Silver Price Forecast 2020s
Welcome to this week’s Metals & Markets wrap, I am your host James Anderson of SD Bullion.
With us this week a returning guest, Mr. Jeffrey Christian, Managing Director of the CPM Group.
Jeffrey thanks for coming back on our podcast.
We last spoke in early March 2019, so for our listeners:
1) Can we get an update on what has been driving gold spot prices and possibly what could do further so to come?
2) Obviously, the silver market is looking better of late.
I wonder if you think anything interesting about the large inflows of silver into SLV and other large silver ETFs.
Potential aside, as you would likely know well.
Why do GLD inventory level up-downs correlate so much with price movements in gold?
Whereas SLV inventory levels have pretty much flat-lined since 2011 at about 300 to 350 million oz?
3) Hunt Brothers?
I have read your book, "Commodities Rising" and gather that you do not believe that the Hunt's had a major impact on the rising silver price into early 1980. Can you give us a recollection of those days as a reporter for Metals Week?
4) You have been in the precious metals market since the Hunt Brothers were going leveraged long silver derivatives in the 1970s.
What is in your opinion the key ingredients for an explosive typical 2-year price run in silver?
What are the ingredients necessary to see Silver Bull Market runs of 10 fold in fiat US dollar price terms prior (e.g., 1971-1980 or from the early 2000s to 2011)?
5) I presume you all at CPM Group are still projecting nominal price record runs for both silver and gold 2022 to 2024?
Thanks for taking the time Mr. Christian for our silver podcast.
James Anderson
SDBullion.com
“Buy Your Gold & Silver from the Doc”
8000 Yankee Road | Ottawa Lake, MI 49267
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