“The Outlook for Precious Metals”, Jeffrey Christian, CPM Group

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.