and nickel markets heading into the new year. (14:05) Meanwhile, Lesley sits down with Julianne (Jules) and Ryan Miles in Beaver Creek, Co., to talk about their first children's novel, The Mineral Maniacs and the Magic Hard Hat. (19:20) The eventual children's book series is set to "explore the exciting and educational world of mining, geology, and engineering." We discuss the important of education and how Jules and Ryan came up with the concept. Finally, Matt is joined by Walter Siggelkow, the president of Sudbury-based Hard-Line Solutions, during the Sponsor Spotlight to chat about recent innovations in automation and technology at global mines. (39:55) Walter recounts some of the challenges and successes he's had while working to implement new technologies at legacy mine sites. Articles referenced: Copper, nickel outlooks dominate LME Week: http://www.northernminer.com/news/copper-nickel-outlooks-dominate-lme-week/1003791928/ Jeffrey Christian on bitcoin and ‘runaway' gold price: http://www.northernminer.com/people-in-mining/cpm-groups-jeffrey-christian-looks-ahead-2018/1003791836/ Facts ‘n' figures: ICSG says copper production declining: www.northernminer.com/commodities-ma…ng/1003789486/ Video: Progressive Mine Forum 2017: www.northernminer.com/news/progressi…am/1003790631/ Music Credits: "Jingle Bells" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/ "Deck the Halls" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Erik Townsend welcomes Jeffrey Christian back to MacroVoices. Erik and Jeffrey discuss the outlook on the US dollar, gold, silver and global de-dollarization. They further discuss considerations on new crude oil contract with settlement in yuan, backed by gold and the next Fed Chairman. Later in the interview, they discuss ECB policy considerations, decentralization trends in Europe, Russia and China

Miguel Perez-Santalla, Vice President of BullionVault is joined by Jeffrey Christian, Managing Direct of the CPM Group, a commodities research advisory management firm. He is a precious metals market veteran with over thirty years of experience.  We will be discussing the market fundamentals in gold and silver, the gold and silver ratio, and the recent release of their Silver Year Book. If you want to know the fundamental facts and what direction the market may take you will want to listen to this show.Jeffrey M. Christian is a prominent analyst and advisor on precious metals and commodities markets since the 1970’s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis in general. Mr. Christian is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering using options for hedging and investing purposes. He is the author of Commodities Rising, 2006.About Miguel Perez-SantallaA passionate advocate for retail investors and a regular speaker at industry and media events, Miguel Perez-Santalla has more than 30 years’ experience in the precious metals business. He is a Vice President of BullionVault, the world’s largest precious metals exchange for gold and silver.Click here to register for market news

Miguel Perez-Santalla, Vice President of BullionVault is joined by Jeffrey Christian, Managing Direct of the CPM Group, a commodities research advisory management firm. He is a precious metals market veteran with over thirty years of experience.  We will be discussing the market fundamentals in gold and silver, the gold and silver ratio, and the recent release of their Silver Year Book. If you want to know the fundamental facts and what direction the market may take you will want to listen to this show.Jeffrey M. Christian is a prominent analyst and advisor on precious metals and commodities markets since the 1970’s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis in general. Mr. Christian is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering using options for hedging and investing purposes. He is the author of Commodities Rising, 2006.About Miguel Perez-SantallaA passionate advocate for retail investors and a regular speaker at industry and media events, Miguel Perez-Santalla has more than 30 years’ experience in the precious metals business. He is a Vice President of BullionVault, the world’s largest precious metals exchange for gold and silver.Click here to register for market news

Investerare köper guld som aldrig förr och tillväxtekonomiernas centralbanker fyller på sina guldreserver. Det handlar inte om avgörande summor men trenden är tydlig; inte på 40 år har intresset för guld varit så stort som nu och priset bara stiger och stiger, nästan 30 procent bara i år. Så vad betyder det för världsekonomin att vi ser ut att gå in i en ny "guldålder"? Medverkade gjorde råvaruexperten Thorbjörn Iwarsson, chef för Handelsbankens råvaruhandel och ekonomen John Hassler från Institutet för internationell ekonomi vid Stockholms universitet. Jeffrey Christian, råvaruexpert på CPM Group i New York gav sin syn på den nya guldtrenden. Ekonomiekot Lördag kl 11.40 i P1